Supreme Court extends regulatory statute of limitations clock in ‘swipe fees’ ruling
The Supreme Court made it easier to challenge federal regulations by ruling Monday that the six-year limitations period under the Administrative Procedure Act doesn’t start running until a plaintiff is harmed by a regulation. In an ideologically aligned 6-3 decision, the court’s conservative majority ruled that the statute of limitations does not start to run […]
Crypto: Ethereum Gas Fees Plummet, But At What Cost To The Network? – Cointribune EN
2:00 p.m. Four Takes a few minutes to read ▪ Luc Jose A. On June 30, 2024, a historic milestone was reached for Ethereum: the network recorded the lowest gas fees since 2016, news that sends seismic shock waves through the crypto ecosystem. This unexpected phenomenon occurred in the context of high transaction activity, redefining […]
Ethereum gas fees drop: Can the network broaden its appeal? – crypto.news
Ethereum (ETH) recorded its lowest average gas fee since November 2016. According to Dune Analytics: dataOn June 30, the average gas price fell to just 3 gwei (equivalent to $0.14). Notably, 9 of the 10 cheapest hours of gas prices occurred last week. Gas fees are essential to the Ethereum network. They cover the costs […]
Visa, Mastercard $30B settlement over controversial swipe fees rejected
A U.S. court on Tuesday rejected a $30 billion antitrust settlement in which Visa and MasterCard agreed to limit the fees they could charge merchants that accept their credit and debit cards. U.S. District Judge Margo Brody in Brooklyn concluded that she was unlikely to give final approval to the settlement and denied the plaintiffs’ […]
Trump-aligned nonprofit pays $100k in legal fees for Nevada ‘fake electors’
A nonprofit group affiliated with former President Trump has paid $100,000 in legal fees to six so-called “fake electors” in Nevada, according to a person familiar with the payment. Personnel policy affairs,or PPOThe Nevada attorney general’s office paid to support pro-Trump electors who were being prosecuted for falsely claiming that Trump won the state in […]
China Negotiating With Visa, Mastercard to Reduce Transaction Fees – PYMNTS.com
China: visa, master Card and other global card issuers are looking to lower the fees they charge local merchants for overseas card transactions. The China Payments Association has proposed to card issuers to reduce their fees to 1.5% from the current 2-3%. report on Friday (June 21), citing anonymous sources. Mastercard reportedly told Bloomberg that […]
Lawsuit over US credit card late fees rule must stay in Texas, court rules – Yahoo Finance
Nate Raymond (Reuters) – The U.S. Consumer Financial Protection Bureau suffered a jurisdictional setback on Tuesday in a case challenging a new rule capping late credit card fees at $8, with a federal appeals court ruling that the case should stay in Texas and not be sent to a Washington, DC, judge. The ruling by […]
Kevin Spacey cries during Piers Morgan interview, claims he owes millions in legal fees
Actor Kevin Spacey broke down in tears Tuesday as he spoke about the financial difficulties he’s facing after a years-long legal battle over sexual harassment allegations. Former “House of Cards” actor Speaking in an interview On Tuesday’s episode of “Piers Morgan Uncensored,” he revealed that his Baltimore home has been foreclosed and will be auctioned, […]
EBay to drop American Express, blasts ‘unacceptably high fees’
Online marketplace giant eBay has announced that it plans to no longer accept American Express payments, citing “unacceptably high” fees and saying customers have other payment options when shopping online. This is a big blow to American Express, whose customers are often the most attractive to retailers and also spend the most on their cards […]
RNC co-chair on how much fundraising will go to Trump legal fees: 'We'll wait and see'
Republican National Committee co-chair Lara Trump declined to say how much of the money would go towards former President Trump’s legal costs. The former president scrambled to raise funds following the jury’s verdict last week, raising about $35 million in the day after he was convicted on 34 counts of falsifying business records. Lara Trump […]