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WASHINGTON—The Senate comes back to Washington next week and begins work on the Big Beautiful Bill.

WASHINGTON—Real gross domestic product declined at an annual rate of 0.2% in the first quarter of 2025, following a 2.4% increase in real GDP during the fourth quarter of 2024, according to the second estimate from the U.S. Bureau of Economic Analysis.

MCLEAN, Va.--The 30-year fixed-rate mortgage averaged 6.89% this week, Freddie Mac reported.

WASHINGTON—As expected, the Independent Community Bankers of America is criticizing the latest credit union bank buy announcement.

WASHINGTON—President Trump is proposing cutting $291 million in discretionary funding for the Community Development Financial Institutions Fund.