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Money & Shopping

Beware of tax preparation company Mo Money Taxes, BBB says
February 8, 2012 1:30 PM

A number of Better Business Bureaus across the country are responding today to consumer complaints about Mo Money Taxes, a tax preparation company also known as MoneyCo USA. According to reports, Mo Money Taxes is not paying customers their refunds.

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T-Mobile's Valentine's Day sale: All smart phones for free—with a two-year contract
February 8, 2012 10:45 AM

Still struggling to find that perfect Valentine's Day present for your sweetheart? On Saturday Feb. 11, T-Mobile has a tempting offer for all you last-minute tech gift shoppers: The carrier's entire stable of 4G smart phones—and some tablet computers—will be offered with rebates that essentially eliminate the cost of the device. But is it a really good deal for shoppers?

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Daily electronics deals: Lenovo P950 headset
February 8, 2012 8:30 AM

Today's electronics deals, courtesy of The Consumerist:

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Savvy shoppers weigh in on the nation’s major chain stores
February 7, 2012 4:00 PM

We asked more than 26,000 readers to rate their shopping experiences, as well as tell us their top three reasons for why they shop at their walk-in store of choice. People tended to choose low prices over high quality, but responses varied by retailer.

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Seafood Solutions to pay $1 million for false labeling of fish
February 7, 2012 3:30 PM

Seafood Solutions, a California corporation, was sentenced in federal court to pay $1 million in fines and community service payments for its role in the false labeling of frozen fish fillets, the U.S. Department of Justice reported.

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The five most romantic geeky gifts for Valentine's Day
February 7, 2012 2:00 PM

Are you in love with a techie? Forget the flowers and candy. Here are five suggestions for sharing your love in a way they'll really appreciate.

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CR Index: Sentiment up, offset by spending and job lags
February 7, 2012 6:00 AM

February’s Consumer Reports Index, a measure of overall consumer financial health, showed that conditions have improved, but gains were uneven. Consumer sentiment is up; however, employment wavered and retail activity was lackluster in what is usually a light shopping month. The financial stress felt by those in households making less than $50,000, who make up about half of all adults, remains high.

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Rumor: Amazon opening a brick-and-mortar store
February 6, 2012 5:00 PM

Amazon is rumored to be planning a physical store to be located in Seattle, the online giant's home base, according to the website Good Ereader. And "Amazon sources close to the situation" have reported that we can expect this move to occur within the next few months.

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Mobile apps offering background checks may violate Fair Credit Reporting Act
February 6, 2012 2:30 PM

The Federal Trade Commission today warned marketers of six mobile applications that provide background-screening apps that they may be violating the Fair Credit Reporting Act.

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Medical device maker to pay $16.8 million penalty for bribery
February 6, 2012 1:30 PM

The medical device company Smith & Nephew has entered into a deferred prosecution agreement with the Department of Justice over payments it made that were in violation of the Foreign Corrupt Practices Act, the Department of Justice said today.

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New legislation jeopardizes $900 million in health insurance refunds
February 6, 2012 12:30 PM

A bill introduced in the Senate would jeopardize nearly $900 million in estimated health insurance refunds or lower premiums for consumers, says Consumers Union, the advocacy arm of Consumer Reports.

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New York Attorney General sues banks over electronic mortgage registration
February 3, 2012 5:00 PM

The New York Attorney General, Eric Schneiderman, has brought suit against several big banks accusing them of deceit and fraud in how they used a mortgage electronic registration system, or MERS. Schneiderman says the banks' actions put homeowners at a disadvantage during the foreclosure process.

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