Word: swipes
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Americans are being forced to pay significantly higher swipe fees whenever they use their credit cards than any of their peers in the industrialized world, according to a report by the Merchants Payments Coalition...
...paid the same low credit- and debit-card swipe fees as consumers in Australia pay, then the net benefit for American consumers would have totaled $125 billion over the last four years," the report says...
Banks began charging interchange fees in the 1960s to cover the cost of processing credit-card transactions. "But even as technology has dropped that cost dramatically, banks and credit-card companies have pushed swipe fees higher and higher, turning it into a cash cow," the report notes. "For many businesses, swipe fees are now their single highest non-labor operating cost...
Security cameras and swipe access records showed that Le, a 24-year-old pharmacology student, last entered the lab building on Tuesday morning at 10 a.m. There was no record of her leaving the building...
...have more to do with a police officer being confronted by an angry and disrespectful person and turning disorderly-conduct laws into a "contempt of cop" law, as he puts it. "Frankly, I think having someone dropping the F-bomb is better than resisting arrest or taking a swipe at a police officer," Walczak says. "But what we're seeing too often is that police who are offended by a lack of respect, often manifested by profanity or cursing, will punish people for that." (Read Ta-Nehisi Coates on the Henry Louis Gates Jr. affair...