Venezuela. With skyrocketing food prices and an economy in freefall malnutrition hits the countrys most vulnerable citizens. And where lowincome americans go when they dont have bank accounts. Making sense of the multi billion dollar industry that is still largely unregulated. Whats interesting is that even my boss at the payday lender said, payday is a lousy product but were filling a need that nobody else will fill. Sreenivasan all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by and by the alfred p. Sloan foundation. Supporting science, technology, ad improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by
Venezuela. With skyrocketing food prices and an economy in freefall malnutrition hits the countrys most vulnerable citizens. And where lowincome americans go when they dont have bank accounts. Making sense of the multi billion dollar industry that is still largely unregulated. Whats interesting is that even my boss at the payday lender said, payday is a lousy product but were filling a need that nobody else will fill. Sreenivasan all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by and by the alfred p. Sloan foundation. Supporting science, technology, ad improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by
Chrisnew jersey governor christie spoke emotionally about the problem during his president ial campaign and will lead the commission. U. S. Ambassador to the United Nations nikki haley is accusing the organization of partnering with what she called a corrupt government in congo. The ambassador also says she supports a massive cut in the Worlds Largest peacekeeping mission. She spoke today at the council on or in relations in new york. Global news 24 hours a day powered by more than 2600 in oversts and analysts 120 countries. Im mark crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, im scarlet fu. And im joe weisenthal. We are 30 minutes from the close of trading in the u. S. Brexit begins. Prime minister theresa may normally begins the process of exiting the European Union, and unprecedented cap that will reshape its relationship with its closest allies and unprecedented path. Or more from top fed officials over the next couple. F days we will hea
How the new middle class survived. And lisa thank you for being here. Thank for having me. great to be here. Who did you write the book for . I wrote the book in a nutshell because i could not understand originally why if alternative Services Like check cashers and pay day lenders were so bad for people, why so many people were using them and in the course of my research, which took a few years, i learned that banks were not really serving the low the low and increasingly the middle class and i also realized that there were some good alternatives coming on board and i wanted to tell that story. The first book i wrote thats not an academic book, its for wider audiences. I wrote it for policy makers, for people who are working in the Financial Services industry and also for people like you and me, who may or may not be happy with the consumer Financial Services that theyre currently using. Great. Lets talk a little about what you mean by alternative Financial Services providers. So, lets
O, say, can you see, by the dawns early light, what so proudly we haild at the twilights last gleaming . Whose broad stripes and bright stars, thro the perilous fight, oer the ramparts we watchd, were so gallantly streaming . And the rockets red glare, the bombs bursting in air, gave proof thro the night that our flag was still there. O say, does that starspangled banner yet wave oer the land of the free and the home of the brave . [applause] the home of the brave [applause] soledad that was beautiful. It was Francis Scott key who gave us the anthem. But that rendition was full of the soul of the city. We all know what it means to miss new orleans. We all know too well. As the floodwaters rose, so they also fell. We are living in rebirth and rejuvenation. Presenting tonights sponsor the rockefeller center. A round of applause. [applause] this extremely generous organization has provided support to Committee Groups throughout the storm. They stop by for the decade after. The Rockefeller