Emma Nitzsche, Author at Consumer Bulletin

29 July 29, 2021

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS: “Protecting Student Loan Borrowers and the Economy in Upcoming Transitions”

Emma Nitzsche2021-07-29T18:45:08+00:00July 29, 2021|

By Emma Nitzsche On Tuesday, July 27, the subcommittee on Economic Policy hosted a hybrid hearing titled: “Protecting Student Loan Borrowers and the Economy in Upcoming Transitions.” Sen. Elizabeth Warren (D-MA) served as the chairwoman of the event. In her opening statement, Sen. Warren emphasized the failures of the Pennsylvania Higher Education Assistance Agency (PHEAA) [...]

27 July 27, 2021

Retailers Expect Shortage in Back-to-School Supplies

Emma Nitzsche2021-07-27T20:14:08+00:00July 27, 2021|

By Emma Nitzsche After spending over a year in virtual classrooms, back-to-school shopping might look different this year. Popular back-to-school products are expected to be in short supply, and frantic parents are checking off their supply lists even earlier this year. Retailers, manufacturers, and vendors are currently struggling to keep up with the demand amid [...]

27 July 27, 2021

Chinese Tech Company WeChat Suspends New Users Due to Technical Difficulties

Emma Nitzsche2021-07-27T19:43:44+00:00July 27, 2021|

By Emma Nitzsche Tencent’s WeChat (Weixin) social media platform has temporarily suspended the registration of new users in China as it upgrades “to align with relevant laws and regulations,” the social media platform announced on Tuesday. In a statement given to Reuters, the company told users that “during this time, registration of new Weixin personal [...]

26 July 26, 2021

Florida Asks Supreme Court to Block CDC Cruise Ship Regulations

Emma Nitzsche2021-07-26T18:35:19+00:00July 26, 2021|

By Emma Nitzsche On Friday, Florida's attorney general pleaded with the Supreme Court to block the COVID-19 cruise ship restrictions outlined by the Centers for Disease Control (CDC). Florida Attorney General Ashley Moody referred to a 31-page brief to argue that the CDC's limits exceed the agency's authority under federal law. According to Moody's brief, [...]

22 July 22, 2021

Johnson & Johnson and Three Drug Distributors Hit With Landmark Opioid Settlement

Emma Nitzsche2021-07-22T21:41:37+00:00July 22, 2021|

By Emma Nitzsche A group of state attorneys reached a landmark, $26 billion settlement resolving claims against Johnson & Johnson and the three largest U.S. drug distributors over their role in the U.S. opioid crisis. The attorneys claimed the distributors, McKesson, Cardinal Health, and AmerisourceBergen, helped fuel the deadly nationwide opioid epidemic. The distributors are expected to [...]

22 July 22, 2021

Federal Watchdog Reports Billions of Taxpayer Dollars Wasted in Unemployment Programs

Emma Nitzsche2021-07-22T17:11:59+00:00July 22, 2021|

By Emma Nitzsche The Government Accountability Office (GAO) said billions of taxpayer dollars were wasted through pandemic unemployment programs in the past year. The federal watchdog found that states and territories overpaid by $12.9 billion between March 2020 and April 2021. The report claimed that states and territories during the first quarters of the [...]

21 July 21, 2021

U.S. Housing Rates Are Rising, but Supply Chains Are Slowing Down

Emma Nitzsche2021-07-21T21:16:51+00:00July 21, 2021|

By Emma Nitzsche Overall housing starts beat expectations and increased 6.3% this June to an adjusted rate of 1.64 million units, according to data from the Commerce Department. However, permits for future construction fell to an eight-month low, signaling growing hesitancy caused by expensive building materials and shortages of labor and land. Housing starts were significantly [...]

21 July 21, 2021

More than 60,500 U.S. Businesses Reopened in the Last Three Months

Emma Nitzsche2021-07-21T20:32:28+00:00July 21, 2021|

By Emma Nitzsche According to new Yelp data, more than 60,500 businesses reopened throughout the U.S. last quarter. The results represent the highest volume of reopenings since the previous year and the greatest number of startups since 2004. With more people vaccinated, thousands of new restaurants and retail operations are opening to meet consumer demand. [...]

20 July 20, 2021

Apple to Lease Hollywood Production Campus for Filming Shows and Movies

Emma Nitzsche2021-07-20T20:30:16+00:00July 20, 2021|

By Emma Nitzsche Apple Inc. is looking to lease a large production campus in Los Angeles to film shows and movies for AppleTV+. According to a Wall Street Journal report, the tech giant intends to create new AppleTV+ content, including brand new shows and movies. The move to occupy more space in Hollywood reinforces Apple’s commitment [...]

20 July 20, 2021

Law Firm for Exxon, Johnson & Johnson, Pfizer, and Boeing Hit By Ransomware Attack

Emma Nitzsche2021-07-20T17:24:11+00:00July 20, 2021|

By Emma Nitzsche Campbell Conroy & O’Neil, a major law firm that advocates for hundreds of influential organizations, confirmed a ransomware attack in February of this year. The breach may have leaked Social Security numbers, health insurance information, and even biometric data. The law firm represents clients in over a dozen sectors of the economy, [...]

About Emma Nitzsche