New orders for durable goods rise in August
New orders for manufactured durable goods increased $8.9 billion or 2.9% to $312.1 billion in August, the U.S. Census Bureau said in its most recent advance report.
New orders for manufactured durable goods increased $8.9 billion or 2.9% to $312.1 billion in August, the U.S. Census Bureau said in its most recent advance report.
Real gross domestic product increased at an annual rate of 3.8% in the second quarter of 2025, according to the third estimate released by the U.S. Bureau of Economic Analysis.
ABA joined with the Consumer Bankers Association in urging the CFPB not to limit its authority to supervise nonbanks that pose an immediate risk of harm to consumers.
The Financial Services Information Sharing and Data Center called for the creation of a timeline for the financial sector to bolster its cybersecurity defenses against threats posed by quantum computing.
Credit conditions are expected to soften over the next six months as the labor market weakens and inflation persists, according to ABA’s latest Credit Conditions Index.
A G7 working group has released a statement outlining what policymakers and financial institutions should consider when weighing the potential cybersecurity benefits of artificial intelligence against misuse of the technology by malicious actors.
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