The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
Nation and World
More people are using Earned Wage Access apps to get money to pay bills in between paydays. Some consumer advocates say the fees make the apps comparable to payday loans.
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.
Walmart and Target are making key self-checkout changes to fight theft.
Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said. Macy’s has at least three stores in the Las Vegas area.
The Federal Trade Commission said the $24.6 billion deal between the grocery giantswould eliminate competition and raise prices for millions of Americans.
The Labor Department report showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month.
Costco has decided to be more up front with its pricing, making a direct effort to show its value proposition versus its rivals.
Walmart is incorporating artificial intelligence into the retail experience through new features introduced at CES, president and CEO Doug McMillon said during a Tuesday keynote address.
The three-year contract agreement must be approved by votes from the union’s board and its members, but the leadership declared the strike will end at 12:01 a.m. on Thursday.
The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
U.S. regulators and 17 states are suing Amazon over allegations that it inflates prices on and off its platform, overcharges sellers and stifles competition.
Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
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