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☆ From Taylor Swift tickets to gasoline — these days everyone feels like they’re being price-gouged. Are they?
  + stars: | 2024-05-18 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +8 min
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. At the core of the increasingly common accusation of price gouging is the sense that the consumer is being exploited. Price gouging is in the eye of the bidderGavin Roberts, chair of Weber State University’s economics department and who studies the effect of anti-price gouging laws, said the laws themselves often don’t define what price gouging is. Corporations charging as much as they can, as painful as it may be for consumers, doesn’t mean they’re necessarily price gouging, said Roberts. Steven Suranovic, an economics professor at George Washington University who has also published research on price gouging, sees it differently.
Persons: Emily Miller lucked, Taylor, Miller, Swift, ” Miller, Taylor Swift, Kevin Winter, it’s, —, Joe Biden — can’t, we’re, Gavin Roberts, Biden, ”, Biden hasn’t, ” Biden, Roberts, Steven Suranovic, Martin Shkreli, Shkreli, Price, Trent Sprague, Lyft, Uber, Travis Kalanick, It’s, ” Suranovic, Rafi Mohammed, Stefani Reynolds, Teresa Murray Organizations: New, New York CNN, CNN, Rights, Weber State, Corporations, George Washington University, Turing Pharmaceuticals, LinkedIn, O'Hare International, Chicago Tribune, Tribune, Service, Consumer, Culture, Profit, Getty Locations: New York, Pittsburgh, Cleveland, Inglewood , California, Chicago, New York City, Washington ,, AFP, US
☆ What parents need to know about P2P payment apps as Venmo adds teen account
  + stars: | 2023-05-23 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +3 min
Maskot | Maskot | Getty ImagesApps are 'convenient,' but woes can be 'difficult to fix'Peer-to-peer payment apps, also known as P2P apps, are widely in use throughout the U.S. Teresa Murray, a consumer watchdog at the U.S. Public Interest Research Group, urges caution when using P2P apps. "There are real consequences if something goes wrong," she said. watch now"People use these P2P apps because they're convenient and they're easy," Murray said. Talk to your teens about moneyAs your teen learns about budgeting and payment apps, experts urge parents, it's important to discuss these topics with them at home.
Persons: Teresa Murray, PIRG, Murray, LendingTree, scammers, Desiree Kaul Organizations: Maskot, Getty, Consumer Reports, U.S . Public Interest Research, Consumer Financial, PayPal, CNBC Locations: U.S, Satellite Beach , Florida
☆ ‘Porch pirates’ stole an estimated 260 million packages in the last year. How to prevent theft on your doorstep
  + stars: | 2022-12-18 | by ( Sarah O'Brien | ) www.cnbc.com   time to read: +4 min
Andresr | E+ | Getty ImagesYou may not be the only person eager for packages to arrive at your house. Over the last year, an estimated 260 million delivered packages were stolen, according to a report from SafeWise, an online guide to security and safety products. The total annual lost to this type of theft is an estimated $19.5 billion, according to SafeWise. "The other aspect of this crime that makes it unique and likely to continue increasing is that there's very low risk and very low skill involved," Stickle said. If possible, you should sign up to receive an email or text message when your package is supposed to arrive and when it's actually delivered, Murray said.
☆ Here's how to avoid buying a flood-damaged car following Hurricane Ian
  + stars: | 2022-10-11 | by ( Sarah O'Brien | ) www.cnbc.com   time to read: +3 min
Sean Rayford | Getty ImagesIf you're planning to shop for a used car in the next few months, be sure to check for flood damage before signing on the dotted line. Flooded cars are 'rotting from the inside out'Floodwaters can destroy — sometimes slowly — electronics, lubricants and mechanical systems in vehicles. Not all titles will reflect flood damageThat's because not all flooded cars are recorded as such unless an insurance company is involved. Reselling them to consumers can get on the right side of the law if the title discloses the flood damage. So, with no insurance company involvement there may not be any official record of the flood damage.
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