Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported net income of $56 billion in the first quarter of 2018, up $12.1 billion or 27.5 percent from a year ago. The Trump administration’s $1.5 trillion tax cuts and higher revenue are responsible for the record income,... Read more →

A congressional resolution signed by President Trump Monday overturned guidance issued by the Consumer Financial Protection Bureau in 2013 related to racial discrimination in auto lending. Republicans used the Congressional Review Act, a 1996 law that gives Congress extensive power to get rid of rules established by federal agencies. Republicans... Read more →

There are lots going on this week on the web from our demographic colleagues. Maybe these items aren't edgy or hip, says Tom Sightings of Sightings Over Sixty, but they’re reasonable and relevant. Article topics include how we treat others as part of thriving, jury service, cataract surgery, domestic violence... Read more →

Harbor Freight tools is recalling about 1.02 million 14-inch electric chainsaws. The power switch can malfunction and allow the chainsaw to continue operating after the operator moves the switch to the “off” position, posing a serious injury hazard to the operator. Harbor Freight Tools has received 15 reports of chainsaws... Read more →

Since the early days of recycling, I’ve been recycling plastic. Before curbside plastic recycling was offered, I volunteered at a weekly recycling program offered in a grocery store parking lot. We helped people sort their plastics into big plastic bags that the recycling company would haul away at the end... Read more →

The updates to the Nutrition Facts Label are being delayed for 18 months by the U.S. Food and Drug Administration. Consumers want the updated label – with the new line for added sugars, bolder presentation of calories, and more realistic serving sizes – sooner rather than later, a poll by... Read more →

Last night a strange thing happened. I’d just finished writing an article for my other blog, the Boomer Consumer, on the Seattle Post-Intelligencer website. It was about the kickoff for a series of events throughout Washington state on how to protect your digital identity. The phone rang and it was... Read more →

President Donald Trump announced his proposals Friday that he said would reduce the rapidly rising cost of prescription drugs in the United States. If passed into law by Congress, one proposal could change how drugs are bought and sold among drug companies, insurers, and industry middlemen. Other proposals could lower... Read more →

On Mother’s Day, I wrote about memories of my mom, then set about entertaining myself because I wasn’t able to be with my daughter in Madrid as is my usual May routine I managed to get a free meal, then bought an impulse item – a birdbath – because my... Read more →

More illnesses are being confirmed in an outbreak of Salmonella traced to eggs from Rose Acre Farms. The farm has now recalled more than 207 million eggs. Since the outbreak was announced on April 16, public health officials have reported a dozen more cases of Salmonella infection to the U.S.... Read more →