Federal Reserve Board issues enforcement action with former employee of Jonah Bank of Wyoming

Published on July 3, 2025

Federal Reserve Board issues enforcement action with former employee of Jonah Bank of Wyoming

Continue reading on website
Other news

ISM Services PMI Returns to Expansion Territory in June

July 3, 2025
The Institute for Supply Management (ISM) released its June Services Purchasing Managers' Index (PMI), with the headline composite index at 50.8. This was consistent with the forecast and moves the index back into expansion territory after one month of contraction.

The Big Four Recession Indicators: June Employment

July 3, 2025
There is a general belief that there are four big indicators that the NBER Business Cycle Dating Committee weighs heavily in their cycle identification process. This commentary focuses on one of these indicators: nonfarm employment. In June, total nonfarm payrolls increased by 147,000 while the unemployment rate unexpectedly inched lower to 4.1%.