Survey: Business leaders pessimistic about the economy
only 19% of business leaders reported optimism about the national economy for the year ahead, the lowest percentage recorded in...
Economy
New orders for manufactured durable goods increase in May
New orders for manufactured durable goods in May increased $1.9 billion, or 0.7%, to $267.2 billion, the U.S. Census Bureau...
New home sales rise in May
New single-family home sales rose to a seasonally adjusted annual rate of 696,000 in May, according to the U.S. Census...
Fed stress tests confirm banks could continue lending during a ‘severe recession’
Large banks continued to maintain strong capital levels under a hypothetical severe global recession and substantial stress in commercial real...
Fed closely tracks crypto, Powell tells Senate Banking Committee
Powell added that he does not foresee a recession in the near term, emphasizing the strong economy and businesses "in...
ABA report: Farm banks’ ag lending ticks up in 2021
The annual report examines the performance of the 1,553 U.S. banks specializing in agricultural lending
Existing home sales decrease in May
Existing-home sales fell 3.4% in May to a seasonally adjusted annual rate of 5.41 million, according to the National Association...
Fed report: Banks resilient in face of financial market pressures
Financial market stresses do not appear to have exacerbated the negative effects on broader economic activity or created substantial pressure...
Industrial production increases in May
Industrial production increased 0.2% in May after increasing 1.4% in April. Total industrial production in May was 5.8% higher than...
Agencies release HMDA data for 2021
The share of mortgages originated by nonbanks continues to climb, accounting for 63.9% of home-purchase loans, up from 60.7% in...
