Personal income increased 0.8%, or $210.1 billion, in April, the Commerce Department said. The personal savings rate – a percentage of disposable personal income – was 4.9%. Meanwhile, personal consumption expenditures increased 0.2%, or $47.8 billion.
Federal court partially upholds Illinois interchange fee law
A federal court in Illinois partially upheld a first-of-its-kind state law restricting interchange fees for debit and credit card payments, striking down only the portion of the law that restricts the sharing of certain data obtained in transactions....










