U.S. international trade deficit increases in October
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Newsbytes
Fed’s Bowman: Financial inclusion isn’t a one-size-fits-all issue
"No entity or group of financial institutions alone can solve the challenge of creating a more inclusive financial system," said...
ISM: Service sector expanded in November
The ISM Services Index increased 0.9 percentage points (pp) to 52.7% in November—the eleventh consecutive month of expansion for the...
Multiple mergers; West Coast banks extend deal deadline
First Western Bank & Trust in Minot, North Dakota, bought State Bank of Lismore in Minnesota; LCNB in Lebanon, Ohio,...
Ag sector’s current realities mean a shift for bankers, new Farm Bill priorities
One of the top priorities for the banking industry, as many farms over the next decade may be switching hands...
OCC official: Strong third-party risk management ‘essential’ to customer, bank safety
The OCC’s current financial technology focus includes bank and fintech partnerships, artificial intelligence, digital assets and tokenization, as well as...
WalletHub: Despite economic volatility, consumers mostly confident with finances
Consumers feel nearly 8% more confident about their financial outlook this month than they did at the same time last...
McHenry won’t seek reelection
Patrick McHenry (R-N.C.), chairman of the House Financial Services Committee, was first elected in 2004.
Bank survey: More prospective homeowners reentering market
The number of prospective homebuyers willing to wait until interest rates or home prices come down to purchase a home...
New orders for manufactured goods decreased in October
New order for manufactured goods decreased 3.6% to $576.8 billion in October, according to the U.S. Census Bureau. This followed...
