February 26, 2024 9:56 am
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Overdraft fees, late fees could be slashed as White House continues attack on junk fees

The cost of overdrawing your bank account could ease considerably under a rule proposed this month by the Consumer Financial Protection Bureau. The proposed regulation is in line with a larger effort that the Biden administration has championed the past few years to crack down on “junk fees,” which are tacked onto everything from ticket prices to hotel bills.

Labor Market Improves for Another Month in October

The United States added 150,000 new jobs in October, according to the monthly report released by the Bureau of Labor Statistics. Average hourly wages rose 4.1 percent from a year earlier and by 7 cents, or 0.2 percent, compared to September. The national unemployment rate changed little at 3.9 percent.  The largest gains were seen …