One industry thriving with rising inflation? Payday lenders.
As prices continue to surge, but the labor market remains tight, there is one industry that appears to be performing well.
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loans
Federal Reserve expands lending program to nonprofit groups
The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations. The Fed said Friday that its Main Street Lending Program, which is targeted to mid-sized businesses and can lend up to $600 billion, will soon extend credit to...
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