ABA Data Bank: Emerging Interest in Hemp, Alternative Energy Financing

The CFPB has asked a federal court to vacate its rule on financial data sharing, citing the rule’s “numerous legal infirmities.”

ABA has added two banks to the ABA Nasdaq Community Bank Index. The index includes 236 community banks with $198.7 billion in market capitalization.

The Illinois General Assembly approved legislation extending by a year the effective date of a first-of-its-kind state law restricting interchange fees.

The University of Michigan Consumer Sentiment Index neither rose nor fell in May compared to the month prior, holding at 52.2, according to final results for the month.

Personal income increased 0.8%, or $210.1 billion, in April, the Commerce Department said. The personal savings rate was 4.9%.

Close to one-fourth of buy now, pay later users were late making a payment in 2024, a significant increase from the previous year.