Home builder confidence declines in May
Builder confidence in the market for single-family homes in May was 34, down from 40 the previous month, according to...
Business inventories rise slightly in March
Business inventories in March came in at $2.58 trillion, up 0.1% from the month prior and up 2.5% from a...
Retail sales edged up 0.1% in April
Retail and food service sales for April were $724.1 billion, up 0.1% from the previous month, the Commerce Department said...
Industrial production little changed in April
Industrial production was flat in April compared to the previous month, the Federal Reserve reported.
Bankers urge lawmakers to ease regulatory hurdles for de novo bank formation
The founders of two de novo banks shared with lawmakers the challenges of launching a new financial institution in the...
Report: Federal, state attempts to limit credit card interchange would harm consumers
Legislation intended to reduce credit card interchange fees would reduce revenue for community banks and credit unions, leading to less...
House committee advances tax package with ABA priorities
The House Ways and Means Committee voted along party lines to advance a federal budget reconciliation tax package that includes...
ABA urges lawmakers to lift regulatory barriers to bank merger, de novo formation
Narrow supervisory standards, inconsistent approval timelines and other regulatory impediments are limiting new bank formation and leading to further consolidation...
Bank survey gauges small business financial preparedness
Nearly three in four small business owners believe they can withstand revenue shortfalls for only two quarters before becoming concerned...
Acting Comptroller Hood outlines OCC priorities
In a recent speech, Acting Comptroller Rodney Hood outlined his top priorities for the OCC, including efforts to promote financial...
