Personal income increased 0.9%, or $ 221.9 billion, in January, the Commerce Department said today. The personal savings rate — a percentage of disposable personal income — was 4.6%. Meanwhile, personal consumption expenditures decreased 0.2%, or $30.7 billion.
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of West Virginia affected by severe storms, flooding and mudslides.
The average cash gift left by the Tooth Fairy in the U.S. declined by 14% in 2025, from $5.84 to $5.01.
In a unanimous vote, the Federal Communications Commission adopted new rules supported by the ABA that would combat illegal calls.
Lawmakers have introduced a bipartisan bill to allow individuals to continue to use their health savings accounts to access telehealth services without first paying a deductible.
ABA and three financial sector associations urged Trump administration officials to rescind and reissue a proposed rule requiring financial institutions and other “critical infrastructure” businesses to report cyber incidents and ransomware payments.
FinCEN said it will not issue fines or penalties against companies that fail to report their BOI by the current deadline. Instead, it plans to issue a new deadline and later revise the reporting requirements.
