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Safety agency urges vacation rental platforms to require owners to disable residential elevators until they can be inspected

After another death of a young child in a residential elevator, the CPSC Tuesday asked vacation rental platforms, AirBnB, Vrbo, and others, to take steps immediately to protect consumers. Small children can be crushed to death in a gap that may exist between the doors. Read more →


Biden signs sweeping order aimed at reining in corporate power

President Joe Biden signed an executive order Friday on promoting competition in the American economy. It launches a government effort to combat growing market power in the U.S. economy by seeking to ensure that markets are competitive. Read more →


Stop using Maxtrade’s Coolster youth ATVs due to crash hazard and failure to meet safety standard, CPSC and company advise

The U.S. Consumer Product Safety Commission and Maxtrade are warning consumers to immediately stop using Maxtrade’s Coolster youth ATV-3050-C and ATV-3050-B models to avoid serious injury or death. These youth ATVs don’t meet CPSC’s mandatory safety standards. Read more →


Always be on the alert for credit card scams

First, I received emails from my credit union that $1,500 then $2,300 were possible fraudulent charges. I called and sure enough, a scammer from Sweden was trying to charge those amount to my credit card. The credit union flagged the fraudulent charges, and the money was never charged to me. Read more →


Consumer Reports recommendations on specific products to be easily available to consumers before they buy autos, other products in new program

Consumer Reports is launching CR Recommended, a program to bring Consumer Reports recommendations easily to consumers before they buy autos and other products. When consumers shop online, at a dealership, or in a store, they’ll see a “CR Recommended” mark for products. Read more →


How to avoid coronavirus scams

Scammers are taking advantage of the coronavirus pandemic to steal money from people. During these chaotic times, knowing about possible scams is the first step toward preventing them. Scammers are inventing new schemes as well as repurposing old ones. Be alert as you go about your covid daily lives. Read more →


Watch out for multilevel marketing schemes

When I was writing my weekly Helpful Money Tips for You newsletter (see Newsletter heading above to subscribe), I ran across an article by a women who was upset because a new coffee shop in her area turned out to be secret “nutrition club,” a recruiting tool for Herbalife. Read more →


Watch out for scams related to your next stimulus payment

It’s started already. The scammers are changing their pitches to include stimulus payments. The call yesterday said, due to the soon to be sent stimulus payments, credit card companies were lowering their interest rate. I could press No. 1 to get more information. What? As usual, I hung up quickly. Read more →