A souvenir magnet may only cost a few dollars at a gift shop, but one theory suggests that putting them on your fridge could spike the appliance's energy usage.

How fridge-magnet lovers are coping with an industry move away from magnetic materials. Plus three tips for anyone who refuses to give up the habit of slapping mementos on their coolers.

Home > Extreme GE develops high-tech fridge magnets that could save the world billions of dollars in energy costs One of the world's biggest draws of electricity is refrigeration and air conditioning.

Sticking holiday magnets on the fridge is a lifelong tradition, but nowadays it could pose a risk for the appliance.