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Financial News from Consumer Reports

  • You may have concerns about taking a cholesterol-lowering statin drug, such as atorvastatin (Lipitor and generic), rosuvastatin (Crestor), and simvastatin (Zocor and generic), after a recent stud...

  • Up to 70 million Americans have a sleep disorder such as chronic insomnia—and this condition and others can bring persistent difficulty sleeping and subsequent trouble functioning during the day....

  • Dos and Don'ts of Itemized Deductions Consumer Reports - 22 hours ago

    Itemized deductions can come and go like the weather: Each year Congress changes something, the Internal Revenue Service issues opinions, and tax courts make new rulings. If you like a challenge,...

  • Drone Privacy: Is Anyone in Charge? Consumer Reports - 22 hours ago

    In 1942 a chicken farmer outside of Greensboro, North Carolina, sued the U.S. government. He said the frequent, low overflight of military aircraft on the adjacent runway was scaring his birds an...

  • 4 Signs Your Spouse Is Committing Financial Infidelity Consumer Reports - Wed, Feb 10, 2016 3:44 PM EST

    Valentine’s Day is a time to celebrate relationships, but consider putting a little time aside this month to discuss money. "Financial honesty and communication are paramount to a healthy, harmon......

  • Need Valentine's Day Ideas? These Apps Can Help. Consumer Reports - Wed, Feb 10, 2016 3:29 PM EST

    With Valentine's Day fast approaching, it's MVP time. Not the Most Valuable Player kind. More like Most Valuable Partner. You don’t need a bag full of rose petals or a dozen tea lights to whip up...

  • Beware of These Valentine's Day Scams Consumer Reports - Wed, Feb 10, 2016 1:09 PM EST

    Scammers want to get close to you on Valentine’s Day—close enough, that is, to swipe your credit card number, steal your personal information, and infect your computer with a virus that lets them...

  • Valentine's Day ETFs Aren't so Sweet Consumer Reports - Wed, Feb 10, 2016 10:43 AM EST

    Cocoa, the essential ingredient for all that chocolate Americans will be buying for Valentine's Day, was one of the few commodities to appreciate in price in 2015. According to World Bank data, t...

  • Tax Preparation: Save Time, Get Your Refund Faster Consumer Reports - Wed, Feb 10, 2016 10:30 AM EST

    Tax preparation. Ugh. If only you could wave a wand and complete your return instantly. Or better yet, just skip all that and go straight for the refund.  Alas, those options aren't available qui...

  • Why Your Valentine's Day Flower Delivery Might Be Late Consumer Reports - Tue, Feb 9, 2016 5:10 PM EST

    If you place an order for a Valentine's Day flower delivery online, you might miss a disclaimer that says the site does not guarantee delivery on major holidays—including Valentine's Day. The inf...

  • Why You Might Not Need That Stress Test Consumer Reports - Tue, Feb 9, 2016 4:22 PM EST

    Having a battery of medical tests may seem like a good idea—like your doctor is leaving no stone unturned in the quest for hidden disease. And getting the right test at the right time can be life...

  • Proposed Law Would Roll Back Mandatory Arbitration Consumer Reports - Tue, Feb 9, 2016 12:05 PM EST

    Two Democratic senators have introduced a bill that would cut companies' ability to push consumers with a grievance into arbitration instead of court. More and more, companies have clauses in the...

  • Tax deduction rules for charity donations Consumer Reports - Mon, Feb 8, 2016 12:00 PM EST

    If efforts to sell your unwanted stuff are unsuccessful, you can take a tax deduction for donations of used clothing and household items that are in good or better condition. You must be giving t...

  • What to Do If You're at Risk for Glaucoma Consumer Reports - Mon, Feb 8, 2016 8:00 AM EST

    Have you been told by your eye doctor that you have preglaucoma or "glaucoma suspect?" This doesn't means that you have glaucoma, which can damage the eye’s optic nerve and may result in vision ...

  • Save money with home office tax deductions Consumer Reports - Fri, Feb 5, 2016 4:45 PM EST

    Small-business owners bedeviled by expense calculations for their home office tax deductions can take advantage of an IRS rule that offers a potentially less time-consuming way to figure out some...

  • Don't make these income tax mistakes Consumer Reports - Fri, Feb 5, 2016 4:45 PM EST

    Tax mistakes can mean much more than just a computation error. The tax code is long and complex, so it's not surprising that wrong assumptions about preparing and filing taxes abound. Correcting ...

  • Protect yourself from a tax audit Consumer Reports - Fri, Feb 5, 2016 4:45 PM EST

    Tax audits are rare. The average taxpayer has a 1-in-100 probability of being formally audited by the IRS in a given year. The odds of a tax audit rise if, among other things, you itemize deducti...

  • The Trouble With Labels Like 'Natural' and 'All Natural' Consumer Reports - Fri, Feb 5, 2016 4:45 PM EST

    When you see the words “natural” or “all natural” on a food label do you think, no artificial ingredients? No GMOs? No pesticides? No antibiotics? In a recent survey (PDF) of more than 1,000 adul...

  • Crestor Goes Generic This Year Consumer Reports - Fri, Feb 5, 2016 4:35 PM EST

    One of the most commonly prescribed brand name drugs in the U.S., the cholesterol-lowering drug Crestor, will become available in a generic version later this year. If you've been paying high co-...

  • Best Time to Buy a TV: Super Bowl or Black Friday? Consumer Reports - Fri, Feb 5, 2016 1:00 PM EST

    For many of us, getting the absolute best deal on a TV has become a national pastime, fueling the type of adrenaline rush you usually only get from contact sports. (And if you shop in stores on B...

  • FDA Fields Complaints on Sleeping Pill Suvorexant Consumer Reports - Fri, Feb 5, 2016 12:40 PM EST

    A recent analysis of more than 1,000 safety reports submitted to the Food and Drug Administration about the sleeping pill suvorexant (Belsomra), found that it was associated with side effects suc...

  • How to Stream Super Bowl 50 Consumer Reports - Fri, Feb 5, 2016 10:13 AM EST

    As a journalist who’s been to the Super Bowl three times, I can tell you the best place to watch the game: on the couch in your living room, surrounded by family, friends, and plates filled with ...

  • Fastest, Lowest-Cost Holiday Shipping Consumer Reports - Fri, Feb 5, 2016 7:54 AM EST

    If you still haven’t sent your gifts to friends and family around the country, don’t worry—the carriers are ready to whisk your packages to their destinations in time for Christmas Day. But which...

  • Where to Get Tax Preparation Help Consumer Reports - Fri, Feb 5, 2016 7:54 AM EST

    It's bad enough to have to prepare your taxes. It's even worse when your tax return comes back to haunt you. The best way to prevent that from happening? Pick a good tax preparer. If you have fe...

  • 5 Ways to Order a Healthy Pizza for the Big Game Consumer Reports - Fri, Feb 5, 2016 7:00 AM EST

    Unless you make it yourself, it’s tough to serve up a healthy pizza. All the fat, calories, and sodium wouldn't matter as much if Super Bowl Sunday was the only day Americans ate pizza, but it’s ...

  • Mosquito Repellents That Best Protect Against Zika Consumer Reports - Thu, Feb 4, 2016 5:25 PM EST

    The World Health Organization has declared the rapid spread of the Zika virus—which has been linked to serious birth defects and is transmitted mainly by mosquitoes—an international public health...

  • Don't Risk a Super Bowl DWI Consumer Reports - Thu, Feb 4, 2016 4:32 PM EST

    Super Bowl Sunday is a major national party day, complete with snacks, beer, and big-screen TV action. But don't let the annual gridiron celebration turn into a personal tragedy by driving after ...

  • Is the New Fitbit Alta Stylish Enough? Consumer Reports - Thu, Feb 4, 2016 2:52 PM EST

    If you're waiting for a stylish fitness tracker to lure you into the wearable device game, Fitbit’s latest offering might have you covered. The Fitbit Alta is a couture accessory through and thro...

  • Making a Super Bowl Bet? You Might Owe Tax Consumer Reports - Thu, Feb 4, 2016 12:52 PM EST

    Betting on the Super Bowl has become as much of a ritual as picking the right beer and getting the best view of the TV. But an even older American ritual is confronting the outstretched hand of U...

  • Supermarket Prepared Meals: What to Watch Out For Consumer Reports - Thu, Feb 4, 2016 6:00 AM EST

     Barbecued pulled pork with garlicky greens. Spicy tuna rolls with avocado. Artichoke asiago rice croquettes. Are they menu choices at a white-tablecloth restaurant? These days, you’re just as li...

  • From Our Experts: Buying Prepared Food Consumer Reports - Thu, Feb 4, 2016 6:00 AM EST

    Between long work hours and frustrating commutes, there isn't always a lot of time to make healthy meals for your family. Buying prepared food at the supermarket is one option—if you choose caref...

  • How Prepared Foods Stack Up to Frozen Meals and Restaurant Takeout Consumer Reports - Thu, Feb 4, 2016 6:00 AM EST

    Prepared foods are now the rage in supermarkets. But many consumers who don’t want to cook still turn to two old standbys: restaurant takeout and frozen dinners. How do those three types of meals...

  • Tips on How to Win a Super Bowl Pool Consumer Reports - Wed, Feb 3, 2016 4:22 PM EST

    Americans will be betting billions of dollars on Super Bowl 50 this Sunday, according to the American Gaming Association. While much of that staggering total includes betting at sportsbooks (lega...

  • Best Last-Minute Super Bowl TV Deals Consumer Reports - Wed, Feb 3, 2016 1:54 PM EST

    If waiting until the last minute to find a great deal on a TV is part of your Super Bowl 50 game plan, we've got you covered. We've pored over all the ads and promotions leading up to the big gam...

  • 7 Reasons Why Airlines Can Bump You Consumer Reports - Wed, Feb 3, 2016 12:57 PM EST

    Most of us realize we need to be on our best behavior while traveling by air. Gate crews and flight attendants are particularly concerned about the possibility of a petulant passenger going off t...

  • Super Bowl Recipes for a Crowd Consumer Reports - Wed, Feb 3, 2016 9:42 AM EST

    Whether you're rooting for the Broncos or the Panthers on Super Bowl Sunday, you'll want your party guests to be cheering for the food you've cooked up. But crowd-pleasing party food isn't always...

  • Is Peach Still the Next Big Social Network? Consumer Reports - Wed, Feb 3, 2016 9:23 AM EST

    A few weeks ago, a social network named Peach arrived with a pedigree that made tech bloggers and Twitter nerds swoon over what could be the next big thing. Yes, I was skeptical: There are only s...

  • For Teens, Vaping Leads to More Cigarette Smoking, Study Finds Consumer Reports - Wed, Feb 3, 2016 6:00 AM EST

    Teens who vape—use an e-cigarette—were almost three times more likely to have started smoking tobacco cigarettes a year later than those who had never vaped, according to a recent study in the jo...

  • TV Calibration Will Turn Your Set Into a Super Bowl MVP Consumer Reports - Tue, Feb 2, 2016 6:02 PM EST

    If you're hosting a Super Bowl 50 party on February 7 when the Carolina Panthers take on the Denver Broncos at Levi's Stadium, you're probably spending more time thinking about what beer goes bes...

  • New Computers to Watch for in 2016 Consumer Reports - Tue, Feb 2, 2016 4:11 PM EST

    If you’re hoping for a groundbreaking personal computing product in the year ahead, you may be disappointed. But that doesn’t mean you won’t see some thoughtful, quirky innovations along the way....

  • How Likely Is Your Point-and-Shoot or SLR to Need a Camera Repair? Consumer Reports - Tue, Feb 2, 2016 1:34 PM EST

    Over the years, many brands have touted the reliability of their products. Remember those Timex ads? “It takes a licking and keeps on ticking.” Or Dodge trucks? “Ram Tough.” When it comes to came...

  • When Nasal Decongestant Sprays Make You Sicker Consumer Reports - Tue, Feb 2, 2016 1:31 PM EST

    If you’re battling congestion from a cold or sinus trouble, the good news is that easier breathing might be just a spray or a drop away. Over-the-counter, 12-hour nasal decongestant sprays like A...

  • 5 Best TVs of 2015 Consumer Reports - Tue, Feb 2, 2016 12:10 PM EST

    Naming the best TVs of any given year is a difficult but ultimately rewarding task, and this year is no exception. Our top picks for 2015 are especially notable for two reasons. One is that this ...

  • Super Sandwich Recipes for the Super Bowl Consumer Reports - Tue, Feb 2, 2016 11:54 AM EST

    Super Bowl Sunday is fast approaching, but you've still got time to plan great eats for game day. If you want to spend the day watching the action on the field unfold—and not just cooking—conside...

  • The Best Store-Bought Brands of Guacamole Consumer Reports - Tue, Feb 2, 2016 8:00 AM EST

    To find out which store-bought brands of guacamole you should serve at your Super Bowl party—or any gathering, for that matter—our experts tried eight. What we found. Sabra costs a bit more than ...

  • Public service could help erase your student loan debt Consumer Reports - Mon, Feb 1, 2016 9:38 PM EST

    If you're fearful of joining the 40 million college graduates struggling to repay their U.S. student loan debt, here's a way to reduce the burden.   Consider a job in public service. Over the yea...

  • Explore the World With a Virtual Reality Headset Consumer Reports - Mon, Feb 1, 2016 3:00 PM EST

    With virtual reality poised to change the way we learn, shop, travel, and socialize—not to mention play video games—this seems like an ideal time to examine the key to entering this bold new doma...

  • Blasts From the Past: Boomboxes and Audio Shelf Systems Consumer Reports - Mon, Feb 1, 2016 2:50 PM EST

    Here in America, boomboxes are a visceral part of our collective audio culture. Who can forget that famous scene from Say Anything, with John Cusack holding a boombox high above his head, the Pet...

  • Your February Financial To-Do List Consumer Reports - Mon, Feb 1, 2016 2:21 PM EST

    It's nearly Valentine's Day, and I'm not opposed to spending a little money to give bon bons, bouquets, and bling to your loved one. But this month I'll also take a little time to get my finances...

  • 4 Products on Deep Discount in February Consumer Reports - Mon, Feb 1, 2016 8:00 AM EST

    February is about more than chocolates and flowers, especially if you're a shopper looking for deep discounts. There aren't lots of sales promotions this month, according to the National Retail F...

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