A new study of investor behavior during the 2023 bank runs found that news coverage was at least as important as underlying bank fundamentals in driving investor perceptions of bank risk. The post New York Fed study examines media role in 2023 bank failures appeared first on ABA Banking Journal.| ABA Banking Journal
Overall residential mobility has declined in response to reduced home affordability, with the share of the population moving each year declining to 11.8% in 2024, from 15.4% in 2010. The post ABA DataBank: Americans moving less within the same county appeared first on ABA Banking Journal.| ABA Banking Journal
Economic activity in the services sector was unchanged in September. A Services PMI reading of 50% was at the breakeven point between expansion and contraction for the first time since January 2010. The post ISM: Service sector remained unchanged in September appeared first on ABA Banking Journal.| ABA Banking Journal
While the percentage of U.S. consumers classified as financially unhealthy has remained stable, many also report working in a second job or side gig to stabilize their finances, according to a recent survey by J.D. Power. The post Survey: One-third of U.S. consumers working second job to cover finances appeared first on ABA Banking Journal.| ABA Banking Journal
As lawmakers consider deposit insurance reform, Senate Banking Committee Chairman Tim Scott (R-S.C.) is asking the FDIC to provide additional information about the amount of uninsured deposits in the U.S. banking system and the cost to banks should the deposit insurance limit be increased. The post Sen. Scott seeks more info from FDIC on deposit insurance reform appeared first on ABA Banking Journal.| ABA Banking Journal
The American Bankers Association last week responded to a request for information from the Office of the Comptroller of the| ABA Banking Journal
National Bank Holdings in Denver has agreed to buy Vista Bancshares in Dallas. The $9.9 billion-asset parent of NBH Bank| ABA Banking Journal
The Consumer Price Index increased 0.4% in August on a seasonally adjusted annual basis, after rising 0.2% in July, the| ABA Banking Journal
The Small Business Optimism Index from the National Federation of Independent Business increased by 0.5 points in August to 100.8,| ABA Banking Journal
The Financial Crimes Enforcement Network and U.S. banking agencies today released guidance for financial institutions on how to share financial| ABA Banking Journal
The Financial Crimes Enforcement Network today unveiled a facelift for its main website, which it said has been redesigned to| ABA Banking Journal
Federal Reserve Governor Adriana Kugler announced today that she will step down from her position on the Fed board, effective| ABA Banking Journal
A federal court yesterday granted a request by the Federal Reserve and a coalition of bank and business associations to| ABA Banking Journal
The American Bankers Association today shared several possible reforms for the Dodd-Frank Act as the law approaches the 15th anniversary| ABA Banking Journal
In a big Newsbytes for the whole of June, a preview for Bowl Expo 2025, Dave & Busters' new Leaderboard, Headlines, and much more.| Arcade Heroes
In this end of month Newsbytes, South Korea's PlayX4, an update on Godzilla Kaiju Wars, and Konami's reshuffling, among much more.| Arcade Heroes
The Federal Reserve and a coalition of bank and business associations have requested that a federal court pause litigation challenging| ABA Banking Journal
The American Bankers Association, Texas Bankers Association and other plaintiffs today announced they have reached an agreement with the Consumer| ABA Banking Journal
More than half of web traffic is now automated with financial institutions a top target for malicious bots, according to| ABA Banking Journal
The Federal Reserve is proposing to change how it conducts stress tests for large banks to reduce the volatility of| ABA Banking Journal
House Democrats are urging Treasury Secretary Scott Bessent to exempt the Community Development Financial Institutions Fund from a recent executive| ABA Banking Journal
A new survey conducted by Morning Consult on behalf of the American Bankers Association Foundation found U.S. adults strongly support| ABA Banking Journal
The U.S. manufacturing sector expanded in January, Manufacturing PMI® registered 50.9%, after 26 consecutive months of contraction. Regarding the overall| ABA Banking Journal
This edition of Newsbytes is specially focused on a number of rhythm game developments that have popped up, including Maimai DX's new test.| Arcade Heroes
The January deadline for covered businesses to register their beneficial ownership information is once again on hold following a Dec.| ABA Banking Journal
The U.S. Court of Appeals for the Fifth Circuit on Monday reinstated the enforceability of the Corporate Transparency Act and| ABA Banking Journal
A federal judge today ordered a preliminary injunction against enforcement of an Illinois state law restricting interchange fees for national| ABA Banking Journal
Americans should be deeply skeptical of a Consumer Financial Protection Bureau lawsuit against the operator of Zelle and participating banks| ABA Banking Journal
Consumer credit increased at a seasonally adjusted annual rate of 3.2% in the third quarter of 2024, the Federal Reserve| ABA Banking Journal
The Federal Open Market Committee announced today that it would lower the target range for the federal funds rate by| ABA Banking Journal
The ISM Services Index grew by 1.1 percentage points (points) to 56%. “Fourteen industries reported growth in October, up two| ABA Banking Journal
The Office of Federal Contract Compliance Programs, which has enforcement authority over federal contractors, announced that it has received two| ABA Banking Journal
The 2024 Paris Olympic gold medals are composed of 98.9% silver, 1.1% gold and also include a piece iron from the Eiffel Tower.| ABA Banking Journal
In today's Newsbytes, Taiko No Tatsujin USA release updates, Golden Tee 2025, new details on Naruto, and much, much more.| Arcade Heroes
A Texas court on Thursday stayed a Department of Labor final rule that expands fiduciary status to nearly all financial| ABA Banking Journal
Only 41% of mortgage borrowers are currently classified as “financially healthy,” down from 46% in 2023 and 52% in 2022,| ABA Banking Journal
Banks are only one contributor to the overall safety and security of the payments ecosystem and cannot single-handedly prevent criminals| ABA Banking Journal
Four federal agencies today proposed a joint rule that would align each agency's Bank Secrecy Act compliance program requirements with| ABA Banking Journal
When it comes to liquidity reform, it is imperative that regulators tackle “known and identified issues” that were exposed during| ABA Banking Journal
Five agencies today issued final guidance to highlight what they said are the risks associated with deficient residential real estate| ABA Banking Journal
The Consumer Financial Protection Bureau today proposed an interpretive rule declaring that paycheck advance, including earned wage access, products are| ABA Banking Journal
Bank regulators have failed to consistently document their analyses and reviews of proposed and existing rules, with the Federal Reserve| ABA Banking Journal
The rate for a 30-year fixed-rate mortgage averaged 6.77% this week, down from last week when it averaged 6.89%. A| ABA Banking Journal
The nonprofit Aspen Institute today announced the launch of a new task force bringing together law enforcement and private industry| ABA Banking Journal
Nearly half of Generation Z adults—ages 18 through 27—rely on financial assistance from parents and family, according to a new| ABA Banking Journal
As Florida and other states pass laws that seemingly conflict with national banks’ ability to comply with federal anti-money laundering| ABA Banking Journal
The Financial Crimes Enforcement Network, together with the Office of Foreign Assets Control and the FBI, today issued a notice| ABA Banking Journal
There were $704.3 billion in retail and food service sales, virtually unchanged from the previous month, but up 2.3% above| ABA Banking Journal
Business inventories in May came in at $2.56 trillion, up 0.5% from the month prior and up 1.6% from a| ABA Banking Journal
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) declined 1 point to 42 in July. This| ABA Banking Journal
A recent request for input on the Federal Home Loan Banks’ mission suggests that regulators are considering significant regulatory action| ABA Banking Journal
The FBI recently launched a public education campaign urging people to take notice when their friends, family, classmates and coworkers| ABA Banking Journal
The American Bankers Association and two banking associations today asked the FDIC to extend by one year the compliance deadline| ABA Banking Journal
Roughly one in four Americans said they have a “great deal” or “quite a lot” of confidence in banks, with| ABA Banking Journal
The European Union has adopted what it characterizes as the world’s first comprehensive law on artificial intelligence, which bans some| ABA Banking Journal