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Last year's Winnebago Concept Adventure Vehicle was the type of concept that had us hoping for a production version. Now, that vehicle is reality – the Winnebago Revel is designed to take you and your bikes, skis or other gear out into the backcountry and give you a comfy place to rest. Read more
After 15 years in a vegetative state with no signs of consciousness a man is now showing minimal signs of "waking" following the implantation of an experimental nerve stimulation device into his chest. Read more
Apple's 2017 iPhones have been grabbing a lot of attention lately, but there are plenty of good options for those not wanting to commit to the Apple ecosystem. With LG about to launch its multimedia-focused V30, how does it stack up against the iPhone 8, 8 Plus and X? Read more
Dubai has kicked off trials of the Volocopter two-seater aircraft. The all-electric 18-rotor vehicle took to the skies for the first time over the city on Monday as the city looks to establish what would be world's first self-flying taxi service. Read more
A consortium including Microsoft, Facebook and Telxius recently finished threading the complex 4,000-mi (6,400-km) cable across the ocean floor from Virginia Beach, Virginia to Bilbao, Spain to produce a high-speed data connection that will be more secure from disruption by natural disasters. Read more
SPONSORED BY TABOOLA
Supercomputers and quantum computers rely on a “brute force” approach to solve problems, performing billions of calculations very quickly until they arrive at the optimal solution. But a new system has the potential to outperform them, using “magic dust” as a beacon to highlight the solution. Read more
A true rarity of the Space Race is up for auction in the form of one of the few surviving Soviet Sputniks. The ground test version of the first manmade satellite to go into orbit in 1957 that shocked the world in the coldest days of the Cold War is part of Bonhams Air and Space Sale. Read more
The bi-annual Tokyo Motor Show is almost upon us, and the crazy concepts are already starting to appear. Suzuki has released images of its funky Kei car concepts ahead of the show, including a range of cute four-wheel drives and a mobile food truck. Read more
Daimler is set to unleash connected, self-driving trucks on selected highways in the US, as it kicks off testing of its truck platooning technology on American soil for the first time. Read more
The launch of the iPhone X and its new facial unlocking technology has thrust biometric security back into the popular discourse. A team at the University of Buffalo has now developed a new biometric tool that analyzes the dimensions of your heart to unlock your phone or log in to your computer. Read more
This course is directed toward anybody interested in operating Microsoft SQL Server 2012 professionally. The Microsoft 70-461 exam is essential for any aspiring database administrators, implementers, system engineers, and developers, and this course will prepare you to ace the exam. Read more
Locking your outdoor gear up certainly helps keep it from getting stolen, but guess what – thieves may still go after it anyway! That's where goLock's Venture lock comes in. Unveiled at Interbike 2017, it notifies you and sounds an alarm if anyone messes with it. Read more
With about 40 million bacteria living in and on you, some microbes have developed a tiny speargun that injects lethal poisons to their neighbors to thin out the competition. Now, researchers at the University of Basel in Switzerland have finally figured out just how the deadly weapon works. Read more
There's a problem with carrying your bicycle on a car-top rack – you may forget that the bike is up there when you pull into your garage, so you end up smashing it. Well, that's why Raacked was created. It warns you when you're approaching overhead obstacles that your car-topped bike won't clear. Read more
DFA Studio recently unveiled a blue sky proposal for an observation tower in Central Park. If built, it would be the world's tallest timber structure. Interestingly, it would also filter the Jacqueline Kennedy Onassis Reservoir and turn it into a freshwater pond for everyone's use. Read more
We have seen a few quirky attempts at electrifying three-wheeled cargo bikes over the years. The latest to cross our desk takes a cleaner and more minimalist approach than others, and also comes with a handy GPS feature in case you need to track it down when it goes missing. Read more
The Australian government has announced plans to establish a national space agency. Although the country has played a key role in international space programs for decades, creating its own agency will allow Australia to grow a domestic space industry and keep talent from heading overseas. Read more
Standing up on an electric scooter may give you better situational awareness as you zip around, but sitting down is less tiring if you've got a long way to go. Well, the Metro Shark allows you to do both, transitioning from one configuration to the other in just a few seconds. Read more
areer at Borough of Manhattan Community College!
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The Department of Labor just got permission to delay enforcement of a rule that requires retirement advisers to act in the best interests of their clients. Help us stop rollbacks to this and other critical consumer protections.
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RESPECTED FRIENDE,
An important consumer protection is on the chopping block, and Americans could lose tens of billions of dollars in lost retirement savings as a result.1
The Department of Labor just got approval to delay the deadline for retirement advisers to comply with a new rule that requires them to act in their best interests of their clients.2
This is just the latest attempt to roll back the commonsense protections we helped put in place in the aftermath of the Great Recession. Will you stand up for consumer protection on Wall Street, and make a donation to support our work?
When the first part of the “best interest” retirement savings rule went into effect in June, it was the culmination of a six-year effort to make sure retirement advisers couldn’t steer you toward overpriced investments that would earn them higher commissions and fees. These higher fees are estimated to cost retirement savers $17 billion a year.3
But the final parts of the rule haven’t yet gone into effect, and they’re what “give the rule its teeth.” The Department of Labor just got permission to delay the rule’s full implementation by 18 months, an extension which analysts say “sets the stage for a substantial rewrite,” and would provide time to “soften the rule.”4
In no way does softening a rule to protect retirement savers from fees that cost them tens of billions of dollars a year at all serve the public interest.
That’s why we need to do everything we can to protect this and other important consumer protections. Please make a donation to U.S. PIRG today.
Legal challenges to the retirement savings rule by the financial industry have been described as “without merit,” “unpersuasive” and “at odds with market realities.”5
That hasn’t stopped Wall Street’s allies in Washington, D.C., from trying to get rid of this and other critical safeguards, like the Consumer Financial Protection Bureau.
If we’re going to continue holding off these attempted rollbacks, we need you by our side.
Together, we can stand up for consumers. Donate today.
Thank you,
Andre Delattre
U.S. PIRG Executive Director
1. Ed Mierzwinski, “Best Interest Retirement Rule Takes Effect Today,” U.S. PIRG, June 9, 2017.
2. Mark Schoeff Jr., “OMB approves proposal for 18-month delay of DOL fiduciary rule's second phase,” Investment News, August 29, 2017.
3. Ed Mierzwinski, “Best Interest Retirement Rule Takes Effect Today,” U.S. PIRG, June 9, 2017.
4. Tara Siegel Bernard, “Labor Dept. Seeks Delay of Consumer Protection Rule for Financial Advisers,” The New York Times, August 9, 2017.
5. The New York Times Editorial Board, “Mr. Trump Sides With Wall Street; You Lose,” The New York Times, August 23, 2017.
An important consumer protection is on the chopping block, and Americans could lose tens of billions of dollars in lost retirement savings as a result.1
The Department of Labor just got approval to delay the deadline for retirement advisers to comply with a new rule that requires them to act in their best interests of their clients.2
This is just the latest attempt to roll back the commonsense protections we helped put in place in the aftermath of the Great Recession. Will you stand up for consumer protection on Wall Street, and make a donation to support our work?
When the first part of the “best interest” retirement savings rule went into effect in June, it was the culmination of a six-year effort to make sure retirement advisers couldn’t steer you toward overpriced investments that would earn them higher commissions and fees. These higher fees are estimated to cost retirement savers $17 billion a year.3
But the final parts of the rule haven’t yet gone into effect, and they’re what “give the rule its teeth.” The Department of Labor just got permission to delay the rule’s full implementation by 18 months, an extension which analysts say “sets the stage for a substantial rewrite,” and would provide time to “soften the rule.”4
In no way does softening a rule to protect retirement savers from fees that cost them tens of billions of dollars a year at all serve the public interest.
That’s why we need to do everything we can to protect this and other important consumer protections. Please make a donation to U.S. PIRG today.
Legal challenges to the retirement savings rule by the financial industry have been described as “without merit,” “unpersuasive” and “at odds with market realities.”5
That hasn’t stopped Wall Street’s allies in Washington, D.C., from trying to get rid of this and other critical safeguards, like the Consumer Financial Protection Bureau.
If we’re going to continue holding off these attempted rollbacks, we need you by our side.
Together, we can stand up for consumers. Donate today.
Thank you,
Andre Delattre
U.S. PIRG Executive Director
1. Ed Mierzwinski, “Best Interest Retirement Rule Takes Effect Today,” U.S. PIRG, June 9, 2017.
2. Mark Schoeff Jr., “OMB approves proposal for 18-month delay of DOL fiduciary rule's second phase,” Investment News, August 29, 2017.
3. Ed Mierzwinski, “Best Interest Retirement Rule Takes Effect Today,” U.S. PIRG, June 9, 2017.
4. Tara Siegel Bernard, “Labor Dept. Seeks Delay of Consumer Protection Rule for Financial Advisers,” The New York Times, August 9, 2017.
5. The New York Times Editorial Board, “Mr. Trump Sides With Wall Street; You Lose,” The New York Times, August 23, 2017.
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U.S. PIRG, Main Office: 294 Washington St., Suite 500, Boston, MA 02108, (617) 747-4370, Federal Advocacy Office: 600 Pennsylvania Ave. SE, 4th Fl., Washington, DC 20003, (202) 546-9707 Member questions or requests call 1-800-838-6554. If you want us to stop sending you email then follow this link -- unsubscribe. |
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