Ag lenders signal cautious outlook for farm profitability in 2025
Agricultural lenders report signs of tighter conditions in farm profitability and credit quality in 2025, according to a joint survey conducted by ABA and Farmer Mac.
ABA Data Bank: Economic sentiment improves in chemical manufacturing sector
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Atlanta Fed’s Bostic to retire
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, announced that he will step down from his position at the end of his term early next year.
DOJ: Congress, not Fed, must fund CFPB
The CFPB will exhaust its currently available funding early next year, and the bureau cannot withdraw funds from the Federal Reserve without a congressional appropriation, according to a recent memo by the U.S. Department of Justice.
NFIB Small Business Optimism Index edged down by 0.6 points in October to 98.2
The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The NFIB uncertainty index fell 12 points from September to 88.
Survey: Most consumers would try stablecoins if offered by banks
Nearly three in four consumers are open to trying stablecoins and other digital currency services if offered by their primary bank, compared to just 3.6% who would feel comfortable using unregulated providers, according to a new survey.
Massachusetts mutual, Indiana bank announce proposed deals
Mutual Bancorp in Massachusetts and Bluestone Bank to merge; First Financial in Indiana agrees to buy CedarStone Financial in Tennessee.
