Bloomberg: BB&T and SunTrust pick a new name for post-merger bank: Truist
Chase, Bank of America, Wells Fargo … Truist.
Bloomberg: BB&T and SunTrust pick a new name for post-merger bank: Truist Read More »
A curated collection of links to news, analysis, trends, ideas and views from elsewhere.
Chase, Bank of America, Wells Fargo … Truist.
Bloomberg: BB&T and SunTrust pick a new name for post-merger bank: Truist Read More »
In a stealth aftershock of the Great Recession, nearly 100,000 loans that allowed senior citizens to tap into their home equity have failed, blindsiding elderly borrowers and their families and dragging down property values in their neighborhoods.
Low-income Americans who take advantage of government safety net programs could be affected by a number of proposed rules and actions in areas such as housing, food aid, overtime and immigration.
NPR: Trump wants to limit aid for low-income Americans. A look at his proposals Read More »
A decade after reckless home lending nearly destroyed the financial system, the business of making risky loans is back.
The New York Times: Risky borrowing is making a comeback, but banks are on the sideline Read More »
For three days this week, University of Chicago graduate students went on strike to demand the school voluntarily recognize their union.
Hundreds of people turned out to protest, chanting “recognize our election” and holding signs with slogans like “Workers’ Rights are Human Rights.”
NBC News: The latest campus battle: Graduate students are fighting to unionize Read More »
Oracle and the Handpulled Noodle would seem to have little in common. One is a multibillion-dollar software company in Silicon Valley with tens of thousands of employees all over the world. The other is a small Harlem spot that serves Chinese comfort food and is known for its tasty dumplings.
A lack of diversity in the highest ranks of the Trump-era Treasury Department is a microcosm of challenges across the administration.
Politico: ‘That is f—ing frightening’: Treasury’s top brass is white, male and wealthy Read More »
Like many rich Americans, I used to think educational investment could heal the country’s ills—but I was wrong. Fighting inequality must come first.
The Atlantic: Better schools won’t fix America Read More »
When new figures released last night showed a jarring rise in homelessness around Los Angeles, the response throughout Southern California was shock and indignation.
The reaction from the crowded field of Democratic presidential candidates: silence.
“Your neighborhood shouldn’t influence your odds of seeing your grandchildren grow up,” says a researcher for NYU’s new analysis of City Health Dashboard data.
City Lab: Life expectancy is associated with segregation in U.S. cities Read More »
The decennial census, which aims to count every US resident each decade, is critical to our democracy. It affects congressional seats and funding decisions at every level of government.
Urban: 2020 Census – Who’s at risk for being miscounted? Read More »
JPMorgan Chase is trying to require its credit card customers to go into private arbitration to settle disputes — even if they involve an older account — by reintroducing provisions it dropped a decade ago.
The New York Times: JPMorgan Chase seeks to prohibit card customers from suing Read More »
There’s a fierce argument about housing affordability and supply that’s raging in the urbanist community. The big question: Does building “luxury” (or market rate) housing in wealthy neighborhoods free up more housing for everyone? Advocates in the “Yes In My Backyard” (YIMBY) movement say it does; others are more skeptical.
Citylab: How luxury units turn into affordable housing Read More »
At the Trump Doral outside Miami, payday lenders celebrated the potential death of a rule intended to protect their customers. They couldn’t have done it without President Donald Trump and his latest deregulator, Kathleen Kraninger.
ProPublica: How payday lenders spent $1 million at a Trump resort — and cashed in Read More »
New research from the US government discredits the narrative that welfare makes people lazy and is a drain on the US economy. Researchers found that every $22,000 in tax dollars spent on food stamps between 2001 to 2014 created about one job.
Vox: Food stamps helped lift the US economy out of the Great Recession Read More »