Reuters Money

Will retailers give debit cards a new life?

October 13, 2011

A sign for wine supplied by John Ulzheimer. REUTERS/handoutAs an expert on the credit industry, John Ulzheimer spends his days thinking about credit cards, debit cards and credit scores. So imagine his surprise when he picked up lunch at a restaurant near his house in Atlanta, then later went on a beer run, and was directly confronted with the consumer fallout from the hot-button issue of the day in his profession: new fees for debit card purchases imposed by government regulations.

Online privacy leaks worsen; “Do not track” gains steam

October 11, 2011

People use computers at an Internet cafe in Changzhi, north China's Shanxi province June 20, 2007. REUTERS/StringerAre you being tracked right now? If you thought you were just browsing aimlessly, doing a little shopping or checking sports scores without identifying yourself, you could be mistaken about your level of privacy.

Borders fire sale stirs controversy over selling customer data

October 5, 2011

A Borders book store is shown in San Diego July 18, 2011.  REUTERS/Mike Blake When you sign up for services with many retailers, you’re often asked to opt in to marketing programs with the express promise from the company that they will respect your privacy and never sell that information to a third party. So what happens when they go ahead and do that anyway?

Back-to-school spending tests your wallet and your patience

September 6, 2011

A child watches from a school bus in New York January 6, 2011. REUTERS/Shannon Stapleton Remember when you could outfit a kid with roughly $20 in school supplies? Now there’s a lesson in ancient history, folks.

Pssst, wanna buy a stolen Rolex or diamond?

August 16, 2011

Wanna deal on a diamond? Time to get a new Rolex? Sure, they might be stolen goods, but it’s all perfectly legal.

Royal flush: 5 luxury bathroom items to boost your home value

August 4, 2011

While $250,000 could land a vacation home in some markets, these days, you could also spend that amount on the most amazing bathroom money can buy. Think of the re-sale value that could add to a home!

Complaints surge over group coupon deals

August 3, 2011

Deal hunters are consuming deep discounts on everything from restaurant meals to boat tours, but they are also starting to complain about troubles with these offers in increasing numbers.

In the world of high-priced purses, beware quality fakes

August 2, 2011

Lan Tran, a systems analyst in Boston, wanted a Louis Vuitton purse which retails for about $1,500, but thought the price was a little too steep for her. So when she saw one listed on eBay for $300 from a top seller with only good feedback, she struck.

The Viking refrigerator saga: When high-end went awry

July 18, 2011

Under federal law, companies are required to self-report to the U.S. Consumer Product Safety Commission any product defect that could cause serious harm. Most seem to.

Consumer product database in jeopardy

July 6, 2011

You may think the government’s wheels always grind slowly, but they can spin fast when a government action runs afoul of business.