The decision to nationalize an entire industry is one that you'll very rarely see a U.S. politician make. But the U.S. did it in 2010, with student lending. From that year onward, rather than the federal government guaranteeing loans from private lenders, it just made the loans directly itself.
Why it matters: The outcome says a lot about the pros and cons of nationalization.
Donating money to charity is good and worthy. But should nonprofits encourage you to go into debt in order to do so? A new VC-funded company, BGenerous, says the answer is yes.
Why it matters: Hundreds of thousands of charities around the country rely on small-dollar donations from a broad range of individuals. As those donations move from physical checks to online pledges, BGenerous has decided to apply the buy-now-pay-later playbook to them. They call it "donate now, pay later."
It can take as little as under a minute to steal some Hyundai and Kia models, and it's happening all across the country.
Why it matters: The widespread problem is attributed to design flaws in the cars, forcing owners to resort — for now — to an old-fashioned steering wheel lock if they want to keep their vehicles safe.
