John Berry reports on job cuts at the Federal Reserve resulting from fewer checks to process.

With Americans writing fewer checks, the Federal Reserve announced yesterday that it will stop processing checks at 13 of its 45 nationwide sites, close five of them and reduce employment by a net of 400 jobs.

Brian Krebs and Jonathan Krim report on recent moves by online retailers to collect sales taxes on online sales.

Under a deal with 38 states and the District, several big retailers that also have major stores around the country -- including Wal-Mart Stores Inc., Target Corp. and Toys R Us Inc. -- will have their online divisions collect sales tax.

American Express hosted a financial community update yesterday. Slides and text from the presentations are available.

First Data Corp. announced this morning that Eula Adams, president of Card Issuing Services, is leaving March 1st. More from the Omaha World-Herald.