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As Biden-era ‘junk fee’ rule takes effect, Ticketmaster says it will display fees more clearly

As Biden-era ‘junk fee’ rule takes effect, Ticketmaster says it will display fees more clearly

By DEE-ANN DURBIN, Associated Press

As a Biden administration ban on so-called “junk fees” took effect Monday, Ticketmaster said it will start displaying the full price of a ticket as soon as consumers begin shopping.

Ticketmaster, long a subject of complaints about its hidden fees, was among those targeted by the new rule, which was announced in December by the Federal Trade Commission. The rule requires ticket sellers, hotels, vacation rental platforms and others to disclose processing fees, cleaning fees and other charges up front.

Ticketmaster said Monday it commended the FTC’s action.

“Ticketmaster has long advocated for all-in pricing to become the nationwide standard so fans can easily compare prices across all ticketing sites,” Ticketmaster Chief Operating Officer Michael Wichser said in a statement.

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You’re retired and need cash — is a HELOC the answer?

You’re retired and need cash — is a HELOC the answer?

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that equity could be a lifeline.

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Back in 1995, the typical home cost $114,600. Today’s median sale price is nearly $400,000, according to the National Association of Realtors.

A home equity line of credit (HELOC) is one way to take some of that value and turn it into cash.

But is a HELOC the right solution during retirement? Let’s look at a few scenarios.

Scenario 1: You’re worried about the economy

Recent headlines have given retirees plenty of fuel for doomsday-level fears about their financial future. From concerns about the stability of the Social Security Administration to questions about the ripple effect of tariffs and global market volatility on 401(k)s, it’s understandable to look for ways to buffer your finances. read more

Trump’s anti-DEI battle threatens nonprofits trying to fill critical labor gaps

Trump’s anti-DEI battle threatens nonprofits trying to fill critical labor gaps

By CLAIRE SAVAGE and ALEXANDRA OLSON

CHICAGO (AP) — Recruiting women into construction has been a painstaking but broadly popular effort, with growing bipartisan and industry support amid persistent labor shortages. But President Donald Trump’s aim to stamp out diversity and inclusion programs threaten to cripple community-based organizations that have been critical to that goal.

The Trump administration has moved swiftly to cut off federal funding to dozens of community groups that implement programs on the ground, including apprenticeship readiness programs designed for women, anti-harassment training, and child care and transportation support for workers who need them.

The overhaul stems from a pair of anti-DEI executive orders, which direct federal agencies to cancel all “equity-related” grants, and require government contractors and recipients of federal funds to certify, under threat of severe financial penalties, that they do not operate DEI programs that violate anti-discrimination laws. read more

Here’s a look at the sectors getting a boost from the truce in the US-China trade war

Here’s a look at the sectors getting a boost from the truce in the US-China trade war

By MICHELLE CHAPMAN, AP Business Writer

Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese officials announced that they had reached a deal to roll back most of their recent tariffs and called a 90-day truce in their trade war to allow for more talks on resolving their trade disputes.

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U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%. read more

Georgia become second US state to shield maker of Roundup weed killer from some cancer claims

Georgia become second US state to shield maker of Roundup weed killer from some cancer claims

By DAVID A. LIEB

In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers.

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The legislation signed Friday by Georgia Gov. Brian Kemp is designed to protect Bayer from lawsuits claiming that it failed to tell customers that its popular weed killer Roundup could cause cancer. It’s written broadly enough to provide legal protection in Georgia to any pesticide manufacturer that follows federal labeling requirements. read more