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ABA DataBank: Retail sales rebounded in June
Despite recent softening and apprehension over price increases, consumer spending was robust over the month.
CFPB to keep notification procedures for state enforcement of consumer law
The CFPB is reversing course on its earlier decision to eliminate the procedures under which state officials must notify the...
Consumer sentiment rises in July
The University of Michigan Consumer Sentiment Index increased 1.8% in July compared to the month prior, landing at 61.8, according...
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ABA, associations urge OCC to postpone crypto firm applications for bank charters
ABA joined four banking and credit union associations in raising concerns about a push by digital asset firms to establish...
Housing starts edge up in June
Privately-owned housing units authorized by building permits in June increased to a seasonally adjusted annual rate of 1.397 million, according...
House passes bills on stablecoins, digital assets, CBDCs
The House voted in favor of two bills to create a regulatory framework for payment stablecoins and digital assets. House...
Business inventories hold steady in May
Business inventories in May came in at $2.66 trillion, virtually unchanged from the month prior but up 1.7% from a...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.75% this week. The rate for a 15-year fixed-rate mortgage was 5.92%.
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