Consumer Watchdog Proposes New Rules On Payday Lenders
Regulations proposed by the Consumer Financial Protection Bureau would require lenders to determine whether customers can repay within 30 days before issuing a loan.
ECONOMY
U.S. Jobs Dropped By 33,000 In September, Likely Due To Storms
The decline in employment, the first in years, comes after 83 months of job growth. The Bureau of Labor Statistics notes that the data probably show the short-term effect of recent hurricanes.
Speaking Freely, Retiring Sen. Corker Warns GOP He Could Oppose Tax Plan
The Tennessee Republican says he will oppose upcoming tax legislation if he believes it will add to the deficit, which Corker considers the greatest threat facing the country.
Storm-Battered U.S. Economy Lost 33,000 Jobs In September
The Labor Department also says the unemployment rate fell to 4.2 percent. The monthly jobs report was likely skewed by the impact of hurricanes that hit in late August and mid-September.
The Economics Of A Monthly Movie Pass
We investigate the economic mystery of how a movie pass for $10 a month can offer daily movies at just about any theater.
Trump's Puerto Rico Golf Venture: Not Such A Great Deal
President Trump seems pessimistic about Puerto Rico's ability to pay its debts. That view may, in part, reflect his own financial experience there, where he once got stung by a golf course bankruptcy.
Who Will Benefit Most From GOP Tax Plan? Early Report Suggests The Wealthy
Republicans in the White House and Congress have billed their tax proposal as a boost for the middle class. But a nonpartisan analysis finds the richest Americans would see the most immediate gains.
Equifax And Wells Fargo Apologize To Congress; Lawmakers Not Buying It
Equifax's former CEO Richard Smith and Wells Fargo CEO Tim Sloan both said "sorry" for the harm their companies have inflicted on consumers. But lawmakers scolded them in two different hearings.
A Look At The GOP's Plan To Cut Taxes
NPR's Michel Martin talks with Republican Bruce Bartlett, former adviser to President Ronald Reagan, who says tax cuts don't spur economic growth.
How To Buy A Goat When You're Really Poor? Join A 'Merry-Go-Round'
Skeptics say if you hand cash to the impoverished, they'll mismanage it. But it turns out, many poor people are great at saving — thanks to this ingenious system.