3-cent increase in postage proposed

OKLAHOMA CITY – A request to raise the price of a first-class stamp from 55 cents to 58 cents has been filed by the U.S. Postal Service in an effort to achieve financial stability and to cope with slumping mail volume.

FDIC banks see net income increase for quarter

Aggregate net income for Federal Deposit Insurance Corp.-insured banks and savings institutions totaled $59.9 billion in the fourth quarter of 2020, an increase of $5 billion (9.1%) from a year ago, the FDIC said in a news release.

Fannie Mae: Rise in new filings may mean more job losses are near

New unemployment claims rose to 853,000 in the week that ended Dec. 5, an increase of 137,000 claims since the end of March, according to the Federal National Mortgage Association.