According to the Bureau of Labor Statistics’ Consumer Price Index, inflation sits at 3.4% as of April 2024. This is a significant drop from a peak of 9.1% in July 2022, and a slight drop from 3.5% last month. This ...

DoorDash orders in Seattle include a $4.99 “SEA Regulatory Response Fee” to “help cover DoorDash’s increased operating costs” as a result of new minimum wage standards implemented by the city. (GeekWire Photos / Taylor Soper) A new complaint asks the ...

SAN JOSE, Calif., May 28, 2024--(BUSINESS WIRE)--Debt collectors can contact you in more ways than ever—phone, email, text message, and even on social media. With so many clever scammers out there, it can be hard to know whether a debt ...

The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks ...

About 1 in 4 consumers in the United States own at least one co-branded or store-specific credit card. However, their popularity doesn’t come close to that of general-use credit cards, which are owned by 68% of consumers. These are key data points in ...

This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit card late fees cap back to Washington, D.C, Reuters reported Tuesday (May 28). U.S. District ...

NEW YORK (AP) — Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The share of credit card debt that's more than 90 days overdue rose to 10.7% during ...

By Nate Raymond (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday scored a jurisdictional victory when a federal judge in Texas transferred to another court in Washington, D.C., an industry-backed lawsuit challenging the agency's rule capping credit ...

The Honorable Magistrate Judge Maynard is a name folks should remember. He just issued an interesting ruling in Belleville v. Florida Insuance Services, Inc. 2024 WL 2342337 (S.D. Fl. May 23, 2024) and I wish more courts would adopt his reasoning. In Belleville the ...