Nonemployer firms -- those without full-time or part-time employees on payroll -- said that meeting operating expenses and accessing credit were their top financial challenges, according to a new report today by the Federal Reserve Banks of New York, Cleveland and Richmond.

The Federal Communications Commission today voted unanimously to create a database of phone numbers that have been relinquished by one individual and reassigned to another individual, something that the American Bankers Association has long called for.

President Trump today signed an executive order creating a new council that will help ensure the success of the Opportunity Zones tax incentive.

With a vote of 369 to 47 today, the House approved the 2018 Farm Bill.

Commercial banks reported total trading revenue of $7.1 billion in the third quarter of 2018, up 2.7 percent from the second quarter, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today.

Key regulatory changes and business trends will drive bank mergers and acquisitions in 2019, two top bank deal lawyers say on the latest episode of the ABA Banking Journal Podcast.

The Consumer Price Index was unchanged in November on a seasonally adjusted basis, according to U.S. Bureau of Labor Statistics. This followed a 0.3 percent October increase. Over the last 12 months, the all-items index rose 2.2 percent, up from last month’s 2.1 percent increase. Prices for all items less food and energy, the “core CPI,” grew 0.2 percent in ...

In a year that saw passage of a major regulatory reform law, U.S. financial institutions’ anxiety levels over compliance obligations eased significantly, according to a survey released this morning by Wolters Kluwer.

The share of current and performing first-lien mortgages in the third quarter of 2018 was 95.4 percent, up from 94.8 percent a year ago, according to the Mortgage Metrics Report released today by the OCC.

According to Gallup’s annual crime survey released today, 23 percent of Americans report that they or someone in their household had personal, credit card or financial information stolen by computer hackers in 2018. This reading is consistent with 2017 survey responses showing that 25 percent of Americans had experienced cybercrime. Of the nine types of criminal activity named in the ...