Elizabeth McNichol

October 6, 2017

New rule released to combat payday loans

The federal consumer watchdog agency finalized long-awaited rules Thursday aimed at reining in predatory payday lenders that provide short-term, high-interest loans to the financially vulnerable.

Number of the Day

Number of the Day 9.5 million:  Number of additional children who would be living in poverty if the poverty rate had remained unchanged since 1967. (Source: CBPP)
March 31, 2017

CATerwauling on tax reform

Gov. John Bel Edwards released his tax plan on Wednesday, which is aimed at replacing $1.4 billion in revenue that falls off the books in 2018 while making Louisiana’s revenue structure more fair and predictable.

Number of the Day

46 - Percentage of Louisiana residents who think the state is heading in the right direction, compared to 40 percent who think we’re headed the wrong way. Louisianans are more optimistic than at any time since 2012 (Source: Louisiana Survey)