Payday lenders won't have to check whether borrowers can afford loans
The Consumer Financial Protection Bureau is revoking an Obama-era rule protecting consumers from predatory lending.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
The Consumer Financial Protection Bureau is revoking an Obama-era rule protecting consumers from predatory lending.
Questions abound about the stimulus checks and taxes. Read on to learn how it will impact your tax situation.
The jobs recovery could lose ground if a second wave of coronavirus cases hits the U.S. this year, economists warn.
The hand sanitizers tested positive for methanol, a toxic substance when absorbed through the skin or ingested.
Almost 1 in 3 jobless workers mistakenly believe their unemployment benefits are tax-free.
Citing the virus surge in many states, fast-food chain is suspending its dine-in reopening plans for three weeks.
"When you take care of your team, they take care of the company as well," says one CEO who backs pay raise.
CARES Act directs money to run through July 31. But the fine print says some states will cut it off a week earlier.
Taxpayers who haven't yet filed their taxes will need to get them to the IRS by July 15 or request an extension.
Because of an IRS backlog, some Americans are "in for a long wait" to get their money, U.S. taxpayer advocate says.
With coronavirus cases spiking in Florida, the city is breaking with state's governor to mandate that masks be worn.
The prepaid debit cards may impose "unnecessary burdens" on the 4 million people who received them, some lawmakers say.
"Getting a hamburger and a beer isn't worth more deaths," one Arizona resident said of the state's push to reopen.
The parent company of the family restaurant chain blamed the "financial strain" from shutdowns due to the pandemic.
Starkey Spring Water has arsenic levels that are three times as high as other brands, Consumer Reports claims.