Retail sales increased 0.6% in August
There were $697.6 billion in retail and food service sales in August, up 0.6% from…
There were $697.6 billion in retail and food service sales in August, up 0.6% from…
Commercial banks reported total trading revenue of $13.7 billion in the second quarter of 2023, down 22.4% from the previous quarter but up 31.7% compared with the year before, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities.
Salaries for many bank staff have risen significantly since 2021, although the median pay raise for many top officers has “normalized” to pre-pandemic levels over the past year, according to a new bank compensation survey by accounting firm Crowe.
The Consumer Price Index rose 0.6% in August on a seasonally adjusted basis, after increasing…
A seasonally adjusted net 17% of business owners planned to create new jobs in the…
The banking sector’s favorability rating dropped slightly in 2023 compared to last year in Gallup’s most recent annual assessment of U.S. public perceptions on different industries.
The U.S. economy is likely to dodge a recession despite an expected loss of momentum in economic growth over the next few quarters, according to the latest forecast of ABA’s Economic Advisory Committee.
Consumer credit increased at a seasonally adjusted rate of 2.5% in July and 3.4% in…
FDIC-insured banks and savings institutions earned $70.8 billion in the second quarter of 2023, according to the FDIC’s most recent Quarterly Banking Profile.
The ISM Services Index registered 54.5%, 1.8 percentage points (pp) higher than July’s reading of…