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Understanding the pros and cons of health overhaul

Maybe you've been reading the health care bill in your spare time. Then perhaps you can answer this question: Complete Story...

Consumers are changing, but are retailers?

The recession has dramatically changed many Americans’ shopaholic habits, at least temporarily and perhaps forever.

Obama steps up push for consumer protection agency

President Barack Obama fought to keep his proposed banking overhaul on track Friday, casting the political struggle ahead as one between big financial interests and average Americans victimized by complex or unscrupulous financial transactions.

Rough sailing ahead for recovery

The recession may be ending, but much of the economy remains badly battered by the worst downturn since the Great Depression. By msnbc.com's John W. Schoen.

As fees rise, airlines test flier limits

Hamstrung by the recession, most airlines are ramping up passenger fees for services once considered part of the ticket price. So far, fliers have not revolted.

Health care plan closes some but not all gaps

You're a 51-year-old single mother raising two kids and juggling a mortgage and a car loan. Because you're self-employed, getting health insurance has always been a problem. Under the new Senate plan, you still might have to stretch your budget to pay premiums even if the coverage is more secure.

FTC to ban most ‘robocalls’ Sept. 1

The FTC said that it is banning “robocalls” to consumers, unless the telemarketer has written permission from a customer that he or she wants to receive these calls.

Credit trends improve for most credit card issuers

Most major credit card companies say fewer customers defaulted on their accounts in July, but that doesn't necessarily mean they're financially better off.

Optimism about a recovery starting to fizzle

Some investors and market watchers say the stock market may have overestimated the prospects for an economic rebound — and share prices could be due for a big pullback.

Tips for borrowers dealing with loan servicers

Having trouble paying your mortgage? To find out if you qualify for a loan modification, you'll have to work with a loan servicer — the company that collects your mortgage payments.

Fed to update its consumer finance survey

The Federal Reserve is reaching out to Americans to get a more detailed picture of how the country's economic debacles have affected household finances.

Fed: consumer duties should stay at central bank

The Federal Reserve on Thursday attempted to snuff out a White House proposal that would remove some of its consumer oversight duties, arguing that the central bank's expertise would be difficult to rebuild elsewhere.

What will signal consumers are back? Check the spa

Dayne Morris eats out less, cooks at home more. He hunts for online bargains and shops at discount stores.

Obama ready for fight on financial overhaul

President Barack Obama said Saturday that current financial rules exploit consumers and he put critics of his proposed overhaul on notice: "While I'm not spoiling for a fight, I'm ready for one."

Beware the hidden agendas of 'experts'

There are a lot of differing opinions and advice from financial 'experts' about where stocks and the economy are headed. How do you tell who's right?

Answer Desk: A new ‘normal’

With the economy showing early signs of stabilizing, it's time to start wondering: What is the 'new normal' economy going to look like?

Falling prices could bring a nasty hangover

Call it one of the recession's silver linings — with each passing day, the purchasing power of each consumer dollar is getting stronger.

Oracle-Sun deal wouldn't change much for consumers

Oracle Corp.'s $7.4 billion acquisition of Sun Microsystems Inc. would have minimal impact on technologies that most consumers notice.

What's hot at the pawnshop

It's not your father's pawnshop anymore.

Mortgage rates likely to sink on Fed actions

If you've got a good job, solid credit and your home's value hasn't fallen dramatically, you're likely to benefit from the Federal Reserve's extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U.S. housing market.

Survey: Americans' low insurance IQ hurts finances

Americans are lacking in basic knowledge about insurance that might help their finances during the recession, according to a new survey.

Gov-Bank? Not quite

The U.S. government may be tightening its grip on the banking system, but don't expect it to change your branch's hours, tack fees onto your account or overhaul your bank's Web site.

Supermarkets urged to notify individual customers

Supermarkets should use their discount card programs that track customers' shopping habits to prevent illness by alerting people who have bought tainted foods, a leading consumer group urged Tuesday.

India, China can't compensate for lost US spending

They were supposed to keep the good times going: Prakash Shetty, caught recently thumbing through "Singh is King" DVDs at a mall in India, and Zhu Xiaolin, who enjoys cute Adidas sportswear and Body Shop cosmetics in China.

Economic downturn picking up speed

The latest economic data provide mounting evidence that the collapse of the housing market and turmoil in financial markets have tipped the U.S. economy into recession. The question now on the minds of consumers, business owners and politicians: How deep is it going to be, and how long is it going to last?

The Vine

Good Morning Wednesday, With a Smile

Oooooooowwwwwwww......1:30am, roll over, and feel my sciatic nerve spasm just below my left shoulder blade....2:30am, COLD, roll over again, pull, tug, yank a corner of comforter to cover the draft, the ugly little nerve in my back warns me again that it's had enough....3:30am, t …

Brighter signs in economy haven't boosted confidence or hiring
Source: CNN

(CNN) -- Despite some signs that the economy is on the mend, a lack of confidence from consumers and companies alike may hamper job growth during the next few months, economists say.

Best Buy Wishes Muslims Happy Eid al-Adha
Source: brandweek.com

The retailer got some flak this week for including, along with its circular advertising Thanksgiving Day sales, a note saying "Happy Eid Al-Adha," which refers to a holiday of sacrifice for followers of Islam on Nov. 27 this year.

Why Some People Go Green--and Others Don't
Source: yahoo.com

Why do some people love the Toyota Prius, but others couldn't care less about driving a hybrid vehicle? Why do some of your friends spend hours trying to reduce their carbon footprint, while others wonder what's the point of even recycling?

Are You Fed Up with Direct Marketing of Pharmaceuticals?

Nothing fancy here; just a short article and poll regarding direct to consumer marketing of pharmaceuticals. Don't know about you but it drives me crazy when I can't watch more than 15 minutes of T.V. without seeing a commercial for erectile dysfunction or depression.

Healthcare: So That's Why It's So Expensive
Source: Business Week

Economists have long believed that technology is the main reason that health-care costs are rising so rapidly. Now a young economics professor at the Massachusetts Institute of Technology is challenging the conventional wisdom.

Is Bank Of America Of Trying To Skirt The CARD Act With New Annual Fees?
Source: Consumerist

WalletBlog has accused Bank of America of breaking the spirit of its "no new fees" promise and of potentially breaking the law next year, after it announced it will introduce annual fees on some existing credit card accounts in 2010.

Consumer borrowing drops $14.8B in September
Source: Associated Press

WASHINGTON -- Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

Windows 7 tops Vista in early consumer sales by more than 200% -- latimes.com
Source: The L.A. Times

Aggressive pricing and relatively positive reviews are key factors. However, the discounts and specials may have may have crimped Microsoft's overall revenue from the product.

Credit-card rates up before new law
Source: Yahoo! News

Have you checked the interest rates on your credit cards lately? Odds are they're going way up.

Rep. Hensarling(R): Banks Ought To Trump Consumers: all of the time.
Source: Think Progress

Rep. Jeb Hensarling (R-TX) explained that he supported the amendment because the health of a financial institution "ought to trump" concerns regarding consumers, all of the time:

Pre-approved credit card with 79.9% APR?
Source: digitaljournal.com

For Gordon Hageman of San Diego, the Premier card offered by First Premier Bank came with a 79.9 percent APR. While it looks like an attempt to gouge the consumer, it is perfectly legal. Wine distributor Gordon Hageman thought "it was a mistake" reports NBC San Diego.

Slate Wants You To Pay More For iPhone Data
Source: Broadband DSLReports.com

Slate Wants You To Pay More For iPhone Data After blaming you for clogging AT&T's pipes

Deal set to lower credit card fees
Source: Stuff.co.nz

Retailers should save up to $80 million on credit card interchange fees over the next three years as a result of a deal between the Commerce Commission and big banks.

Ten Odd Economic Indicators: Hot Waitresses, Men's Underwear, Blacked-Out Football Games, and More
Source: curiousread.com

It's hard for the lay person to wrap one's brain around the rise or fall of GDP, new residential sales, money supply, and other traditional economic indicators.

The Economy is a Lie, Too
Source: CounterPunch.org

Americans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over.

The Economy Is A Lie, Too
Source: OpEdNews.Com Progressive

Americans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over.

Consumers Get Mad and Get Even - Online
Source: The Red Tape Chronicles

Justine Gabbard of Long Island had just been charged hundreds of dollars in overdraft fees by Bank of America -- for the second time -- and just couldn't take it anymore. So she sat down in front of her Web cam and got a few things off her chest.

Leading Senator Pushes New Plan to Oversee Banks
Source: The New York Times

The senior Senate Democrat shepherding legislation to overhaul the nation's financial system is planning to propose the merger of four bank agencies into one super-regulator, an idea that is significantly different from what President Obama envisions.

10 Things Warehouse Clubs Won't Tell You
Source: customsites.yahoo.com

1. "You paid your dues? Good, now get in line." More than 100 million Americans now shop in warehouse clubs including BJ's, Costco, or Sam's Club each year. That's 50 million more than in 2002.

Bank of America: Did Ken Lewis Lie to Shareholders?
Source: TIME

Bank of America CEO Kenneth Lewis may in for much more than a trip to the woodshed.

Retailers Ready for Fight on Credit-Card Fees
Source: TIME

Americans are being forced to pay significantly higher swipe fees whenever they use their credit cards than any of their peers in the industrialized world, according to a report by the Merchants Payments Coalition.The report, released Thursday by a coalition of retailers, superma …

Why Workers Dislike Unions
Source: But Now You Know

We're told that unions are the best thing since sliced bread, but most Americans avoid them as we would a porcupine who recently attacked a skunk's posterior...why is that? Here are some reasons...

Wal-Mart expands recall of DVD players to 4M
Source: msnbc.com

Wal-Mart is expanding a recall of Durabrand DVD players to now include more than 4 million devices, after the company said it received seven reports of the products overheating, leading to fires and property damage.

Bank of America ends arbitration of credit card disputes
Source: USA Today

The forced arbitration of credit card disputes has been abandoned by Bank of America after consumer pressure and publicity about the practice. The practice had become increasingly controversial until it came under fire from the public, regulators and Congress.

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