Podcast: Bankers You’d Like to Spend a Third of Your Life With

The real work for most banks isn't deciding whether or not to become an issuer. It's building the strategy that comes after that answer and showing up as the critical and trusted infrastructure bank customers continue to rely on. 

An ABA Banking Journal series explores how banks are adapting to the financial needs of student athletes, professionals and the sports industry around them.

The Senate adjourned without holding a final vote on the Clarity Act, punting further action on the bill until at least September.

Consumer credit increased at a seasonally adjusted annual rate of 2.6% in the second quarter, with revolving and nonrevolving credit increasing 3.9% and 2.1%.

Consumer inflation expectations in July decreased slightly at the short-term horizon and remained unchanged at the medium- and longer-term horizons, the Federal Reserve Bank of New York said in its most recent Survey of Consumer Expectations.

The U.S. and Japan launched a joint intervention to boost the yen after the currency fell to a 40-year low against the dollar, reflecting concerns about Japanese inflation and broader financial market stability.