New orders for durable goods fall in January
New orders for manufactured durable goods in January decreased $18 billion in January to $276.7 billion, the U.S. Census Bureau...
Economy
The true cost of too much data
A 2024 ABA survey shows that the CFPB’s 1071 final rule will significantly increase the cost of small business credit.
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
Existing home sales increased 3.1% in January
Existing home sales increased 3.1% in January to a seasonally adjusted annual rate of 4 million, the National Association of...
ABA Data Bank: Tooth Fairy Index declines for first time in five years
The average cash gift left by the Tooth Fairy in the U.S. declined by 6% in 2024, from $6.23 to...
Podcast: How the ‘apolitical’ Fed moves during presidential elections
If the past has any predictive power, rate-watchers may want to discount the chance of significant rate movements this election...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.9% this week, up from last week when it averaged 6.77%.
Existing home sales increased 3.1% in January
Existing home sales increased 3.1% in January to a seasonally adjusted annual rate of 4 million, the National Association of...
FOMC minutes: Members remain cautious about lowering rates
During their most recent meeting in January, most members of the Federal Open Market Committee remained concerned about easing monetary...
ABA: Bank economists express cautious optimism about credit conditions
While bank economists expect credit conditions to continue to weaken compared to the extremely strong position of the last few...
