Near-term expectations for price growth fell in the latest consumer sentiment survey from the Federal Reserve Bank of New York, but remains above the central bank's target across all time horizons.
The CFPB is still without a permanent director, KeyBank has completed its acquisition of Clearwater UK, Flagstar's private bank has launched an insurance agency and a suite of discretionary managed investment portfolios, and more in this week's banking news roundup.
Amex GBT is using Anthropic's Claude to help travelers navigate searches, and plan and book itineraries, betting the complex and common practice of booking corporate travel will attract users.
Senate Majority Leader John Thune, R-S.D., said the cryptocurrency market structure bill will be considered "first thing" after senators return from recess in September.
As AI tools take over more of the research, drafting and prep work that once taught new advisors the job, firms are racing to figure out what should replace it.
In a letter to the Federal Reserve and Office of the Comptroller of the Currency, Sen. Elizabeth Warren, D-Mass., questioned the decision to allow a Texas bank to change charters while under a cease-and-desist order related to money-laundering controls.
