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Credit card and airline rewards are very popular among Americans, but Biden administration officials are concerned that aggressive marketing practices and the dominance of large players in the industry may be harming competition and consumers. The Consumer Financial Protection Bureau (CFPB) and the Department of Transportation questioned industry executives and consumer advocates during a joint hearing Thursday…

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Business groups, led by the U.S. Chamber of Commerce, filed a lawsuit against the Federal Trade Commission (FTC) to contest its decision to ban noncompete agreements. On Tuesday, the FTC voted 3-2 to approve the rule prohibiting new noncompete agreements. The rule also mandates that employers invalidate existing noncompete agreements and inform current and former employees that they will not be…

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Many former colleagues of Robert F. Kennedy Jr. at a large environmental protection organization are asking the Independent presidential candidate to drop out of the race. Several current and former Natural Resources Defense Council (NRDC) staffers, including co-founder John Adams and President and CEO Manish Bapna, expressed their support for President Biden in the new…

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