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Category: wall street

How the Story of Soccer Became the Story of Everything

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.One afternoon last October, thousands of fans began gathering outside St. James’ Park, the 130-year-old home of the English soccer club Newcastle United, to celebrate a new beginning. Some sported the club’s traditional black-and-white striped jerseys. Others toted cases…

Trump to Payday Lenders: Let’s Rip America Off Again

A cash advance provider in Orpington, Kent, UKGrant Falvey/London News Pictures/Zuma When South Dakotans voted 3–to–1 to ban payday loans, they must have hoped it would stick. Interest on the predatory cash advances averaged an eye-popping 652 percent—borrow a dollar, owe $6.50—until the state axed them in 2016, capping rates at a fraction of that in…