Pending home sales increased 7.4% in September from the prior month, the National Association of Realtors said today. The pending home sales index—a forward-looking indicator based on contract signings—increased to 75.8. Year over year, pending transactions were up 2.6%.
Real gross domestic product increased at an annual rate of 2.8% in the third quarter of 2024, according to the Commerce Department’s advance estimate.
Banks that prioritize education, coupled with compelling savings vehicles, will meaningfully empower customers on their personal finance journeys.
In a keynote speech at the ABA Annual Convention, Treasury Secretary Janet Yellen unveiled a new National Strategy for Financial Inclusion focused on access to transaction accounts, safe and affordable credit, and savings and retirement opportunities.
Rep. Ritchie Torres (D-N.Y.) reiterated his concern that a Fed proposal to lower the legal limit on debit card interchange fees would reduce resources for a program offering low-cost banking services to the unbanked and underbanked.
The Consumer Confidence Index was 108.7 in October, up from 99.2 in September, the Conference Board said.
A new ABA survey found that a strong majority of U.S. consumers are happy with their credit cards and do not want the government to interfere with their card’s rewards programs
