• FEDS CLAIM 1-800 CONTACTS
    RESTRICTS COMPETITION FOR ONLINE ADS
    • The Federal Trade Commission has accused the country's largest online contact lens retailer of manipulating the market and hurting consumers by illegally restricting Internet advertising. The lawsuit claims this results in some people paying higher prices.


COLLEGE STUDENTS CAN NOW ACCESS FEDERAL AID WITHOUT HIGH CARD FEES
New federal rules protect students from aggressive and unfair marketing of banking products linked to their financial aid. The new regulations specifically prohibit colleges and universities from steering students to specific bank accounts.
 
FRONT-LOADER ODOR: STINKY WASHER CLASS ACTION LAWSUIT FINALLY SETTLED
After seven years of litigation, the case of the smelly washing machines – some Whirlpool, Maytag and Kenmore models made between 2001 and 2010 – is nearing an end with millions of people getting a little compensation for their aggravation.
 
OLYMPICS MAY CAUSE MASSIVE SECURITY & BANDWIDTH HEADACHES IN U.S.
Millions of Americans will watch the Summer Olympics at work. That will create a major opportunity for cyber criminals to attack corporate computer systems – and serious headaches for IT departments not ready to deal with the increased security challenges.
 
PHONE COMPANIES FINALLY PROMISE TO TACKLE ROBOCALL PROBLEM
The nation’s phone companies know their customers are being bombarded with annoying robocalls. Finally, after years of refusing to do anything about it, they’ve formed a “Strike Force to find solutions.
 
WE LOVE SOCIAL MEDIA, BUT LIKE FACEBOOK & TWITTER LESS
Americans are spending more time on social media, but are increasingly dissatisfied with the experience, a new survey shows. Although people are generally pleased with their overall online experience, Facebook and Twitter saw a marked decrease in satisfaction.
 
SOME MAKE BIG LIFESTYLE CHANGES TO DEAL WITH STUDENT LOAN DEBT
A new survey by Consumer Reports finds that some former students who are drowning in debt don’t think college was worth the price. They can’t buy a car or a house and are even putting off getting married.
 
HACK ALERT: HOW TO KEEP DIGITAL INFO SAFE AT THE OLYMPICS
Cyber criminals hope to score big at the Olympics by hacking visitor’s digital devices to steal account numbers, passwords and other sensitive information. People who follow the competition from home are also vulnerable.
 
ID THIEVES HIJACK MOBILE PHONE ACCOUNTS
Identity thieves have come up with another devious way to make money by pretending to be someone else. While a common criminal might try to snatch your smartphone for some quick cash, these clever crooks take over your wireless account.
 
AMERICA'S FAVORITES: TOP-RATED RESTAURANT CHAINS
A new survey shows that restaurants are doing a better job of providing higher-quality food and better service than they have in many years. As always, some are doing a better job than the rest. Which chains topped this year’s ratings?
 
FAKE GOLD & SILVER COINS FLOODING THE US MARKET
Counterfeit coins are getting so good that it’s often difficult to spot them. Get burned and you could lose a bundle and there’s probably no recourse. Here’s how to protect yourself.

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