PROFILE
FROM Joshua Brustein
Rejecting Apple Pay It’s been one week since the launch of Apple’s new mobile payment app, the appropriately named Apple Pay. But some retailers didn’t get the memo: CVS and Rite-Aid have both rejected Apple Pay, along with Google Wallet and other mobile payment apps. Wal-Mart, meanwhile, is planning its own mobile payment technology. What’s in store for consumers?
Could the Post Office Be a Bank for the Poor? With almost no banks in their neighborhoods, 68 million Americans don't have checking or savings accounts. Fees to pay-day lenders and other financial predators cost some 10% of their incomes. That's according to the Inspector General of the Postal Service , who says his agency may have a solution. With three fifths of all post offices in ZIP codes with only one bank or no banks at all, the Postal Service is well positioned to provide such financial services. The banking industry doesn't like it.
Recommended
How do Trump supporters feel about the Paris Accord? Globally and around the U.S., there are strong opinions whether or not the Paris Climate Accord is a good idea. The American exit is either a horrifying abdication of American leadership or a forceful and long overdue statement about U.S. sovereignty.
Hua Hsu: A Floating Chinaman Author Hua Hsu stops by to discuss his book A Floating Chinaman, recounting the life of 1930's actor/writer H.T. Tsiang and his struggles entering the American literary world.
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.
Previewing James Comey's blockbuster testimony Former FBI director James Comey testifies Thursday in front of the Senate Intelligence Committee, but his opening statement has been released. In it, he says he felt pressured by Donald Trump to declare loyalty to him and publicly clear him of any wrongdoing in the Russia investigation.