The Supreme Court May Give Us Another 2008 Financial Crisis
A new case could decimate state-level consumer protections against predatory banking practices.
Economic Policy
The Lie Banks Use To Protect Their Late-Fee Profits
Corporations think they’re entitled to sky-high profits, and it’s destroying the economy.
Banks Want To Protect Their Junkiest Junk Fee
Banks are fighting a rule that would stop predatory fees they claim they don’t even charge.
The Lie That’s Inflating Your Credit Card Bills
Credit card companies doubled interest rates on the false claim of inflated financial risk — and now to fight new late-fee rules, they’re threatening to raise them even higher.
The Fed Is Behind The Credit Card Merger
If Capital One is allowed to acquire Discover, it’ll gain access to a government loophole allowing it to raise prices and reduce competition.
Sirota’s Signals: It’s The Cost Of Money, Stupid
Plus, the lost Richard Lewis interview, a huge sale in D.C., a long-forgotten anniversary, and the unfortunate return of Arthur Laffer.
Ending The Ivy League’s Tax Dodge
As efforts mount to finally tax private universities’ massive endowment funds, wealthy institutions are fighting back.
Sirota’s Signals: Yes, $13,000 Per Hour
Plus, the truth about your credit cards, the scourge of our distraction economy, Honest Abe’s dying wish, banning your right to cold beer, and much more.
Your Bank Traps You. Here’s The Fix.
Financial institutions are doing everything they can to prevent consumers from shopping around for better banking options.
Bidenomics Failed Its Inflation Test
Economist Hal Singer on Team Biden’s refusal to aggressively tackle rising prices — and why we’re all worse off because of it.