WASHINGTON - A federal judge has struck down a rule setting a cap on the fees that banks can charge merchants for handling debit card purchases. He said the Federal Reserve didn't have the authority to set the limit the way it did in 2011, improperly including data that made the cap too high.
Sarah Appleby, 19, writes down the weight of the bin that
Jessica Thompson, 21, is weighing. The two are part of the
University of Arizona Compost Cats, and they pick up scraps from
the Student Union and campus-area restaurants.