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Finance & WealthChicagoBiz Journals - Finance
Illinois credit card fee law mired in courts as implementation date approaches
The Illinois Interchange Fee Prohibition Act, aimed at eliminating transaction fees on sales tax and tips, is facing legal challenges as its implementation date nears. Banking groups contend that the law is preempted by federal regulations, leading to ongoing court disputes.
May 11, 2026Read More
Finance & WealthChicagoBizJournals - Finance
The private credit market is showing cracks. The trickle-down effect could hit businesses.
The private credit market is experiencing increasing stress, which could have significant implications for businesses reliant on this funding. Experts warn that the trickle-down effect may lead to tighter lending conditions and increased loan defaults, impacting small businesses across various sectors.
Apr 20, 2026Read More
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