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April 2015
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May 2015

Five big banks to pay $5.4 billion in fines for market manipulation

Five global banks have agreed to plead guilty to felony charges and pay $5.4 billion in fines. Citicorp, JPMorgan Chase, Barclays, and the Royal Bank of Scotland have agreed to plead guilty to conspiring to manipulate the price of U.S. dollars and euros exchanged in the foreign currency exchange, or... Read more →


Proposed U.S. Senate committee to review, eliminate government regulations could cause mischief

U.S. Senator Mike Rounds We see the headlines more and more often: 34 million cars outfitted with dangerously defective airbags have been recalled; passenger trains and oil trains have derailed, putting commuters and communities at risk; nail salon workers are being exposed to dangerous conditions and abusive employers. What these... Read more →


Scientists recommend throwing away nonstick cookware and products with waterproofing chemicals

More than 200 scientists signed the “Madrid Statement” recently calling for an end to the use of a class of chemicals called perfluorinated chemicals or PFCs or PFAs. The statement cites evidence that PFCs are linked to cancer, reproductive harm, and other health problems and that they don’t break down... Read more →


Baby boomer bloggers write about what’s up with older adults

I’m the host for this week’s Best of Boomer Blogs #404. As an older adult, I’ve been discriminated against – many times. How about you? On my blog, Brendan Hare, author of “From Working to Wisdom: The Adventures and Dreams of Older Americans,” writes that ageism stands as one of... Read more →


Recall of the Week: Honda, Nissan, and Toyota recall more cars with Takata airbags

Honda, Nissan, and Toyota are recalling millions more vehicles due to faulty airbags. If a crash occurs and front passenger's air bag is deployed, the inflator could rupture with metal fragments striking and possibly seriously injuring the passenger seat occupant or other occupants, the National Highway Traffic Safety Administration said.... Read more →


Some progress made in controlling foodborne infections, despite thousands of hospitalizations and hundreds killed last year

Thousands of people are hospitalized each year and hundreds killed by foodborne illness. Some progress is being made in combating the pathogens causing these illnesses, but more needs to be done to protect consumers. Salmonella was the most common bacteria causing foodborne illness in 2014 followed by Campylobacter. In 2014,... Read more →


Some checking accounts offering higher interest rates, but there’s a catch

I remember when financial institutions started offering interest on checking accounts. I was excited, but quickly became disappointed then all the interest I received was about $2 a year. A new survey shows that some financial institutions are offering higher interest rates now, but consumers are required to meet certain... Read more →


Verizon, Sprint to refund $120 million to consumers under mobile phone ‘cramming’ agreement

Sprint and Verizon will pay $120 million in refunds or credits to wireless customers who were illegally billed hundreds of millions of dollars in unauthorized third-party charges. The companies operated billing systems that allowed third parties to “cram” unauthorized charges on customers’ mobile-phone accounts and ignored complaints about the charges,... Read more →