The Treasury Department and IRS should issue guidance on income tax reporting for trusts and estates under the One Big ...

Businesses that fail to disclose that they use consumer data to set personalized prices for goods or services are likely ...

The Bureau of Economic Analysis’s (BEA) second estimate left Q2 real gross domestic product growth unchanged and in line with ...

The American Bankers Association and the Michigan Bankers Association have released a new ad highlighting Rep. Bill Huizenga’s (R-Mich.) support ...

Pontiac Bancorp in Pontiac, Illinois, has agreed to buy Ottawa Bancorp in Ottawa, Illinois. The parent of the $1.2 billion-asset ...

The 30-year Treasury yield recently reached a nearly 20-year high amid concerns over the fiscal deficit, AI-related borrowing, and inflation ...

The FDIC has held conversations with the Federal Reserve about a proposed series of amendments to Community Reinvestment Act regulations ...

The banking industry reported a return on assets ratio of 1.37% and aggregate net income of $90.1 billion in the ...

Meanwhile, the Federal Housing Finance Agency’s House Price Index showed that home prices were unchanged in June compared to the previous month. The FHFA index is calculated using the prices of houses ...

New home sales in July were reported at 607,000, below the estimate 620,000, representing a 10.5% monthly decrease. Compared to ...

The Consumer Confidence Index was 89.4 in August, down from 90.2 in July, the Conference Board said. The present situation ...

Federal housing and banking regulators are rescinding 2022 guidance on special-purpose credit programs, or SPCPs, saying the document conflicts with ...