Recent News

Helping build financial capability across America

We just published our second annual financial literacy report to Congress. It outlines our strategy and what we’ve done over the past year to enhance financial literacy and capability. In the report, you’ll find out about the tools and information we provide...

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Two Barcode Resellers Settle FTC Charges That Principals Invited Competitors to Collude

Two Internet resellers of UPC barcodes used by retailers for price scanning and inventory purposes, have settled charges that they violated the Federal Trade Commission Act by inviting competitors to join in a collusive scheme to raise the prices charged for barcodes...

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Three years of standing up for consumers

The Consumer Financial Protection Bureau was created in the wake of the financial meltdown to stand up for consumers, make sure they’re treated fairly, and restore trust in the consumer financial marketplace. Our focus is on making financial markets work...

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Toyota defends U.S. Hispanic market lead as segment grows

Toyota plans to remain the top-selling auto brand among Hispanic customers in the United States as competing automakers boost efforts to win a bigger share of business from the nation's largest ethnic minority group. ... Read More »

Russia’s Severstal sells U.S. steel plants to AK Steel, Steel Dynamics

Russia's Severstal said it agreed to sell its two steel plants in the United States for $2.3 billion, withdrawing from the market at a time of rising tension between Russia and the West and turning its focus to its domestic business. ... Read More »

Volvo, ABB to develop fast-charging buses

Swiss engineering group ABB and Volvo said they were setting up a global partnership to co-develop and commercialize electric and hybrid buses with fast-charging systems. ... Read More »

Court Halts Debt Collector’s Operations, Freezes Assets

Defendants Behind Buffalo, New York-based Operation Used Lies and Threats to Pursue Fraudulent Debt Collection Strategy, FTC and New York Attorney General Allege At the request of the Federal Trade Commission and the New York Attorney General’s...

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Ticket to Automotive Hall of Fame: Great ideas, staying power, impact

This year's Automotive Hall of Fame inductees -- Keith Crain, Ferdinand Piech, Dave Power and Alex Tremulis -- have a lot in common. ... Read More »

Volkswagen puts its faith in Tennessee

In conjunction with its announcement last week that it would invest $900 million to expand its Tennessee factory to accommodate a mid-sized cross-over tailored to the U.S. ... Read More »

Dealers’ phones ring again

Because of the ubiquitous smart phone, car shoppers are flooding dealerships with phone calls instead of e-mail inquiries. The sudden change in consumer behavior has dealers pushing employees to brush up on an ancient skill: answering the telephone. ... Read More »