Final: Consumer sentiment decreased 2.9 points in January
The University of Michigan Consumer Sentiment Index decreased 3.9% in January compared to the month prior, landing at 71.1, according...
Newsbytes
Trump ends West Bank-related sanctions
The Office of Foreign Assets Control announced the termination of sanctions on certain Israeli persons in relation to their activities...
ABA DataBank: Corn and Soybean prices improve, with tariffs on the horizon
Corn and soybean prices have risen by 5.1% and 4.8%, respectively, to start the year. It is likely that markets...
Existing home sales rose 2.2% in December
Existing home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the National Association of...
Trump orders creation of AI ‘action plan’
President Trump directed his administration to develop an “action plan” to advance the development and implementation of artificial intelligence technologies...
Supreme Court lifts barrier to beneficial ownership information collection
The U.S. Supreme Court ordered a stay of a nationwide injunction preventing enforcement of the Corporate Transparency Act and its...
SEC repeals controversial crypto accounting rules for banks
The SEC issued a staff accounting bulletin reversing a previous bulletin that changed how banks and other publicly traded entities...
White House orders review of regulations affecting crypto sector
President Trump issued an executive order creating a new working group to review regulation of the crypto asset sector and...
ABA backs bill to promote new bank creation
ABA endorsed legislation to spur the creation of new banks by easing federal capital requirements during their first few years...
GAO: Systemic risk exception for 2023 bank failures likely prevented further instability
The 2023 decision by banking regulators to invoke a systemic risk exemption to protect uninsured deposits following the Silicon Valley...
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