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Consumer Daily Reports

Data on smartphone concept
Photo (c) Guido Mieth - Getty Images
While many consumers might be concerned about the amount of time they spend on their smartphones, a new study conducted by researchers from University College London has found a key benefit of smartphone use. According to their findings, the devices may play an important role in improving consumers’ memory skills. 

“We wanted to explore how storing information in a digital device could influence memory abilities,” said researcher Dr. Sam Gilbert. “We found that when people were allowed to use an external memory, the device helped them to remember the information they had saved into it. This was hardly surprising, but we also found that the device improved people’s memory for unsaved information as well.” 

Boosting memory

For the study, the researchers had nearly 190 participants between the ages of 18 and 71 complete a memory task on a tablet or computer. The memory assessment involved dragging colored circles to different sides of a computer screen to earn points. The participants were able to use their digital devices to set reminders and take notes to help them remember which sides were worth higher points. 

Using the devices paid off, as the reminders helped the participants remember the higher point values more frequently. The participants improved their memory of the higher-value points by nearly 20%. While many of them didn’t write down the lower-point values, knowing the location of the higher-point values improved those scores by nearly 30%. 

“This was because using the device shifted the way that people used their memory to store high-importance information versus low-importance information,” Dr. Gilbert said. “When people had to remember by themselves, they used their memory capacity to remember the most important information. But when they could use the device, they saved high-importance information into the device and used their own memory for less important information instead.” 

By using the devices to remember the most important information, the participants were able to use their working memory to remember even more. Though experts may have had concerns over too much digital device use, these findings highlight the cognitive benefits of consumers of all ages using smartphones. 

“The results show that external memory tools work,” said Dr. Gilbert. “Far from causing ‘digital dementia,’ using an external memory device can even improve our memory for information that we never saved. But we need to be careful we back up the most important information. Otherwise, if a memory tool fails, we could be left with nothing but lower-importance information in our own memory.” 



Posted: 2022-08-03 14:16:10

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FTC Video: How to Avoid Income Scams | Federal Trade Commission


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Learn about scams disguised as legitimate business offers, coaching programs, and investment opportunities and how to avoid them. Learn more at https://www.ftc.gov/incomescams. **************************************** The Federal Trade Commission deals with issues that touch the economic life of every American. It is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues vigorous and effective law enforcement; advances consumers' interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies. Comment Moderation Policy We welcome your comments and thoughts about the information on this page. If you do have something to say, please be courteous and respectful to other commenters. We won't routinely review any comments before they are posted (except for ones that contain urls and profanity), but we will delete any comments that: 1) contain spam or are off-topic 2) use vulgar language or offensive terms that target specific groups or contain personal attacks 3) are sales pitches or promotions 4) have urls or links to commercial sites 4) spread clearly misleading or false information or 5) include personal information, like home addresses

Published: 14th Dec 2020 04:04:51   By: FTCvideos

FTC Video: Cómo Reportar Fraude en ReporteFraude.ftc.gov | Federal Trade Commission


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Este video demuestra cómo reportar fraude, estafas, y malas prácticas comerciales a la Comisión Federal de Comercio (Federal Trade Commission, FTC) en https://ReporteFraude.ftc.gov y por qué es importante hacerlo. ****************************** The Federal Trade Commission deals with issues that touch the economic life of every American. It is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues vigorous and effective law enforcement; advances consumers' interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies. Comment Moderation Policy We welcome your comments and thoughts about the information on this page. If you do have something to say, please be courteous and respectful to other commenters. We won't routinely review any comments before they are posted (except for ones that contain urls and profanity), but we will delete any comments that: 1) contain spam or are off-topic 2) use vulgar language or offensive terms that target specific groups or contain personal attacks 3) are sales pitches or promotions 4) have urls or links to commercial sites 4) spread clearly misleading or false information or 5) include personal information, like home addresses

Published: 5th Nov 2020 03:59:43   By: FTCvideos

DIY Video: Lettuce Table Project | GARDEN | Great Home Ideas


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Melissa finds a fun and inventive way to recycle an old table and a kitchen sink. They’re going to get a new lease on life as a lettuce planter! It’s a simple project you’ll be able to do this weekend and might even get the kids interested in gardening and their greens. Welcome to Great Home Ideas, where you’ll find inspiring home makeovers, delicious recipes, quick & easy DIY projects, design & gardening ideas, plus hints, tips, how tos and advice on pets, health, tech and more. Check out our channel & subscribe to see more videos like this one every day of the week. Click here to subscribe: https://bit.ly/3hxN7d5

Published: 11th Aug 2022 11:30:03   By: Great Home Ideas

DIY Video: The Right Tool for the Right Job | GARDEN | Great Home Ideas


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Charlie show's you which tool to use for which job in the garden. Welcome to Great Home Ideas, where you’ll find inspiring home makeovers, delicious recipes, quick & easy DIY projects, design & gardening ideas, plus hints, tips, how tos and advice on pets, health, tech and more. Check out our channel & subscribe to see more videos like this one every day of the week. Click here to subscribe: https://bit.ly/3hxN7d5

Published: 9th Aug 2022 11:45:01   By: Great Home Ideas

DIY Video: TINY Backyard Makeover | DIY | Great Home Ideas


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Charlie and Adam makeover a tiny backyard for a couple in their first home. Welcome to Great Home Ideas, where you’ll find inspiring home makeovers, delicious recipes, quick & easy DIY projects, design & gardening ideas, plus hints, tips, how tos and advice on pets, health, tech and more. Check out our channel & subscribe to see more videos like this one every day of the week. Click here to subscribe: https://bit.ly/3hxN7d5

Published: 7th Aug 2022 11:45:00   By: Great Home Ideas

DIY Video: Amazing Homes - Basin Beach House | HOME | Great Home Ideas


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Welcome to Great Home Ideas, where you’ll find inspiring home makeovers, delicious recipes, quick & easy DIY projects, design & gardening ideas, plus hints, tips, how tos and advice on pets, health, tech and more. Check out our channel & subscribe to see more videos like this one every day of the week. Click here to subscribe: https://bit.ly/3hxN7d5

Published: 6th Aug 2022 11:45:02   By: Great Home Ideas

DIY Video: Easy Front of House Makeover | DIY | Great Home Ideas


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Joh Griggs shows you how to give your place street appeal with some quick and easy jobs. Welcome to Great Home Ideas, where you’ll find inspiring home makeovers, delicious recipes, quick & easy DIY projects, design & gardening ideas, plus hints, tips, how tos and advice on pets, health, tech and more. Check out our channel & subscribe to see more videos like this one every day of the week. Click here to subscribe: https://bit.ly/3hxN7d5

Published: 5th Aug 2022 11:45:03   By: Great Home Ideas

Business Video: Wall Street Week - Full Show (08/12/2022)


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Joanne Feeney, Partner and Portfolio Manager with Advisors Capitol Management, and Kristina Hooper, Invesco Chief Global Market Strategist on whether the week in the markets. Lawrence Summers, former US Treasury Secretary, on the cooling inflation data, and Melissa Kearney, Aspen Economic Strategy Group Director, on the economic impacts of immigration. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

Published: 13th Aug 2022 12:44:30   By: Bloomberg Markets and Finance

Business Video: Balance of Power Full Show (08/12/2022)


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On Bloomberg's 'Balance of Power' with David Westin: Glenn Hubbard, Columbia Business School Dean Emeritus, discusses Fed rate hikes, inflation; Jane Harman, Wilson Center President Emerita distinguished fellow, on Trump, DOJ investigation; Kevin Rudd. Asia Society president, on China's motivations.

Published: 12th Aug 2022 11:26:32   By: Bloomberg Markets and Finance

Business Video: Market May Be Too Optimistic


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Joanne Feeney, Partner and Portfolio Manager with Advisors Capitol Management, and Kristina Hooper, Invesco Chief Global Market Strategist on whether the market's response to the July CPI report is overly rose. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

Published: 12th Aug 2022 11:17:17   By: Bloomberg Markets and Finance

Business Video: Tale of Two Consumers


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Joanne Feeney, Partner and Portfolio Manager with Advisors Capitol Management, and Kristina Hooper, Invesco Chief Global Market Strategist on overseas investment opportunities in today's markets, and the state of the US consumer. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

Published: 12th Aug 2022 11:06:43   By: Bloomberg Markets and Finance

Business Video: What's After the Downturn?


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Lawrence Summers, Former US Treasury Secretary, and Melissa Kearney, Aspen Economic Strategy Group Director, on what comes after the potential downturn, and on the risk of running out of workers. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

Published: 12th Aug 2022 10:41:31   By: Bloomberg Markets and Finance

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