US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8.
Legal & Regulatory
UK's Former Chancellor Nadhim Zahawi Settles $6 Million Tax Error Payment
Former UK Chancellor Nadhim Zahawi admitted paying nearly £5 million to authorities to resolve tax affairs following an inquiry into a multi-million-pound settlement with HMRC over YouGov shares, maintaining it was non-deliberate.
Social Security Expansion Could Allow Food Stamp Recipients to Automatically Qualify for SSI Benefits
New Social Security Administration regulations aim to boost benefits and redefine assistance criteria, potentially alleviating financial burdens for millions of SSI and SNAP benefits recipients.
Federal Reserve President Says US Economy Likely Slowing Down — Does This Hint at a Possible Interest Rate Cut Soon?
Atlanta Federal Reserve President Raphael Bostic has reportedly indicated that the US economy is likely slowing down, which could prompt interest rate cuts this year.
California's Landmark Price Transparency Law to Go Into Effect in July — Here's What You Need to Know
The price transparency law of California will take effect on July 1. Here's what you need to know.
Latest News
North Korea imposes strict regulations on fashion and appearance, with a particular focus on banning red lipstick.
White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
Maryland's new ticketing bill, signed into law by Governor Wes Moore, aims to tackle deceptive practices in the live music industry, such as hidden fees and speculative ticket listings, by mandating an all-in pricing system.
The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?
Prime Minister Lee Hsien Loong reveals he once was scammed as Singaporeans are affected by online scammers, too, with the government expected to intensify efforts to combat fraudulent activities.
President Biden's administration plans to announce new tariffs on China, focusing on industries like electric vehicles, batteries, and solar cells, continuing the economic competition between the two nations.
A federal jury in New York convicted an investor on Thursday of insider trading in a shell company's shares ahead of its October 2021 merger announcement with Trump Media.
Canada's financial watchdog has slapped Binance with a fine of nearly $4.38 million for violating anti-money laundering and terrorist financing laws.
A House committee calls Microsoft's Brad Smith to testify later this month about software flaws that enabled hackers to access government officials' email accounts.
