Today’s Senate Hearing Could Wipe Out Credit Card Rewards—And Threaten Economic Stability For Everyone

Nov 19 2024

Card, and interchange, are so woven into the fabric of the economy that it’s difficult to even predict the full extent of damage from redistributing money here not just from payment networks but also from consumers to retailers. That’s why Senator Durbin’s attempt to cap credit card swipe fees isn’t just bad policy, it’s literally insane.

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Free Wifi and Snacks For All? Spirit Airlines’ Bankruptcy Plan Feels Too Good To Be True (And Probably Is)

Nov 18 2024

With their bankruptcy filing, they’ve laid out the changes they believe are necessary to turn around the airline’s performance. And it’s taking further the notion that they need a different product to appeal to today’s consumers, especially in an environment of higher costs. They plan free wifi; free water and snacks for all; and improved customer service. They’re also planning improved upgrades for elite frequent flyers.

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Leaked: Delta’s ‘Distinctly Delta’ Overhaul Promises Big Upgrades To Premium Meals, Wines, And Service—Starting Right Away

Nov 18 2024

It sounds like they’re planning to address food and beverage deficiencies, though, in a really serious way. According to aviation watchdog JonNYC who has been sharing details on Twitter and on Bluesky, Delta is launching “pretty ambitious upgrades to several aspects of on board food and drink” along with servingware and service flow.

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