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January 2018

Three European banks to pay $46.6 million for ‘spoofing’ and manipulation

© Raimond Spekking/CC BY-SA 4.0 via Wikimedia Commons Three banks and eight former traders, some of whom worked for the banks, are being charged following an investigation of manipulating precious metals futures market trading. In addition, eight people who allegedly took part in precious metals market manipulation were charged with... Read more →


Baby boomers examine their lives

For baby boomers this week, their articles are about self-examination. We are all human, and we all make mistakes, says Tom Sightings of Sightings Over Sixty in his blog roundup “Pobody’s Nerfect.” We procrastinate and rationalize our behavior and blame others for our own shortcomings, Sightings says. “We all have... Read more →


Hudson comforters by UGG recalled by Bed Bath & Beyond due to risk of mold exposure

Bed Bath & Beyond is recalling about 175,000 Hudson comforters by UGG in the United States and about 20 in Canada. The comforters may contain mold, posing a risk of respiratory or other infections in individuals with compromised immune systems, damaged lungs, or a mold allergy. No incidents have been... Read more →


Trump chooses former pharmacy CEO to head HHS

The U.S. Senate voted Wednesday to confirm Lilly USA president Alex Azar for secretary of U.S. Health and Human Services. His confirmation was opposed by consumer advocates and the public. A coalition of health care, consumer, and labor organizations delivered 300,000 petition signatures to Senate offices, asking that they investigate... Read more →


Opioid cessation products come under federal scrutiny

Warning letters were sent to the marketers and distributors of 11 opioid cessation products Wednesday for illegally marketing products with unproven claims about their ability to help in the treatment of opioid addiction and withdrawal. “Opioid addiction is a serious health epidemic that affects millions of Americans,” said Maureen K.... Read more →


Alert: Ingesting laundry detergent pods could severely injure or kill you

What should Tide PODs be used for? DOING LAUNDRY. Nothing else. Eating a Tide POD is a BAD IDEA, and we asked our friend @robgronkowski to help explain. pic.twitter.com/0JnFdhnsWZ — Tide (@tide) January 12, 2018 Since the first of the year, 68 teenagers from the ages of 13 to 19... Read more →


Baby boomers keep keeping on

Last week was a tough week for consumers, with Mick Mulvaney, the most right-wing conservative in the Trump administration, being appointed as temporary head of the Consumer Financial Protection Bureau. One of Mulvaney’s first actions was to announce that he would reconsider the recently finalized payday lending rule. I thought... Read more →