Consumer advocates call them "debt" traps. The banks that offer them call them direct-deposit advances and describe them as available funds for short-term emergencies.
But the cash advances have many of the negative characteristics of payday loans. And on Thursday, U.S. bank regulators took a step toward protecting consumers from the risks they pose. The regulators proposed standards for "deposit-advance products."
Dad Country is the ersatz debut of Jonny Fritz, but it's actually his third album: He recorded the first two under the name Jonny Corndawg. I enjoyed his 2011 album Down on the Bikini Line, but it's so much slighter, so much sillier and more risqué, that at first I didn't connect the two. From the new album's first seconds, Jonny Fritz sounds more intense and pained.
The U.S. military and law enforcement agencies have seen increased public scrutiny on the domestic use of the robotically piloted planes known as drones. Working on the sidelines of this debate, the U.S. Geological Survey has been trying to find a second life for retired military drones in the areas of environmental and wildlife management. Instead of watching the battlefield, these drones are watching birds.