Money and Computing
CFPB Orders TransUnion and Equifax to Pay for Deceiving Consumers in Marketing Credit Scores and Credit Products
The Consumer Financial Protection Bureau (CFPB) today took action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers. The companies also lured consumers into costly recurring payments for credit-related products with false promises. The CFPB ordered TransUnion and Equifax to truthfully represent the value of the credit scores they provide and the cost of obtaining those credit scores and other services. Between them, TransUnion and Equifax must pay a total of more than $17.6 million in restitution to consumers, and fines totaling $5.5 million to the CFPB. more »
Why the ‘Skills Gap’ Doesn’t Explain Slow Hiring
"I think [the] 'skills gap' has run its course. It's overhyped and overrated," said Janice Urbanik of Partners for a Competitive Workforce, the umbrella organization for workforce efforts in the Cincinnati area. "I don't think it's the only factor, and to some extent it's not even the primary factor." President-elect Donald Trump made restoring lost manufacturing jobs a centerpiece of his campaign. He says he will bring back jobs by cutting taxes, rolling back regulations and renegotiating trade deals. His position on education and training for displaced workers is unknown.
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Department of Homeland Security: Staying Safe Online While On-the-Go this Holiday Season
However, for as often as Americans rely on their mobile devices, most are not thinking about the risks associated with connected devices nearly enough. This holiday season, the United States Department of Homeland Security (DHS) is urging everyone to keep their cybersecurity at the top of their list as they use their phones, tablets, and other connected devices while on the go. more »
Selling Memories: I Probably Shouldn’t Have Tried to Have my First Garage Sale at 85, but the Walls Were Crying Out
Jean Pond wrote: There are always the antique hunters and I think the fact that I was an antique myself was helpful. A prospective customer would say, "How old is this?" and, when true, I would say, "Well, it’s older than I am" and it would immediately be an antique even if it was only a potato masher. A pretty 18 year old girl spotted a seed pearl pin that was in the shape of the letter J. She asked, "When did you wear this?"
I replied, "When I was about your age I wore it on my Lana Turner sweater. It had considerable pick-up power." The Lana Turner reference didn’t mean anything to her. Her name turned out to be Jennifer and she went home with the pin as a gift. more »