News

2019

June

14

• Sallie Mae is expanding from student loans to credit cards. Sallie Mae, the student loan provider once sponsored by the government, is expanding into credit cards. The company this month unveiled a suite of three credit cards aimed at college students, recent graduates

• Sen. Warren to cancel up to $50k in student debt for most borrowers. Elizabeth Warren’s proposal to cancel student debt will soon be one step closer to reality — even if she doesn’t become president.

13

• Social Security is staring at its first real shortfall in decades. Next year, for the first time since 1982, the program must start drawing down its assets in order to pay retirees all of the benefits they have been promised, according to the latest government projections. Unless

• Florida company sued over sale of skimpy health plans. Consumers say they believed they were purchasing Affordable Care Act plans that include coverage guarantees. But they were sold much less comprehensive coverage that left them vulnerable to tens of thousands of dollars in unpaid

• Zuckerberg knew of ‘problematic’ privacy practices. Facebook Inc. uncovered emails that seem to show Chief Executive Mark Zuckerberg was aware of potentially problematic privacy practices at the company, the Wall Street Journal reported, citing people familiar with the matter. The FTC

• Where 20 years of child online protection law went wrong. Two decades after Congress tried to wall off the worst of the Internet in hopes of protecting the privacy and innocence of children, the ramparts lie in ruins. Sex, drugs, violence, hate speech, conspiracy theories

• AI researchers race to detect ‘deepfake’ videos. Top artificial-intelligence researchers across the country are racing to defuse an extraordinary political weapon: computer-generated fake videos that could undermine candidates and mislead voters during the 2020 presidential campaign.  And they have a message: We

12

• Help is almost here for retirement savers. With overwhelming bipartisan support and little public attention, the House of Representatives recently passed the most significant reforms to individual retirement accounts in more than a decade. But while support in the Senate is also

• Landmark deal reached on NY rent protections. Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York’s rent laws and tenant protections, seeking to address concern about housing costs that is helping drive the

• States sue over Sprint, T-Mobile merger. A $26 billion T-mobile/Sprint merger deal seemed to be moving forward in recent weeks, when the head of the Federal Communications Commission gave it his blessing. But on Tuesday, the plan hit a roadblock when

• Chase prueba su nuevo concepto de sucursal bancaria en Harlem. En la era de la tecnologías de las finanzas e Internet no obstante la red de sucursales en mercados sociales sigue siendo básica para las entidades bancarias por que dan confianza

11

• Bankruptcy bill to wipe out borrowers' student loan debt. Pointing to the 44 million Americans who owe more than $1.5 trillion in student loan debt, Illinois Sen. Dick Durbin on Monday pushed for legislation that would wipe away a student loan borrower's debt if they

10

• 16.000 personas en L.A viven en su auto, pero los estacionamientos seguros siguen siendo escasos. Hace dos años, Los Ángeles comenzó a probar una alternativa a los refugios para personas sin hogar, llamada estacionamiento seguro, que les da a quienes viven en sus automóviles

• Los precios de la gasolina se abaratan antes de iniciar el verano. Una semana más y el precio podría caer en un promedio de 16 centavos por galón en todo el país. Si llenas el tanque de una 

09

• Para los californianos, el sueño dorado depende de dónde vivas y cuánto ganes. El gobernador Gavin Newsom fanfarroneó en la convención del Partido Demócrata de California del mes pasado al insistir en que ningún estado ofrece más promesas

• Cómo mejorar el puntaje crediticio antes de comprar una casa. Estoy tratando de comprar mi primera casa. Tengo un pago inicial del 20% para el rango de precios que busco. El problema es que mi crédito es relativamente nuevo, y mi puntaje no es

08

• Consumer watchdog delays payday lending rule. The U.S. Consumer Financial Protection Bureau said it is once again extending the compliance date for an ability-to-repay provision of a rule cracking down on payday lenders. Payday firms will now have until Nov. 19, 2020

07

• Maine's strict new internet privacy protection. The new law, which goes into effect on July 1, 2020, would require internet service providers to ask for permission before they sell or share any of their customers’ data to a third party. The law

• A financial checklist for your newly minted high school graduate. If you want to set your child up properly for college, work, military service and the years beyond, there are several things you ought to do, help them do or teach them before too long.

06

• Chase: Arbitration's ‘better' for consumers. Nope, say researchers. JPMorgan Chase is notifying more than 40 million credit card holders that from now on they’ll have to arbitrate any disputes, forgoing the option of filing a lawsuit or joining class-action suits. Although an