And that legacy means a worker can be paid as little as $2.13 an hour at the federal level.
Econ Extra Credit newsletter #166
The practice dates back to the federal bailout in the 2000s.
Islamic finance offers alternatives to conventional loans and mortgages to comply with a religious prohibition on interest, which is seen as financial exploitation.
So far, the UAW is holding a limited strike at three plants across three states.
Students will pay 6% more every year for five years starting in 2024.
Bright HealthCare and Friday Health Plans were part of a new class of health insurance startups, but both have imploded in recent months.
Much attention is paid to younger borrowers, and rightfully so. But some 3.5 million Americans 60 and older hold substantial debt.
Another example of inflation caused by the pandemic.
The Economist’s Charlotte Howard explains why companies aren’t doing more to prepare for business risks posed by climate change.
