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Latest News15 Ways to Protect Your Money on Vacation Don't let a thief ruin your vacation. Follow these tips to keep your money secure. Mortgage Rates Drop Again The 30-year fixed-rate mortgage fell to 5.7 percent, according to Bankrate's weekly survey. Dirt-Cheap Loans on New Homes Homebuilders are offering discounted interest rates to lure buyers back into the market. Electric Cars Get a Boost The government has paid billions to Ford and Nissan, but tiny Tesla stands to benefit the most. National Credit Card Rate Averages Here are the average credit card rates from Bankrate's weekly survey. July 2, 2009 Congress Fumes Over Credit Card Rate Hikes Lawmakers feeling heat over lenders' actions. FCC Finally Begins To Tackle Big Agenda National broadband plan, DTV transition cleanup first on list. Keeping Your Pet Safe For July 4th Humane Society offers tips on animal safety. 5 Scams Spread Like a Virus Thieves operate even in a downturn; here are a few tips to avoid fraud when you need money the most. U.S. Swimming In Gasoline Supplies Market surprised by falling gasoline demand. Job Cuts Fall to 15-Month Low in June Unemployment may be leveling off. Man Sentenced In Payday Loan Swindle Investors inticed with big returns that didn't materialize. Buying a Home for Your Parents When shopping for mom and dad, weigh these options to decide if it's a second home or a rental. Recalls ... July 1, 2009 Banks Prepare for Assault on Obama's Proposed Financial Protection Agency Bankers usually have their way with Congress but this year may be different. FDA Panel Recommends Limits On Acetaminophen Active ingredient in Tylenol and prescription pain killers. 2009 Credit Card Study Results Bankrate surveyed 20 cards from the top issuers to see whose cards are the best deal. 2009 Credit Card Study: The Fine Print What's in the fine print? See which credit card issuer has the best -- and worst -- practices. Mortgage Applications Plunge Drop coincides with sharp rise in rates. Ohio Launches Foreclosure Rescue Crackdown Three firms charged with ripping off homeowners. FTC Says Calling Card Distributor Shortchanged Consumers Tests showed cards had fewer minutes than advertised. Fireworks-Related Injuries Decline CPSC urges Independence Day safety. Experts Offer Healthy Grilling Tips Don't let health go up in flames. Recalls ... June 30, 2009 Credit Cards Giving Consumers Heartburn Consumers at banks' mercy until new law takes effect. FDA Confirms E. coli in Nestle Cookie Dough Outbreak sickens 69 consumers in 29 states. Midas Faces Bait-and-Switch Charges in California Suit names 22 muffler shops probed by undercover investigators Home Prices Fall, But News Is Less Bad For Homeowners Housing market could be nearing bottom. In The Digital Age, Some Viewers Miss Analog TV Anger turns to resignation and sadness. Sprint Text Messaging Tax Suit Dropped Alleged improper taxes for users of network cards. Honda Insight Disappoints in Road Test Insight's fuel economy is one of its few highs. CDC Launches Obesity Website LEANWorks! aimed at obesity at work. Don't Give Out Credit Information In a Job Hunt Financial data is easy target for scammers. Massachusetts Puts Charity Telemarketers On Hold Consumers not told fundraisers were pros. Recalls ... June 29, 2009 Latest Chase Controversy Part of a Pattern Chase has a knack for infuriating its customers. Salmonella Scare Prompts Dairy Recall Impact potentially far-reaching. GM Vows To Honor Lemon Law Commitments Answers critics worried about consumers' rights. Banks Must Obey State Fair Housing Laws, Court Rules Scalia joins liberals in overturning "bizarre" rule. FTC Urged To Require Mileage Ratings In All Car Ads Consumer groups say consumers need more information. Study Links One In 25 Deaths To Alcohol U.S. trails Europe in alcohol-related death. Oil Prices Remain Weak Falling demand pushing prices down again. Final Fantasy Suit Alleges Hidden Fees, Penalties Gamer sues Square Enix on behalf of online players. Recalls ... June 28, 2009 Five More Banks Fail Nine Georgia banks have failed in 2009. JBS Swift Expands Beef Recall 380,000 pounds of beef may be contaminated with E. coli. June 27, 2009 How to Solve 5 Common Money Problems Experts offer advice for Americans dealing with unemployment, overspending, debt, foreclosure or wrecked retirement savings. Buying a New Car with Cash for Clunkers Dump your gas guzzler, get that new-car smell, save money and help the environment, all at once. Save on Electricity with Off-Peak Rates This month's Frugal Sense winner saves on electric costs by taking advantage of off-peak rates. June 26, 2009 Gas Prices Fall For Fifth Straight Day Nationwide average four cents lower than last week. Marketing Analysis Suggests Housing Bottom Direct mailing onslaught for products trails off. Consumer Spending, Saving, Both Rise Future trend may indicate higher savings. New Car Sales Show Improvement From May Uptick may indicate slow, steady market recovery. Is Cash for Clunkers Right for You? Before taking up Obama on Cash for Clunkers, decide if selling your car would bring more money. Feds Seize Alleged Seizure-Inducing Drugs FDA acts to prevent repeated drug quality problems. Chinese Purchase of Hummer in Doubt Chinese government opposes deal; no other buyers in sight. Snapple Lawsuit To Be Reinstated Alleges drink's claims of "all-natural" are deceptive. June 25, 2009 Chase Raises Minimum Payments On Credit Cards Consumers with low rate, high balance, caught in trap. Mortgage Rates Edge Up Slightly The 30-year fixed-rate mortgage moved to 5.80 percent, according to Bankrate's weekly survey. Obama Nominates Bush Official to Fill FCC Seat Appointee oversaw controversial DTV coupon program. Cut Your Own Interest Rates No help from the Fed? Follow these tips to make your money go further. Economic Trends Looking Better For Consumers Oil prices may have peaked, for now. Most Consumers Lack Confidence In Food Safety, Survey Says Skepticism grows in wake of recalls. FTC Chief Urges End To "Pay For Delay" Settlements cost consumers $3.5 billion annually. FDA Approves Generic 'Plan B' Pill Still prescription-only under 17. Recalls ... June 24, 2009 Obama Signs 'Cash for Clunkers' Bill Dealers, automakers see measure as 'cash on the hood'. States Challenge GM Sale Claim deal harms consumers, dealers. Feds Offer DTV Reception Advice Some tweaking may be necessary. Some Payday Lenders Operate Outside U.S. Law Firms affiliate with Indian tribes. Wireless Carriers Agree To $1.5 Million Cramming Settlement Some Florida subscribers to get refunds. Payday Lenders Resist APR Comparisons How much are you really paying for that loan? Light Menu Items Struggle Against Heavyweight Choices Mouth says healthy but stomach says otherwise. 70 Percent Of Spam Comes From China Domains are dirt cheap in China. June 23, 2009 Mayo Researchers Report Cancer Breakthrough Inoperable tumors almost disappear in three patients. Nestle Closing Cookie Dough Plant At Center of Recall Consumers urged not to eat raw cookie dough. Watch Out For Fake "Cash For Clunkers" Scams Hucksters prey on those trading in cars for vouchers. "Clear" Registered Travel Program Goes Dark Company abruptly shuts off service for frequent flyers. New York Shuts Down Debt Collection Ring Buffalo-based collectors allegedly used illegal tactics. TJ Maxx Settles Data Breach Charges Company will pay $9.75 million to 41 states. Online "Treasure Hunt" Can Be Costly Not affiliated with Google. What Can the Fed Do About Mortgage Rates? Will the Fed continue to target long-term interest rates at this week's meeting? Peer-To-Peer Sites Offer College Loans Four peer-to-peer lending sites offer loans for students and parents seeking college funding. Good Times, Bad Times for First-Time Buyers Buying a home was made very easy for first-timers several years ago. With prices at such low levels, are those loan packages still out there? Finding A Financial Planner Finding the right financial planner for you takes a little detective work and interviews with several advisers. 8 Ways To Find and Keep a Temporary Job In tough times, the path to a permanent job might be through temping. These tips can make it happen. Recalls ... June 22, 2009 People to People Settles Wrongful Death Lawsuit 16-year-old died in Tokyo after allegedly being refused medical attention. Health-Related Bankruptcies Up 50 Percent Older consumers particularly hard-hit. FDA Warns Consumers Against California Pistachio Brands Products linked to the previous recall by Setton Pistachio; May contain salmonella. Oil Prices Continue Their Retreat Bearish signs for oil market are bullish for consumers. Apple Sells One Millionth iPhone 3GS Sales pace equals last year's 3G. States Wants AIG Bonus Probe States want expanded federal investigation. Patients Not Being Notified of Abnormal Test Results Left in the dark? Unwelcome "Cell" Text Violated Federal Communications Laws Verdict a blow to texting telemarketers. Massachusetts Halts False Foreclosure "Rescue" Activity Firm claimed to be "non-profit." Liberty Tax Service Barred From Deceptive Ads Con artists prey on the faithful. J.D. Power Survey Finds American Cars Are Improving Quality in vehicles, not balance sheet. Con Artists Prey On The Faithful Growing number of churches victimized. FDIC Reins in Troubled Banks The FDIC is restricting some banks from paying high interest. Will it hurt savers? June 21, 2009 Victory for Autistic Children in Michigan Blue Cross ordered to pay for proven therapy. 7 Steps to Security after a Job Loss Take steps to ensure your financial survival during the tumultuous period following a job loss. 5 Rules for the Empty Home Next Door Ways to prevent a vacant home from damaging your community. June 19, 2009 FDA Agrees to Reconsider Request for NUTRO Records Consumer news site seeks agency's records on dog, cat food problems. Feds Warn Consumers Not to Eat Nestle Toll House Cookie Dough Refrigerated cookie dough may carry E. coli. What Consumers Should Do Today About CAFE Changes Any way you look at it, the cost of new cars will increase under new MPG rules. Gas Prices Up a Nickel In Last Week Pump prices are up 60 percent in 2009. CDC Finds Swine Flu Still Hanging Around Evidence H1N1 is going to summer camp. Mothers Cry Foul Over Baby-Gender Test Lawsuit alleges expensive test not foolproof after all. Matrixx Failed to Give FDA 800 Zicam Complaints Company claims it thought it was exempt from reporting requirement. Consumers Underestimate Calories, Sodium In Fast Food More unhealthy food harder to estimate FDIC Change Won't Crash Bank Accounts If and when FDIC insurance limits are reduced, it won't crash banks or wreck depositor accounts. Taxes Rule in Retirement Plan Choice Taxes determine whether or not a Roth IRA trumps a traditional 401(k) for retirement savings. New-car Tax Deduction Now in All 50 States The U.S. Treasury expands its tax deduction on new-car sales to states without a sales tax. What Fiat Brings to The New Chrysler Fiat will help to recast the ailing U.S. automaker with smaller, fuel-efficient cars. June 18, 2009 Senate Passes 'Cash For Clunkers' Bill Obama expected to sign auto stimulus package quickly. Tests Find 'Sky High' Zinc Levels in NUTRO Cat Food Test results provided to company; no response so far. Consumer Groups Back Obama Regulation Changes Applaud creation of consumer protection agency. EPA Declares Public Health Emergency In Montana Asbestos illnesses prompt first-ever declaration. Mortgage Rates Dip As Inflation Fears Ease Rate drop is first in three weeks. Consumers Feeling Better About Financial Security Fewer Americans say things are getting worse. Device Maker Charged With Unlawful Clinical Trials Alleged "conspiracy to impede the FDA." Mississippi Lawyers Falling For Fake Check Scam Hell hath no fury like a scammed attorney. New Bill Gives FTC Veto Power Over Broadband Caps Agency would oversee any attempt to shift to usage-based plans. House Committee Unanimously Passes Food Safety Bill Legislation would empower FDA to police food system. Senate Committee Investigates Cell Phone Contracts Hearings held on exclusivity in mobile market. Matrixx Initiatives Pulls Zicam Products Company disputes FDA warning about nasal remedies. Recalls ... June 17, 2009 Expedia Hit With Second Class Action Loss Company faces continuing litigation related to sales tax. Obama Proposes Massive Regulatory Overhaul New agency to take central role as financial watchdog. AT&T Relents On iPhone Upgrade Pricing — Sort Of Company will allow upgrades for users nearing end of contracts. Eddie Bauer Files For Chapter 11 Bankruptcy Protection Iconic Retailer Another Recession Victim. Abercrombie & Fitch Closing Ruehl Stores Company shutters brand due to recession. Who Wins, Who Loses in Today's Market? In this topsy-turvy real estate market who stands to win and who's fighting an uphill battle? 10 Ways To Keep Home And Love It Economy forcing you to stay put in your existing home? Here are expert tips on how to realize less can be more and to realize, "There's no place like home." Paying For Assisted Living Medicare doesn't cover the cost of long-term care, but there are several ways to help finance it. Low CD Rates Shouldn't Derail Savings A man with $500,000 to invest shouldn't let the money languish simply because CD rates are low. Recalls ... June 16, 2009 Nevada Couple Pleads Guilty to Distributing Melamine-Tainted Gluten Possible sentence of two years in prison, $200,000 fine. FDA Issues Warning About Zicam Cold Remedy Agency says products may deaden sense of smell. Turning The Tables On Big Tobacco Researchers find potential key to quitting smoking. House Panel Hears From Consumers Who Lost Insurance Speakers discuss inability to get coverage due to illness. Senate Committee To Investigate Cell Phone Contracts Hearing to be held on exclusivity in mobile market. FAA Vows Tougher Rules For Commuter Airlines Commuter crash in Buffalo highlights industry's problems. Major Breakthrough in Macular Degeneration Researchers find biological marker that could aid in treatment, prevention. Is Mobile Banking Safe? Banking by cell phone is gaining popularity. Here's what you need to know to be secure. Recalls ... June 15, 2009 Pet Owners Unsurprised by FDA Shutdown of Evanger's Many suspect agency investigating NUTRO as well. California Gas Tops $3 A Gallon--Again Oil prices slide below $70 even as nationwide average rises. Chinese Drywall Class Actions Consolidated Louisiana court to hear multidistrict proceeding. Eli Lilly Accused of Pushing Ineffective Dementia Drug Company knew Zyprexa was ineffective, suit charges. Recording Industry Faces Class Action Defendant in previous trial wants referendum on legal tactics. TV Switcheroo Leaves Millions with No Free TV Signals disappear as broadcasters move to new frequency band. Menu-Labeling Legislation Gains Support Restaurant industry endorses plan to list calorie counts. FDA Disputes Link Between ADHD Medications and Kids' Heart Problems Agency claims study doesn't change overall need to prescribe meds. FTC Fines Canadian Company $2 Million for Ad Scheme Company charged with selling listings in fake business, travel directories. Diabetes Drug Varies Widely In Price Research shows prescription costs differ from store to store. 6 Tips for Living with Boomerang Kids Living with boomerang children can be emotionally and financially challenging, but also rewarding. Don't Raid Retirement to Fund Mortgage It is foolish to raid a 401(k) and risk your retirement simply to land a mortgage for a home. June 12, 2009 'Cash For Clunkers' Bill Rolls On Congress hopes to jump-start consumer demand for new cars. Microsoft Settles With Mississippi For $100 Million State had accused software giant of anti-trust violations. FDA Warns of Bogus Insulin Stolen vials of Levemir being sold in the U.S. FDA Orders Evanger's To Stop Shipping Pet Food Agency suspends permit issued after earlier incidents. T-Mobile: No Hacking in Data Breach Company downplays appearance of info. June 12, 2009 Gas Price Rise Slows National average price hits $2.63 gallon. New Jersey Sues Travel Club Operators Attorney General targets companies for not providing discounts or rewards. Banks See Hard Times Even After Bailout Study finds TARP money infusion has had little effect. Blair Recalls Women's Robes Again After Deaths 162,000 robes recalled due to flammability. It's A New GM, But Will You Buy a Car? GM's incentives and government help may outweigh doubts about buying from the bankrupt automaker. 7 Ways To Save On Legal Advice You don't have to skip legal advice to conserve money. Check out these seven ways to save. A College Investment Plan for All Ages Earlier is better when it comes to saving for college, but even the best-laid plans can go awry. June 11, 2009 Swine Flu Officially a Pandemic WHO raises status of outbreak to highest level. Researchers: Pregnant Women Should Avoid BPA Exposure New study documents how BPA-related fertility defect can occur. Foreclosure Activity Still Strong Slower pace of defaults than April, according to industry report. Senate Approves Bill For FDA Tobacco Regulation Bill would force tobacco companies to disclose ingredients. Some Seniors to See Reduced Social Security Benefits New report claims Medicare costs will eat larger share of checks. DOT Inspector General Still Critical of FAA Says agency is missing key goals to do its job. Delta Reduces Capacity As Fuel Prices Rise Softened ticket demand due to swine flu also blamed. Mortgage Rates Hit 6-Month High The 30-year fixed rate vaulted again this week in Bankrate's survey. Debt Management vs. Settlement There are pros and cons to a firm managing or settling debt. Recalls ... June 10, 2009 U.S. Oil Supplies Fall As Prices Keep Rising National average well over $2.50 a gallon. Match.com Hit With Class Action Lawsuit Suit claims non-existent, expired profiles are fraudulent. Internet Publishers Caution Congress Well-meaning privacy restrictions could stifle free flow of information. House Passes "Cash For Clunkers" Bill Legislation would pay for trading in old gas-guzzlers. Massachusetts Settles Predatory Lending Charges For $10 Million Attorney General secures agreement not to foreclose on homeowners. New York Sues Foreclosure Rescue Companies Attorney General targets 14 operations for failure to fulfill bargains. Have Mortgage Rates Hit Bottom? Applications for loans stall as interest rates increase. FDA Issues Warning About Clarcon Skin Products Agency warns against hand sanitizers, skin protectants. Consumer Reports: Used-Car Histories Often Inaccurate How to spot a lemon before you're stuck with it. Recalls ... June 9, 2009 Supreme Court Okays Sale of Chrysler to Fiat Brief stay of sale voided. Credit Card Delinquencies Up 11 Percent More consumers falling farther behind in paying down debt. California Blocks Importation of Untreated Produce from India Attorney General targets company for not treating food against pests. iPhone Users Bristle At AT&T Upgrade Policy Confusing price structure has fans in revolt. Judge Rejects Lawsuits Claiming "Organic" Milk Is Fake Group charges factory farms gaming the organic system. T-Mobile Confirms Data Breach Hacker accessed records, company claims no data is at risk. Recession Cuts Into Wedding Extravaganzas Couples replacing big spending with 'can-do' attitude. Computer-Related Injuries Rising Physical harm from sharp equipment studied. Recalls ... June 8, 2009 Supreme Court Blocks Chrysler Sale Deal with Fiat postponed at last second. U.S. Prius Sales Drop 45 Percent Recession, lower gas prices put a chill on sales. Countdown to D-Day for DTV Nation gears up for final transition away from analog broadcasts. Wal-Mart Sued Over Sales Tax Plaintiffs claim retailer shorted them during returns. GM To Scrap Medium-Duty Trucks Division sacrificed as part of company restructuring. More House Democrats Back "Right To Repair" Bill Legislation would give independent repair shops same rights as dealers. 8 Freebies Builders May Give Away Home builders are hurting big time. That gives you a great chance to buy a brand new home and get a slew of extras thrown in. 10 Ways to Turn Off a Homebuyer Homeowners hoping to sell their homes in a tough market should avoid these 10 buyer turnoffs. Mortgage Broker Ordered To Pay $480,000 For Deception Massachusetts charged Florida broker deceived homebuyers. June 7, 2009 Mattel, Fisher-Price to Pay $2.3 Million Lead Paint Fine Companies recalled nearly 1 million Chinese-made toys in 2007. More Legal Challenges Against Chrysler Sale Bondholders, consumer groups challenging government-orchestrated bankruptcy. June 5, 2009 Goldman Sachs Raises Oil Outlooks As Gas Prices Surge National average gas price climbs to $2.59 per gallon. Penske Hopes to Drive Saturn Off GM's Lot Aura, Vue, Outlook all expected to remain in the line-up. E3 Takes Los Angeles By Storm Gamers flock to trade show for unveiling of latest offerings. Expedia Ordered to Reimburse Extra Tax Charged to Consumers Award is largest in Washington state history. Unemployment Rate Jumps To 9.4 Percent In May Numbers are bad, but not as bad as expected. IRS Considers License For Tax Preparers Government losing billions through fraud and incompetence. New Fuel Standard Could Raise Vehicle Cost The cost of a car could jump $1,300, depending on its actual fuel-efficiency and how much you drive. Potential Medical Taxes President Barack Obama asked Congress to once again focus on ways to overhaul America's health care system, including possible new taxes. California Arrests Two who Stole Millions Through Phony Stock Sale Ez2Win.biz claimed to be an online shopping hub. June 4, 2009 Harvard Study: 60% of Bankruptcies Caused by Health Problems Most victims are middle-class and have health insurance. New Chrysler Agrees To Honor Old Lemon Law Agreement follows bankruptcy court ruling, protests. Ex-Countrywide CEO Faces Fraud Charges SEC slams Mozilo for insider trading. Mortgage Rates Shoot Up The 30-year fixed-rate mortgage rose to 5.65 percent, according to Bankrate's weekly survey. Bill Banning Drug "Pay-For-Delay" Gets Hearing Legislation would prevent Big Pharma from delaying generic alternatives. Food Safety Bill Aired In House "Not a partisan issue," consumer groups tell Congress. FDA Seeks To Turn Over New Leaf Agency embarks on plan to open processes to public comment. Recalls ... June 3, 2009 Cat Owners Bristle at NUTRO Denials Cats sickened by recalled pet food; NUTRO denies responsibility. Consumer Groups Appeal Chrysler's Lemon Law Reprieve Chapter 11 bankruptcy leaves car owners out in the cold. Dumped GM, Chrysler Dealers Not Going Away Quietly Lobbyists put pressure on Congress, West Virginia goes to court. California Senate Votes to Ban BPA In Food Containers FDA still contends small amounts of the chemical are not harmful. U.S. Oil Supplies Up, and So Are Prices National average gas price climbs to $2.54 per gallon. 5 Economic Indicators to Watch Economic indicators are gauges of hope and despair. We explain what they mean and why they matter. Small Homes the New Big Thing Welcome to the new realty reality. Ostentation is passé. Size is so not cool. Real Estate Agent Takes On Banks Over Short Sales Banks say the right thing in public but often don't follow through. Feds Stop Cross-Border Directory Scam Canadian operation targeted small businesses, non-profits in U.S. Recalls ... June 2, 2009 The Hummer Lives to Fight Another Day Chinese buyer will retain U.S. dealers. Florida Smoker's Widow Awarded $30 Million Majority of award is for punitive damages. Feds Look at Tougher Foreclosure 'Rescue' Rules Desperate homeowners often victimized by con artists. Pending Home Sales Surge in April More signs of life in the housing market. Ford Reports Sharply Higher May Sales Last of the Big 3 standing shows big successes. Oklahoma Charges BP With Propane Price-Fixing Attorney General claims unfair and deceptive acts. Consumer Reports Gives Chevy Traverse High Marks Ranked third in midsized SUV ratings. Foreclosure Starts Hit 1 Million For the Year Mortgage delinquencies also at all-time high. Coping with Out-of-Pocket Health Care Costs Payment options ease the burden of high health care costs that are charged directly to consumers. Can't Sell? Do SOMETHING If you can't sell your home and it's eating you alive financially, you need something to generate cashflow. Try out these tips. Recalls ... June 1, 2009 GM Files for Bankruptcy; Chrysler Deal Gets Court Approval 'Government Motors' and New Chrysler must win consumers' confidence to survive. Consumers Remain Thrifty In April Slight rise in disposable income doesn't offset savings. Automakers in Overhaul, Close Car Dealers Customers could suffer, as they drive the old jalopy farther to reach the nearest showroom. Save Your Car Service Records If your dealer closes, you'll still need the car service history it stored for you. Bitter Pill: California Axes Poison Control Largest state in U.S. will have no poison control services. California Seeks To Register Foreclosure "Consultants" Attorney General wants database to protect against scam artists. Children May Be Impacted By Parents' Anxiety Disorder New research indicates condition may be hereditary, environmental. Video: Cell Phones Driving You To Distraction? Ringing bad enough, tunes even worse, researcher finds. Peak Fitness Blocked From Charging Advance Payments North Carolina Attorney General stops health club as lawsuit looms. Pressure to Look Attractive Linked to Fear of Rejection New study highlights "appearance-based rejection sensitivity" among college students. Recalls ... |
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