The rule capping credit history card late service fees at $8 is on hold — here’s what it means for you

The rule capping credit history card late service fees at is on hold — here’s what it means for you

Essential Factors

The U.S. banking sector gained a key victory in its effort and hard work to block the implementation of a Consumer Monetary Security Bureau rule that would’ve substantially constrained the fees that credit history card firms can demand for late payment.
A federal courtroom on late Friday accepted the industry’s past-minute legal work to pause the implementation of a regulation that was announced in March and set to go into outcome on Tuesday.
In his get, Choose Mark Pittman of the Northern District of Texas sided with plaintiffs like the U.S. Chamber of Commerce in their fit against the CFPB.

Resource

SoFi’s stock drops on .5 billion share sale announcement

Finance

SoFi’s stock drops on $1.5 billion share sale announcement

December 4, 2025

Key Points SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company’s market cap almost doubled so far in 2025. Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes. Source

Finance

Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more

December 4, 2025

Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]

Finance

Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more

December 4, 2025

Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]