Consumer Minute: Netflix makeover and the Fed looks for a new leader.

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by Sandra Parker, 13News Now

WVEC.com

Posted on November 14, 2013 at 9:35 AM

Updated Thursday, Nov 14 at 9:40 AM

President Obama has chosen Janet Yellen to take over when Fed chairman Ben Bernanke ends his term in January.  Her confirmation hearing will be watched closely by Wall Street.  She's expected to signal that she doesn't intend to change the Fed's stimulus program, for now.  Yellen favors loose money policy and has said that the Fed has made progress but that is has further to go.

There's some good news if you're in the market for a used car. It seems new car buyers are flooding showrooms, which is causing used car prices to hit a four-year low. In the third quarter, the average used car sold for $15,617 and some experts think those prices could go even lower.

Switzerland is now home to a new concept for a Starbucks store.  It's actually a train car and it runs between Geneva, Switzerland and its airport.  Upstairs, there is seating for 50; downstairs, there's a standing bar.  Right now, there are no plans for anything like this here in the US. 

Netflix users get ready. A makeover is coming! The video subscription service will be featuring, among other things, a streamlined look and more advanced suggestions on what you should watch.

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