FTC cracks down on DoNotPay, others for ‘deceptive AI claims and schemes’
The Federal Trade Commission on Wednesday announced a crackdown on what the regulator called “deceptive AI claims and schemes” by…
Trump’s 10% credit card interest cap could hurt borrowers, experts say: ‘Access to credit would dry up’
Former President Donald Trump has made headlines over the past week with yet another surprise economic policy announcement. After promising…
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…
FTC bans fake online reviews, inflated social media influence; rule takes effect in October
The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, such as those generated with…
White House launches broad new regulatory effort, as Harris prepares to unveil economic plan
The Biden administration on Monday unveiled a new, multi-agency regulatory initiative to target corporate practices that officials claim are designed…
Kamala Harris has a murky antitrust record. Wall Street sees an opportunity
Wall Street dealmakers said they believe Vice President Kamala Harris, if she were to win the November presidential election against…
Short seller Andrew Left of Citron charged with fraud by prosecutors, SEC
Federal prosecutors have criminally charged the activist short seller and analyst Andrew Left with securities fraud related to allegedly using…
Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
Britain’s new Labour government will soon set out updated plans to regulate the “buy now, pay later” industry, a government…
SEC sues Trump Media SPAC ex-CEO Patrick Orlando for alleged fraud
The U.S. Securities and Exchange Commission sued the former CEO of the blank-check company that merged with Trump Media, accusing…
