The head of Minneapolis-based U.S. Bancorp warns that he might have to lay off some of his employees if interest rates don’t start climbing later this year. Chairman and CEO Richard Davis made that comment at a conference this week.
A number of community leaders came together Tuesday to speak out against what they call predatory loans that target the poor. The group held a protest outside a Payday America in Minneapolis, where they accused payday lenders of charging unreasonably-high interest rates and fees for emergency loans.
Will Wall Street’s winning streak continue in the new year? Click the link to listen to the podcast!
Jill Schlesinger, CBS News Business analyst and host of WCCO Radio’s Jill on Money program
Pressure is building for thousands of college students who could soon be paying more for school loans — a lot more, if Congress doesn’t act soon.
Personal finance expert Jordan Goodman joined Dave Lee on the WCCO Morning News Tuesday.
Rebecca Jarvis joined Dave Lee on the WCCO Morning News to talk about the Fed Reserve plan for interest rates, and the new Apple IPhone 5.
CBS Moneywatch editor at large Jill Schlesinger joined Dave Lee to preview the week ahead on Wall Street