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PBS News Hour
Fighting the debt trap of triple-digit interest rate loans
Payday loans are supposed to be a short-term quick fix for those who can't get traditional credit. But the loans are rarely actually short-term, and borrowers frequently need to take out a second loan to pay off the first. Special correspondent Andrew Schmertz reports from South Dakota, where some state lawmakers are trying to cap triple-digit interest rates that many struggle to pay.
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Friday on the NewsHour, President Biden's agenda stalls in Congress amid disagreements among democrats over his $3.5 trillion spending plan.
57:46
Monday on the NewsHour, U.S. Secretary of State Antony Blinken faces congressional scrutiny over the U.S. withdrawal from Afghanistan.
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Thursday on the NewsHour, the Taliban orders an end to all protests as they finally allow the departure of some 200 American citizens from Afghanistan.
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Monday on the NewsHour, the Gulf Coast and Northeast continue to assess the damage in the wake of Ida's massive storm damage and flooding.
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Tuesday on the Newshour, President Joe Biden defends the U.S. exit as the Taliban celebrate their return to power in Afghanistan.
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Thursday on the NewsHour, one of the deadliest days for Americans in Afghanistan in a decade after suicide bombings at Kabul's airport.
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Tuesday on the NewsHour, the U.S. negotiates with the Taliban to secure "safe passage" of civilians leaving the country.
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Friday on the NewsHour, the latest jobs report shows a strong labor market and a falling unemployment rate.
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Tuesday on the NewsHour, New York's attorney general finds Gov. Andrew Cuomo sexually harassed multiple women as he denies the claims.
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"PBS NewsHour" examines the massive infrastructure legislation deal reached by a bipartisan group of senators.