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August 2023

Too many real estate agents comes with costs for consumers and the industry, report says

Does it matter that there are too many residential real estate agents? Yes, says a consumer group. More than 1.5 million residential agents, including brokers, compete for home sales usually totaling 5 to 6 million annually. The plethora of real estate agents comes with costs, according to a study by the Consumer Federation of America, that include: Read more →


Corporations and trade groups lobby to reduce the effectiveness of the Inflation Reduction Act

The Inflation Reduction Act, signed into law a year ago, has many benefits for consumers. It began making corporations pay their fair share in taxes while investing more in helping the middle class such as creating good-paying jobs, combating corporate price gouging, slashing the deficit, lowering prescription drug costs, and reducing carbon pollution. Read more →


Experian to pay $650,000 for spamming consumers who signed up for accounts with marketing emails they couldn’t opt out of

It’s frustrating to receive dozens, even hundreds of emails every day. But what if there’s no “unsubscribe” link and the emails won’t stop? People who set up “Free Membership” accounts with Experian to manage access to their Experian credit report information online had that experience. Read more →


FDA allows use of toxic chemicals to continue to be used in food packaging

The Food and Drug Administration has decided that food manufacturers can keep using phthalates, a class of toxic chemicals, in food packaging and food production equipment. It disregarded requests from health and environmental advocates to reconsider that decision based on evidence that phthalates in food are harmful to health. Read more →


Private equity firms purchase of oil and gas drilling companies could cost taxpayers billions in cleanup costs, study says

Recently, I wrote about how private equity firms are buying health providers practices, including my gastroenterologist’s, and how they bleed money from the companies, then sell them for a big profit. In 2021, some of the top industries for private equity investment include healthcare, technology, and consumer products.  Read more →


Sensio recalls 860,000 pressure cookers due to burn hazards

Another big recall has been announced that deserves your attention. Sensio is recalling about 860,000 electric and stovetop pressure cookers. The pressure cooker’s lid can unlock and be removed during use, causing the hot contents to unexpectedly splash out, posing a burn hazard to consumers. Sensio has received 63 reports of incidents. Read more →


Warning: Don’t buy or use the La-La-Me infant lounger due to fall and suffocation risk

Another maker of inclined sleepers is refusing to recall its dangerous product. Stop using La-La-Me infant loungers because they don’t comply with federal safety standards for infant sleep products and pose a suffocation risk and fall hazard to infants, the CPSC warns. The lounger is an unsafe sleeping environment for infants. Read more →


With increasing use of personal care products by men, they – as well as women – need to check out whether the items they use contain harmful chemicals

It’s not surprising that men are succumbing to the same advertising on looking good that has enticed women to buy for decades. The average adult man in the U.S. uses 11 different personal care products every day, nearly twice as many as 20 years ago, according to a survey. The survey also showed that women use 13 products daily, up from 12 in 2004. Read more →


Drivers with good driving records and poor credit scores are charged much more for auto insurance, report shows

Consumers with poor credit pay hundreds or even thousands of dollars more every year for basic auto insurance coverage required by state laws, new report shows. On average, a consumer with poor credit has to pay twice as much for auto insurance as a driver with excellent credit, even if everything else, including their driving safety history, are the same. Read more →


USASF Servicing illegally disabled vehicles and double-billed consumers, financial agency charges

USASF Servicing is being charged with illegal practices that harmed consumers with auto loans including disabling vehicles, improperly repossessing vehicles, double-billing for insurance premiums, and failing to return millions in refunds, according to a lawsuit. The CFPB is seeking to return money to consumers, impose penalties, and stop future violations. Read more →