FHFA Sets 2018 Performance Goals for Fannie, Freddie

Industrial production (IP) rose 0.3% in June after remaining unchanged in April and May. For the second quarter as a whole, IP increased at an annual rate of 1.1%. In June, manufacturing output ticked up 0.1%, and the...

The Producer Price Index for final demand was unchanged in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices increased 0.3% in May and declined 0.3% in April. On an unadjusted basis, the...

Huntington Bancshares, First Community and Civista Bancshares announce planned acquisitions in Texas, Georgia and Ohio.

ABA shared several possible reforms for the Dodd-Frank Act as the law approaches the 15th anniversary of its enactment, saying changes are needed to mitigate its burdens on banks of all sizes.

While the version included in the final legislation is modified from ABA’s original ACRE proposal, there remains significant relief for ag and rural communities. Qualified lenders will be able to exclude from gross income 25% of interest income...

Jonathan Gould was sworn in as the 32nd comptroller of the currency. He succeeds Rodney Hood, who was acting comptroller for five months.