FDIC extends signage rule compliance date by four months

Total nonfarm payroll employment changed little in July (+73,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.2%, also changed little in July. Employment continued to...

The Federal Reserve has joined other banking agencies in allowing banks to collect taxpayer identification number information from third parties rather than directly from bank customers when opening accounts.

The rate for a 30-year fixed-rate mortgage was 6.72% this week. The rate for a 15-year fixed-rate mortgage was 5.85%.

Personal income increased 0.3%, or $74.1 billion, in June, the Commerce Department said. The personal savings rate was 4.5%.

A bipartisan group of senators and House lawmakers introduced a bill to create regulatory “sandboxes” for artificial intelligence test projects at financial regulatory agencies.

For young adults, having friends and a social life often comes with a high price tag, according to a new survey by Ally Bank.