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| July 20, 2018

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Apple to Stick With Cheaper Screens as Consumers Balk at iPhone X Price Tag

June 15, 2018 |

Apple is developing production plans for its next iPhones that stress cheaper liquid-crystal displays, in a sign of consumers’ sensitivity to the price of smartphones.
WSJ.com: US Business

Rising interest rates sounding alarm bells for debt-laden consumers

April 16, 2018 |

A healthy economy can be a dangerous thing.

Americans have a history of loading up on debt in good times, then paying dearly when the bills come due. Adding to the pain: A booming economy is often accompanied by rising interest rates, which make mortgages, credit cards and other debt much more…


L.A. Times – Business

Trump’s CFPB looks at credit cards and, absurdly, sees ‘a positive picture for consumers’

March 13, 2018 |

Unlike most people, Seal Beach resident Tom Hazelleaf took the time to read the contract when he recently received a new MasterCard.

The card, issued by Capital One, includes the benefit of being compensated “for losses you incur as a result of identity fraud,” which the agreement declares clearly…


L.A. Times – Business

John Stossel: Mr. Trump, if you raise tariffs on steel and aluminum, you punish consumers

March 7, 2018 |

No, President Trump, it’s not true that if you tax imported steel, we “will have protection for the first time in a long while.”
FOX News

Consumers can find low-cost checking despite Bank of America’s move

January 28, 2018 |

Bank of America has made headlines for dismantling eBanking, a checking account that made it easy for customers to avoid a monthly fee.

But consumers can still get low-cost checking accounts elsewhere, and these options are unlikely to disappear altogether.

What happened to eBanking

Bank of America…


L.A. Times – Business

From weed to wages, the new year ushers in new laws affecting consumers

January 2, 2018 |

Hundreds of new California laws took effect Monday with the beginning of the new year. For consumers, some are real standouts.

Let’s take a look, shall we?

Legal weed: The arrival of legal recreational marijuana is possibly the biggest change affecting the Golden State this year. Adults age 21…


L.A. Times – Business

What the Fed rate hike means for consumers

December 17, 2017 |

The Federal Reserve vote last week to increase a key interest rate by a quarter of a percentage point will eventually affect consumers, and the next step depends on which side of the saving-borrowing divide they stand.

The federal funds rate, the rate banks charge one another for overnight loans,…


L.A. Times – Business

Completely unnecessary spat over CFPB leaves consumers out in the cold

November 27, 2017 |

Don’t be distracted. The White House would have you believe that the battle for control of the Consumer Financial Protection Bureau is about the rightful exercise of presidential power.

It’s about screwing over consumers.

This latest completely unnecessary political crisis is the result of two…


L.A. Times – Business

Eurozone Businesses, Consumers Undeterred by Political Uncertainty

October 31, 2017 |

Businesses and households in the 19 countries that use the euro are more upbeat about their prospects than they have been for almost 17 years, a sign that the currency area’s economic recovery is set to continue at a robust pace despite renewed threats to its political stability.
WSJ.com: What’s News Europe

North Korean Workers Prep Seafood for US Consumers

October 5, 2017 |

Americans buying seafood for dinner may inadvertently have subsidized the North Korean government as it builds its nuclear weapons program, an AP investigation has found. Their purchases may also have supported forced labor. At a time when North Korea is banned from selling almost anything, the country is sending tens…
Newser