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April 2019

CFPB to become a financial literacy program under Trump rather than an enforcement agency

The Consumer Financial Protection Bureau should focus on financial literacy – empowering consumers to help themselves by choosing the best products and services to meet their needs, said the new director of the CFPB. The government can’t be everywhere, said Kathy Kraninger, in a talk she gave Wednesday prior to... Read more →

How to improve your finances during Financial Literacy Month

It’s a good time during April’s Financial Literacy Month to take a look at how you handle your finances. What is financial literacy? It’s knowing how to manage your personal finances. How are Americans doing with financial literacy? In a survey of 1,500 people, respondents estimated that lacking knowledge about... Read more →

April is Financial Literacy Month

Financial Literacy Month has been recognized in United States in April since 2003. Its purpose is to advance financial literacy through promoting and supporting effectiveness in financial education. Dozens of organizations offer activities during Financial Literacy Month to call attention to the need for financial literacy and the work they... Read more →

Baby boomers discuss techie and fuzzy topics

Tom Sightings of Sightings Over Sixty generally resists diving the world into parts – rich and poor, black and white, male and female. However, he believes in one distinction. It’s O.K. to divide the world into "fuzzy" and "techie." Fuzzy people study the humanities and social sciences and they read... Read more →

Rock ‘n Play baby sleepers recalled by Fisher-Price due to infant deaths

Fisher-Price recalled 4.7 million Rock ‘n Play baby sleepers on Friday. The Consumer Product Safety Commission said that Fisher-Price was recalling all models of the sleepers because more than 30 infants have died in Rock ‘n Play sleepers in the decade since they were introduced. The commission said some babies... Read more →

How is Trump’s tax act affecting you?

On Saturday afternoon, I mailed in my income taxes for 2018. Instead of getting a refund of around $1,000 like I do most years, my refund was $170. The TurboTax representative I spoke to said deductions that were helpful to me in the past, such as for my small business... Read more →

Consumer group asks federal agencies to stop the sale of contaminated poppy seeds

The U.S. Food and Drug Administration and the Drug Enforcement Administration need to crack down on the sale of contaminated poppy seeds and seed pods following the death of 12 Americans, the Center for Science in the Public Interest said. The center asked officials at the agencies to clarify that... Read more →

Snack box company settles FTC charges on incentives for positive reviews and phony ‘free’ offers

UrthBox Inc. has agreed to settle a Federal Trade Commission lawsuit alleging the company said customer reviews were independent when it provided customers with free products and other incentives to post positive reviews online. The order settling the lawsuit, which also alleges that UrthBox failed to disclose the terms of... Read more →