Economic indicators

Credit performance stabilizes at Synchrony


After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers.


Fed official hints at changes to large-bank capital buffer


The central bank may need to rethink how it uses a tool meant to combat elevated risk in boom times, said Vice Chairman for Supervision Randal Quarles.


Capital One, Discover prepping for next downturn


The large credit card issuers are becoming more selective about who they are extending credit to and how much they are willing to lend, their CEOs said Tuesday.


Sounder economic data could pay off for Puerto Rico — and its banks


The federal government's more active role in GDP, payroll and other vital statistics produced by the island could hasten its recovery from Hurricane Maria and lift lending and bank valuations at the same time.


Fed votes against deploying big-bank capital buffer


The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase.


Would raising capital requirements for a rainy day hasten one?


One Federal Reserve governor’s push to use an untapped capital buffer to counteract potential losses is stoking concerns that such a maneuver could spook financial markets.


JPMorgan’s 3Q offers glimpse of big questions facing banking


The largest U.S. bank's strong third quarter did not insulate its leaders from being pressed about the downside of pricey investments in technology, whether capital rules make commercial lending growth hard for big banks to achieve, and whether another economic downturn is edging closer.


Is the C&I comeback already over?


Big banks are expected to report that commercial lending weakened in the third quarter thanks to tax cuts, nonbank competition and seasonal factors. It raises questions about whether the second-quarter rally was an anomaly and if an overall economic slowdown is edging closer.


CSBS creating index to gauge health of small banks


The Community Bank Sentiment Index, an outgrowth of a yearly survey conducted by the Conference of State Bank Supervisors, is intended to bring attention to market conditions and how they affect small banks' growth prospects.


Home prices up less in June, affordability an issue, Case-Shiller says


Home prices rose 6.2% on an annual basis in June, not seasonally adjusted, down from a 6.4% gain in May.