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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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News >  Business

How Big Pharma is fighting Biden’s program to lower seniors’ drug costs

Pharmaceutical giants are mounting a vigorous legal battle against President Biden’s plan to lower seniors’ prescription drug costs, urging federal judges here and around the country to invalidate a new program that aims to reduce the price of medications for high blood pressure, heart disease, cancer and diabetes.
News >  Business

Will CFPB’s $8 cap on credit card late fees encourage late payments?

On March 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the matter last year. According to the consumer protection agency, the move is an effort to rein in “excessive” credit card late fees.