Regulators are warning some of the nation's largest banks to stop offering loans that are hard to distinguish from those given out by storefront payday lenders. The banks have been offering high-interest-rate, short-term loans to customers with direct deposit as an advance on their paychecks.
Spain's jobless rate has exceeded even the most dire predictions. As Prime Minister Mariano Rajoy prepares to release a slate of economic changes, Spaniards are hoping he will heed their calls for mercy after years of budget cuts and austerity.
Never mind the big-budget NASA satellites. A team of young engineers has tricked out a few off-the-shelf cellphones and sent them to space. The smartphones are already above us, sending images and data back to ham radio operators on Earth.
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