News

2019

February

21
  • States, consumer groups blast CFPB’s fintech protections. State attorneys general, consumer advocates, community activists, and banking regulators are criticizing proposed legal protections for banks and technology firms that develop “innovative” financial products. The protections would come from the Consumer Financial
20
19
  • The biggest economic divides are local. Superstar cities like Washington offer economic advantages in terms of careers. But research shows less populated areas can be better places for parents to help their children get ahead in life, when accounting for housing
15
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  • Devastated by one shutdown, dreading the next. The federal government had finally called her back to work after 35 days, but now Vicki Ibarra wondered how she could afford to get there. Her used sedan had been repossessed by the bank a few
06
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January

31
  • Homeowners in government programs at risk of foreclosure. One aspect of the recent government shutdown that has received too little attention is that it significantly increased the risk that thousands of struggling homeowners across the nation would lose their homes. For example: in
30
  • The shutdown showed how precarious Americans' finances are. The shutdown made apparent not only the federal safety net’s inherent weaknesses, but also the precariousness of federal workers’ and contractors’ finances. And Trump-administration officials revealed a lack of understanding of
29
  • Moving company accused of holding belongings hostage. Florida is cracking down on a group of moving companies accused of defrauding consumers around the country. The state's Attorney General filed a civil suit in federal court last month against 14 companies it investigated.
28
  • The fleecing of millennials. For Americans under the age of 40, the 21st century has resembled one long recession. The main reason is a lack of economic dynamism. Not as many new companies have been forming since 2000—for
24
  • Switching to digital billing statements?. It seems like everything is going digital, so it’s no surprise that businesses of all sizes (and even some government agencies) are pushing us to choose “environmentally friendly” paperless billing. 
 

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