SPM

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)
September 14, 2017

Louisiana families continue to struggle

The poverty rate in Louisiana for adults and children remained unacceptably high in 2016 even as other states saw significant improvements. New U.S. Census data released Thursday also show that Louisiana continues to have one of the highest rates of income inequality in the United States.