consumer
Proposed federal rule would lower credit card late fees
As Americans continue to struggle with high credit card rates, the Consumer Financial Protection Bureau has proposed a rule to help lessen some of their financial burden — in the form of lower late fees. The new rule would limit late fees to $8. Currently credit card companies can charge as high as $41 — […]
Economists predict ‘mild recession’ as Arkansas gears up for 2023 legislative session
A mild recession and a holiday spending hangover. That’s what economic forecasters predict for 2023 as lawmakers head to the state Capitol in January. Rising interest rates and persistent inflation will push the economy into a downturn, experts say, and those economic clouds could also cause the 94th General Assembly to consider any robust spending programs […]
USDA gives $73 million to create, expand smaller livestock processors
The U.S. Department of Agriculture announced its first grant awards on Wednesday — totaling about $73 million — to increase the processing capacity of smaller, independent meatpackers in 16 states. They range from a $292,000 grant to provide independent Montana farmers with a USDA-inspected meat processing facility — which is required to sell the products […]