FASB seeks to update accounting standards for investments in tax credit structures

Businesses that fail to disclose that they use consumer data to set personalized prices for goods or services are likely engaging in deception or unfairness and can expect the Federal Trade Commission to pursue enforcement actions, according to...

The Treasury Department and IRS should issue guidance on income tax reporting for trusts and estates under the One Big Beautiful Bill Act to ensure consistent application of the law and avoid a confusing mix of state interpretations...

Persistent price growth continues to pressure household balance sheets. Over time, this could weigh on consumer loan performance as borrowers face greater difficulty managing rising costs.

Pontiac Bancorp agrees to buy Ottawa Bancorp in Illinois. Profinium Financial Holdings to buy F&M Community Bank in Minnesota.

ABA and the Michigan Bankers Association have released a new ad highlighting Rep. Bill Huizenga’s (R-Mich.) support for policies that make life more affordable for Michigan families by lowering taxes and fighting scammers who target bank customers.

The Treasury Department has appointed Chris Miller as director of the CDFI Fund. He joins the fund from Three Roots Capital, a certified CDFI based in Tennessee.