Consumer Affairs

The Latest: Republicans back repeal of financial rule

Jul 25, 2017

House Republicans have passed legislation to undo a federal rule that let consumers join together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute

Uber's airport service in Madrid under attack from town hall

Jul 23, 2017

The city of Madrid has asked Spain's anti-trust watchdog to investigate whether Uber's new airport transport service violates fair competition laws

Apple to open data center in China with government ties

Jul 13, 2017

Apple will open a data center in mainland China with ties to the country's government in a move likely to raise concerns about the security of iCloud accounts that store personal information transferred from iPhones, iPads and Mac computers there

Federal regulator moves to mostly ban arbitration clauses

Jul 10, 2017

Federal financial consumer watchdog agency moves to broadly ban the use of so-called arbitration clauses from financial products, setting up for showdown between agency and hostile GOP-led Congress

Judges divided in hearing on consumer agency power

May 24, 2017

Federal appeals judges are divided as they hear arguments over whether the president should be able to more easily fire the head of the government's consumer finance watchdog agency

Conquer fear of credit cards now, reap benefits later

May 18, 2017

Fear of debt has many young Americans avoiding credit cards, consumer credit experts say, which is hampering their ability to build a credit history required for loan approvals

Delta tops in on-time flights, Spirit worst for complaints

May 16, 2017

Led by Delta, biggest US airlines score best for on-time flights; Spirit records worst complaint rate

UK consumer inflation rises to 3 ½-year high of 2.7 percent

May 16, 2017

Britain's statistics agency says consumer price inflation rose to 2.7 percent in April from 2.3 percent a month earlier, as the pound's drop since Britain's vote to leave the European Union continues to push up the cost of everyday goods

Regulators sue Ocwen Financial, say it mishandled mortgages

Apr 20, 2017

State and federal authorities are suing Ocwen Financial Corp., saying the mortgage servicing company botched the handling of millions of mortgage accounts

Italian court finds link between cell phone use and tumor

Apr 20, 2017

A longtime Telecom Italia employee has been awarded monthly social security payments after a court found that his brain tumor was caused by improper use of a company-issued cellphone

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