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FTC: Canceling your subscriptions just got easier

If youve ever tried to cancel a recurring subscription and found the process maddeningly difficult (which is usually by design), new rules are coming, and it should become a lot easier.

Today the Federal Trade Commission approved a final rule that aims to make canceling a subscription just as easy as it is to sign up for it in the first place.

The changes affect “negative option programs” that have a feature that “allows a seller to interpret a customer’s silence, or failure to take an affirmative action, as acceptance of an offer,” the new rule says. It takes effect in six months.

“Too often, businesses make people jump through endless hoops just to cancel a subscription. The FTC’s rule will end these tricks and traps, saving Americans time and money. Nobody should be stuck paying for a service they no longer want,” FTC Chair Lina Khan said in a press release announcing the changes.

The FTC said that it received thousands of consumer complaints about sneaky subscription tactics, citing that the agency received nearly 70 complaints on the topic per day on average in 2024 alone. Over 16,000 comments were submitted to the FTC’s request for public comment on the proposed change.

Companies offering subscriptions will also be prevented from:

  • Misrepresenting any details of an offer

  • Failing to disclose the terms before your payment info is collected

  • Failing to obtain your informed consent before charging you

  • Failing to offer a way to cancel thats as easy as the sign-up was and immediately halts charges

In June, the FTC sued Adobe for making it really hard to cancel subscriptions to the company’s Creative Cloud software. In addition to making it hard to find the controls for cancellation, the FTC took issue with hefty cancellation fees that it says were not disclosed clearly to consumers. In an unredacted complaint filed in the case, Adobe executives said such fees were “a bit like heroin for Adobe.”

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Big four airlines sink as Transportation Secretary Duffy says parts of US airspace could close if shutdown continues

The US may close parts of its airspace as early as next week if the government shutdown continues, according to comments made by Transportation Secretary Sean Duffy on Tuesday.

“If you bring us to a week from today, Democrats, you will see mass chaos. You will see mass flight delays. Youll see mass cancellations, and you may see us close certain parts of the airspace, because we just cannot manage it,” Duffy said at a news briefing on Tuesday.

The shutdown, which entered its 35th day on Tuesday, has fueled already problematic shortages of air traffic controllers. This week, airlines said 3.2 million passengers have faced delays or cancellations because of the shortages. Last week, about 13,000 air traffic controllers and 50,000 TSA agents received their first $0 paycheck amid the shutdown.

Shares of the big four US airlines all sank on Duffy’s comments, with United Airlines, American Airlines, and Delta Air Lines all down more than 5%.

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Jon Keegan

Trump’s deal offering top Nvidia chips to China was nixed at last minute, the WSJ reports

Nvidia’s CEO, Jensen Huang, really wants to sell the chipmakers most powerful Blackwell GPUs to China. He almost had his way.

According to a report from The Wall Street Journal, President Trump was ready to put Blackwell chips on the negotiating table for his meeting with Chinese President Xi to seek relief from Chinas decision to block crucial rare earth exports to the US.

But according to the report, Trump advisers presented a unified front and were able to dissuade him from giving up the most powerful chips to China at the last minute. Secretary of State Marco Rubio, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer were among those opposed to the chip deal. After the meeting, Trump said he did not talk with Xi about Nvidia’s “super duper” chips.

Reportedly those opposed to the deal cited national security concerns, as well as wanting to keep a competitive edge as China seeks to challenge the US’s current dominance of the AI industry.

But according to the report, Trump advisers presented a unified front and were able to dissuade him from giving up the most powerful chips to China at the last minute. Secretary of State Marco Rubio, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer were among those opposed to the chip deal. After the meeting, Trump said he did not talk with Xi about Nvidia’s “super duper” chips.

Reportedly those opposed to the deal cited national security concerns, as well as wanting to keep a competitive edge as China seeks to challenge the US’s current dominance of the AI industry.

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