Finances Feed

Corporate prosecutions dropped to a 25-year low during last year of Trump administration

Corporations escaped punishment at record levels during President Trump’s last year in office, when federal prosecutions of corporate criminals fell to just 94 – the lowest on record since the government started tracking corporate prosecution statistics in 1996, a Public Citizen report found. Read more →


Stop using three models of adult portable bed rails due to asphyxiation risk, safety agency warns

The U.S. Consumer Product Safety Commission is warning consumers to immediately stop using three models of adult portable bed rails manufactured by Bed Handles Inc. These models – AJ1, BA10W, and BA11W – can create an entrapment hazard and pose a risk of asphyxia to users. Read more →


Stop Food Waste Day is Wednesday

Food Tank, a think tank for food, and Compass Group are offering a virtual event to discuss food wastage on Stop Food Waste Day at 2 p.m. ET Wednesday. In the United States, up to 40 percent of the food that is produced every year is wasted. That’s an economic loss of $218 billion per year. 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 →


Debt collector and owner fined and banned from business for threatening consumers with legal action

The Consumer Financial Protection Bureau issued an order Tuesday against a debt collector and its owner for harassing thousands of consumers, falsely threatening them with legal action. The CFPB found that Yorba Capital Management and its former owner, Daniel Portilla Jr., violated federal law. Read more →


Sign up for my newsletter and get 10 money tips each week

This week, I wrote the 100th issue of my newsletter Helpful Money Tips for You. To celebrate, instead of offering my usual 10 tips, I offered 100. To sign up to get my free newsletter, go to http://eepurl.com/gkZ6JH. You'll get it in your email. Read more →