FDIC-insured banks and savings institutions earned $59.1 billion in the fourth quarter of 2018, an increase of $33.8 billion from the industry’s earnings a year before, the FDIC said today in its Quarterly Banking Profile.
The National Association of Home Builders/Wells Fargo Housing Market Index rose four points to 62…
There was $505.8 billion in retail and food service sales in December, down 1.2 percent…
Producer prices declined 0.1 percent in January, seasonally adjusted, after decreasing 0.1 percent in December,…
As an alternative to raising wages, businesses have begun pursuing other strategies to hire and retain employees.
For Valentine’s Day, the ABA Banking Journal Podcast digs into trends on U.S. marriage and fertility rates and how they might affect financial institutions.
The Consumer Price Index remained unchanged on a seasonally adjusted basis, according to U.S. Bureau…
The NFIB Small Business Optimism Index declined to 101.2, 3.2 points below December’s reading. This…
Americans are more optimistic about their personal finances than at any point in 16 years, with 69 percent reporting that they expect to be better off financially at this time next year, according to Gallup.
Outstanding household debt increased by 0.2 percent in the fourth quarter of 2018, rising by $32 billion to land at $13.54 trillion, the Federal Reserve Bank of New York reported today.