The White House wants to limit the overdraft fees banks can charge customers. To that end, the U.S. Consumer Financial Protection Bureau (CFPB) on Wednesday (Jan. 17) issued a proposal that would close an “outdated loophole” that exempts overdraft lending services from consumer protection laws. The CFPB proposal would...
Apple has revealed plans to make parts, tools and documentation necessary for repairing iPhones and computers available to independent repair shops and consumers across the United States. This move comes as Apple backs a national right-to-repair bill, Reuters reported Tuesday (Oct. 24), citing the White House. Apple...
California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7). This move comes in response to growing concerns about the excessive charges that often far exceed the actual cost of the service provided, and...
Despite acknowledging the potential dangers of rapidly progressing AI technology, Sam Altman, the head of ChatGPT parent OpenAI, has argued that the benefits outweigh the costs. In an interview Thursday (June 22) at the Bloomberg Technology Summit in San Francisco, Altman addressed growing concern about the rapid progress of artificial...
January 19, 2024
The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by the administration to $136.6 billion for over 3.7 million Americans, the Department of Education said in a Friday (Jan. 19) press release. One portion of the newly approved debt relief, […]
January 17, 2024
The White House wants to limit the overdraft fees banks can charge customers. To that end, the U.S. Consumer Financial Protection Bureau (CFPB) on Wednesday (Jan. 17) issued a proposal that would...
October 24, 2023
Apple has revealed plans to make parts, tools and documentation necessary for repairing iPhones and computers available to independent repair shops and consumers across the United States. This move comes as...
October 09, 2023
California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7). This move comes in response to growing concerns about...
