Business inventories in January came in at $2.56 trillion, virtually unchanged from the month prior but up 0.4% from a year ago, the Commerce Department said today. Trade sales and manufacturers’ shipments were $1.83 trillion, down 1.3% from the month prior and down 1.2% from a year ago.
Republic First Bank closed in Pennsylvania
State regulators closed Republic First Bank, doing business under the Republic Bank brand, in Philadelphia, and appointed the FDIC as...