Industrial production increased 0.9% in May from the previous month, the Federal Reserve reported Tuesday. The May figure was up 0.4% from a year prior. Manufacturing rose 0.9%, mining increased 0.3% and utility output rose 1.6%.
The total number of travelers passing through TSA checkpoints in 2025 has not only returned to, but surpassed, pre-COVID levels.
Most banks have taken initial steps in preparing for artificial intelligence, including educating employees about AI-enabled fraud, according to the new bank technology survey by Bank Director.
The most recent request for comment does not implement new requirements under the act, it offers the public an opportunity to contribute to the implementation of the law.
The FDIC’s Summary of Deposits provides deposit totals for each of the more than 76,000 domestic offices operated by more than 4,400 FDIC-insured commercial and savings banks, savings associations, and U.S. branches of foreign banks.
Banks are working every day to protect their customers from fraud, but they cannot stop criminals by themselves, ABA's Paul Benda said during a congressional hearing on financial fraud.
ABA and the National Consumer Law Center sent a joint letter asking the FCC to initiate rulemaking to revisit three provisions in its 2024 order on revocation of consent.
