Factory orders declined in July
New orders of manufactured goods decreased $7.8 billion, or 1.3%, from the prior month to $603.6 billion in July, the Commerce Department said.
New orders of manufactured goods decreased $7.8 billion, or 1.3%, from the prior month to $603.6 billion in July, the Commerce Department said.
Most of the 12 Federal Reserve districts reported little or no change in economic activity since July, with the four that differed reporting modest growth, according to the Fed’s sixth Beige Book report of the year.
FinCEN unveiled a facelift for its main website, which it said has been redesigned to provide a more user-friendly experience.
The conference will bring together a range of interested parties to discuss how to further innovate and improve the payments system, according to the Fed.
The ABA Foundation and FBI released a new infographic aimed at educating the public about the growing threat of deepfake scams.
Thirteen percent of respondents said they use AI for banking and financial services on a daily basis, while 59% said they use it occasionally, according to J.D. Power.
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