The payroll advance industry is under
investigation by New York's financial regulator and other states
over whether its companies are charging usurious interest rates
and engaging in potential violations of payday lending laws, the
regulator said on Tuesday.
Australian shares are set to open higher
on Wednesday, tracking a recovery on Wall Street after a sharp
sell-off in the previous session, as China's efforts to
stabilize the yuan alleviated fears of a possible currency war
between the world's two largest economies.
The local share...
President Donald Trump dismissed fears of a protracted trade war
with China on Tuesday despite a warning from Beijing that
labeling it a currency manipulator would have severe
consequences for the global financial order.