consumers

United Airlines merger with American Airlines would hurt consumers, senators say

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Two lawmakers are speaking out against a potential merger between United Airlines and American Airlines, saying a deal would weaken industry competition and harm consumers.  “If United and American were to merge, airlines would face less pressure from rivals to keep the cost of flying down, and airlines across the industry could raise ticket prices … Read more

What consumers can do as the Iran war impacts the cost and availability of flights

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As the U.S. and Israel’s war with Iran squeezes global oil supplies, travelers have valid reasons to worry about the cost and availability of flights as they plan their late spring and summer trips. The head of the International Energy Agency has warned that European countries could run low on jet fuel within weeks, forcing … Read more

This male model sporting a crisp summer shirt isn’t real. Will consumers care?

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The brushed twill shirt from men’s wear company Teddy Stratford in the image below highlights the crisp lines produced by its patented “zip fit’ technology. Also, the wonders of another kind of tech — for while the clothing is real, the model, boat and urban backdrop are all the product of artificial intelligence.   The … Read more

How rising fuel prices impact consumers shopping in stores or online

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Rising fuel prices can impact consumers beyond the gas pump. Oil prices have surged more than 40% since the Iran war effectively shut down the Strait of Hormuz. The price hike can impact everything from cargo ships crossing the Pacific to the delivery van pulling up outside your home – and the costs could quickly … Read more

Trump’s war on Iran creates an economic storm for consumers and the Fed

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Inflation held steady in February — but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape. Consumer prices rose 2.4% from a year earlier, according to new government data released Wednesday, a figure that suggests inflation has been gradually cooling toward the Fed’s 2% target. But … Read more

FTC to refund more than $47 million to consumers allegedly deceived by Invitation Homes

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The Federal Trade Commission said Wednesday that it will send a total of $47.2 million in refunds to hundreds of thousands of consumers who the agency alleges were deceived by Invitation Homes, the largest single-family home leasing company in the U.S. Invitation Homes agreed to issue the refunds as part of a settlement with the … Read more

DOJ and Live Nation reached a settlement. Here’s what it means for consumers.

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Live Nation, the owner of Ticketmaster, has reached a settlement with the DOJ in a major antitrust case. The U.S. government has accused the company of having a monopoly over tickets to live events. But a legal analyst explains the settlement doesn’t automatically mean cheaper tickets for consumers. Source link