Headline News Archive

2018

April

11

• Wells Fargo facing huge fine for mortgage lending, auto insurance problems. The Consumer Financial Protection Bureau is considering fining Wells Fargo & Co. hundreds of millions of dollars for its mortgage-lending and auto-insurance abuses — following…

• A house you can buy, but never own. In a contract for deed, the buyer purchases an agreement for the deed rather than buying the deed itself. The tenant has to fulfill the…

10

• Under Trump, a voice for the American consumer goes silent. In the 135 days since the Trump administration took control of the nation’s consumer watchdog agency, it has not recorded a single enforcement action against…

• Presentan en Francia la primera vivienda social impresa en 3D. Un grupo de investigadores dio a conocer la que dijo que es la primera vivienda social del mundo impresa en 3D, que desde junio será…

• Agricultores orgánicos buscan crear su propia certificación. Algunos agricultores orgánicos tradicionales en Estados Unidos se están rebelando contra los actuales estándares del gobierno para definir si un producto es orgánico _alegando que…

09

• A year after Dao, has anything changed for airline travelers?. In the year since a Kentucky doctor was violently dragged off a United Airlines flight after refusing to give up his seat, the number of…

• Millennials leave a trail of old 401(k)s. Have you forgotten or neglected a 401(k) with an old employer? You’re not alone.

• Unemployment isn’t fixed, and workers are still suffering. It takes just months for the labor market to fall apart but years to put it back together. A decade, even.

• The disappearing doctor: How mega-mergers are changing healthcare. Big corporations — giant retailers and health ins urancecompanies — are teaming up to become your doctor.

06

• CFPB urged states to take more control on student loans and financial matters (Chinese). 川普政府的消費者金融保護局(CFPB)放鬆管制，促使各州取而代之，對學生貸款服務、支薪日貸款和其他金融事務加強監督。

• 10 big retailers leaked customer's data in the past year, are you their customer? (Chinese). 從去年元月起到現在，發生至少十宗個資外洩案，其中多宗案件是由網路或商店的付款系統漏洞造成。KPMG會計師事務所的調查顯示，出現個資外洩後，19%的消費者會完全停止向出事零售商購物，33%則暫停購物很長一段時間。

• The tax cuts were supposed to help workers. Unions that represent about 6 million workers in the United States are urging companies to reveal how they’re spending tax-cut savings: On hiring and raises,…

• Red flags that your tax preparer is a fraud. The IRS routinely releases examples of cases of real-life investigations that have led to criminal prosecution and sentences for tax-prep fraud and abuse. The National…

• New FCC policy would be a ‘death sentence’ for Puerto Ricans. A new rule championed by Federal Communications Commission Chairman Ajit Pai would limit internet and phone access for millions of low-income and elderly Americans. 

• Being in a wedding is expensive. Bridesmaids and groomsmen save up. With wedding season approaching, it’s time to start saving your pennies. Attending nuptials for friends or family this year could put you out hundreds or even…

05

• Pastors' message wasn’t the gospel.They lobbied for payday loans. When state lawmakers voted on a payday loan bill this year, they heard from a group not normally associated with the financial industry: men of…

• Panera’s data breach puts attention on risks of loyalty programs. The records belonged to customers who had registered for the MyPanera program to order food online. The details exposed included their names, email and physical addresses, birthdays, and…

• Facebook:‘Malicious actors’ used its tools to discover identities, collect data. Facebook said Wednesday that “malicious actors” took advantage of search tools on its platform, making it possible for them to discover the identities and collect…

04

• Treasury proposes updates meant to boost lending in poor communities. The Treasury Department called on federal regulators to update a 1977 law meant to prevent mortgage discrimination and encourage banks to invest in struggling areas…

• Which country handles student debt best?. Although an American college degree remains a good investment on average — the higher earnings for most graduates justify the cost — millions of borrowers…

• Mortgage applicants beware IRS ‘tax transcript’ program's security. Federal auditors say the popular “tax transcript” program run by the Internal Revenue Service and used by millions of mortgage applicants a year lacks adequate…

• Mulvaney, Consumer Bureau’s chief, urges Congress to cripple agency. Mr. Mulvaney, a longtime and unapologetic critic of the financial crisis-era bureau, has spent the last several months freezing its enforcement activities, dropping cases on…

03

• Are airlines treating consumers fairly?. I often see complaints from consumers and travel agents alike that the way airlines treat their customers is unfair and getting worse. Lately, these concerns…

• Health savings account changes could trip up some consumers. Members of Congress have said they want to loosen rules for health savings accounts. Did they do it in the latest spending bill? Do people…

• What it was like to finally write my will. Did you know Prince died without a will? It’s true! All that money, and one of the greatest performers I ever saw onstage didn’t spend…