Construction spending fell 0.3% in January
Construction spending in January was estimated at a seasonally adjusted annual rate of $2,190.4 billion, or 0.3 % below the revised December estimate of $2,197.6 billion, the U.S. Census Bureau reported.
ABA DataBank: Inflation bites back — fairy funds falling
Related Posts
OFAC temporarily eases sanctions on Iranian, Venezuelan oil
The Office of Foreign Assets Control has lifted many sanctions on the sale of oil from Iran until April 19 and also eased restrictions on the sale of oil from Venezuela.
FSOC, Treasury Department launch effort to support financial sector AI adoption
The Financial Stability Oversight Council and the Treasury Department’s Artificial Intelligence Transformation Office announced the launch of the AI Innovation Series, a new private-public initiative to support financial sector adoption of AI by reviewing federal regulation.
Lawmakers introduce bill to curb credit repair scams
A bipartisan group of lawmakers has introduced legislation to crack down on deceptive practices used by fraudulent credit repair organizations. Among other things, the bill would prohibit “jamming,” a tactic in which financial institutions are flooded with duplicative...
Fed commissions independent review of Silicon Valley Bank failure
The Federal Reserve has hired an external firm to conduct a review of the Silicon Valley Bank failure, Fed Vice Chair for Supervision Michelle Bowman said.
White House releases national AI policy framework
The White House released a national policy framework that calls on Congress to take several actions to support the safe deployment of artificial intelligence, including supporting law enforcement efforts to fight fraud and scams and passing federal legislation...
