A court case brought by the Corner Post truck stop near Watford City, N.D., over debit card processing fees could have national implications. (Photo by Nicole Morton/For the North Dakota Monitor)WATFORD CITY, N.D. (North Dakota Monitor) — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack…
DETROIT LAKES, Minn. (KVRR) — The uncertainty of the future of the economy has many concerned on the impacts of what might be next for many businesses and people in the country. “The biggest concern is uncertainty about tariffs. We obviously export a lot to countries all around the world that would be affected if there are tariffs and other…
NEW YORK – Two trade groups representing businesses in North Dakota filed a lawsuit Thursday against the Federal Reserve, asking the agency to lower its 10-year-old cap on “swipe” fee banks charge to process debit card transactions. The lawsuit, filed by the North Dakota Retail Association and the North Dakota Petroleum Marketers Association in U.S. District Court, argues that the…
FARGO, ND – You may have noticed signs at your favorite fast food restaurants asking for exact change or a credit card, that’s because there is a coin shortage nationwide. The cause of the shortage: less coins in circulation due to COVID-19 related closures according to the Federal Reserve. One manager at a fast food restaurant we talked to said…
