Business inventories in April came in at $2.55 trillion, up 0.3% from the month prior and up 1% from a year ago, the Commerce Department said Tuesday. Trade sales and manufacturers’ shipments were $1.86 trillion, up 0.3% from the month prior and up 2.2% from a year ago.
ABA President and CEO Rob Nichols said the OCC's approvals raise important questions about the scope and oversight of the institutions.
Ten-year treasury yields are still higher than when the Fed began its most recent rate cut cycle last year.
The House Financial Services Committee released bipartisan legislation designed to streamline housing development and increase local flexibility.
The House approved a capital formation package that included provisions from bills supported by ABA.
CISA released version 2.0 of its list of voluntary practices that businesses and critical infrastructure can incorporate to bolster their cybersecurity.
President Trump signed two executive orders creating a task force to challenge state laws on artificial intelligence and directing federal agencies to end “the outsized influence of proxy advisors that prioritize radical political agendas over investor returns.”
