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...report, released Thursday by a coalition of retailers, supermarkets, drugstores and other businesses, found that Americans currently pay about $2 in "interchange" fees for every $100 they spend using credit cards. The fee is actually paid by retailers, though consumers feel it in a higher retail price. This rate is twice that charged in the U.K. and New Zealand, four times the rate levied in Australia and more than six times the cross-border rate charged in the European Union, the study says. (Read a brief history of credit cards...
...report is the merchants' latest push to pressure the Federal Government into passing legislation aimed at either lowering interchange fees or at least allowing merchants to negotiate the rate directly with banks and credit-card networks. (Read "The Real Problem with Credit Cards: The Cardholders...
Many improvements, both large and small, can be found on campus these days. Following last year’s recycling efforts, which gave the university a 55 percent recycling rate that put it at the top of the Ivy League, the university is continuing to pursue numerous waste-reduction strategies. New on campus are the new solar-powered Big Belly trash and recycling compactors, which fill up far less quickly than non-compacting receptacles and reduce the incentive to litter that overflowing trash cans often provide. Recycling has also been incorporated at the Fly-By lunch station beneath Annenberg...
...rate, what we can say with confidence is that Deanna Frankowski was there. A cheery woman of 49 from Leeds, Ala., Frankowski said she had come to Washington as part of a group of 100 or more protesters. They filled two buses. And they were motivated by a concern about runaway government spending - that, plus an outraged feeling that their views as citizens are not being heard. "We are sick and tired of being ignored," she said. "There is too much money being spent...
...home in Buffalo, Johnson declined to discuss his tenure or the DOJ report he claimed not to have heard about. "There's the truth, and then there's God's truth, and I believe in the latter," he told TIME.) (Read "Do Early-Release Programs Raise the Crime Rate...