CFPB rule caps credit card late fees at $8

CFPB rule caps credit card late fees at

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau unveiled a new rule on Tuesday … Read more

Biden to launch joint FTC-DOJ task force to crack down on ‘unfair and illegal pricing’

Biden to launch joint FTC-DOJ task force to crack down on ‘unfair and illegal pricing’

Federal Trade Commission Chair Lina Khan testifies before a House Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. Kevin Wurm | Reuters President Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which Biden sees … Read more

Apple hit with more than $1.95 billion EU antitrust fine over music streaming

Apple hit with more than .95 billion EU antitrust fine over music streaming

The Apple logo. Costfoto | Nurphoto | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the market for the distribution of music streaming apps. The Commission said it found that Apple had applied restrictions … Read more

Trump lags in small-dollar donations as GOP fundraising company hits snags

Trump lags in small-dollar donations as GOP fundraising company hits snags

Stefani Reynolds | AFP | Getty Images Every so often, Matthew Hurtt receives concerning emails. The subject lines are each slightly different: “Stop charging my account,” “Urgent!” and “Donation not approved,” but the people who send them all want the same thing: to halt the Republican political contribution platform WinRed from making any more automatic, … Read more

Biden executive order aims to protect Americans’ sensitive data from China, Russia

Biden executive order aims to protect Americans’ sensitive data from China, Russia

U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images U.S. President Joe Biden … Read more

FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced that it will be voting on rules that will require cable and satellite providers to display an “all-in” price for video programming on consumers’ bills and … Read more

FCC finalizes rules for ‘all-in’ cable and satellite pricing

FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced it has finalized rules that will require cable and satellite providers to display an “all-in” price for video programming on consumers’ bills and promotional materials. The … Read more

Raising your credit score can help you save $92 per month: report

Raising your credit score can help you save  per month: report

With consumer prices still rising due to higher inflation, there is one way to save money that you may be overlooking: raising your credit score. Increasing your score from fair (580 to 669) to very good (740 to 799) may help you save $22,263 over the life of your credit and loans, according to a … Read more

FTC, HHS examining cause of generic drug shortages

FTC, HHS examining cause of generic drug shortages

A variety of generic pills and capsules.  Nenov | Moment | Getty Images The Federal Trade Commission on Wednesday said it is examining the role that drug wholesalers and companies that purchase medicines for U.S. health-care providers play in shortages of generic drugs, which account for the majority of Americans’ prescriptions. The move follows an … Read more

Public utilities fall short on wildfire risk mitigation

Public utilities fall short on wildfire risk mitigation

Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos. It’s a story increasingly familiar in the energy industry: Some utility companies don’t properly assess the risks wildfires pose to their operations. A failure to mitigate these risks can have disastrous consequences … Read more