
Real GDP decreases 1.5% in first quarter
Real GDP decreased at a seasonally adjusted annual rate of 1.5% during the first quarter…
Real GDP decreased at a seasonally adjusted annual rate of 1.5% during the first quarter…
Rep. McHenry (R-N.C.), ranking House Financial Services Committee member, said a well-regulated space is necessary for the digital asset/cryptocurrency ecosystem.
While uncertainty surrounds the U.S. economy at present, America’s banks remain healthy and prepared to support the communities they serve.
New orders for manufactured durable goods in April increased $1.2 billion or 0.4% to $265.3…
FDIC-insured banks and savings associations earned $59.7 billion in the first quarter of 2022, a 22.2% decrease from the year prior, the agency reported yesterday in its Quarterly Banking Profile.
New single-family home sales fell to a seasonally adjusted annual rate of 591,000 in April,…
Nearly 8 in 10 U.S. households surveyed in late 2021 said they were “doing OK” or “living comfortably,” according to the Federal Reserve’s annual Report on the Economic Well-Being of U.S. Households released today.
The FDIC today said that the banking environment improved in 2021 as the economy recovered from a period of economic hardship the year prior.
Despite the Fed tightening monetary policy—increasing the fed funds rate 75 basis points—real rates* remained deeply negative at the end of April, ticking up only 30 bps over the month.
Existing-home sales fell 2.4% in April to a seasonally adjusted annual rate of 5.61 million,…