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By Casey Kuhn, Nicole Ellis, Hannah Grabenstein
With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the…
By Christopher Rugaber, Associated Press
The federal government’s relief program for small businesses is off to a slow start, with few businesses able to apply and some big banks saying they’re not ready to process applications.
By Ken Sweet, Joyce M. Rosenberg, Ryan J. Foley, Associated Press
Iran asked the International Monetary Fund for a $5 billion loan to fight the coronavirus, the first time since the 1979 Islamic Revolution that it has sought such assistance, in a staggering admission of how fragile its economy has become…
By Nasser Karimi, Aya Batrawy, Associated Press
Among the most extreme cases reported by the Government Accountability Office are two separate borrowers who claimed to have 93 relatives in their households, along with 3,300 cases in which borrowers said they had no income even though federal data…
By Colin Brinkley, Associated press
By PBS NewsHour
To get a job with a good salary, having a college degree is increasingly vital. But degrees are also more and more expensive, and don’t guarantee job placement. Skills-based boot camps may provide one solution, by teaching valuable skills in…
Payday loans are supposed to be a short-term quick fix for those who can't get traditional credit. But the loans are rarely actually short-term, and borrowers frequently need to take out a second loan to pay off the first. Special…
Watch Obama Announce New Plan for College Affordability…
More Debt, Fewer Jobs: How the Candidates Plan to Solve Rising Costs of College…
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