Advance estimates of U.S. retail and food services sales for February were $738.4 billion, up 0.6% from the previous month, and up 3.7% from February 2025, according to the U.S. Census Bureau.
Core retail sales — excluding automobiles, parts, and gasoline — increased 0.4% this month and increased 4.1% from February 2025.
Lawmakers plan to advance a spending bill to fund most of DHS through Sept. 30, except for the agencies involved in immigration enforcement.
The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be subject to state regulation rather than federal regulation, as permitted under the Genius Act.
The Trump administration is asking a federal appeals court for permission to reduce the Consumer Financial Protection Bureau’s current workforce by more than half, according to a court filing.
The ABA Office of the Chief Economist believes the manufacturing sector remained on solid footing in Q1. Continued expansion may result in increased borrowing as firms look to boost production output resulting in stronger commercial and industrial loan demands.
The FDIC cited 1,155 violations of consumer protection statutes and regulations in 2025, representing a decline from the year before, according to the agency’s annual Consumer Compliance Supervisory Highlights report.
Separate surveys by Wells Fargo and TD Bank found that an increasing number of people are turning to AI for financial advice, although they still prefer humans to make the final call on financial decisions.
