FDIC issues regulatory relief guidance for Louisiana

This month’s job gain is evidence of a strengthening jobs market that withstood high energy costs and geopolitical uncertainty. The latest job market strength should support consumer loan demand and credit quality in the near future, ABA economists...

The IRS should allow all banks to serve as trustees of initial Trump accounts for children rather than just rollover Trump accounts, ABA said in a letter to the agency.

A federal appeals court ruled that New York State’s interest-on-escrow law is preempted by the National Bank Act, with the decision coming after the U.S. Supreme Court directed the lower court to reconsider an earlier decision on the...

Consumer credit increased at a seasonally adjusted annual rate of 3.2% in the first quarter, with revolving and nonrevolving credit increasing 3.8% and 3%, respectively, according to the Federal Reserve.

The rate for a 30-year fixed-rate mortgage was 6.37% this week. The rate for a 15-year fixed-rate mortgage was 5.72%.

Consumer inflation expectations in April increased at the short-term horizon and remained unchanged at the medium- and longer-term horizons, according to the Federal Reserve Bank of New York’s Survey of Consumer Expectations.