Consumer News

Topics:

Latest

  • Hercules recalling 90,000 SUV tires

    DETROIT (AP) — An Ohio company is recalling about 90,000 SUV tires because the tread can separate, causing a loss of air and increasing the risk of a crash. The recall covers certain 15- and…

  • Helping family and friends: The best ways to make gifts, loans

    WASHINGTON — At some point in your life, you may decide to give or loan money, a car or other property to a loved one and/or friend. Whether you want to make a gift or…

  • Nokia profit grows as networks division leads turnaround

    HELSINKI (AP) — Nokia enjoyed a solid 60 percent rise in net profit in the second quarter, with a good performance in its core networks division suggesting the Finnish company is succeeding in turning its…

  • US economy posts solid 2.3 percent growth rate in Q2

    WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for…

  • How to Waste Less Food and Money

    Do you ever find you’re throwing away uneaten or rotten food every week? You’re not alone; the government estimates food waste adds up to over $900 per household each year. Not only is it bad…

  • Average US rate on 30-year mortgage falls to 3.98 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year…

  • Bosnians protest against EU-recommended labor law

    SARAJEVO, Bosnia-Herzegovina (AP) — Amid the protests of thousands of workers, the Bosnian-Croat regional parliament on Thursday adopted a new labor law that aims to create a more business-friendly environment with the intention of creating…

  • P&G’s sales dip again on softer volume, exchange rates

    CINCINNATI (AP) — Procter & Gamble’s sales fell for the sixth straight quarter as the world’s bigger consumer goods company was weighed down by softer sales volume and unfavorable currency exchange rates. The maker of…

  • US home rental prices rise again in June

    WASHINGTON (AP) — U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. Real estate…

  • Applications for US jobless aid rise to still-low 267,000

    WASHINGTON (AP) — More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market. Applications for jobless aid rose…

  • US cuts estimates for economic growth over past 3 years

    WASHINGTON (AP) — The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments.…

  • Why Annuities May Earn Investors’ Respect Now

    Perhaps you’ve noticed that the word “annuity” sounds similar to “ennui.” Or you’ve been alarmed about the reputation surrounding certain types of annuities. Or you’ve tried to make sense of these products and felt all…

  • Renault profit rises in 1st half on European rebound

    PARIS (AP) — French carmaker Renault has reported a sharp rise in its first-half profit as the European car market rebounded strongly in the period. Renault on Thursday reported net profit of 1.4 billion euros…

  • How a Supermodel Inspired the Luxury Hermes Birkin Bag

    (NEW YORK) — Former supermodel Jane Birkin, who said she no longer wants to be associated with Hermès’ Birkin handbag, inspired the ultra-luxury product through a random encounter on a plane. Birkin said she doesn’t…

  • Update on the latest in business:

    FINANCIAL MARKETS Asian stocks higher after Fed leaves rates unchanged BEIJING (AP) — Chinese stocks gained today following this week’s turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged…