Michelle Singletary, financial writer for The Washington Post, has been recommending buying Series I Bonds for months now. Singletary says for investors with money to spare and who are looking for safety, inflation has been good for Series I Bonds, which the Treasury Department announced will be paying 9.62 percent until the end of October. So, I thought I’d try it. I was apprehensive because I’d read so much about how clunky the TreasuryDirect.gov website is. Buyers are advised to have all the needed information at hand when they set up an account: your Social Security number, bank... Continue Reading
Posts Tagged With ‘ Consumers ’
I’m fortunate that my first college degree included classes in nutrition. I learned the value of eating fruits and vegetables for health and avoiding junk food. However, the recent debate on low-carb or a vegetarian diet, and dozens of spinoffs, has added confusion for the American public, and even me. A recent proposal by the U.S. Food and Drug Administration to allow food companies to add the word “healthy” on their packaging has value, but doesn’t go far enough, in my opinion. The FDA says more than 80 percent of people in the U.S. aren’t eating enough vegetables,... Continue Reading
It’s good news that a new federal safety standard for clothing storage units has finally been adopted that will reduce injuries and deaths from dresser and other clothing storage unit tip-overs. In writing about consumer product safety for decades, it’s been discouraging to read about and report on tip-over deaths through the years, the U.S. Consumer Product Safety Commission’s notoriously long rule making process, and the failure of Congress to pass the STURDY Act. STURDY stands for Stop Tip-overs of Unstable, Risky Dressers on Youth. Prior to the adoption tip-over standard... Continue Reading