ABA Offers Feedback to FASB on CECL-Related Technical Corrections

A federal court in Illinois partially upheld a first-of-its-kind state law restricting interchange fees for debit and credit card payments, striking down only the portion of the law that restricts the sharing of certain data obtained in transactions....

Business inventories in November 2025 came in at nearly $2.68 trillion, up 0.1% from the month prior and up 1.2% from a year ago, the Commerce Department said.

Household debt increased by $191 billion, or 1%, to $18.8 trillion in the fourth quarter of 2025, the Federal Reserve Bank of New York reported in its most recent Quarterly Report on Household Debt and Credit.

Advance estimates of U.S. retail and food services sales for December 2025 were $735 billion, virtually unchanged from the previous month, and up 2.4% from a year ago, adjusted for seasonal variation and holiday and trading-day differences, but...

The ABA Office of the Chief Economist believes that the January report points to a mixed near-term outlook for small-business credit demand. Improving sales expectations and solid recent capital spending support ongoing commercial activity, but elevated uncertainty and...

Nearly 200 Democratic and independent members of Congress this week filed an amicus brief urging the courts to halt what they said is the Trump administration’s attempt to dismantle the CFPB.