Headline News Archive

2018

June

04

• New law will let consumers freeze credit files without charge. On May 24, President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act, which has received attention for loosening restrictions placed on banks…

• Deadline looms for consumer complaint database public weigh in. Should consumers, businesses, and others be able to read complaints people have shared about financial services companies? If you have an opinion, you have until…

01

• Why some patients getting drugmakers' help are paying more. Until recently payments by the drug company helped Kristen Catton save money on her medical out-of-pocket expenses, because they counted toward her family's $8,800 annual…

• With legislation stalled, DeVos moves to wield deregulatory power. The top Republican on the Senate Education Committee effectively killed all hope for a highly anticipated overhaul this year of the law governing the nation’s…

• Who should foot the bill on the first date?. “He looked at the check and sighed a few times,” my daughter said. “So I offered to pay.”  The guy quickly and happily accepted. He…

• First jobs matter: Avoiding the underemployment trap. This unprecedented analysis of 4 million unique résumés examines the scope and impact of underemployment on graduates in the years that follow college. It turns…

• Si estás endeudado es porque te crees rico y no lo eres. No lo decimos nosotros, sino un estudio ¿Comer afuera o cocinar? ¿Comprar un bolso o pagar la cuenta de energía? ¿Rentar o comprar? Todos los…

May

31

• Judge approves $142-million settlement over Wells Fargo accounts scandal. Wells Fargo & Co. customers who didn’t consent to having 3.5 million accounts created by bankers trying to hit sales quotas are finally getting what…

• Federal Reserve eases rule to prevent big banks from making risky bets. The changes will give big banks, including Goldman Sachs and JPMorgan Chase, a reprieve nearly a decade after risky trading was blamed for contributing to…

• Protección gratis frente a ladrones. El Congreso aprueba que no se cobre la congelación del crédito en los tres bureaus para proteger la identidad de los consumidores Después de que…

30

• What does average American get from Social Security?. The typical American receiving Social Security gets an average monthly benefit of $1,294, according to the Social Security Administration. But the benefit amounts can vary…

• Walmart offers to foot college tuition bills for U.S. employees. Walmart will fund college degrees for its U.S. workforce, the latest benefit rolled out by the nation’s largest private employer to reduce turnover and counter…

• Why Starbucks’s bias training, despite skepticism, is an important start. Starbucks temporarily shut 8,000 stores for four hours Tuesday afternoon to conduct racial bias training for its employees. It follows an incident in Philadelphia last…

• You’ll be able to freeze your credit for free — but that won’t end ID theft. Last week, a new law torched some of the banking rules that were put in place after the financial crisis to protect us. But also…

• Walmart dará a empleados ayuda para estudios universitarios. Walmart anunció el miércoles que ofrecerá a sus empleados acceso costeable a estudios universitarios. El mayor empleador privado en Estados Unidos, que previamente ha ayudado…

29

• Fontana man sent to prison for posing as an immigration officer (Chinese). (本報記者)網路世界中充斥著幽靈帳戶，更有許多人頂著假扮的身分在社交媒體上招搖撞騙；千萬不要覺得這樣的行為無傷大雅，日前一名芳坦納男子因為在其臉書上聲稱是美國移民和海關局（ICE）執法官員，導致去年10月遭到逮捕並被判兩年徒刑。

• The next privacy battle in Europe Is over this new law. The new European data privacy legislation is so stringent that it could kill off data-driven online services and chill innovations like driverless cars, tech industry…

• Your recycling gets recycled, right? Maybe, maybe not. Oregon is serious about recycling. Its residents are accustomed to dutifully separating milk cartons, yogurt containers, cereal boxes and kombucha bottles from their trash to…

• Los bancos adoptan tácticas militares para combatir los delitos cibernéticos. En un búnker sin ventanas, una pared de monitores desplegaba datos sobre los ataques (267.322 en las últimas 24 horas, es decir, unos tres ataques…

25

• Should grandparents open a 529 savings plan to help with college costs?. One way to assist is by contributing to a tax-advantaged 529 college-savings plan. Earnings in the account are tax-free if used for qualified expenses.  But…

• New privacy law makes Europe world’s leading tech watchdog. The notices are flooding people’s inboxes en masse, from large technology companies, including Facebook and Uber, and even from parent teacher associations, children’s soccer clubs…

• How student debt can ruin home buying dreams. Homeownership among Americans in their 20s and 30s is hovering near a three-decade low. Just 35 percent of households headed by someone younger than 35…

24

• Regulator urges banks to compete with payday lenders. A federal regulator encouraged banks to offer small, short-term loans to people in need of emergency cash.  The Office of the Comptroller of the Currency,…

• Seniors are paying more for generics though drug prices haven't increased. Here's a riddle about drug pricing to ask our healthcare administrators, including Health and Human Services Secretary Alex Azar: Since the prices of generic drugs…

• How to apply for the Public Service Loan Forgiveness fix-it fund. Two months ago, Congress set aside $350 million to help public servants who had spent years making student loan payments only to find that they…