Producer prices edged up 0.4% in August
The Producer Price Index for final demand increased 0.4% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Newsbytes
NAR: Existing home sales fell in August
Existing-home sales decreased by 1% month-over-month in August and 1.2% year-over-year, according to the National Association of Realtors.
ABA, state associations offer language to strengthen Clarity Act
Nearly 80 state bankers associations joined with ABA and ICBA to press lawmakers to use the Clarity Act to close...
FBI publishes first cyber strategy roadmap
The FBI released its first “cyber strategy” that outlines the law enforcement agency’s priorities in combating cybercrime and protecting critical...
Mortgage rates climb
The rate for a 30-year fixed-rate mortgage was 6.76% this week. The rate for a 15-year fixed-rate mortgage was 6.09%.
FinCEN releases financial trend analysis on healthcare fraud
Financial institutions flagged approximately $17.5 billion in suspicious activity related to potential healthcare fraud during a one-year period starting in...
Banker op-ed: Congress must get stablecoin rules right to protect Maine people and banks
If deposits begin moving from community banks into stablecoin products because those products offer yield or rewards, the lending capacity...
FCC releases draft order to protect fraud alerts
The Federal Communications Commission released a draft order that would rewrite the agency’s “revoke all” rule – an action that...
Fannie Mae, Freddie Mac expand VantageScore availability to all lenders
Fannie Mae and Freddie Mac will now allow all lenders the option to use VantageScore 4.0 to assess the creditworthiness...
Hill: FDIC on track to issue stablecoin rulemaking by year’s end
The FDIC plans to issue a final rulemaking before the end of the year to establish an application process and...
