New CFPB rule caps banks’ credit card late fees at $8
The Consumer Financial Protection Bureau unveiled a new rule on Tuesday that it said would cap the typical late fee…
Harvard Business School grad’s Ponzi scheme swindled alums out of $2.9 million, New York attorney general says
A Harvard Business School graduate tricked his fellow alumni and associates into investing at least $2.9 million in a Ponzi…
‘Ghosting’ gets more common in the job market: It’s not a ‘passing fad,’ report says
“Ghosting” isn’t just a dating phenomenon: It has grown more common at the workplace, too. And that unreliable behavior risks…
In wake of AT&T outage, consumer advocates say you should always ask for money back if there’s a blackout
AT&T is reimbursing customers affected by a massive nationwide cellular outage with an $5 credit, which the company expects to…
Major airlines raised fees for checked bags. Here are 7 ways to cut costs
A handful of airlines — Alaska Airlines, American Airlines, JetBlue Airways and United Airlines — have raised their fees for…
Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says
Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula…
How to avoid the top scam of 2023: The internet has ‘really supercharged’ it, expert says
Consumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to…
Deflation: Here’s where prices fell in January 2024, in one chart
Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers…
Here’s the inflation breakdown for January 2024 — in one chart
Inflation declined in January and consumers’ buying power rose as price pressures for U.S. goods and services continued to ease.…
Policy changes look to reduce 401(k) plan ‘leakage’
Leaks aren’t just a problem for pipes. Billions of dollars a year drip from the U.S. retirement system when investors…
