The Arizona house voted to approve a measure raising maximun interests at pawn shops from 13% to 20%, an average annual increase of 240%. The bill's sponsor says it is designed to promote transparency between pawn shops and consumers. The bill will be sent to the Arizona senate to be debated and voted on. 

The Amherst County Board of Executives voted 3-0 to approve a new pawn shop in the county. Riverside Pawn Company will be the only pawn shop in the Madison Heights neighborhood. The pawn shop will take over a lot vacated by an old Blockbuster. 

Forbes
According to a study from the TIAA Institute and the Global Financial Literacy Excellence Center at George Washington University, 43 percent of adults 18 to 37 used payday lenders, pawn shops and the like in 2018, compared to just 26 percent for the same age group in 2009.

Hartford Courant
Steven Kagey, 29, is accused of making up his account of being robbed at gunpoint last month at Winsted Pawn and Jewelry.

Stocks rose in early trading on Wall Street Monday following a seven-day rout brought on by worries that the spreading coronavirus outbreak will stunt the global economy.