The hackers who attacked Equifax exposed vital personal identification data—including social security numbers, names, addresses and dates of birth—of potentially as many as 143 million Americans. Quickly after Equifax revealed the massive damage, advice to consumers started flowing, but this time, the advice was somewhat questionable. Authorities urged consumers to sign up for the free […]
Walmart’s income statement for 2016 showed $486 billion in sales through its 11,695 stores, clubs and affiliates. Costco’s 2016 income statement showed $119 billion in sales through 715 warehouses. Kroger’s 2016 sales were $115 billion through almost 4,000 stores. The merged Amazon and Whole Foods grocery sales for 2017 are estimated at $151 billion through […]
As we prepare for the next school year, we do what we can to equip our children with the visible signs of classroom readiness – suitable clothes, a backpack, writing supplies and perhaps a cellphone or laptop. But if we reflect on the issue, we acknowledge that children need factors that are more fundamental than […]
It’s a familiar setting – an overbooked flight, a cramped and dimly lit cabin, no room for bags in the overhead. This is the reality of today’s small commercial and regional jet travel. Expect nothing more, fellow flyers. But some hope is on the way, as newly designed airplanes offer better amenities and a more […]
ACI, along with coalition of national think tanks, signed a calling for the Consumer Financial Protection Bureau’s (CFPB) arbitration rules to be overturned. The letter is available here.
The cost of US health care is about 17% of GDP and it is expected that there will be 35 million hospital admissions in 2017. In 2004, 133 million Americans lived with a chronic disease. Cost and suffering support aggressive research into prevention and treatment of infections, accidents and disorders. Three conditions — heart disease, […]
This op-ed, published in the Miami Herald and written by Alan Daley, discusses a costly trend that is pushing up Florida’s homeowner premiums — “assignment of benefits” contractor fraud. The piece can be read and printed at the Miami Herald — http://www.miamiherald.com/opinion/letters-to-the-editor/article161321238.html.
Sen. Elizabeth Warren and the consumer technology lobby are making a big push in support of the Over-the-Counter (OTC) Hearing Aid Act of 2017. Their message is very consumer-focused: This bill will improve consumer access to hearing aids by making them available over the counter for the first time. Unfortunately, it’s a message that is […]
The ten Essential Health Benefits (EHBs) listed by CMS are: ambulatory patient services; emergency services; hospitalization; maternity and newborn care; mental health and substance use disorder services including behavioral health treatment; prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services and chronic disease management; and pediatric services, including oral and […]
Some malls are dying, but not all. Despite scary headlines about the demise of malls, TV and internet shopping, urbanization, and the attitudes of younger consumers, some malls are prospering. “Simon, GGP and Taubman are owners of the highest quality mall REIT portfolios, reported a particularly positive fourth quarter [in 2016]… occupancy continues to exceed […]