Rossen roundup: Top consumer stories from the past week
Here are all of the Rossen Reports from this past week.
As inflation drops, why is stuff still more expensive?
We keep hearing that the inflation numbers aren’t as high as they’ve been. The current rate is around 3.1%, which is down from the peak of 9.1% it hit in 2022.
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Over the last four years, we’ve seen prices get inflated by 19%. So what does that mean when it comes to our wallets?
When inflation numbers fall, that means prices can still rise, but that happens more slowly than before. We don’t feel the sharp increases like we have in the past few months or years.
Read the full story here.
Uber Teen unveils new spending limits set by parents
Uber lifted the age restriction for kids to catch a ride or get food delivered by letting parents create teen accounts for their kids ages 13 to 17 last year.
Now, Uber is launching a new feature: monthly spending limits. As the parent, you can set a custom budget for their rides and meals individually that renews every month.
Parents will also get notified when their limit is almost up and reached. This is all on top of the safety feature that lets you track your teen from pickup to drop-off in real-time.
Read the full story here.
New scam spreading, look for these red flags
As part of the Federal Trade Commission’s National Consumer Protection Week, today is National Slam the Scam Day.
It’s all about creating awareness about social security and government imposter-related scams and protecting you from falling victim to them.
Because it’s tax season, scammers are trying to get you, saying they’re from the IRS or Social Security.
Read the full story here.
So… your name is on the dark web. Here's what to do
It's National Consumer Protection Week, and one of the things you need protection from is the dark web. Once your information is on there, there's no telling who can access it and use it against you.
Here's what you should know about the dark web: It's basically a hidden area of the internet. You can't just stumble into it – you need a special browser for that. And it's where scammers and thieves often hide out.
Once your information – like your email and passwords – is on the dark web, you can't take them off. You also can't always prevent your information from being on the dark web. But you can keep your information safe if and when it does happen.
Read the full story here.