The Daily Populous

Wednesday December 18th, 2024 night edition

image for FTC bans hidden junk fees in hotel, event ticket prices

The rule is one of the final pieces of President Joe Biden's wide-ranging crackdown on junk fees that drive up consumer costs without providing visible benefits.

"We all know the experience of encountering a hidden fee at the very last stage of checkout — these junk fees sneak onto your bill and companies end up making you pay more because they can.

Those fees add up, taking real money out of the pockets of Americans," Biden said in a statement.

The rule would require service fees, resort fees, and other charges commonly added to bookings to be included in advertised prices.

The rule is narrower than what the FTC proposed in 2023 that would have broadly banned hidden and deceptive fees regardless of industry.

The FTC estimates the rule would save U.S. consumers 53 million hours per year they would not have to spend sleuthing out total costs before making purchases.

Biden's regulators have taken aim at inflated and hidden fees, though their efforts have met with lawsuits by businesses and corporate interest groups. »

Biden calls for ban on congressional stock trading

Authored by apnews.com
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WASHINGTON (AP) — President Joe Biden endorsed a ban on congressional stock trading in an interview that’s being released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years.

But Shakir also asked about congressional stock trading, which has been a catalyst for populist anger at Washington.

Biden had previously declined to take a position on congressional stock trading. »

‘Pacific Drive’ TV Series Based on Indie Survival Game in the Works From James Wan (EXCLUSIVE)

Authored by variety.com
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James Wan‘s Atomic Monster production company has acquired the rights to develop Game Award-nominated indie title “Pacific Drive” into a TV series.

Wan and Atomic Monster’s Michael Clear and Rob Hackett will executive produce the TV series adaptation of the project along with Jeff Ludwig of The Menagerie Productions.

Headed up by Hackett, Atomic Monster’s TV division recently debuted horror thriller series “Teacup” on Peacock. »

RIP, the Axis of Resistance

Authored by theatlantic.com
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Iran’s Axis of Resistance, an informal coalition of anti-Western and anti-Israeli militias, was already having a terrible year.

He also had real differences with Hamas (the only Sunni member of the Axis) and the Yemeni Houthis.

Iran’s supreme leader, Ayatollah Ali Khamenei, delivered a defiant speech last Wednesday, insisting that the Axis was alive and well. »