Consumer Pocket News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interes...

Affecting wholesale prices which are going to be a bit of a shock for motorists, particularly when you think thatjust 12 months ago, you could buy unleaded fuel for 115, diesel for 116, 20 5p per litre cheaper. this is a nasty shock to the consumer pocket and to inflation going forward. the uk's home secretary has said police must raise the bar by taking the harassment of women more seriously. priti patel said crimes such as flashing and verbal abuse should not be taken lightly. she said women should feel confident to call out such offences. ministers have promised reform to the criminaljustic...

7%, but our margins are down. >> mike: how do you fix it. >> exactly. >> mike: how do you fix it. >> you've got to put money in the consumer pocket. plain and simple. the consumer has to have more money and to me the quickest way to did that, reduce energy costs. we have a work on a long-term plan for alternative energy, but we've got it get this economy going back. this economy will never recover if we don't put money back in people's pocket and everybody says that's the republican way, but you know, we've got to drill. got to use natural gas and solar, not solar development, but nuclear and ...

Consumers struggling to pay their bills? >> we've hen hearing stories about this for a long time. it's so nice it's not just me and you saying this but the chairman of ftc and he says too many of these companies take the last dollar out of the consumer pocket and far from leaving them better off putting them deeper in debt. >> julie: 3500 plus complaints. >> not only 3500 complaints. >> julie: there are more. but the feds are listening saying the companies can't charge you the up front fee which is absolutely ridiculous. you only pay if your debt is reduced or negotiated down? >> that is corre...

Budget deficit and pay for all these spending programs. they want it, they feel like it can solve the problem but the american public doesn't want it. it is a toxic tax. we are talking about maybe 15 to 18% of everything that you buy if we add a european vat. >> greta: it is a regressive tax. older have bought their washing machines it is going to hurt the younger people, tax younger people, the people who are still getting started and buying these durable goods. everyone else already has his durable goods. >> take for example the. pad retails for $799 -- if you put a 16 or 18% vat on top of t...