Want to Lose Weight? Add This One Thing to Your Diet

You want to get to a healthy weight, but let’s face it — diets can have a lot of complicated rules. Wouldn’t it be nice if there was just one simple thing to add to what you eat each day to help you shed some pounds? University of Massachusetts Medical School researchers wondered the same thing, and now they think they have an answer: Eat more fiber. In a yearlong study, published in the Annals of Internal Medicine, those who …

Arbitration Clauses for Credit Cards, Other Services May Harm Consumers

Millions of consumers may not be getting a fair resolution in disputes with their financial institutions over products and services, according to a report released Tuesday by the Consumer Financial Protection Bureau. The CFPB examined the arbitration clauses in contracts for credit cards, prepaid cards, private student loans, payday loans, cellphone service and checking accounts. These clauses generally permit companies to resolve consumer complaints using arbitration. Most bar consumers from filing class-action suits, which may provide a fairer and more …

Schwab Starts No-Fee Investment Service

The investing world has been all atwitter — or a tweeter — over the coming of Charles Schwab’s Schwab Intelligent Portfolios, which opened to the public today. The new service from the San Francisco-based money manager is the latest in the growing world of “robo-advisers,” or investment advisory solutions that rely on computer algorithms to build, monitor and rebalance portfolios based on your stated goals, time horizon and risk tolerance. Online competitors include Betterment, Wealthfront, SigFig and others, which have …

One Older Worker’s Job-Hunting Saga

The following post is by an AARP member who wanted to share his experience in finding a new position. He requested anonymity for himself and his current and former employers. One hundred job applications submitted. Forty-two phone interviews logged. Eighteen face-to-face job interviews. And finally, after 7½ months, a job offered and accepted. My journey began last March, when I was unceremoniously fired as a software engineering manager after 22 years. It wasn’t a complete surprise. The company had been …

Family and Medical Leave Rights Expanded to All Legally Married Couples

Starting March 27, legally married same-sex couples will be able to take unpaid time off to care for a spouse or sick family members even if they live in a state that doesn’t recognize their marriage. The final rule issued by the Department of Labor revises the definition of “spouse” in the Family and Medical Leave Act to recognize legally married same-sex couples regardless of where they live. Prior to that, only couples that lived in a state that recognized …

FTC: $1.7 Billion Lost to Fraudsters in 2014 — ID Theft Top Complaint … Again

Consumers reported losing $1.7 billion to scams and frauds in 2014, according to an annual review released by the Federal Trade Commission. That figure is likely a fraction of actual losses, since many people never report their victimization. For the 15th consecutive year, identity theft was the top complaint in the FTC’s Consumer Sentinel Network Data Book, accounting for 13 percent of the total 2.5 million filed complaints. That’s the same percentage as in 2013, but with more people reporting …