Recent News

FTC Testifies on Efforts to Stop Illegal Tech Support Scams Before Senate Special Committee on Aging

In testimony before Congress today, the Federal Trade Commission described its work to fight tech support scammers who trick people into believing their computer has problems, and then charge them hundreds of dollars for unnecessary, worthless, or even harmful...

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Sprint Will Pay $2.95 Million Penalty to Settle FTC Charges It Violated Fair Credit Reporting Act

Company Allegedly Failed To Give Proper Notice to Consumers With Lower Credit Scores Who Were Placed in More Costly Program Note: A conference call for media with FTC Associate Director Malini Mithal was held: Date: October 21, 2015 Time: 4:00 p.m. ET Mithal...

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FTC Testifies on Proposed Legislation Addressing Privacy and Security in Connected Automobiles

In testimony before Congress today, the Federal Trade Commission provided feedback on proposed legislation to address privacy and security concerns around the growth of so-called “connected cars.” Testifying on behalf of the Commission, Maneesha Mithal, associate...

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U.S. regulators warn against Republican auto safety proposals

Republican proposals to improve U.S. ... Read More »

Stanford goes ‘Back to the Future’ with a self-driving DeLorean

On the eve of what has become known as 'Back to the Future Day,' Stanford University researchers unveiled a self-driving DeLorean that can burn rubber under robot control, suggesting the future might not be so dismal after all. ... Read More »

Ferrari faithful drive IPO price to top of range

Ferrari priced its initial public offering at the top of expectations, raising $893 million, as drivers enamored with the luxury sports car maker snapped up its shares alongside institutional investors, defying a choppy market. ... Read More »

Struggling to keep up with student loan repayment

We’ve all heard the stories. Whether from our friends, colleagues, adult children, or through our own experiences, we know that student loan debt is taking a huge toll on students and graduates across the country. With the total volume of outstanding student...

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Ferrari’s shares won’t come cheap or easily as expected IPO price rises

Demand could outstrip supply on Ferrari's initial public stock offering later today, and the shares may price at the top of an indicated range of $48-52 per share, people close to the matter said. ... Read More »

Auto Originiations Up at Wells Fargo and JP Morgan Chase

SAN FRANCISCO and NEW YORK — Wells Fargo reported last week a 10% increase in third-quarter auto originations from a year ago, while Chase Auto Finance realized a 19% increase in originations from the year-ago period.Wells Fargo’s third quarter auto...

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Acura, Cadillac fall the most in Consumer Reports’ Reliability Survey

New transmission systems designed to boost fuel economy and infotainment proved troublesome for the auto industry this year, with Acura and Cadillac taking the biggest falls in Consumer Reports' 2015 Annual Auto Reliability Survey. ... Read More »
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