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Market Dynamics

US Shoppers Face Fees of Up to $50 or More to Get Packages From China

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Adhering to the new rules is also proving to be a major lift for US Customs and Border Protection (CBP) and the US Postal...
Tech for Business

CFPB fines fintech Wise, alleging it charged deceptive fees

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The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for what it described as “a...
Startup Spotlight

Epic expands its mobile game store by helping cover developer iOS fees

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Epic Games is adding nearly 20 third-party games onto its mobile app store worldwide on Android and in the European Union on iOS and...
Tech for Business

FTC accuses gig work app Handy of misleading ads and opaque fees for workers

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The FTC and New York’s attorney general have accused Handy, the gig app customers can use to book cleaners, handymen, and more, of making...
Market Dynamics

Editors at Science Journal Resign En Masse Over Bad Use of AI, High Fees

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Over the holiday weekend, all but one member of the editorial board of Elsevier’s Journal of Human Evolution (JHE) resigned “with heartfelt sadness and...
Tech Innovations

Lina Khan’s FTC Drops the Ban Hammer on Junk Fees

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Startup Spotlight

The FTC is officially banning hidden junk fees from hotel and ticket prices

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The Federal Trade Commission has approved a new rule preventing hotels and ticket sellers from hiding extra fees associated with a purchase. Under the...
Tech for Business

FTC bans hidden junk fees in short-term lodging, live-event ticket prices

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The U.S. Federal Trade Commission passed a rule on Tuesday banning hidden “junk fees” for live events, hotels, and vacation rentals. The agency says...
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