• DEALDASH PENNY AUCTION SUED
    FOR RUNNING 'PERVERSE LOTTERIES'
    • DealDash, one of the largest and best known "penny auction" websites, is being sued by a former customer who feels he was misled by the site. DealDash is also accused of operating an “illegal gambling site” and using a “widespread deceptive marketing campaign to lure customers” to the site, according to the advertising watchdog group Truth in Advertising.

  • FREE WI-FI DOESN’T MEAN SAFE WI-FI
    AND NEITHER DOES HAVING THE PASSWORD
    • Most people who rely on public Wi-Fi to get online are willing to sacrifice security for access — ignoring or unaware of the risk from hackers, according to a new survey by the digital security company Norton by Symantec. Nine out of 10 Americans have potentially put their personal information at risk doing this.

U.S. GOVERNMENT & BANK WEBSITES FLUNK NEW SECURITY AND PRIVACY TEST
The non-profit Online Trust Alliance anonymously audited more than 1,000 websites for their site security, email security and privacy practices. Websites run by the country’s largest banks and the U.S. federal government scored the poorest in this audit.
 
FAST FOOD PLACES BEAT OUT FULL-SERVICE RESTAURANTS FOR CUSTOMER SATISFACTION
America’s preference for where to eat when dining out is undergoing some dramatic changes. Satisfaction with full-service restaurants is now at its lowest point in more than 10 years, according to a new national survey.
 
SURPRISE! MILLENIALS ARE POWERING THE HOUSING MARKET
Millennials are growing up, settling down and looking to buy a house – for the extra room and the investment opportunity. In fact, millennials were the largest group of home buyers (34 percent) for the fourth consecutive year in 2016.
 
THE COST OF BORROWING FOR COLLEGE IS ABOUT TO GO UP
Students who need to borrow from the federal government to pay for college this fall will get hit with significantly higher interest rates. And the financial burden on lower-income students could increase even more if Congress approves the president’s plan to eliminate subsidized student loans.
 
SURVEY: MANY AMERICANS ARE STILL TOTALLY CONFUSED ABOUT CREDIT SCORES
When it comes to credit, most Americans know that a good credit score is important and a bad score can stop them from getting a credit card or qualifying for a loan. But after that, there’s a great deal of confusion and misinformation.
 
SHOULD YOU RENT SOMEONE ELSE'S PLACE WHEN YOU GO ON VACATION?
More and more holiday travelers are choosing to rent a house or apartment from the owner, rather than book a hotel room. And in most cases, those who go this non-traditional route are happy they did, according to a new survey by Consumer Reports.
 
WHY REPUBLICANS IN CONGRESS WANT TO DECLAW AMERICA'S CONSUMER WATCHDOG
The Financial CHOICE Act, which just passed the House, aims to dismantle the powers of the Consumer Financial Protection Bureau, the independent watchdog agency that protects consumers and investors and has saved Americans almost $12 billion since it was created six years ago.
 
CYBERCRIME 'HIT THE BIG TIME' IN 2016, ACCORDING TO NEW STUDY
Cybercriminals had a very good year in 2016 – and we all paid the price. These digital bandits became more ambitious and more creative and that resulted in a year marked by "extraordinary attacks," according to a new report from Symantec.
 
U.S. AIRLINES SCORE HIGHER FOR CUSTOMER SATISFACTION
This may come as a surprise in light of recent events, but a new survey finds that the nation’s airlines did a better job of making customers happy this past year. Once again this year, two discount carriers had the highest overall scores.
 
IRS HIRES PRIVATE COLLECTORS TO CHASE DOWN OLD TAX DEBT
The U.S. Postal Service has found a way to give snail mail a digital twist. It’s a free new service, Informed Delivery, that shows you the letters and cards that will be in your mailbox later that day.

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