Massachusetts taxpayers now on hook for after-hours bail fees, thanks to new budget
Massachusetts has taken bail reform to a new level, making law-abiding taxpayers foot the additional costs of releasing defendants from jail at night and on weekends when courts are typically closed. Since 2002, in Massachusetts, defendants seeking release outside of jail time have paid a $40 fee to have a bail commissioner or magistrate come […]
Department of Transportation proposes banning airlines from charging family seating fees
The U.S. Department of Transportation announced Thursday that it is proposing to ban U.S. and foreign airlines from charging families with young children to sit next to each other on a plane if adjacent seats are available at the time of booking. The Biden administration has said it plans to write regulations banning the fees […]
Washington, DC sues StubHub, accuses the resale platform of inflating ticket prices with deceptive fees
The Washington, D.C. attorney general filed a lawsuit against ticket resale platform StubHub on Wednesday, accusing the company of advertising deceptively low prices and then inflating prices with surcharges. Attorney General Brian Schwalb said the practice, known as “drip pricing,” violates the nation’s consumer protection laws. “StubHub purposely hides the true prices in order to […]
Goldman Sachs’ profit more than doubled in the second quarter, bolstered by higher fees from debt underwriting
Anastasia Amoroso, chief investment strategist at iCapital, talks to “Making Money” about what could be the catalyst for a stock market selloff. Goldman Sachs’ profits more than doubled in the second quarter, thanks to higher debt-underwriting fees and strong performance in its bond-trading business. The bank reported Monday profit of $3.04 billion, or $8.62 per […]
Costco hiking membership fees for first time in 7 years
DR Barton, president of Woodshaw Financial Group, analyzes the consumer climate after Walmart’s strong earnings report in Varney & Company. It will soon cost more to join the club. Wednesday, Costco Wholesale Announced Plans The company will raise its annual membership fees in the United States and Canada by $5 to $10 starting Sept. 1, […]
Costco hiking membership fees for first time since 2017—here’s how much it will cost
Costco Wholesale said Wednesday it will increase annual membership fees for customers in the U.S. and Canada for the first time in seven years, effective Sept. 1. The retailer’s membership offers customers a variety of incentives, including free sample trials, discounts on food, gas, home insurance, travel and groceries, and 2% annual rewards on eligible […]
NJ toll troll racked up more than $25K in unpaid Port Authority fees
Time to pay your bill, troll. That’s the message the Port Authority is sending to a New Jersey squatter who owes $25,000 over four years in unpaid tolls, according to a new lawsuit filed this week in Manhattan Supreme Court. The lawsuit states that Jose Guzman, a Cumberland County resident, He owes $25,407 in unpaid […]
JPMorgan Chase, checking account fees
JPMorgan Chase CEO Jamie Dimon told lawmakers during a Senate Banking Committee hearing that the only real use for cryptocurrencies is for criminals and that if he were in power in the government, he would “shut them down.” The head of America’s largest retail bank warned his 86 million customers to “get ready to pay […]
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 […]