Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery.
A passenger rights advocate accused Delta Air Lines Inc. in a federal lawsuit Tuesday of conspiring with a Virginia company to obtain hacked e-mails from her computer to help them derail her efforts to protect air travelers from lengthy tarmac delays and other inconveniences.
Consumers reduced their borrowing for the seventh straight month in August, as households worked to pay off debt and banks reduced credit card limits.
Delinquency rates for three key consumer loan categories hit record highs in the second quarter, according to data released Thursday by the American Bankers Association.
During the mortgage boom the Federal Reserve refused to regulate leading banks’ businesses wholly focused on making loans at high interest rates, largely in the black and Hispanic neighborhoods.
Consumers slashed their borrowing in July by the largest amount on record as job losses and uncertainty about the economic recovery prompted Americans to rein in their debt.
What we're buying — and not buying — says a lot about how consumers are feeling these days.
Feel like you’re working a lot harder for the same pay – or even less? A new round of government data indicates that you probably are. By msnbc.com's John W. Schoen.
Consumers paid down their credit cards and cut other debt in June for the fifth straight month as they rebuild savings battered by the recession.
Ross Stores Inc. and two other companies have agreed to pay a total of about $1.3 million in civil penalties for failure to report safety hazards promptly, government officials announced Wednesday.
Consumer loan delinquencies edged up to another record high in the first quarter, according to data released Tuesday by the American Bankers Association.
Of all the financial regulatory changes the Obama administration has proposed, one stands tallest as a threat to bank industry profits: the creation of an agency to protect consumers from risky products.
American consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to illegal late trading by mutual funds to the subprime mortgage meltdown.
New York's attorney general says consumers do not have to pay upfront fees to companies that promise help in staving off home foreclosures.
The federal Food and Drug Administration does not analyze the content of dietary supplements, which do not need proof of safety or effectiveness before they go on sale. Here are tips from the government on their use:
Borrowing by consumers fell by $15.7 billion in April as U.S. households continued to trim spending and put away their credit cards amid a severe recession.
Consumer borrowing plunged in March at the fastest pace in 18 years as Americans put away their credit cards and hoarded cash amid the worst recession in decades.
President Barack Obama is turning to South Carolina's former school superintendent to head an expanded Consumer Product Safety Commission, an embattled agency that has been criticized by advocates for being too cozy with industry.
Quarterly earnings reports from major U.S. consumer products makers Thursday show their revenue fell because of consumers' spending cuts and the stronger dollar. Some highlights:
Consumer borrowing plunged more than expected in February as Americans cut back their use of credit cards by a record amount.
Delinquencies among consumer loans continued to rise during the fourth quarter due to mounting job losses, according to new data released Thursday by the American Bankers Association.
Would you pay $38 for a cup of coffee? Clifford Phillips of Spokane, Wash., did. He used his debit card to pay for a latte, not knowing there wasn’t enough money in his checking account to cover it. The bank could have declined the transaction for insufficient funds. Instead it approved the electronic payment and dinged his account with a $34 overdraft fee.
Investors requested $4.7 billion worth of loans from a new government program that aims to jumpstart lending to consumers and small businesses, the Federal Reserve Bank of New York said Thursday.
The net worth of American households fell by the largest amount in more than a half-century of record keeping during the fourth quarter of last year, reflecting the blow families are taking from a plunging stock market and dwindling home prices.
The Kremlin has long been irritated by the way the United States dominates the Internet, all the way down to the ban on using Cyrillic for Web addresses — even kremlin.ru has to be demeaningly rendered in English.
Every moment there is talk of technological advancement,and every moment something new is coming which is a good sign if one talks about development in science and technology.But equally painful is how fast consumer durables items are getting obsolete with every alternative day l …
Like universal health care, every other industrialized country in the world already has a value-added tax (as do about 100 emerging countries).
Have your checkbooks and credit cards ready. There's a price for health care security — particularly for solid middle-class households, who wouldn't get much help with premiums.
An amendment to a bill currently being considered by the Senate would deny ordinary citizens doing vital investigations in the public interest the same legal protections as professional journalists.
Consumers spent significantly less at the start of the holiday season this weekend, dimming hopes for a retail comeback that would help propel the economy early in 2010.
Consumers who skipped the Black Friday deluge of deep discounting haven't necessarily missed out on all the best deals of the holiday season. But shoppers who hold out too long, thinking retailers will cave with major price cuts late in the game, may find themselves out of luck.
Hunters are donating more venison to strapped food banks as Ohio and other states offer financial aid aimed at managing high deer populations. It's a much-needed boost for pantries struggling to meet rising demand.
Industry analysts say some 77 million people will be out and about today, Black Friday. Some in search for deals, some because of the tradition, some because they're incurable insomniacs.
They've targeted gas-guzzling clunkers. They've blacklisted power-wasting light bulbs. Now the efficiency police are going after our big-screen TVs as a way to tame our household energy demons.
In addition to free airport Wi-Fi, Google has another gift to you this holiday season — aka this flu season. They've been working with the U.S. Department for Health and Human Services to develop a tool for locating flu shot providers near you, located at google.com/flushot.
An East Texas woman says she made a gruesome find in her bag of greens she bought at Wal-Mart. The woman says she found a dead frog that literally made her sick to her stomach.
This Christmas is not likely to be a merry one for most retailers. With consumer sentiment on the decline, consumer spending down, incomes flat, unemployment still rising, and a massive wave of foreclosures and loan defaults coming, who can blame them.
WASHINGTON -- Congress wants another government regulator to cut through the red tape and protect your pocketbook. But there's plenty of fine print that will limit the new agency's reach.
With the home mortgage crisis dragging along, consumer borrowing still lagging, and crises looming in other sectors like commercial real estate, Wall Street is desperate for a new product to kick-start securities markets.
Negotiating and haggling are regaining popularity. Even the most timid of consumers is starting to speak up to get the best deal.
Consumer advocates say a growing number of older homeowners and a new crop of eager lenders could steer the reverse mortgage industry down the same financial course that toppled the subprime mortgage market and left taxpayers footing the bill.
The Better Business Bureau is warning consumers about a company it says is submitting charges, in some cases months after the original purchases.
As far as consumer issues go, underwear is not a hot topic of debate. We just put them on in the morning and go. But when this Newsviner bought a pack of Fruit of the Loom, and they promptly started falling apart, she took action.
Gordon Robertson paid $2,706 for a ticket from Vancouver to Brisbane on Singapore Airlines. Little did he know that the ticket didn't come with something he — and indeed, most passengers — expect when they book a flight: frequent flier miles.
Treasury Secretary Timothy Geithner argued forcefully Wednesday for creating a government agency to protect financial consumers, while giving cautious support to paring back its scope.
A metro Detroit family said they found a black widow spider in grapes they purchased from a local grocery store.Albertos Pryor, his wife, Kimberly, and their three sons said they love munching on red grapes.
United Transportation Union (UTU) International President Mike Futhey said in a statement: "The selection by President Obama of Dan Elliot and [former UTU official] Joe Szabo to head major transportation regulatory agencies is tribute to the political influence of the UTU, which …