Producer Prices Rose 0.8% in February
The Producer Price Index for final demand increased 0.8% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
Newsbytes
Treasury Announces Additional Sanctions against Russia
The Treasury Department today issued a new round of sanctions against individuals who have supported Russian President Vladimir Putin’s invasion...
ABA Data Bank: Bank On Certified Accounts Available at Over 36K Branches at the End of 2021
In 2021, 94.8% of low- and moderate-income households were nearby a branch offering a certified Bank On account—which feature low...
Congress Passes ABA-Backed Bill Addressing Tough Legacy Libor Contracts
The Senate late Thursday night passed an omnibus spending package that included a bipartisan, American Bankers Association-backed bill to address...
OCC’s Hsu Says Crypto Education Urgently Needed
Acting Comptroller of the Currency Michael Hsu told the Financial Literacy and Education Commission that there is “an urgent need...
Consumer Prices Rise in February
The Consumer Price Index increased 0.8% in February on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
U.S. International Trade Balance Grows in January
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Small Business Optimism Increases in February
The NFIB Small Business Optimism Index decreased 1.4 points in February, measuring 95.7. A seasonally adjusted net 19.0% of owners...
Consumer Credit Continues Growth In January
Consumer credit increased at a seasonally adjusted annual rate of 6.9 percent in the fourth quarter and 1.9 percent in...
ABA Urges House to Drop Credit Union Charter Enhancement Legislation
The American Bankers Association wrote today in opposition of the credit union industry’s latest attempt at charter enhancement.
