PayPal said it has applied for approval to form PayPal Bank, a move that would allow it to offer loans to small businesses and expand its financial services.
Ted Rossman, senior industry analyst of credit cards with Bankrate.com, joined Cheddar News to discuss ways to ask for help from friends or family if you're strapped for cash and what to do if you're asked for money from them.
Wall Street is shaky Thursday as investors consider both the upsides and downsides of the latest signals that the U.S. economy remains in much better shape than feared.