Here’s a roundup of the consumer and money stories you need to know about this week.
Fed expected to cut interest rates, calls for Shein & Temu investigation, top fall destinationsJudge denies temporary restraining order against Bexar County for voter registration lawsuitWelcome to an all-new 12 On Your Side newsletter, chock-full of consumer and money stories rounded up just for you!I hope you’re having an excellent start to your week and making great financial choices.
Read moreThere have been a lot of changes when it comes to federal student loans, and scammers are working to trick people amid the confusion to get money or information. The Federal Trade Commission said scammers will attempt to get your Federal Student Aid account credentials, so do not share your account information.
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U.S. safety regulator calls for probe of Temu, Shein over 'deadly baby and toddler products'Temu and Shein have shot to popularity in the U.S. over the past year due to their ultra-cheap apparel, electronics and home goods.
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Shein sues Temu over copyright infringements as the legal feud between the two companies heats upOnline fast-fashion giant Shein is suing its competitor Temu once again, accusing the China-founded shopping platform of stealing its designs, product images and engaging in other types of fraud. The complaint was filed in a Washington federal court this week. It alleges that Temu, which has grown in popularity in the U.S.
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CPSC commissioners want to investigate Shein, Temu for allegedly selling dangerous infant, toddler productsJustin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
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Shein sues Temu over copyright infringements as the legal feud between the 2 companies heats upThe companies have sued each other in U.S. courts before, and Shein currently faces multiple lawsuits from brands accusing it of stealing their designs.
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US regulators want to investigate Shein and Temu over ‘deadly’ baby productsShein and Temu, two Chinese low-cost e-commerce websites, are the target of a proposed investigation by the United States government for selling “deadly baby and toddler products.”
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Shein and Temu face a big change to how they ship cheap Chinese goodsNew White House rules would close a tax loophole that lets Shein and Temu cheaply ship from China to American shoppers. The Biden administration says it undercuts U.S. workers, retailers and manufacturers.
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