Weekly Infobyte: Financial Customers Seek a More ‘Rewarding’ Experience

Homebuilder confidence in the market for newly built single-family homes fell four points to 34 in April, according to the NAHB/Wells Fargo Housing Market Index.

The Producer Price Index for final demand increased 0.5% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

The path forward for banks is not about collecting more data but utilizing what is available to its highest potential.

The Senate Banking Committee will hold a hearing next week on the nomination of Kevin Warsh to become the next chairman of the Federal Reserve.

The FDIC has appointed community banker Trey Maust as chief innovation officer. In his new position, Maust will promote the adoption of innovative technologies within the agency and across the financial services sector.

The sharp drop in optimism and increase in uncertainty can be tied to the concerns around the impact of the conflicts in the middle east and the effects on supply chains like energy, chemicals and fertilizers.