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Alphabet Inc. (GOOGL)

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At close: 04:00PM EST
98.37 -0.47 (-0.48%)
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  • Reuters

    Biden moves to slash U.S. credit card fees, app charges

    The White House on Wednesday was due to announce fresh efforts to slash credit card late fees and drive down the prices that Apple Inc and Google parent Alphabet Inc charge on mobile app stores, part of a larger policy drive to promote competition in consumer markets, officials said. President Joe Biden was also set to urge Congress to ban hidden "junk fees" and penalties that a federal consumer watchdog says are creeping into everyday retail services across industries, driving up consumer costs, including fees airlines charge for family members to sit next to young children, White House officials said. Biden has been beating the drum on inflation, criticizing Republicans who now control the House of Representatives for backing tax measures that he said would benefit the wealthy at the expense of middle-class taxpayers.

  • Bloomberg

    Snap Forecasts First Quarterly Revenue Decline; Shares Fall

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