The number of noncash payments more than tripled since 2000, with credit cards now outpacing debit cards in growth in use, according to initial findings from the Federal Reserve's triennial payments study.
ABA joined with the National Consumer Law Center and ACA International in proposing to the FCC a rewrite of the “revoke all” rule. The rule is set to take effect on January 31, 2027, but the FCC is...
Federal Reserve Chairman Kevin Warsh said the public will “see no changes” in Fed independence and that prices remain “too high” but that inflation risks have come down.
Construction spending during May 2026 was estimated at a seasonally adjusted annual rate of $2,210.2 billion, 0.1% above the April estimate of $2,207.1 billion.
The ABA Office of the Chief Economist believes the manufacturing sector’s sixth consecutive month of expansion points to the sector’s continued resilience after a 10-month-long period of contraction. Overall activity remained firmly above year-ago levels. Strong manufacturing business activity...
The CDFI Fund has launched an online tool that state governors can use to nominate communities as qualified Opportunity Zones, which provide tax incentives for investing in distressed communities. New designations occur only once every 10 years.
