Rival Retailers Rule the Week in Book News

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This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Welcome to Today in Books. Here’s our the bookish news stories readers were most interested in this week. Barnes & Noble’s Best Books of 2025 You’re not imagining it; Best Books of the Year season is getting earlier […]


Temu halts shipments direct from China as de minimis tariff rule ends

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A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Bargain Chinese retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect on Friday. In recent days, […]


Judge scraps CFPB rule capping credit card late fees at $8

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A federal judge on Tuesday threw out a US Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule adopted during President Joe Biden’s administration was illegal. US District Judge Mark Pittman in Fort Worth, Texas granted a joint request by the CFPB and a coalition […]


Tesla reports $600 million profit boon from digital assets rule change

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Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Joe Skipper | Reuters Tesla‘s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets. After showing a carrying value of […]


CFPB announces rule limiting bank overdraft fees; trade group sues

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Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees. It says the rule will save American […]


Banks raise costs in response to CFPB rule

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Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe will never take effect. Synchrony and Bread Financial, which specialize in issuing branded cards for companies including Verizon and JCPenney, have said that […]