Consumer watchdogs issue early warnings to try to stop scammers from selling fake vaccines and other promises to consumers.
Author: Susan Tompor, Detroit Free Press
Withdrawing from your 401(k) is a last resort — but CARES Act makes it less risky
As the pandemic continued in 2020, some people tapped into their 401(k)s more than once this year to deal with emergencies. Why Dec. 30 is a key date.
Robbing $800
Amazon Prime scam
Beware of those gifts you see on social media ads. They may never arrive.
More consumers are complaining about losing money after responding to an ad on Facebook, Instagram, Snapchat, TikTok and Twitter, regulators say.
‘Guilt gifting’ is a thing in 2020 as we try to make up for a rough year
‘Guilt gifting’ is parked next to curbside pickup when it comes to hot holiday trends. About 40% of consumers plan to buy more gifts, NPD Group says.
COVID-19 vaccine could return US economy to near normal by end of 2021
The U.S. Economic Outlook, released Thursday by University of Michigan economists, calls for real gross domestic product to rise by 4.2% in 2021.
Be sure to check those PlayStation 5 prices and pet adoption details, they top the holiday scam list
Holiday shoppers warned to watch out for customer service scams, PlayStation bargains, and impostor web sites as they buy gifts online.
Refinancing boom continues in 2020 as rates remain low
Did you just get a second chance to refinance in 2020? The 30-year mortgage just fell to another record low, hitting 2.78%, according to Freddie Mac.
Uncertain outcome of Trump vs. Biden presidential election puts 401(k) savers on edge
Investors warned to prepare for volatile days for their 401(k) plans as the presidential election battle continues.
Banks look to new accounts to attract the unbanked as COVID-19 takes a toll
Roughly 7.1 million homes — or 5.4% of U.S. households — do not have checking or savings accounts, says a survey released Monday by bank regulators.