Trump’s Consumer Agency Announces Plan to Let Predatory Lenders Off the Hook
stevanovicigor/Getty Looking for news you can trust?Subscribe to our free newsletters. Late on Tuesday, the Consumer Financial Protection Bureau (CFPB) announced that it is planning to “reconsider” the Payday Rule, an Obama-era rule that created the first federal restrictions on payday loans. The rule takes aim at predatory practices by payday lenders—companies which give out high-interest loans and disproportionately…
Immigration Negotiations Have Gone Off the Deep End
Anik Rahman/NurPhoto via ZUMA Looking for news you can trust?Subscribe to our free newsletters. Let’s talk immigration for a bit. It’s gone completely cuckoo. I realize that this is all due to politics of various stripes, but let’s stop for a minute and look just at the policy. It all started when President Trump killed…
White House Physician: Trump’s Cognitive Exam Came Back “Normal”
Looking for news you can trust?Subscribe to our free newsletters. President Donald Trump did “exceedingly well” on a cognitive examination during his annual physical, White House physician Admiral Ronny Jackson said Tuesday. The president, Jackson declared during a White House press briefing, is in “excellent health.” Jackson told reporters during a press briefing that the cognitive exams were conducted at…
The Stock Market Is on a Tear
Looking for news you can trust?Subscribe to our free newsletters. Let’s just finish up with all the charts I have today, OK? Then I’ll go to lunch, and maybe I’ll come back with some ideas for less analytical posts. The stock market has gone crackers this month. Here’s the growth rate of the S&P 500…
Renewable Energy Is Kicking Ass in Colorado
Looking for news you can trust?Subscribe to our free newsletters. I’ve got nothing but charts for you today. Sorry about that. But I might as well get them out of my system. Here’s one that Dave Roberts is excited about. It shows the average bid response to a request for new power plants from Colorado’s…
It’s Been 50 Years Since MLK Jr. Declared War on Poverty. The Economy for Black Americans Still Stinks
Horace Cort/AP Photo Looking for news you can trust?Subscribe to our free newsletters. As Americans reflect on the first Martin Luther King Jr. Day of the Trump administration and prepare for the fiftieth anniversary of his assassination, it’s as good a time as any to measure our world against the one Dr. King dared us…