Business inventories in January came in at $2.56 trillion, virtually unchanged from the month prior but up 0.4% from a year ago, the Commerce Department said today. Trade sales and manufacturers’ shipments were $1.83 trillion, down 1.3% from the month prior and down 1.2% from a year ago.
Court blocks CFPB’s late fee rule from taking effect
ABA's Rob Nichols welcomed the ruling, which he said “will spare banks from having to immediately comply with a rule...