Business inventories in June came in at $2.57 trillion, up 0.3% from the month prior and up 2.1% from a year ago, the Commerce Department said today. Trade sales and manufacturers’ shipments were $1.86 trillion, down 0.1% from the month prior and up 2.2% from a year ago.
OCC, former comptrollers urge court to overturn Illinois interchange ruling
An Illinois state law restricting interchange fees for certain payments threatens the national banking system by interfering with federal powers to regulate that system, the OCC and a group of 10 former comptrollers said in separate court filings.










