Newsbytes

A Federal Reserve proposal to significantly tighten the cap on debit card interchange compensation earned by banks has introduced sustainability...

In a joint letter, ABA and the Consumer Bankers Association expressed tentative support for a CFPB proposal to regulate large...

The ISM Services index decreased 2.1 percentage points (pp) to 50.6%—the 12th consecutive month of expansion for the services sector....

New orders for manufactured goods increased 2.6% to $592.9 billion in November, according to the U.S. Census Bureau. This followed...

Total nonfarm payroll employment increased by 216,000 in December, and the unemployment rate was unchanged at 3.7%. Job gains occurred...

Minutes of the most recent meeting of the Federal Reserve’s Community Depository Institutions Advisory Council show that council members were...

Rep. Blaine Luetkemeyer (R-Mo.) announced that he will retire from Congress at the end of 2024.

Expectations for a recession among small- and midsize-business leaders have moderated following a year of better-than-expected economic growth, although overall...

The Federal Reserve Bank of St. Louis =announced that Alberto Musalem will be its next president and CEO, effective April...

Federal Open Market Committee members were unanimous in their decision to hold interest rates steady at 5.25 to 5.5% at...