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.
FDIC extends comment period for Genius Act implementation
The FDIC announced that it will push back to May the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.










