OCC seeks research papers on AI in banking, finance

The ISM services index contracted in May, the first time since June 2024, the Institute for Supply Management said.

Roughly 60% of current homeowners and prospective homebuyers are uncertain whether now is a good time to buy a home, up from 48% two years ago, according to a recent survey by Bank of America.

Proposed acquisitions have been announced in recent days of banks in Florida, Kansas and Missouri.

ABA and 52 state bankers associations urged senators to include legislation to expand access to affordable real estate credit in rural areas in a budget package currently under consideration in Congress.

New orders of manufactured goods increased $25.7 billion, or 4,3%, from the prior month to $618.8 billion in March, the Commerce Department said.

As more retail bank customers struggle to pay their bills on time, many of them are looking to their banks for financial advice, according to a new survey by J.D. Power.