Remember when 125,000 Peloton Tread+ treadmills were recalled after the death of a child and dozens of incidents of children, pets, and objects being pulled under the rear roller? The CPSC and Peloton have finally agreed on a rear guard repair for the recalled Tread+ treadmill. It eliminates possible entrapment near the treadmill’s rear roller.
An “investment opportunity” extremely popular on the social media platform WeChat stole millions from the Chinese community in the United States. Social media posts urged people to “invest” in various household goods and electronics, promising returns of 20-40 percent in one to three months. But it was really a scam.
This huge recall is getting a lot of media attention and it surely is adding to Peloton’s financial problems as people head back to the gym after staying home during the covid-19 pandemic. The company is recalling about 2.2 million exercise bikes, Model No. PL01, because the bike’s seat post assembly can break during use, posing fall and injury hazards.
Although Mother’s Day is highly commercialized, I like remembering my mom on this special day and I enjoy visiting with my daughters over WhatsApp. Maybe next year, I’ll be able to travel to Spain again in May. Since my birthday is May 4 and my daughter’s is May 23, we have so much fun celebrating our birthdays plus Mother’s Day in May in Spain.
No. What ended on Thursday was the covid health emergency on public health and safety measures in the United States. In addition, the World Health Organization recently ended the covid related global health emergency. The U.S. ended the covid health emergency because Republicans would no longer support funding for it.
Paying off student loans is a big job, especially since it usually takes most people years to achieve it. Consumers need to beware of debt relief companies that promise quick loan forgiveness. Scammers claim they’ll help you, for a fee, but their schemes often leave you deeper in debt. The FTC has stopped two student loan debt relief schemes.
This recall is so large, it even made one of the national news programs recently. Stanley Black & Decker is recalling about 2.2 million DeWALT, Stanley and Craftsman fiberglass sledgehammers in the United States and an addition 53,000 in Canada. The sledgehammer head can loosen and detach unexpectedly during use.
It’s helpful for consumers to take a look at complaints that are received by agencies and organization to know what to watch out for in their financial lives. The Consumer Financial Protection Bureau monitors consumer complaints to determine risks in consumer financial markets and to prioritize agency action. In 2022, the CFPB found:
Luxor Workspaces is recalling about 84,700 Luxor A/V carts in the United States and about 1,650 in Canada. The carts can be unstable when loaded with heavy objects, such as cathode-ray tube televisions. They pose a tip-over hazard to children, which can result in serious injury or death.
