Millennials Are Very Financially Trustworthy
Looking for news you can trust?Subscribe to our free newsletters. The St. Louis Fed recently republished a note from last November about credit card delinquency. First, they note that millennials have the highest rate of delinquency. But then they make the obvious point that this is because millennials are younger than other generations, and young…
Chinese Influence Group Shuts Down After Report on Cindy Yang’s Ties
Mother Jones illustration/Facebook Looking for news you can trust?Subscribe to our free newsletters. The Florida chapter of the Council for the Promotion of the Peaceful Reunification of China (CPPRC), part of a network of groups linked to China’s Community Party and seen as vehicles for projecting Chinese influence in the West, abruptly dissolved last week…
Women Who Worked with Billionaire Philanthropist Michael Steinhardt Say He Asked for Sex
Michael Steinhardt at the Champions of Jewish Values International Awards Gala in New York City on May 21, 2017.Michael Brochstein/ZUMA Looking for news you can trust?Subscribe to our free newsletters. This story was originally published by ProPublica in collaboration with the New York Times. Sheila Katz was a young executive at Hillel International, the Jewish…
Jared Kushner and Ivanka Trump Continue to Use Unofficial Communications for Government Business
ZUMA Looking for news you can trust?Subscribe to our free newsletters. House Democrats are demanding further details after a lawyer for Jared Kushner and Ivanka Trump confirmed that Kushner, a senior White House adviser and the president’s son-in-law, relies on unofficial communications, such as the encrypted messaging service WhatsApp, to carry out government business. Abbe Lowell,…
Fed Projects Growth of 2.1% This Year
Looking for news you can trust?Subscribe to our free newsletters. Here is the Federal Reserve’s latest projection for economic growth over the rest of Donald Trump’s presidency: Trump is the only human being on the planet who believes that growth will be over 3 percent this year. It’s true that his staffers are playing along,…
The Hidden Catastrophe of the Midwest’s Floods
Looking for news you can trust?Subscribe to our free newsletters. After “bomb cyclone” storms hit the Midwest last week, large swaths of Nebraska, Iowa, and Missouri farmland are stricken with floods. “Baby calves were swept into freezing floodwaters, washing up dead along the banks of swollen rivers,” the New York Times reported from the ground in…