Why the Working Poor and Banks Are a Bad Match

Check cashing businesses serve their customers better

Many minimum wage workers have no bank account, and rely on check cashing offices to get cash, pay bills and wire money to relatives abroad. Contrary to what social scientists believe, these workers prefer check cashing services over banks, because banks do not offer them the services they need, a …

Image of the infant universe created from nine years of WMAP data. The image reveals 13.77 billion year old temperature fluctuations (shown as color differences) that correspond to the seeds that grew to become the galaxies.