Regulators eye reducing credit card late fees

The Consumer Financial Protection Bureau is proposing a further limiting of credit card late fees, which the agency says could save consumers around $9 billion per year. The big U.S. job report is out today, and it showed a huge increase in the number of jobs added to the economy. And, the G7 collection of nations plus the EU are tightening their oil ban on Russia. Need some Econ 101? Sign up for our Marketplace Crash Course and get weekly lessons to complete at your own pace!