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Trumps proposed cap on credit card interest sparks industry concerns


President Trumps bid to compel credit card issuers to cap their interest rates at 10% for one year has banks, airlines and other travel suppliers on guard.

Trumps proposed cap on credit card interest sparks industry concernsSuch a requirement could diminish credit card profit margins, leading to stricter lending requirements as well as reductions in the number of points rewarded for purchases made with co-branded cards. 
Other possibilities include higher annual fees and less generous sign-up offers for co-branded cards, said John Kiernan, managing editor of personal finance company Wallet Hub.
Co-branded cards aimed at higher-risk consumers would likely take the biggest hit.

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Flyers can now purchase TSAs Real ID alternative


Flyers who dont have a Real ID or other acceptable form of identification now have the option of purchasing the TSAs new ConfirmID for flights beginning Feb. 1. Flyers can register and pay the $45 charge online ahead at the Pay.Gov website.

Flyers can now purchase TSAs Real ID alternativeThe ConfirmID is good for 10 days once payment has been made.
Real ID requirements took effect last May, and the TSA said 94% of travelers who pass through airport screening use either a state-issued Real ID drivers license or another acceptable form of identification such as a passport, passport card or DHS trusted-traveler card like Global Entry. The other 6%, however, can be subject to enhanced screening.
The TSA said the new ConfirmID fee will ensure that noncompliant travelers shoulder the cost of that extra screening, rather than taxpayers. 

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Ex-FIFA president joins those calling for boycott of World Cup in U.S.


Former FIFA president Sepp Blatter on Monday backed a proposed fan boycott of World Cup matches in the United States because of the conduct of President Donald Trump and his administration at home and abroad.

Ex-FIFA president joins those calling for boycott of World Cup in U.S.Blatter was the latest international soccer figure to call into question the suitability of the United States as a host country. He called for the boycott in a post on X that supported Mark Pieths comments in an interview last week with the Swiss newspaper Der Bund.
Pieth, a Swiss attorney specializing in white-collar crime and an anti-corruption expert, chaired the Independent Governance Committees oversight of FIFA reform a decade ago. Blatter was president of the worlds governing body for soccer from 1998-2015; he resigned amid an investigation into corruption.
In his interview with Der Bund, Pieth said, "If we consider everything weve discussed, theres only one piece of advice for fans: Stay away from the USA! Youll see it better on TV anyway. And upon arrival, fans should expect that if they dont please the officials, theyll be put straight on the next flight home. If theyre lucky."

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Airlines continue to deal with delays after massive snowstorm


U.S. flight cancellations exceeded 5,200 on Monday in the early evening, as airlines continued to deal with winter storm Fern and its impact

Airlines continue to deal with delays after massive snowstormThe largest impact on Monday was in the Northeast, where Fern finally tailed off after dumping a foot to 18 inches of snow in the New York and Boston areas.
At Boston Logan Airport 61% of flights had been canceled for Monday by 11:30 a.m. local time, FlightAware data shows. And more than 40% of flights had been canceled at the three primary New York-area airports: JFK, Newark and LaGuardia. 
JetBlue, which is heavily focused on the Northeast, is the most impacted airline on Monday, having canceled 46% of its flights.

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