Bibb commissioners vote to approve moratoriums for pawn shops, liquor stores

The moratorium on pawn shops is for up to 6 months while the ban on new liquor stores is indefinite.

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Biden selects Gensler for SEC chair, Rohit Chopra to lead CFPB

From TheHill.com: Biden selects Gensler for SEC chair, Rohit Chopra to lead CFPB Read more at TheHill.com: President-elect Joe Biden has chosen two veteran regulators to lead the Securities and Exchange Commission (SEC) and the Consumer Financial Protection Bureau (CFPB). Biden will nominate former…

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From Fortune.com: Women accounted for 100% of the 140,000 jobs shed by the U.S. economy in December

From Fortune.com: Women accounted for all of U.S. job losses in December, dramatically underscoring the pandemic's unrelentingly disastrous impact on working women. Actually, it's even worse than that: Technically, women accounted for more than 111% of jobs lost last month. The U.S.…

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Macon pawn shop owner says they’re an asset to law enforcement

From WGXA: A pawn investigator with the Bibb County Sheriff's office says over the years, pawn shops have been helpful in getting stolen items off of the street. State law requires that the shops submit a list of all of the items they…

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Consumers, Flush With Stimulus Money, Shun Credit-Card Debt

Rather than rising as expected when unemployment soared amid coronavirus lockdowns, credit-card debt in the U.S. and other advanced economies has dropped. From Wall Street Journal: When unemployment soared this spring at the start of coronavirus lockdowns, credit-card debt and delinquencies were widely…

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From Vox: It’s easy to assume pawnshops are doing great in the pandemic. It’s also wrong.

Pawnshops are a longtime fixture in the capitalist economy — one pawnbroker told me pawning is the second-oldest industry in the world. (He asked me if I knew what the oldest was; I assured him I did.) But they remain relatively misunderstood…

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