The lucrative ticket reselling market, which some critics have labelled “legalised scalping”, is set to take a massive financial hit after the New South Wales government announced plans to cap the price of resold tickets at 10%. Hardest hit by the new rules will be Ticketmaster, the Australian subsidiary of […]
Optus has agreed to refund mobile customers after an ACCC investigation found that some were provided less data, calls and SMS than promised. The consumer watchdog on Monday reported finding three separate occasions over 2015 and 2016 when customers signed up for prepaid Optus mobile products based on inclusions mentioned […]
Belle Gibson, the disgraced health blogger and app developer who lied about having terminal brain cancer and built a business around her “wellness” advice, may be charged by Consumer Affairs Victoria with deceptive conduct. Gibson, then 23, became a regular on the celebrity wellness circuit for her “miraculous” recovery from […]
And it's getting worse.
[credit provider=”Wikimedia” url=”http://commons.wikimedia.org/wiki/File:Patricia_Cornwell_2011_b.jpg”] Best-selling crime writer Patricia Cornwell has walked away with a massive $51 million award in a lawsuit against her financial advisory firm.Cornwell accused New York-based Anchin, Block & Anchin LLP and its former principal, Evan Snapper, of losing tens of millions of dollars of her fortune just years after she […]
[credit provider=”Quora” url=”http://www.quora.com/What-are-some-examples-of-creative-new-Facebook-Profiles”] More than 11.6 million consumers reported identity theft in 2011, a 13 per cent jump over the year prior and a figure that’s likely to rise as we continue our love affair with digital banking. And now that tax season is well under way, this is prime hunting time […]
[credit provider=”Flickr via wackelijmrooster” url=”http://www.flickr.com/photos/wackelijmrooster/776793763/in/photostream/”] In the past few years, Americans have learned a thing or two about how quickly disaster can strike.And with each Hurricane Sandy, housing crisis, and stock market crash that rocks our world, we’re faced with the realisation that many of us simply aren’t prepared for […]
When it comes to placing blame on mortgage lenders, regulators, or consumers for 2008’s crippling housing crisis, it’s fair to say each played a role.
[credit provider=”Flickr via syauqee” url=”http://www.flickr.com/photos/syauqee/”] If you signed up for the American Express “Blue Sky” credit card within the last 9 years, you could be cashing in a refund check by springtime. The Consumer Financial Protection Bureau has ordered the credit giant to pay out $85 million to 250,000 customers for […]
[credit provider=”Flickr via gabriellacorrado” url=”http://www.flickr.com/photos/gabriellacorrado/7463588180/sizes/l/in/set-72157631179100860/”] Between crushing student debt and a staggering 13.9 per cent unemployment rate, there’s no denying the recession has been unkind to America’s young adults.Even so, we may be putting too much focus on the big picture when it comes to gauging how badly young people […]
[credit provider=”Flickr via salsaboy” url=”http://www.flickr.com/photos/salsaboy/”] Anyone can “make it in America,” but the question remains: at what cost? The median household income in the U.S. hovers right below $52,000, according to U.S. Census data.
If you’re looking for concrete evidence of the ever widening gap between America’s rich and poor, here’s a hint: check your area code.
[credit provider=”The Associated Press”] Capital One Financial Corp. will pay a total of $210 million to settle charges of deceptive marketing of credit card “add-on” products such as payment protection and credit monitoring.It was the first public enforcement case brought by the Consumer Financial Protection Bureau, established by the Dodd- […]
[credit provider=”WFTV” url=”http://www.wftv.com/news/news/local/3-women-accused-financially-exploiting-elderly-vol/nPjML/”] Three Florida women allegedly locked an 88-year-old man in his home while they bamboozled him out of $150,000.The accused mastermind of the plot, Belgica Rivera, was married to the victim, Angel Martinez, WFTV reports.
[credit provider=”Mouseprint.org (Screenshot)”] No, your eyes aren’t playing tricks on you at the grocery store––that box of cereal really is shrinking.It’s a phenomenon Edgar Dworsky, the consumer watchdog behind sites like ConsumerWorld.org and Mouseprint.org, calls “Downsizing”––products that are shrinking in size and not in asking price––and has been tracking since the early […]
[credit provider=”Flickr via kjcs” url=”http://www.flickr.com/photos/kjcs/6893264486/in/photostream/”] We’ve already been burned by dubious extra virgin olive oil and Chinese honey parading as American fare. Now lemon juice is the latest consumer product being taken to task by activists who say it doesn’t always live up to its label.
[credit provider=”Flickr via wwworks” url=”http://www.flickr.com/photos/wwworks/562666865/in/photostream/”] The dealnews staff published more than 6,000 deals last July, which we’ve analysed so that we can offer our readers a bit of advice while planning purchases this month.And it’s a particularly important month to do so, since a number of sales will appear to be better […]