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April 2016

Recall of the Week: General Motors pickup trucks due to seat belt defects

Photo: order_242 General Motors is recalling more than 1 million pickup trucks. The seat belts in its 2014 and 2015 model-year Chevrolet Silverado and Sierra 1500 pickup trucks can fail. A flexible steel cable can wear out over time when the driver continually sits down, eventually causing the cable to... Read more →


It’s too difficult for patients to learn about doctor’s disciplinary records, Consumer Reports says

Thousands of doctors are currently practicing medicine while being on probation for issues ranging from sexual misconduct and drug addiction to unprofessional and dangerous treatment of patients. But it’s difficult and time-consuming for consumers to find out if their doctor is one of them, according to Consumer Reports. A survey... Read more →


Baby boomer bloggers write about cooking, travel, and country living

Carol Cassara of Heart•Mind•Soul is the host for this week’s Best of Boomer Blogs #445. Cassara likes to be organized, so she’s thinking about having houseguests this summer. Now, this can be a good or bad thing. She offers tips on what to do and not do when you’re a... Read more →


Five of eight big banks flunk ‘too-big-to-fail’ test

Two federal agencies have determined that the 2015 resolution plans of Bank of America, Bank of New York Mellon, JP Morgan Chase, State Street, and Wells Fargo aren’t credible or wouldn’t facilitate an orderly resolution if they filed for bankruptcy. The Dodd-Frank Wall Street reform law passed after the 2008... Read more →


Today is Equal Pay Day

On Equal Pay Day, President Barack Obama designated the Belmont-Paul Women’s Equality National Monument, a site that has been central to the fight for women's equality for over a century, as America's newest national monument. In a proclamation, Obama describes the history of the house: The house, located at 144... Read more →


Why won’t H&R Block give you an estimate on how much it charges to prepare your income taxes?

Because preparing my income taxes is a challenging chore for me, I thought I’d try having H&R Block help me this year. I’d tried the firm about 10 years ago when I had an unusually complicated return after my mom passed away. I remember I was disappointed with H&R Block.... Read more →


Goldman Sachs agrees to pay more than $5 billion for sale of risky mortgages

Photo: Quantumquark Goldman Sachs will pay $5.06 billion due to the bank’s deceptive practices leading up to the financial crisis of 2008. The settlement requires Goldman to pay $2.385 billion in a civil penalty and $1.8 billion in relief to consumers, including relief to underwater homeowners and distressed borrowers for... Read more →