Consumer credit increased 3.4% in February
Consumer credit increased at a seasonally adjusted annual rate of 3.4% in February, the Federal Reserve reported.
Newsbytes
ABA urges FinCEN to rethink currency transaction report requirements
A FinCEN proposal to renew without change its information collection requirements for currency transaction reports, or CTRs, severely underestimates the...
SEC pauses enforcement of climate disclosure rule
The SEC issued a stay on enforcement of its climate disclosure final rule while federal courts consider several challenges to...
Survey: Customer satisfaction higher when bank branches deliver ‘basic’ services
Customer satisfaction with retail bank branches is much higher than average when banks deliver the fundamentals of customer service, according...
303,000 jobs added in March, unemployment rate edged down to 3.8%
The U.S. economy added 303,000 nonfarm jobs in March, the Labor Department said. Job gains occurred in health care, government...
FDIC unveils updated financial inclusion strategic plan
The FDIC has released an updated financial inclusion strategic plan that calls on the agency to take steps to encourage...
Mortgage rates shift slightly
The rate for a 30-year fixed-rate mortgage averaged 6.82% this week, up from last week when it averaged 6.79%. A...
Real-time payments network hit record transactions in Q1
The Clearing House's real-time payments network handled a record 76 million transactions in the first quarter of 2024, valued at...
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud
A new U.K. regulation requiring banks to reimburse customers for losses resulting from push payment fraud “deserves greater discussion and...
U.S. international trade deficit increases in February
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
