Economy May 12 The costs and pitfalls of ‘earned wage access’ apps that offer loans between paychecks By John Yang, Andrew Corkery
Economy Mar 20 Federal Reserve to lend additional $1 trillion a day to large banks The Federal Reserve has moved with unprecedented force and speed to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak. By Christopher Rugaber, Associated Press
Economy Mar 16 Watch Payday Lenders Face Increasing Scrutiny Starting off a two-part look at plans to overhaul the nation's financial industries, Ray Suarez reports on the call for more regulation of payday lenders. These businesses have been criticized for preying on the poor by offering short-term, high-interest loans.
Economy Oct 07 Fed Aims to Unfreeze Credit Markets With Plan to Buy Short-Term Debt The Federal Reserve announced a plan Tuesday to buy short-term debt directly from businesses, in an effort to stimulate paralyzed credit markets and get cash to companies that need it. By PBS News Hour