Consumer – Time For Truth – News You Should Have Read And Should Be Reading

Soaring Consumer Confidence: Are Americans Happy It’s Trump, or Just Happy It’s Over?

USAmerican, Business, Consumer, Donald Trump, economy, Finance, Growth, income, Resident, Survey, Universitysuperadmin

Nov 2016

On the surface, the message from the University of Michigan’s final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation — fast.

The consumer expectations index of the survey rose by 8.4 points from October to 85.2 — a one-month gain last exceeded in the December 2011 — a testament to households’ optimistic view on the outlook for the U.S. economy and their own pocketbooks.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Soaring Consumer Confidence: Are Americans Happy It's Trump, or Just Happy It's Over?

U.S. consumer prices post largest gain in six months

Business, USConsumer, Department, Federal, inflation, interest rates, Labor, post, Prices, reserve, U.Ssuperadmin

Nov 2016

U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that

potentially clears the way for the Federal Reserve to raise interest rates in December.

Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – U.S. consumer prices post largest gain in six months

5,300 Wells Fargo employees fired over 2 million phony accounts

BusinessBanking, Consumer, Credit Card, Customer, Employees, money, Protect, regulators, Secretly, Wells Fargosuperadmin

Sep 2016

Everyone hates paying bank fees. But imagine paying fees on a ghost account you didn’t even sign up for.

That’s exactly what happened to Wells Fargo customers nationwide.

On Thursday, federal regulators said Wells Fargo (WFC) employees secretly created millions of unauthorized bank and credit card accounts — without their customers knowing it — since 2011.

Read the Full Article: Source – CNN
Time For Truth: (CNN) – 5,300 Wells Fargo employees fired over 2 million phony accounts

Obamacare Website No Longer Addresses ‘You Can Keep Your Doctor’

General News, HealthBarack Obama, Consumer, Healthcare, Signature, Websitesuperadmin

Aug 2016

“If you like your doctor, you can keep your doctor” was President Barack Obama’s signature catchphrase he used to sell the Affordable Care Act to the American people. Now Obamacare’s flagship website, healthcare.gov, no longer even addresses the issue.