Business inventories in April came in at $2.55 trillion, up 0.3% from the month prior and up 1% from a year ago, the Commerce Department said Tuesday. Trade sales and manufacturers’ shipments were $1.86 trillion, up 0.3% from the month prior and up 2.2% from a year ago.
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent actions by the OCC to reaffirm federal preemption of state attempts to regulate interchange fees, as in Illinois.









