Chicago's ShoreBank is under new management. The community bank served the undeserved community for years. Dory Rand, president of the Woodstock Institute, talks with Steve Chiotakis about the significance of the bank for its customers and what will happen to it now.
New credit card rules are kicking in. Banks will no longer be able to charge you an "inactivity fee" when you don't use your card. There are also new limits on late fees. And it sounds like great news for credit card users, except for one thing. Amy Scott reports.
Recently, the town of Tuscumbia, Mo., celebrated the completion of a two-lane bridge. The nearly $9 million-dollar structure has been billed as the first completed project funded by the stimulus bill. Some there say it's bloated government spending. But the locals seem to like it. David Weinberg reports.
Gulf of Mexico residents impacted by the BP rig explosion will be able to ask for compensation now that the company's $20 billion fund is open. Amy Scott reports some people already say the rules aren't fair.
It's been a month since President Obama signed the financial regulatory reform that created the Consumer Financial Protection Bureau. The administration has yet to nominate a director. Some advocates for one of the leading candidates for the job, Elizabeth Warren, see sexism at play. John Dimsdale reports.
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