Real gross domestic product increased at an annual rate of 3.1% in the third quarter of 2024, according to the Commerce Department’s third estimate. GDP increased 3% in Q2. The update primarily reflected upward revisions to exports and consumer spending that were partly offset by a downward revision to private inventory investment. Imports, which are a subtraction in the calculation of GDP, were revised up.
FinCEN issues statement on Bank Secrecy Act compliance, Venezuelan disaster aid
FinCEN will not take any supervisory or legal actions against U.S. financial institutions for providing authorized financial services in Venezuela to help the country recover from recent earthquakes, the agency announced.









