U.S. international trade balance grows in March
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Newsbytes
ADP: 247,000 jobs gained in April
The non-farm private sector gained 247,000 jobs in April, according to the ADP National Employment Report. This follows a revised...
ISM: Service sector contracts in April
The ISM Services Index registered 57.1% in March; 1.2 percentage points lower than the March reading of 58.3%. This reading...
Financial industry groups unite to oppose flawed interchange regulations
Ahead of a hearing in the Senate Judiciary Committee on credit and debit card interchange fees, ABA joined with a...
NACHA releases guide addressing contractual considerations of voice payments
The reference guide, created by NACHA’s Payments Innovation Alliance, provides background on the importance of terms and conditions when offering...
ABA comments on FHFA’s re-proposed eligibility standards for enterprise single-family seller/servicers
In a letter to FHFA, ABA commented on the re-proposed update to standards that mortgage lenders would have to meet...
FHFA to make Supplemental Consumer Information Form mandatory
Fannie Mae and Freddie Mac will now require lenders to use the Supplemental Consumer Information Form, which collects information about...
New orders for manufactured goods increase in March
New orders for manufactured goods in March, up twenty-two of the last twenty-three months, increased $11.8 billion or 2.2 percent...
ABA urges Congress to reject bills restricting overdraft
In a statement submitted for the record ahead of a Senate Banking subcommittee hearing on overdraft Wednesday, the American Bankers...
ABA Foundation invites applications for 10th annual Community Commitment Awards
The ABA Foundation invites entries for the tenth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to...
