Articles for Consumers

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
2 days, 19 hours ago

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

Associated Press  

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws. The CFPB claims that the banks violated federal consumer financial laws governing electric funds transfers, which require banks conduct “reasonable …

Fraud Network Lawsuit Banks Wells Fargo Jpmorgan Cfpb
Younger generations swap tradition for self-expression with holiday decorations
3 days, 3 hours ago

Younger generations swap tradition for self-expression with holiday decorations

Associated Press  

NEW YORK — Whether dressed in black, mimicking bare branches or decked out with enough bows for a Taylor Swift concert, the Christmas trees in some U.S. homes this year display an unconventional streak. It’s their own take on a season that’s all about warmth and joy, but with a thoroughly modern twist,” said Eric Goranson, an interior designer and …

Holiday Retail Trees Tree Pink Home Depot
Rising butter prices give European consumers and bakers a bad taste
3 days, 10 hours ago

Rising butter prices give European consumers and bakers a bad taste

Associated Press  

PARIS — Pastry chef Arnaud Delmontel rolls out dough for croissants and pains au chocolat that later emerge golden and fragrant from the oven in his Paris patisserie. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Some consumers decide where to shop based on the price of butter, which has led to price wars between …

Poland Prices Price 2024 French Share Paris
US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app
3 days, 15 hours ago

US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app

Al Jazeera  

Customers of the banks named in lawsuit lose more than $870m over the seven years since Zelle was introduced, the consumer watchdog says. The United States Consumer Financial Protection Bureau has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect consumers from alleged “widespread fraud” on the payments platform Zelle. “These banks broke …

Consumer Fraud Bank America Banks Consumers Wells Fargo
Noord-Holland may have lengthy power cuts in 2026 due to overload of the power grid
4 days, 15 hours ago

Noord-Holland may have lengthy power cuts in 2026 due to overload of the power grid

NL Times  

There is a possibility of lengthy power cuts in 2026 in parts of Noord-Holland if no extra measures are taken against the overload of the power grid, grid operators TenneT and Liander warn. They also predict in a new forecast that in many places in the province, there will be waiting lists for large electricity consumers, such as data centers, …

Electricity Power Grid Noord
Why it’s so hard to create a truly recyclable Keurig coffee pod
4 days, 15 hours ago

Why it’s so hard to create a truly recyclable Keurig coffee pod

Salon  

There's a Keurig machine in some 40 million households in the U.S. Single-serve coffee brewing systems — which allow consumers to make just one cup of coffee at a time by feeding a pod into a slot and pressing a button — have soared in popularity since the early 2000s. The company's single-use coffee pods — also known as K-cups …

Coffee Company Recycling Plastic Consumers Aluminum Cambio
U.S. Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
5 days, 8 hours ago

U.S. Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

The Hindu  

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards. The central bank’s policymakers may signal that they expect to reduce their key rate just two …

Inflation Trump Fed Cut Federal Reserve Key Rate
Lunch is in for Lunar New Year's Eve
Trending News
5 days, 15 hours ago

Lunch is in for Lunar New Year's Eve

China Daily  

A booking for lunch banquets on a Lunar New Year's Eve advertising board is presented outside a restaurant in Tianjin on Nov 21. Lunar New Year's Eve has for the first time been officially included in the Spring Festival break next year, making it an eight-day holiday from Jan 28 to Feb 4, and the extended holiday has boosted bookings …

Consumer Eve Chinese Lunch Lunar Chinese Consumers Bookings
Lunch is in for Lunar New Year's Eve
Trending News
5 days, 15 hours ago

Lunch is in for Lunar New Year's Eve

China Daily  

A booking for lunch banquets on a Lunar New Year's Eve advertising board is presented outside a restaurant in Tianjin on Nov 21. Lunar New Year's Eve has for the first time been officially included in the Spring Festival break next year, making it an eight-day holiday from Jan 28 to Feb 4, and the extended holiday has boosted bookings …

Consumer Eve Chinese Lunch Lunar Chinese Consumers Bookings
ACM warns of misleading home battery ads
5 days, 15 hours ago

ACM warns of misleading home battery ads

NL Times  

The Netherlands Authority for Consumers and Markets has issued a warning about misleading Interest in home batteries has been rising, particularly among homeowners with solar panels who see them as a way to avoid feed-in costs for surplus solar energy. However, ACM stresses that estimating the financial returns of a home battery is not straightforward. ACM also noted that the …

Battery Acm Home Batteries
Luxury Stocks Find China Solace to End Bad Year on Brighter Note
6 days, 9 hours ago

Luxury Stocks Find China Solace to End Bad Year on Brighter Note

Live Mint  

A December rebound in European luxury-goods stocks is easing the pain for investors after a year characterized by concerns over weakening demand in the key market of China. Another expected boon for luxury demand next year could come from the US, where Donald Trump’s plans to deregulate the economy and reduce taxes may provide a boost to spending. “A continuation …

Luxury China Stock European End Bad
Confused by 'best by' or 'use by' labels? The FDA wants your input to reduce food waste
6 days, 15 hours ago

Confused by 'best by' or 'use by' labels? The FDA wants your input to reduce food waste

NPR  

Confused by 'best by' or 'use by' labels? The FDA wants your input to reduce food waste toggle caption Dorisj/Getty Images The can of chickpeas in the pantry has a "best by" date that passed two weeks ago. "It's not only leading to food waste, but it's also causing people to waste a lot of money," says Emily Broad Leib, …

Food Food Waste Date Waste Usda Best Fda
Hidden ticket fees and vacation rental charges will be banned in America
Trending News
6 days, 15 hours ago

Hidden ticket fees and vacation rental charges will be banned in America

CNN  

CNN — The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday. “People deserve to know up-front what they’re being asked to pay — without worrying that they’ll later be saddled with mysterious fees that they haven’t budgeted for and can’t avoid,” said …

Trump Fees Biden Ticket Rule Final Ferguson
US families to bear brunt of new tariffs
Trending News
6 days, 15 hours ago

US families to bear brunt of new tariffs

China Daily  

Families in the United States could soon have to pay thousands of dollars more for furniture, clothes, cars, electronics and household items imported from China and other key trading partners if US President-elect Donald Trump follows through with a new round of tariffs, according to economists and trade organizations. Mary Lovely, professor emeritus of economics at the Maxwell School of …

China Trump China Daily Billion Tariffs Tariff Us Consumers
Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
6 days, 15 hours ago

Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well

LA Times  

The billionaire Elon Musk and the California venture capitalist Marc Andreessen have started a debate about the role of government that we should be having — but it might not go the way they would hope. Tech moguls might hold a grudge when justice is done, but the 118,101 LendUp customers who received more than $40 million of their money …

Consumer Musk Financial Protection Bureau Payday Lenders Consumer Financial Protection Bureau Andreessen
India’s Tata faces pressure in Starbucks joint venture as consumers cut back
1 week ago

India’s Tata faces pressure in Starbucks joint venture as consumers cut back

Live Mint  

By Praveen Paramasivam -India's Tata Consumer Products will push back plans for some new Starbucks store openings until later in its existing schedule as fewer customers are walking into its cafes in the world's most populous country, its top boss said on Monday. "We will calibrate for the short term — maybe instead of opening 100, we will open 80 …

India Tata Starbucks Tata Consumer Tata Starbucks
China retail sales slow as consumers hold back, while home prices fall
1 week ago

China retail sales slow as consumers hold back, while home prices fall

Associated Press  

BANGKOK — Chinese retail sales slowed in November and housing prices fell, the government said Monday, with demand still lackluster despite a flurry of stimulus measures over the past few months. “However, we must Retail sales rose 3% from a year earlier, down from October’s 4.8% increase and below the 3.5% annual rate in January-November. “China’s economy appears to have …

Economy China Sales Chinese Retail Sales
Most Dutch use reusable shopping bags
1 week ago

Most Dutch use reusable shopping bags

NL Times  

Single-use plastic bags may soon disappear from daily life in the Netherlands, according to a new survey conducted by Markteffect for Supporter van Schoon, an initiative by packaging company Verpact. The study, conducted among 1,033 respondents aged 18 and older, found that 86 percent of Dutch consumers use a reusable bag for grocery shopping. It’s fantastic to see more and …

Shopping Dutch Reusable Plastic Bags Reusable Bags Grocery Shopping Dutch Consumers
Tata Power urges Odisha electricity commission to allow smart meter installation under Capex
1 week ago

Tata Power urges Odisha electricity commission to allow smart meter installation under Capex

New Indian Express  

BHUBANESWAR: After facing strong resistance from electricity consumers over installation of smart meters, the Tata Power-managed distribution companies have urged the Odisha Electricity Regulatory Commission to consider their proposal for recovery of the cost of smart meters under capital expenditure plan. The plea of the distribution companies came in the wake of widespread protest from farmers and domestic consumers of …

Odisha Smart Meter Meters Tata Power Smart Meters Commission Oerc
Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts
1 week, 1 day ago

Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts

CNN  

CNN — Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics. BNPL payment plans especially influence shoppers who usually spend less and are more reliant on credit cards, said Dionysius Ang, a consumer researcher and associate professor at the University of Leeds in England. “The …

Gen Z Credit Pay Credit Cards Cnn Users Consumers
Beyond almond and oat: How pecan milk is shaking up the plant-based market
1 week, 1 day ago

Beyond almond and oat: How pecan milk is shaking up the plant-based market

Salon  

For decades, soy milk was the only widely available alternative for those seeking a non-dairy option. Enter Laura Shenkar, founder and CEO of PKN, the world’s first pecan milk brand. We’ve captured the attention of consumers because we are addressing a rare white space in consumer products — with a hero ingredient people always love to fill one of the …

Water Products Consumer Products California Need Consumers Almond
47-day OTS for power bill defaulters in U.P. from Dec 15
1 week, 2 days ago

47-day OTS for power bill defaulters in U.P. from Dec 15

Hindustan Times  

The “One-Time Settlement Scheme 2024-25” announced by the UP Power Corporation Ltd last month to benefit power consumers across the state will be come into effect from Sunday. Registration can be done at nearby division offices, customer service centres or online at www.uppcl.org. “The scheme, aims at offering relief on interest payable on delayed electricity payments, will run for 47 …

Pay Sum Consumers Uppcl
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Trending News
1 week, 3 days ago

Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees

Associated Press  

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden administration’s campaign to reduce junk fees that hit consumers on everyday purchases, including banking services. Under the finalized rule from the Consumer Financial Protection Bureau that was announced …

Consumer Fees Fee Banks Rule Cfpb Overdraft Fees
Mint Explainer: How rising palm oil prices impact India and its consumers
1 week, 3 days ago

Mint Explainer: How rising palm oil prices impact India and its consumers

Live Mint  

Investors were left reeling this week as Godrej Consumer Products issued a stark warning: soaring palm oil prices have severely impacted its soaps segment, a cornerstone of its business. This policy change came as global palm oil prices were already climbing due to supply constraints in Southeast Asia, creating a perfect storm for manufacturers. Read this | Edible oil, tea, …

India Consumer Oil Costs Prices Indonesia Higher