State Rep. Mark Ferrandino and Sen. Chris Romer are announcing legislation targeting payday loans. Consumers taking out payday loans give the lender a postdated check for the amount of the loan plus a fee. The lender holds the check for about two weeks, when the money is repaid or the check is cashed. Colorado caps finance fees at 20 percent of the loan for the first $300, then an additional 7.5 … Continue...

A sweeping credit card law that takes effect Monday was supposed to prevent banks from employing tactics that yanked borrowers deeper into debt. Yet an array of loans and cards with crushing terms still beckons from every corner. Go here to read the rest: Despite reforms, costly loans and cards remain (Louisville Courier-Journal)

A multi-million dollar complex has been proposed to attract world-class horse events in outback Queensland. Read this article: Outback Qld musters support for entertainment centre (ABC via Yahoo!7 News)

PASSENGERS will be able to travel on the tram line extension to the Entertainment Centre within weeks, with final testing under way. See original here: Next stop – the Entertainment Centre (Adelaide Now)

Stinson Seafood Company is America’s last remaining sardine cannery — but it will soon go out of business. Strict federal limits on the amount of herring that can be caught is turning the business into a money losing venture. Host Guy Raz speaks to Stinson Seafood plant manager Peter Coleson of Prospect Harbor, Maine, about the company’s history and demise. Go here to read the rest: America’s...

Howard: We have unfinished business View original post here: Howard: We have unfinished business (Major League Baseball)