Clark Howard talks Fed interest rate cut, airborne lawsuit, winter travel deals and robo-calls

Interesting articles from Clark Howard’s website

What the Federal Reserve’s latest cut means to you

CLARKONOMICS: The Federal Reserve has lowered the interest rates it controls to the lowest points in modern American history. But what does that mean to your wallet?

The Fed’s actions influence the prime rate, which has historically been thought of as the lending rate from banks to their best, most credit-worthy customers. Many types of loans operate by quoting you prime plus a margin. Read the full story.

Nasal spray maker settles lawsuit over false advertising

Clark is going to make a lot of people unhappy as he picks on yet another herbal remedy in the dietary supplement arena.

Now, the consumer champ acknowledges that there’s no solution for the common cold, so he doesn’t want to negate the possibility that herbs can be effective. But as he and his wife were told while recently seeing the doctor at Duke University Medical Center, science knows only relatively little about the mysteries of the human body. Read the full story.

Winter travel deals expected to be hot

This winter, you can expect to see the most travel bargains since 2002. In today’s economy, so much travel is discretionary and airlines are trying to compensate for the decreased demand by grounding planes. But there are still too many seats! Read the full story.

FTC cracks down on robo-calls with new rules

The FTC continues to crack down on “robo-calls” with new rules that will let you opt out of receiving these automated nuisances on your residential landline. Read the full story.

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