RTP network surpasses one billion transactions

U.S. manufacturing activity expanded in January after 26 consecutive months of contraction, the Institute for Supply Management said. ISM's manufacturing index was 50.9%.

Construction spending in December 2024 was at a seasonally adjusted annual rate of $2.19 trillion, 0.5% above the revised November estimate, the Commerce Department said.

President Trump designated Treasury Secretary Scott Bessent as acting director of the CFPB following the termination of former Director Rohit Chopra last week.

As the Trump administration searches for cost savings to address federal budget deficits, it is time to reexamine credit union tax subsidies that cost taxpayers billions each year, former FDIC Chairwoman Sheila Bair wrote in an opinion column...

President Trump has removed Rohit Chopra as director of the CFPB, Chopra announced on his X account. The White House had not made any official announcements of Saturday morning about Chopra’s termination or who may replace him.

Personal income increased 0.4%, or $92 billion, in December 2024, the Commerce Department said. The personal savings rate was 3.8%.