Month: September 2024
Consumer Payment Choices
- September 26, 2024
Federal Reserve Financial Services’ FedCash® Services released the annual Diary of Consumer Payment Choice (PDF) report from its ongoing research into the payment habits of the U.S. population.Source: https://www.frbservices.org/news/research/2024-findings-from-the-diary-of-consumer-payment-choice...
Read moreSuggestions for Older Adults to Avoid Financial Scams
- September 19, 2024
Financial fraud and exploitation is one of the most prevalent types of elder abuse, and a report from the Federal Bureau of Investigation’s Internet Crime Report estimates that the annual loss to victims aged 60 years and older in the United States is assessed to...
Read moreCredit Card Debt Hits Record $1.4 Trillion
- September 12, 2024
The latest data from the Federal Reserve Bank of New York shows credit card debt increased by $27 billion in the second quarter of this year, up 5.8%. The increase puts Americans’ credit card debt at a record $1.14 trillion.Source: https://www.creditandcollectionnews.com/credit-card-debt-just-hit-a-record-1-14-trillion/...
Read moreCyberSecurity for Small Businesses
- September 05, 2024
Learn the basics for protecting your business from cyber attacks.Source: https://www.ftc.gov/business-guidance/small-businesses/cybersecurity...
Read moreUpdate on Non-Competes: Judge Overrules
- September 03, 2024
A Texas federal judge permanently barred the implementation of a controversial Federal Trade Commission (FTC) regulation that would have invalidated tens of millions of existing non-compete agreements and precluded the adoption of new covenants.Source: https://www.employmentlawworldview.com/ftc-non-compete-ban-enjoined-nationwide-us/...
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