Top Consumer Reporters Share Their Top Stories
Oct 23 2014

Recalled and Unlabeled Drugs Found in OTC Supplements

Dietary supplements containing potentially dangerous prescription drug ingredients may still be for sale even years after safety recalls, a study found. In supplements bought online, researchers detected hidden steroids, similar ingredients to Viagra and Prozac and a weight loss drug linked with heart attacks. Here’s the story.

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Oct 23 2014

Text Spammers to Pay $10-mil to Settle FTC Charges

A series of defendants will pay approximately $10 million to the Federal Trade Commission to settle charges that they operated a massive scam that sent unwanted text messages to millions of consumers, many of whom later received illegal robocalls, phony “free” merchandise offers, and unauthorized charges crammed on their mobile phone bills. Here’s the story.

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Oct 22 2014

How to Make Your Savings Outlive You

The Wall Street Journal says you have to re-evaluate your retirement investments every year to see how much you can reasonably spend for the current year without jeopardizing your future stream of income from them. Here’s the story.

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Oct 22 2014

Hackers Break into Business Phone Systems and Rack Up Huge Bills

If you run a small business, you better watch out. It is not just retailers who get hacked these days. Small business telephone systems are vulnerable too. The crooks may break in over the weekend, and then call dollar-per-minute phone lines in foreign countries that they control and profit from. Here’s who it works.

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Oct 22 2014

Amazon Kindle “Voyage” Beats Hardcover Books

A New York Times review says that Amazon’s latest Kindle, the Voyage, is their best ever. Here’s the review.

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Oct 20 2014

Counterfeit Money: You May Have Recourse If You Get It

From Consumer Reports:

Counterfeit money is getting very sophisticated and often looks genuine to the untrained eye. If you get stuck with a counterfeit bill, you may not be out of luck according to this story.

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Oct 18 2014

Citi Cardholders to Get Free FICO Credit Scores

By January, if you have a Citibank credit card, you will be able to see your actual FICO credit score for free. Here’s the story.

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Oct 17 2014

Don’t Make it Easy for ID Thieves to Steal Your Identity

From Herb Weisbaum, NBCNews.com:

Do you have an unlocked mailbox? Is your cellphone accessible without a password? Have you left a wallet or laptop in your car? If so, you are, unfortunately, in good company will millions of other Americans. These are just some of the ways that we are making it easier for ID thieves to ply their trade. Here’s the story.

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Oct 17 2014

Amazon Expands Grocery Deliveries to East Coast

shopping cartThe Dodgers may have left Brooklyn decades ago, but Amazon is about to come in to offer same day grocery deliveries there. Here’s the story.

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Oct 16 2014

TX-AG Says Doctor Seen on “The View” is a Fake

From Mitch Lipka, DailyFinance.com:

A person representing himself as a doctor, who has been seen on the View and other television programs, is being sued by the Texas Attorney General who alleges the man is a fake. Here’s the story.

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Oct 15 2014

Ask Stacy: Why Should I Wait Until Age 70 to Collect Social Security?

Many money experts, including me, often say to wait till the last possible minute to start taking Social Security. Why are we trying to keep people from having a nice life? Read the story here.

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Oct 15 2014

5 Biggest Mistakes When Enrolling in Medicare

The National Council on Aging says that many boomers make critical mistakes when signing up for Medicare. For example, they may confuse Medicare supplement plans with Medicare advantage plans. Here’s the story.

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Oct 14 2014

Selling Your Frequent Flier Miles is Risky

From Jim Donovan, KYW-TV:

Consumers who have racked up thousands of extra frequent flier miles may be tempted by offers to sell them. You better be careful, however, since transferring miles like that may be against airline rules. Here’s the story.

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Oct 14 2014

CA-AG Settles with Aaron’s Over Deceptive Practices

The California attorney general just settled a case against Aaron’s — the second largest rent-to-own company in the U.S. The company will have to pay $25 million back to consumers. The complaint alleged that Aaron’s charged improper late fees, overcharged customers who paid off contracts early, and omitted important contract disclosures. Here’s the story.

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Oct 14 2014

Kroger to Remove Misleading Claim from “Simple Truth” Chicken Packages

The “simple truth” is that Kroger’s chickens are not caged, just like any other chicken brand, and therefore it is not unique. So, as a result of a court settlement, the company will remove that claim from its packages.

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