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BankingThe Federal Deposit Insurance Corporation (FDIC) as receiver for five failed banks today announced a $190 million settlement of certain residential mortgage-backed…

InvestingUnemployment rates were lower in April than a year earlier in 269 of the 387 metropolitan areas, higher in 94 areas, and…

BankingThe Board of Governors of the Federal Reserve System (Board or Federal Reserve) is adopting a proposal to revise, without extension, certain…

BankingThe Board of Governors of the Federal Reserve System (Board or Federal Reserve) invites comment on a proposal to extend the clearance…

BankingThe Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal…

BankingCommunity Bank Net Income Rises 7.4 percent to $5.2 Billion Net Operating Revenue of $173 Billion Is 2.7 Percent Higher Than…

Banking; No Administrative Hearings Scheduled for June 2016 The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative…

BankingThe Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act…

BankingMobile banking can help underserved consumers obtain more control over their finances and increase access to mainstream banking, according to a Federal…

InvestingUnemployment rates were significantly lower in April in 5 states, higher in 4 states, and stable in 41 states and the District…

BankingThe Federal Deposit Insurance Corporation (FDIC) is extending the comment period for proposed recordkeeping requirements for FDIC-insured institutions with a large number…

BankingThe Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Wednesday, May 25, to discuss the Mobile…

InvestingThe unemployment rate for foreign-born persons in the United States was 4.9 percent in 2015, down from 5.6 percent in 2014, the…

BankingOn June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System…

InvestingLabor productivity rose in 15 of 28 selected service-providing industries in 2015, the U.S. Bureau of Labor Statistics reported today. This was…

InvestingThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in April on a seasonally adjusted basis, the U.S. Bureau…

InvestingReal average hourly earnings for all employees decreased 0.1 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics…

BankingAgencies Invite Comment on Proposed Rule to Prohibit Incentive-Based Pay that Encourages Inappropriate Risk-Taking in Financial Institutions Six federal agencies are inviting…

InvestingThe Producer Price Index for final demand rose 0.2 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.…

InvestingThe price index for U.S. imports rose 0.3 percent in April following a 0.3-percent increase in March, the U.S. Bureau of Labor…

BankingThe Board is inviting comment on a proposed rule to promote U.S. financial stability by improving the resolvability and resilience of systemically…

InvestingThe number of job openings was little changed at 5.8 million on the last business day of March, the U.S. Bureau of…

InvestingTotal nonfarm payroll employment increased by 160,000 in April, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of…

InvestingAdvance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are…