The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.
Category: Consumer Protection
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Insurers Pledge to Ease Controversial Prior Approvals for Medical Care
Major companies had faced mounting pressure to stop denying or stalling authorization of coverage for treatments and prescriptions.
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California Executives Sentenced for Continuing to Sell Dehumidifiers That Caught on Fire
The two executives received prison sentences for failing to report fire-prone dehumidifiers sold nationwide.
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BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports
More than 300 reports of the weight plates becoming dislodged have been filed, with more than 100 of those incidents resulting in injuries, the U.S. product safety agency said.
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Trump Bemoans How ‘HARD’ It Is to Strike a China Deal
Even the president appears to be doubting his strategy to win over Beijing, as relations fray between the trading partners.
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130,000 Igloo Coolers Recalled After Fingertip Amputations From Handle
The warning expands a recall of more than one million Igloo coolers in February, which was prompted by reports of fingertip injuries from the tow handle.
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More Than 400,000 Wireless Phone Chargers Are Recalled Over Fire Hazard
Casely, a company in Brooklyn, received 51 reports of lithium-ion batteries overheating, expanding or catching fire, resulting in six minor burn injuries.
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Losing Your Home Close to Retirement Age: What to Consider Before You Sell or Rebuild
Losing your home in a disaster when you’re at or near retirement age can derail your finances and jeopardize the funds you were counting on.
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Capital One and Discover Can Merge, Regulators Say
Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.
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The $5 Limit on Overdraft Fees May Soon Be Struck Down
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.
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Court Scraps $8 Limit on Credit Card Late Fees
The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.
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How Tariffs Could Cause Car Insurance Costs to Rise
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.