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Factory orders increase in April
New orders of manufactured goods increased $4.3 billion or 0.7% from the prior month to $588.2 billion in April, the Commerce Department said.
FDIC issues regulatory relief guidance for Arkansas
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Arkansas affected by severe weather.
CFPB warns against certain terms in financial service contracts
The CFPB released a circular that warns against unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.
FDIC finds VITA sites willing to direct unbanked to financial institutions
A new FDIC survey found most Volunteer Tax Assistance Provider sites are willing to provide their unbanked clients with a list of local financial institutions that offer Bank On accounts, even if the sites are not partnered with...
CFPB to require nonbanks to register consumer protection orders
The CFPB finalized a rule requiring certain nonbanks to register information about their company with the bureau along with any agency or court orders concerning consumer protection violations, with that information to be kept by the bureau in...
Service sector contracted in May
The ISM services index declined 0.5% from the prior month to land at 48.7% in May, the Institute for Supply Management said.