Do late fees really protect consumers against debt
A NerdWallet analysis outlines how credit card late fees rose to up to 41 and how CFPB proposals to cut them to eight could spark more late payments and higher debt. It cites TransUnion debt trends, ABA views, and suggests notifications autopay and waivers as ways to avoid penalties.
MENTIONED IN THIS ARTICLE
Consumer Financial Protection Bureau
American Banking Association
TransUnion
CFPB
Wei Zhang
Office of Consumer
Zhang
NerdWallet
Harris Poll
Ford to centralize computing as cars become software driven
Ford executive Doug Field outlines a shift from many individual car parts with built in computers to a centralized processor running Ford software. The move affects F-150 Lightning and ICE F-Series, enabling services like remote trunk access and in-car sensing, while emphasizing security and new business models for low cost EVs. Interview by Tom Krisher.
MENTIONED IN THIS ARTICLE
Ford Product Development
Doug Field
Field
Ford
Associated Press
Amazon
On-site Work Share Drops in Computer and Math Jobs
Census figures show on-site presence fell from 60 percent in 2019 to 30 percent in 2021 for computer and mathematical occupations, while laborers' on-site shares barely moved, according to the latest release.
MENTIONED IN THIS ARTICLE
U.S. Census Bureau
Census Bureau
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