Mortgage rates slip

In his new rule, Russell Davis will lead ABA’s Office of Member Engagement, aligning the association’s membership and member experience strategies to ensure ABA continues delivering exceptional value to banks of all sizes.

ABA supports requiring stablecoin issuers to comply with the Bank Secrecy Act and sanctions requirements, but proposed rulemaking to establish those standards needs further refinements, the association said in a letter to the FDIC.

The Washington Attorney General’s Office issued guidelines for donating to reputable charities, as scammers will likely try to take advantage of individuals seeking to help families and businesses affected by the wildfires currently burning in parts of the...

Health savings accounts provided coverage for approximately 62 million Americans by the end of 2025, with the largest percentage of account holders in their 30s and early 40s, according to a new report by HSA investment solution provider...

The non-farm private sector added 44,000 jobs in July, and annual pay was up 4.4% year-over-year, according to the ADP National Employment Report. This follows a revised June report of 95,000 jobs. 

ABA economists believe that despite the higher July topline index, lower employment activity and continued cost pressures in the services sector may weigh on U.S. economic activity. For banks, price pressures and declining employment figures could weigh on consumer...