California hit with $300M in surprise fees for COVID response
Cities and counties across California could be at risk of at least $300 million after officials say the federal government has reneged on its promise to pay for COVID-19 hotel stays. , San Francisco, which is in the red, may need to come up with $190 million to cover costs. When the pandemic began to […]
Goldman Sachs faces probe over futures trading fees: report
Wall Street investment bank Goldman Sachs is under investigation over the fees it charges on futures trading. Bloomberg News reported This was disclosed on Thursday, citing a person familiar with the matter. The Commodity Futures Trading Commission, the top U.S. financial regulator, privately approved subpoenas to Goldman seeking information about fees charged on some futures […]
Trump spent more than $50 million from PAC money on legal fees in 2023
Former President Donald Trump spent more than $50 million in political action committee funds on costly legal fees last year, according to a new campaign report. Trump’s save america and make america great again The PAC poured millions of dollars into six lawsuits against the former president, ending the year with a total of $5.7 […]
NY real estate broker accused of charging sky-high fees to pay $260K
Gov. Cathy Hochul said Thursday that a Manhattan real estate agent accused of charging exorbitant finder's fees to tenants has agreed to pay $260,000 in fines and restitution under a settlement with the state. Announced. The newspaper first reported on the alleged fraud in August 2022, when a tenant was told that a City Wide […]
Clint Eastwood biography returned to library 38 years late, mystery borrower avoids $6K in fees
Recently, my library received a biography written about Clint Eastwood that I borrowed about 40 years ago. The 1983 book Clint Eastwood by Gerald Cole and Peter Williams was published in May 1986 by students attending John Bunyan Senior School (now named Bedford Academy). It was borrowed from the Central Library. The book was originally […]
Apple plots fees, restrictions in Europe on downloads outside App Store
Apple is reportedly preparing to impose new fees and restrictions on software downloads outside the App Store, a move that comes as Europe seeks to implement sweeping legislation aimed at boosting technology competition. This could prove to be a “big test'' for the company's efforts. The move is part of the Cupertino, Calif., technology giant's […]
Invesco and WisdomTree cut fees on European ETPs as price war reaches Europe – Cointelegraph
The spot Bitcoin (BTC) exchange-traded fund (ETF) fee war has spilled over into Europe just weeks after the U.S. Securities and Exchange Commission (SEC). Approved domestic BTC ETF. Prior to the Jan. 10 approval, multiple applicants updated their S-1 applications multiple times to reduce ETF fees. A similar trend is currently being observed in European […]
Grayscale CEO says most of the 11 approved bitcoin ETFs won't survive, defends highest fees in industry – CNBC
Michael Sonnenschein attends the 2022 Forbes Iconoclasm Summit held at the New York Historical Society on November 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Michael Sonnenshein, CEO of Grayscale Investments, told CNBC: largely [says all 11 in the headline, summary and key point though] Some of the approved […]
The Biden administration's plan to slash bank overdraft fees, explained – Vox.com
The Biden administration is was suggested New rules to curb overdraft fees that occur when consumers withdraw more than the available funds in their bank accounts. According to the Consumer Financial Protection Bureau (CFPB), banks currently collect about $9 billion a year in overdraft fees, and people who pay overdraft fees pay an average of […]
Banks slam Biden administration plan to cap overdraft fees
Banking industry groups on Wednesday condemned the Biden administration's latest proposal to limit overdraft fees, dismissing it as a “false proposal” and an “effort to score political points.” A rule proposed by the Consumer Financial Protection Bureau (CFPB) would require large banks to limit overdraft fees using a “break-even standard,” or benchmark fee, and remove […]