Small Business Optimism Falls in July
The NFIB Small Business Optimism Index decreased to 99.7 in July, a decrease of 2.8 points, reversing the gains in...
Newsbytes
FDIC Selects Four Companies for Tech Prototype Competition
The FDIC has selected four companies to submit proposals for technology to help banks better use data as part of...
SEC Approves Nasdaq Rules to Promote Board Diversity
The SEC last week approved new Nasdaq rules for companies listing on the stock exchange that will require them to...
Consumer Credit Increases in June
In June, consumer credit increased at a seasonally adjusted annual rate of 10.6%. Revolving credit increased at an annual rate...
ABA Data Bank: Non-employer Firms Were Most Likely to Seek PPP Funding at Banks
Non-employer firms—those without full-time or part-time employees on payroll—that sought Paycheck Protection Program funding most frequently did so from large...
Employment Rises in July
Total nonfarm payroll employment rose by 943,000 in July, according to the Bureau of Labor Statistics. Total unemployed persons fell...
Fed Announces Individual Capital Requirements for Large Banks
The Federal Reserve today announced individual capital requirements for banks with more than $100 billion in total consolidated assets. The...
CFPB Issues Interpretive Rule on Juneteenth-Related Mortgage Closing Delays
The Consumer Financial Protection Bureau today issued a long-awaited interpretive rule providing clarity on how the newly enacted Juneteenth holiday...
Fed Survey: Traditional Financing Declined for Businesses as Pandemic Began
Between 2019 and 2020, traditional financing declined among both non-employer and employer firms as the COVID-19 pandemic began, according to...
OCC Details SBA Lending Program Risks
The OCC today issued a bulletin for community banks engaged in Small Business Administration lending activities.
