Scammers exploit Bitcoin ATMs. Will new California laws help crack down on fraud?
Jim Meduri answered a terrifying phone call in January from a man pretending to be his son. The caller, who sounded on the verge of…
Supreme Court skeptical of challenge to consumer bureau
WASHINGTON — The Supreme Court gave a mostly skeptical hearing Tuesday to payday lenders who are challenging the constitutionality of the Obama-era consumer protection agency. Most…
July PCE ticks up 0.2%, with consumer spending, income both on the rise
The U.S. Commerce Department said Thursday that PCE consumer spending increased $144.6 billion in July. The PCE price index showed inflation, excluding food and energy,…
Consumer sentiment moved ‘sideways,’ but is overall upbeat, University of Michigan says
Consumer sentiment in August changed little from July levels, though the final gauge from the University of Michigan showed this was second highest reading in…
Federal government launches National Anti-Scams Centre to tackle scams and raise consumer awareness
The federal government has deployed its first "hit squad" against scammers with the launch of the National Anti-Scams Centre (NASC).Key points:The National Anti-Scams Centre brings together experts…
New York Fed: Consumer expectations on short-term inflation hit two-year low
1/2 A survey from the New York Fed finds short-term expectations on consumer-level inflation are moderating. That could change later this week when the Fed…
Class action launched against AGL over alleged competition and consumer law breaches
AGL Energy Limited has been served with class action proceedings relating to part of its National Energy Market (NEM) operations.Key points:The class action has been launched…
Indonesia’s economy beats forecasts on consumer, gov’t spending | Business and Economy
GDP expands by 5.03 percent in the January-March period despite slowing exports. Indonesia’s economic growth held steady in the first quarter as improving consumption and government…
Why did I have to fly from London to Belfast to get a new UK passport? | Consumer affairs
Discovering you urgently need a new passport during a lengthy Passport Office strike is bad news. Normally you can apply for a fast-track passport that…
‘I was in tears’: Briton with valid passport barred from flight over Brexit rules | Consumer affairs
Travellers who have not used their passport for a while were this week being urged to dig it out and check it conforms to the…
US sues to stop JetBlue’s deal for Spirit, cites consumer harm | Business and Economy News
The US Department of Justice has filed a suit to stop JetBlue Airways Corp from buying Spirit Airlines Inc, saying the planned $3.8bn merger “will…
Supreme Court to decide fate of consumer protection bureau
WASHINGTON — The Supreme Court said Monday it would decide on the constitutionality of the Consumer Financial Protection Bureau, created in the wake of the 2008…
US consumer spending surges in January, inflation heats up | Business and Economy News
US consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial…
Free and cheap family activities to enjoy in the UK this half-term | Consumer affairs
Family days out can be expensive but it is possible to stick to a budget during the February half-term school holidays by taking advantage of…
US inflation and consumer spending cooled in December | Business and Economy News
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell – the latest evidence that the Fed’s series of interest rate…