Economy

The Military Lending Act caps annual interest on loans to military members at 36% and offers other safeguards. Now, lawmakers are proposing to extend that protection to veterans and others.

A Ban On High-Cost Loans May Be Coming

12:46pm November 07, 2019

by Chris Arnold

Some payday loans carry interest rates of 100% or more. The Military Lending Act limits rates on loans to service members. Now, a bipartisan bill aims to extend that protection to all Americans.

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Economy

Winston-Salem Shows Promising Job Growth Numbers

5:00am November 06, 2019

by Eddie Garcia

Numbers from the Bureau of Labor Statistics show that Winston-Salem has higher job growth than so

Most Of Nation's Top Public Universities Aren't Affordable For Low-Income Students

10:47am November 05, 2019

by Alexis Marshall

Public flagship universities are critical for low-income students because they serve as engines for upward mobility. But a new report finds they're often out of reach financially.

The Opium Cycle

7:02am November 05, 2019

by Darian Woods

There is a pattern that has repeated itself throughout the history of the opium trade.

A sales clerk speaks with a customer in front of Microsoft Corp.'s display at an electronics store in Tokyo. Microsoft's division in Japan says it saw productivity grow by 40% after allowing employees to work for four days a week rather than five.

Microsoft Japan Says 4-Day Workweek Boosted Workers' Productivity By 40%

6:12pm November 04, 2019

by Bill Chappell

Employees at Microsoft Japan worked four days a week, enjoyed a three-day weekend — and got their normal, five-day paycheck. As part of the trial, the company also capped meetings at 30 minutes.

President Trump Awards Medal Of Honor To U.S. Army Master Sgt Matthew Williams

The State We're In: Democracy Edition

1:39pm November 04, 2019

About a quarter of the American public doesn't buy into key aspects of democracy, according to a recent survey.

Donald Trump Sign Bill Eliminating Regulations On The Mining Industry

What Are Coal Companies Leaving Behind In Texas?

1:39pm November 04, 2019

As coal companies attempt to raise revenues and cut costs, a Texas Tribune and Grist investigation looked into the consequences of jump-starting the industry.

Apple CEO Tim Cook and California Gov. Gavin Newsom unveiled the tech company's plan to help ease the housing crisis, with Apple pledging $2.5 billion for mortgages, development and other initiatives.

Apple Pledges $2.5 Billion To Combat California's Housing Crisis

10:45am November 04, 2019

by Bill Chappell

The plan includes $1 billion for a mortgage assistance fund for first-time homebuyers in the state, and $1 billion for an open line of credit to develop "very low- to moderate-income housing."

Workers assemble engines along the line at a General Motors plant in Spring Hill, Tenn. A nationwide strike by the United Automobile Workers at GM plants didn't hurt U.S. job growth in October.

Economy

Job Market Resilient In October Despite GM Strike, Beating Expectations

4:54pm November 01, 2019

by Scott Horsley

U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6%. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.

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Laura Hart says that if she had gotten a five-year loan instead of a seven-year loan, she wouldn't have let the dealer talk her into buying an extended warranty, and maybe she would have bought a less expensive car.

Economy

The 7-Year Car Loan: Watch Your Wallet

3:29pm October 31, 2019

by Chris Arnold

Americans are buying more expensive cars — nearly $38,000 for new cars, on average. And longer-term loans are enabling many people to make the payments, but at a cost.