Current Events in April 2022

Biden reaffirms potential plan to forgive some student loan debt taken on by consumers

However, he says forgiveness will not hit the $50,000 number that some Democrats endorse

Read article 04/29/2022

Amazon loses nearly $4 billion in first quarter

However, the company says consumers have a lot to look forward to in the near future

Read article 04/29/2022

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Labor Department has ‘grave concern’ about Fidelity allowing 401(k) Bitcoin investments

A top official says the digital currency is volatile and speculative

Read article 04/29/2022

Loneliness may increase risk of unemployment, study finds

The relationship between unemployment and loneliness can create a vicious cycle

Read article 04/29/2022

Climate change may be the spark for the next pandemic, study finds

Experts say rises in temperature will force more interactions between animals and humans, increasing the risk of new viruses

Read article 04/29/2022

Price of diesel fuel hits another record high

After pulling back, gas prices are also rising this week

Read article 04/29/2022

Volkswagen recalls Tiguans and Tiguan long wheel base vehicles

The accessory rear hatch spoiler may be insufficiently attached

Read article 04/29/2022

GM recalls Chevrolet Traverse and Buick Enclave vehicles

The roof rail airbags may not deploy

Read article 04/29/2022

Mercedes-Benz recalls model year 2021-2022 Maybach S580s

The rear airbags may not deploy properly

Read article 04/29/2022

Biden administration takes step towards banning menthol cigarettes and cigars

Consumers who smoke the products won't be in trouble, but the companies that produce them might be

Read article 04/28/2022

Coronavirus update: Fauci says pandemic comments were ‘mischaracterized’

Moderna seeks approval to vaccinate young children

Read article 04/28/2022

Google to honor requests to remove consumers' personal data from search results

The company said consumers still need to take their information down in other online places

Read article 04/28/2022

Fidelity 401(k) plans will allow investments in Bitcoin

Some financial planners see it as a natural step in retirement planning

Read article 04/28/2022

Economic growth fell by 1.4% in the first quarter

Despite that, one economist says there is little to be concerned about

Read article 04/28/2022

Climate change may double risk of tropical cyclones within next 30 years, study finds

Experts believe extreme weather events will become more common

Read article 04/28/2022

Knowing the sex of the baby before giving birth may improve health outcomes, study finds

Experts say male and female babies affect placenta function differently

Read article 04/28/2022

Hyundai recalls Elantras and Accents

The seat belt pretensioners may explode

Read article 04/28/2022

Norwex USA recalls ceramic knives

The knife's handle can break during use

Read article 04/28/2022

Consumers can now purchase Apple parts, tools, and guides to fix iPhone devices

Mac owners will have to wait longer before being able to repair their devices

Read article 04/27/2022