Personal income increased 0.3%, or $66.5 billion, in February, the Commerce Department said today. The personal savings rate—a percentage of disposable personal income—was 3.6%. Meanwhile, personal consumption expenditures increased 0.8%, or $145.5 billion.
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...