Consumer Minute: Rising interest rates & an Oprah-Starbucks tea deal

Print
Email
|

by Sandra Parker, 13News Now

WVEC.com

Posted on March 20, 2014 at 8:45 AM

Updated Thursday, Mar 20 at 9:00 AM

The low interest rates that many of us have gotten use to may be going away soon.  Federal Reserve Chair Janet Yellin says the Central Bank plans to hold rates down for another year or so and then let them rise.  That news did not sit well with investors, sending stocks lower on Wednesday. Some experts are projecting stocks could go even lower today.

There's some good news for nearly a million taxpayers who did not file a return in 2010.  The IRS may have some money for you. How much? The total is more than $760 million!  But if you don't file by April 15, the government gets to keep your money.

Pandora is planning to raise its fee for new subscribers.  If you sign up for Pandora one, that's the company's ad-free streaming music service, you'll have to pay $5 a month.  That new price goes into effect in May.

Starbucks and Oprah are teaming up for a new blend of tea!  It's going to be called Tevana Oprah Chai Tea or Oprah Chai for short.  If you want to check it out, the tea will be available just before Mother's Day at Starbucks and Tevana stores.  All the proceeds will go to charity.

Print
Email
|