Banker satisfaction with their core providers increased modestly in the 2024 ABA Core Platforms Survey. On a scale of 1-5, overall satisfaction remains low at 3.19. Banker satisfaction varied significantly among the top providers in terms of responses, revealing that all core platform providers are not the same.
Real GDP fell at an annual rate of -0.3% in the first quarter of 2025, according to the BEA's "advance" estimate.
The Fifth Circuit Court of Appeals granted a request by the CFPB and ABA and other plaintiffs to end a lawsuit over changes to the bureau’s UDAAP exam manual.
New orders of manufactured goods increased $25.7 billion, or 4.3%, from the prior month to $618.8 billion in March, the Commerce Department said.
The U.S. economy added 177,000 nonfarm jobs in April, the Labor Department said. The unemployment rate was unchanged at 4.2%.
Senate Majority Leader John Thune (R-S.D.) will expedite a Senate vote on legislation to create a regulatory framework for payment stablecoins, the bill’s sponsors announced.
ABA joined six associations to offer recommendations for lowering barriers to bank engagement with digital assets.
