Credit Card Swipe Fee Ruling Overturned

Credit Card Swipe Fee Ruling Overturned

A U.S. judge from North Dakota has vacated the Federal Reserve’s credit card swipe fee regulation that capped the amount banks can charge merchants for processing transactions. The ruling says swipe fees set by the Federal Reserve set the cap too high, causing...
Sherwin-Williams Shares Q2 Financials

Sherwin-Williams Shares Q2 Financials

In its Q2 earnings report, Sherwin-Williams showed growth in its Paint Stores Group and Performance Coatings Group, but a decline in its Consumer Brands Group. Combining all groups, consolidated new sales increased 0.5% in the second quarter of 2024, totaling $6.27...