Industrial Production Rises 0.7% in April
Industrial production increased 0.7% in April. Total industrial production in April was 16.5% higher than its year-earlier level but remains...
Newsbytes
Retail Sales Unchanged in April
There were $619.9 billion in retail and food service sales in April, unchanged from March and 51.2% above the previous...
Verizon Report: Accidental Internal Data Breaches on the Rise
Almost half of data breaches in the financial services industry during 2020—44%—were the result of mostly accidental actions taken by...
ABA: Time for Congress to Act on Credit Union Acquisitions of Taxpaying Banks
Ahead of oversight hearings of the prudential regulatory agencies scheduled for next week, the American Bankers Association called on Congress...
Report: Credit Card Purchase Volume Rises in Fourth Quarter of 2020
Credit card monthly purchase volumes increased in the fourth quarter of 2020, rising 7% for super prime accounts, 8.6% for...
Producer Prices Post Largest Annual Gain Since 2010
The Producer Price Index for final demand increased 0.6% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
McWilliams: FDIC to Seek Comments on Digital Assets
The FDIC in the coming days will issue a request for information to seek additional information on how banks are...
Consumer Prices Rise in April
The Consumer Price Index increased 0.8% in April on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Household Debt Rises by $85 Billion in First Quarter
Outstanding household debt increased 0.6% in the first quarter of 2021, rising by $85 billion to land at $14.64 trillion,...
Senate Votes to Repeal OCC ‘True Lender’ Rule
The Senate today voted to repeal the OCC’s “true lender” rule using a Congressional Review Act resolution.
