But now, a pair of predatory lenders, Enova and Opportunity Financial (OppFi) listed on the New York Stock Exchange, have turned to a different approach for continued exploitation of the nation’s working poor: becoming a bank.
Browsing: Business
Predatory lenders target people struggling to meet monthly expenses, who have recently lost their jobs, and who are denied access to a wider range of credit options for illegal reasons, such as discrimination based on a lack of education or older age.
The U.S. Department of Education finalized a rework of the federal student loan system on Thursday (April 30), in compliance with President Donald Trump’s Working Families Tax Cuts Act, signed into law on July 4, 2025.
As the nonprofit sector has passed the first quarter of 2026, the operating environment has grown more complex, not necessarily because challenges are new, but because they are intensifying and intersecting in new ways. Workforce shortages persist, funding patterns remain uneven, and artificial intelligence is rapidly reshaping both opportunity and risk.
A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so was scheduled to launch Monday.
As state and local governments move through 2026 financial reporting cycles, GASB Statement No. 103 is no longer just on the horizon, it is here. Effective for fiscal years beginning after June 15, 2025, the standard now applies to June 30, 2026 year ends, making this the first widespread implementation year for many governments.
Some companies pay employees weekly. Others pay twice a month. Every other week is also popular. Company policies, industry traditions, and state and federal regulations all play a role in choices. Usually everything works out for everyone, but 2026 is special. Thanks to a rare calendar quirk, every-other-week companies are facing some hard choices.
A new investigative report, RENT NOW, PAIN LATER: How “Rent Now, Pay Later Loans” Put Working People at Risk, shares how these lenders are pushing loan products that involve hidden high costs, misleading claims and deceptive practices that push already-underpaid workers further into debt. Further, the fine print in these loans builds in abuses that deny consumers a legal right to challenge the fraudulent practices or to recover their hard-earned monies.
Leading employees is a major responsibility, and not everyone is a born leader. For most people, it takes time, patience, practice and support from your own manager. If you have been promoted within your company, you are already familiar with how things work and who the players are. If you are new to the company, it will take you time to learn the ropes. The best way to do this is to observe and then act accordingly. In both scenarios, you will need to understand the organizational structure, how your team fits into the whole and what relationships you will need to develop within the company to make your team succeed.
Beginning January 1, 2026, certain higher‑earning employees who make catch‑up contributions to employer‑sponsored retirement plans (e.g., 401(k), 403(b), governmental 457(b)) must make those catch‑up contributions on a Roth (after‑tax) basis. This requirement comes from SECURE 2.0 Act §603 and is now fully clarified through final IRS regulations issued in September 2025.