Fed: Most Banks Remain ‘Sufficiently Capitalized’ in COVID Stress Scenarios
All 33 banks participating in the Federal Reserve’s 2020 supervisory stress tests would remain above minimum regulatory capital levels under...
Economy
We Were Economic First Responders: The Podcast
From the ABA Banking Journal Podcast team comes the behind-the-scenes story of the Paycheck Protection Program, the largest economic rescue...
Durable Goods Surge in May
New orders for manufactured durable goods in May increased 26.6 billion or 15.8% to $194.4 billion, according to the U.S....
Agencies Release 2019 HMDA Data
The Federal Financial Institutions Examination Council today released the 2019 Home Mortgage Disclosure Act data on mortgage lending transactions at...
New Home Sales Surge in May
New single-family home sales rose to a seasonally adjusted annual rate of 676,000 in May, according to the U.S. Census...
Existing-Home Sales Continued Drop in May
Existing-home sales fell by 9.7% in May to a seasonally adjusted annual rate of 3.91 million, according to the National...
Energy Is Rebounding, But Big Challenges Remain
Stubbornly low prices in response to global trends and suppressed demand from COVID-19 will harm oil and gas businesses, workers...
Illustrating the Impact of the PPP on Small Business Employment
While there are several reasons why unemployment unexpectedly fell in May, one contributing factor appears to be the Paycheck Protection...
Multiple Factors Shaping the Coronavirus Recovery
The timing of ongoing reopening will greatly affect whether the recovery is V-shaped or U-shaped.
Housing Starts Up 4.3% in May
Housing starts increased to a seasonally adjusted annual rate of 974,000 in May, according to the U.S. Census Bureau. The...
