The Daily Consumer Radio Newscast
President Trump has signed a resolution, passed by Congress, overturning the Consumer Financial Protection Bureau's auto lending rule, designed to prevent racial discrimination by dealers who finance purchases. Republican opponents of the rule said it exceeded the agency's authority.
Fed up with the high price of cable, more consumers are switching to video-on-demand streaming services like Netflix and Hulu -- and cable TV providers are feeling the impact in the form of major subscriber losses. A new study says pay TV providers have lost more than three million subscribers since 2012.
The Supreme Court has ruled workers battling their employers over injuries, pay, and other workplace conditions can be barred from class action suits. The justices said requiring employees to sign forced arbitration agreements is legal.
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