A new law signed by the president yesterday gives the Food and Drug Administration the ability to regulate the tobacco industry. The primary focus of the law is to stop cigarette companies from aggressively marketing to children.
To that end, it will soon be illegal to:
sell candy-flavored and fruit-flavored cigarettes
put tobacco company logos on sporting, athletic ... Continue reading this article…
It is in any consumer’s best interest to try to get the lowest price on all purchases, yet haggling, negotiating, or bargaining, at least in my culture, is not a social norm. Other than in specific situations such as buying a car that is not a “non-negotiable” brand like Saturn or Scion, haggling is uncommon. ... Continue reading this article…
Editor’s note: The program which was once suspended is still available through Labor Day, 2009.
Yesterday the U.S. Senate passed a War funding appropriations bill that paradoxically included a piece of legislation popularly referred to as the “Cash for Clunkers” program.
In an earlier article where Flexo pointed out the weirdness of including “guns in national parks” ... Continue reading this article…
According to a new study, employees who use iPhones are statistically wealthier, younger, and more productive at work that their counterparts who use other smartphones. 32,000 people were surveyed and placed into categories based on the type of mobile phone they own.
They were then evaluated based on income, the cost of their monthly cell phone ... Continue reading this article…
The Cool Surge portable air conditioner claims, in full-page newspaper advertisements that look like newspaper articles, to reduce the temperature of an average room by “up to ten degrees” using as much energy as a 60-watt lightbulb. Other air conditioners often use 500 watts or more, so it sounds like this device might be ... Continue reading this article…
After General Motors’ bankruptcy, there is no question that the automobile industry will change significantly. With less competition and higher costs of production, prices will increase. It will be more difficult and more expensive to find parts and service for some vehicles. The selection of vehicles will be more limited.
Perhaps more brands will opt to ... Continue reading this article…
The economy is not out of the woods yet. Companies are still laying off employees; the automotive industry is just getting started. For many families, the pressure is on to find ways and make decisions to save more money in order to prevent going into or going deeper into debt.
The situation presents a good opportunity ... Continue reading this article…
According to early news reports, General Motors will file for bankruptcy one hour from now, at 8:00 am Eastern Time this morning. GM was officially born as a company on September 16, 1908. Its long history is a reminder that no company will survive forever regardless of its performance; like humans, corporations are mortal and ... Continue reading this article…
According to Alan Greenspan, this is of the first types of spending that consumers give up when a recession is felt personally. When men come to the point at which they need to save more money than usual and decide to cut bank their spending, underwear is at the top of the list of possible ... Continue reading this article…
June 12, 2009 is the final day that full-power television stations will broadcast in an analog over-the-air signal. The date was originally set for February 17, but due to broadcasters who needed more time and congressmen who felt the public needed more time to understand the transition, the deadline was extended until next month.
This also ... Continue reading this article…
Several times a week, I get a phone call from a number I don’t recognize. The caller never leaves a voicemail message, so I always perform a quick Google search to see if I can find any information about the caller before answering or returning the call. In almost all cases, the unknown number has ... Continue reading this article…
Seven years ago, when people I knew were buying houses they couldn’t afford with the philosophy that real estate prices always go up, and the go up fast, I was sitting on the sidelines. I had no money, no desire to settle down, and no belief that real estate in the form of home ownership ... Continue reading this article…
After a few years of not catching onto consumers’ shifting tastes towards more environmentally friendly vehicles, General Motors has teamed up with Segway to develop the PUMA, or Personal Urban Mobility and Accessibility, a tiny self-balancing, two-wheeled vehicle powered by electricity. The PUMA can reach speeds of thirty-five miles per hour.
It’s an interesting concept, but ... Continue reading this article…
If you have not been aware of the recent news, General Motors and Chrysler have asked the government for more money, but the Obama administration is pushing back. The government’s task force has determined that the restructuring plans submitted by the companies in return for continued financial support are inadequate.
As a result, the Chairman ... Continue reading this article…
It sounds like a variation of the old joke: “Is your refrigerator on fire? (Wait for response.) You better go and put it out!” But seriously, Maytag is recalling 1.6 million refrigerators due to a serious fire hazard reported in 41 incidents. If you purchased a Maytag fridge with a side or top freezer from ... Continue reading this article…
Consumer Reports leaves little to the imagination when in the April issue, the editors state emphatically, “The best vehicles are built by Honda, Subaru, and Toyota.” Yet, if you are feeling patriotic, you want to single-handedly save an entire domestic industry, you’re not worried about future service from a company that may no longer exist, ... Continue reading this article…
It’s a February tradition on Consumerism Commentary to look at Valentine’s Day from a perspective of moderation. Each year, I consider how a couple for whom frugality is important can still feel involved in the holiday of love. If you have some thoughts to add, please leave your comments at the bottom of this article.
The ... Continue reading this article…
Consumerist has pointed out a discussion on ComplainsBoard about Cash4Gold, an outfit that promises top dollar for trading in your gold jewelery. With the tight economy and gold prices relatively high, many consumers will find this a good deal. Unfortunately, it’s not that easy to get the true value for your traded in items. ... Continue reading this article…