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.
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.










