consumers

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Credit Scores Plunge as Consumers Twist in Wind

Average drops 6 points, likely to fall further

(Newser) - Consumers are caught in the credit crunch, and their scores are starting to show it, USA Today reports. The average TransUnion credit score fell 6 points between the third quarter of 2008 and the first of 2009, and the group’s financial services director expects it to fall even more...

New Credit Card Rules Could Trim $10B From Industry Coffers

Law dials back crucial fees, interest rates

(Newser) - A law President Obama is expected to sign today bringing new consumer-friendly rules on credit cards could cost the industry $10 billion in revenue, the Wall Street Journal reports. The legislation, which dials back various fees and interest rates, will devastate companies that target consumers with checkered credit histories and...

One-Stop Web Portal Thinks It Can Save Newspapers

Group thinks consumers will be willing to pay for one-stop web portal

(Newser) - A web portal planned by some top media execs may be the way forward for beleagured newspapers. Journalism Online would act as a “one-stop shop” for pay content, writes Nate Anderson for Ars Technica. Consumers could buy subscriptions to many newspapers at low prices, and with a sliding scale...

Microsoft to Apple: Bring It On
 Microsoft 
 to Apple: 
 Bring It On 
ANALYSIS
Apr 11, 2009 9:48 AM CDT

Microsoft to Apple: Bring It On

(Newser) - With its snazzy ads and iPhone groupies, Apple has been winning the Mac vs. PC wars, but Microsoft is ready to strike back, Peter Burrows writes in BusinessWeek. Positioning itself as a cheaper alternative, the company has launched its own slate of “uncharacteristically cool” TV ads and is offering...

Coke Will Drop 'Classic' Tag from Labels

Branding was unveiled after much-panned New Coke experiment

(Newser) - If you’re still haunted by New Coke, fear no more: Coca-Cola plans to drop the “Classic” tag from its branding, ensuring that the original formula faces no more threats from upstart incarnations, the Atlanta Journal-Constitution reports. The “Classic” label, which was introduced in 1985, is “a...

Mexico Halts Shipments From Top US Meat Plants

Move is seen as retaliation for country-of-origin labeling initiative

(Newser) - Mexico has temporarily banned meat from 30 US plants run by some of the largest American meat companies, Reuters reports. The Mexican government says violations in standards of packaging, labeling, and transport conditions occasioned the ban, but many US analysts suspect Mexico is registering its dissatisfaction with an American law...

Cash Makes a Comeback
 Cash Makes a Comeback 
Nov 24, 2008 2:15 AM CST

Cash Makes a Comeback

But cash isn't king for retailers, who'll likely see bigger drop in sales

(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be...

Whole Foods' Labels Tell Half the Story
 Whole Foods' Labels 
 Tell Half the Story 
ANALYSIS
Nov 23, 2008 10:45 AM CST

Whole Foods' Labels Tell Half the Story

Food chain's labels don't provide enough information about allergens

(Newser) - Eat, drink, and be wary, chocolate lovers: Whole Foods may not be telling you the whole story about its premium chocolate bars, reports the Chicago Tribune. In an investigation into product labels that promised “good manufacturing practices.” the Trib found that the supermarket chain’s chocolate bars contained...

Gadgets Have Consumers Crying for Help

Buyers frustrated by problems with cell phones, internet access and computers

(Newser) - Digital technology plays a key role in the lives of most Americans, but it's often too complex, frustrating, and prone to failure, a study by the Pew Research Center finds. Nearly half of consumers said they regularly need help setting up a device, learning how to use it, or solving...

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