The White House today announced details of an emergency temporary standard that will require all employers with 100 or more employees to be fully vaccinated or test weekly for COVID-19. Under the standard—which was developed by the Occupational Safety and Health Administration at the direction of President Biden—employees of covered firms will have until Jan. 4 to receive the vaccine or be required to produce a negative test on “at least a weekly basis.”
The Federal Open Market Committee said today that it will begin reducing the monthly pace of its asset purchases since the economy has made substantial progress toward the committee’s goals.
In the wake of COVID, which digital and branch management changes are with us for good?
The outlook for financial stability continues to be dominated by the economic fallout from the COVID-19 pandemic, according to a new report released today by the Basel, Switzerland-based Financial Stability Board.
With government and private-sector vaccine mandates taking effect soon, the Equal Employment Opportunity Commission yesterday updated its technical assistance question-and-answer document to provide guidance on how employers may respond to an employee’s request for an accommodation to a vaccine requirement based on a conflict between that requirement and the employee’s sincerely held religious beliefs, practices, or observances.
Economic activity grew at a modest to moderate rate from August to early October, but in some parts of the country growth slowed due to supply chain disruptions, labor shortages and uncertainty around the Delta variant of COVID-19, according to the Federal Reserve’s seventh Beige Book release of the year. The report was based on information collected through Oct. 8.
Nine in 10 Americans with a bank account say they are satisfied or very satisfied with their primary bank, according to the results of a new Morning Consult survey released today during the American Bankers Association Annual Convention in Tampa, Florida.
The OCC today released its bank supervision operating plan for fiscal year 2022, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year that started Oct. 1.
With the COVID-19 pandemic driving more consumers to online and mobile banking, banks have to meet rising customer expectations and bridge online and in-person options, the American Bankers Association and Accenture said today in a new report on the state of digital lending.
Federal Open Market Committee members said that if they decide to start tapering asset purchases at their next meeting, the process could begin in mid-November or mid-December.