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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...

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Suggestions 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...

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Credit 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/...

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CyberSecurity 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...

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Update 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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CFPB Proposes Interpretive Rule to Ensure Workers Know the Costs and Fees of Paycheck Advance Products

  • August 22, 2024

The Consumer Financial Protection Bureau (CFPB) today an interpretive rule explaining that many paycheck advance products, sometimes marketed as “earned wage” products, are consumer loans subject to the Truth in Lending Act. The guidance will ensure that lenders understand their legal obligations to disclose the...

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Non-Compete Rule

  • August 15, 2024

Under the final Noncompete Rule, the FTC adopts a comprehensive ban on new noncompetes with all workers, including senior executives.Source: https://www.ftc.gov/legal-library/browse/rules/noncompete-rule...

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Tax Considerations for Digital Nomads

  • August 08, 2024

In this article, you can explore the world of digital nomad visas, offering a comprehensive guide for human resource and mobility program managers. Discover the countries that now embrace this concept, delve into the complexities of income and social security tax implications, and shed light...

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10 Ways To Improve Your Cash Flow

  • August 01, 2024

If you want to improve cash flow, think about implementing some the following strategies found at the link below.Source: https://www.investopedia.com/articles/personal-finance/061215/10-ways-improve-cash-flow.asp...

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Cash Flow: What It Is, How It Works, and How to Analyze It

  • July 25, 2024

Cash flow is the movement of money in and out of a company. Check out more details at the link below.Source: https://www.investopedia.com/terms/c/cashflow.asp...

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