Bank fees, Apple fees and shipping fees
Jan 17, 2024

Bank fees, Apple fees and shipping fees

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We'll take a closer look at changes to overdraft charges, Apple App Store commissions and climbing shipping rates.

Segments From this episode

Junking the junk fees

Many of the nation’s biggest banks have now reported their fourth quarter results, and they’ve been mixed. One way banks have tried to boost their bottom lines is through fees, including overdraft fees. But a new Biden administration rule announced Wednesday morning would dramatically reduce those fees — saving consumers billions of dollars a year.

Taking a bite out of changes to Apple's App Store

If you have an app on Apple’s App Store, you gotta use Apple’s payment system, from which it takes a hefty commission: 30%. That has been a big part of a long running legal battle between Apple and Epic games, the maker of Fortnite; Epic has argued Apple is being monopolistic. David Nieborg, a professor at the University of Toronto, explains.

Shipping rates rise as Red Sea attacks continue

Jan 17, 2024
The attacks on ships by Houthi rebels are forcing expensive detours and more costly insurance for ships.
Roughly a third of global shipping usually passes through the Suez Canal and the Red Sea.
Sayed Hassan/Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
Nic Perez Director/Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC