Unemployment Falls to 8.4%, 1.4 Million Jobs Gained in August
Total nonfarm payroll employment rose by 1.4 million in August, according to the Bureau of Labor Statistics. Total unemployed persons...
Newsbytes
ABA Supports ‘True Lender’ Clarity; Expresses Concern with ‘Overly Broad’ OCC Proposal
While welcoming the OCC’s efforts to clarify factors that identify the “true lender” of a loan made through bank partnerships...
ISM: Non-Manufacturing Sector Growth Continues in August
The ISM Services Index (formerly non-manufacturing sector) grew in August for the third consecutive month. The index registered 56.9% in...
U.S. International Trade Balance Widened in July
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Fed Survey: Economic Results of COVID Outweigh Health Risks for LMI Communities
Economic and business-related effects vastly outrank health outcomes when it comes to the impact of COVID-19 on low-to-moderate-income communities, according...
Factory Orders Rise 6% in July
New orders for manufactured goods in July, up three consecutive months, increased 6.4% to $466.1 billion, according to the U.S....
ADP: 428,000 Jobs Gained in August
The non-farm private sector added 428,000 jobs in August, according to the ADP National Employment Report. This follows a revised...
DOJ Seeks Public Feedback on Bank Merger Antitrust Reviews
Noting the rapid technological transformation of financial services, the Justice Department’s Antitrust Division today requested public comments on whether and...
Federal, State Regulators Issue Statement on Banks Affected by Hurricane, Wildfires
The federal and state banking regulators issued an interagency statement today regarding financial institutions affected by Hurricane Laura and the...
BLS: Job Growth to Slow, Labor Force Participation to Drop by 2029
Jobs in the U.S. economy are projected to rise from 162.8 million in 2019 to 168.8 million in 2029, according...
