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FTC Proposes to Ban Noncompete Clauses for Workers
The Federal Trade Commission is proposing a new rule that would prevent employers from imposing noncompete clauses for workers that prohibit them from joining a competitor, typically for a period of time, after they leave the company.
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Microsoft Will Fight US Over $68.7B Activision Blizzard Deal
At the center of the dispute is Microsoft’s rivalry with PlayStation-maker Sony to secure popular Activision Blizzard franchises like the military shooter game Call of Duty.
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How to Shop Smart and Save Money on Holiday Gifts
If you’re shopping online, make sure the website you are using says “https” in the URL. Here are other tips to save you money and keep you safe, whether you are shopping online or in person.
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Feds Say Twitter Used Contact Info Collected for Security Purposes to Target Ads
Twitter reached a $150 million settlement with the Department of Justice and Federal Trade Commission over alleged misrepresentations of data privacy practices.
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Scammers Are Taking Advantage of a Baby Formula Shortage, Federal Trade Commission Warns
Parents and caregivers are paying exorbitant prices for baby formula that never arrives, according to the Federal Trade Commission.
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Congress Tells FTC Commanders May Have Broken Financial Laws
The U.S. House Oversight Committee sent a letter to the Federal Trade Commission saying it found evidence the NFL’s Washington Commanders engaged in potentially unlawful financial conduct
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Consumers Lost $5.8 Billion to Fraud Last Year — Up 70% Over 2020
Almost 2.8 million consumers filed a fraud report to the Federal Trade Commission in 2021, the highest number on record.
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The Real ‘Catch Me If You Can' Con Artist Says Every Scam Involves One of These Red Flags
Frank Abagnale’s exploits as a con artist were profiled in the 2002 movie “Catch Me If You Can.” Here’s how he identifies potential scams.
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Student Loan Scams Increase When Payments Are Paused. What to Know
The continued pause of federal student loan debt and interest has led to some confusion and an uptick in scams. How to protect yourself from falling victim.
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How to Buy and Sell Safely Online
A new scam is targeting people who are selling used items online. NBC 6’s Sasha Jones reports
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New Scam Targets People Selling Items Online
A new scam is targeting people who are selling used items online. The Federal Trade Commission and Better Business Bureau issued separate warnings about a new scam where scammers target your phone number. According to the warnings, scammers are targeting people who post things for sale on sites like Facebook Marketplace, Craigslist and other social media sites. The scammers contact…
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Crypto Cons: Investment Scams Skyrocket as Trading Explodes
Crypto trading has exploded in the last year and a half, and crooks have taken notice. They’re finding new ways to pounce and pilfer, and these crimes have recently skyrocketed.
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Third Stimulus Checks Still Available — and Scammers Are on the Prowl
Bogus e-mails about the $1,400 third round of stimulus checks lure unsuspecting victims to click a malicious link, according to the Federal Trade Commission.
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Biden Nominates FCC Chair, New Commissioner to Give Democrats Majority
Biden will name FCC acting Chair Jessica Rosenworcel as permanent chair and former FCC official Gigi Sohn as the fifth commissioner, the White House said.
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Covid-Related Scams Have Bilked Americans Out of $586 Million
Fraud linked to Covid-19 has cost Americans $586 million. However, scams seem to be on the decline.
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FTC Chair Lina Khan Outlines New Vision for Antitrust Enforcement, Consumer Protection
Khan has been among the leading voices for more vigorous antitrust enforcement, sparking a movement with her 2017 article, “Amazon’s Antitrust Paradox.”
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Even the Feds Reportedly Want to Know Why McDonald's Ice Cream Machines Are Always Broken
It’s a running joke that McDonald’s soft serve machines are always broken — but now this issue is, apparently, being taken seriously.
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Scammers Have Bilked Consumers Out of $545 Million in Covid-Related Fraud
Criminals have ripped off hundreds of thousands of Americans since the start of the pandemic, according to the FTC.
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Student Loan Forgiveness Scams Are on the Rise. Here's How to Protect Yourself.
Scams offering student loan forgiveness have increased amid confusion around pandemic programs and multiple calls to erase debt. Here’s what to watch out for.
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FTC Files Renewed Antitrust Complaint Against Facebook
A federal judge dismissed the FTC’s initial complaint in June but gave it a second chance to amend its filing.