Paramount’s Debt Rating Downgraded to ‘Junk’ as Cable Subscriptions Plunge
Hollywood studio Paramount Global has been downgraded to junk status by S&P. S&P cited a continued decline in cable TV subscribers as the reason for the credit rating change. Paramount, which owns numerous terrestrial TV properties including CBS, Nickelodeon, MTV, BET and Comedy Central, faces similar dire economic forecasts as other legacy studios. American households […]
Biden’s ‘Junk Fees’ Crackdown Is A Distraction From The Real Problems, Experts Say
President Joe Biden has made cracking down on “junk fees,” which he says are hurting Americans, a key part of his economic agenda, but experts told the Daily Caller News Foundation that the push is He said it was an attempt to distract from the real cause of the plight of the American people. Economic […]
Biden slashing credit card late fees to $8 in latest crackdown on junk fees
The Biden administration announced a rule Tuesday that would cap all credit card late fees. It’s the White House’s latest effort to eliminate so-called junk fees, which regulators say could save Americans up to $10 billion a year. New regulations from the Consumer Financial Protection Bureau would cap most credit card late fees at $8 […]
Chamber, banking groups blast new Biden ‘junk fee’ fight
The U.S. Chamber of Commerce and several banking groups slammed President Biden’s recent moves in the fight against “junk fees.” Biden on Tuesday announced a new “strike force” to coordinate interagency efforts to crack down on price gouging. The announcement comes ahead of Thursday’s State of the Union address, where Mr. Biden is expected to […]
Three easy ways to clear out the junk on your phone
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GINN: How Biden’s War on ‘Junk Fees’ Hurts Americans
What the Biden administration wants is Credit card late fee limit Through the Consumer Financial Protection Bureau (CFPB). But wait a minute. This can cause problems, especially for the person the rule is trying to help. C.F.P.B. Proposed rule to cap late payment fees for credit cards This may reflect well-intentioned efforts to strengthen consumer […]
Like cigarettes, junk food should come with a warning: âCan killâ | Martha Gill
TFor him, the 1970s were a tumultuous decade for smokers. Of course, people knew that smoking was bad for you. Evidence linking smoking and lung cancer has long existed. Undisputed since 1956. However, despite government education programs, tax increases, and restrictions on sales to children, these warnings were not fully publicized. How could they? Everyday […]