Credit unions are among the few institutions where consumers can go to save on fees and interest rates for different banking services and loans. These not-for-profit cooperative financial institutions are owned by their members and return profits to them in the form of such savings. But a bipartisan bill first introduced in the U.S. Senate in 2022 could impact the ability of credit unions to provide those benefits, according to some opponents of the measure. The Credit Card Competition Act would require financial institutions with more than $100 billion in assets to provide merchants with more choice when it comes…
Author: insighter
Small businesses can’t afford to be caught off guard by a cyberattack.
Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Third Bank. The credit agreement, which has a term of 36 months and matures on February 16, 2027, is for an aggregate principal amount of $40 million, including a $10 million sublimit for letters of credit and an additional accordion option to upsize the credit facility by an additional $20 million upon satisfaction of certain terms and conditions. The proceeds may be used for working capital, general corporate purposes and to…
On Wednesday, 153,000 student loan borrowers got the surprise so many others have been waiting for: total loan forgiveness. The White House said it approved $1.2 billion of student loan forgiveness for borrowers with low balances who enrolled in the newest income-driven repayment (IDR) plan, Saving on a Valuable Education (SAVE). Impacted borrowers got an email addressed from President Joe Biden that read, “Congratulations — all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan.” To qualify for this wave of relief, you must have: Enrolled…
Welcome to “Pressing Questions,” Fast Company‘s mini-advice column. Twice a week, deputy editor Kathleen Davis, host of The New Way We Work podcast, will answer the biggest and most pressing workplace questions in less than one minute. Q: How do I deal with an annoying coworker? A: Hell is other people, amiright? First, it may help you to know that you aren’t alone; according to a recent survey, more than two-thirds of employees said they have to deal with rude coworkers, bosses, or clients. Beyond knowing that dealing with annoying people is just a part of being a human interacting…
February 23, 2024 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com) Bitcoin/Crypto Stock News Bites – Marathon Digital Holdings, Inc. (NASDAQ:MARA) , a leader in supporting and securing the Bitcoin ecosystem, has launched Slipstream, a direct Bitcoin transaction submission service designed to streamline confirmations of large or non-standard Bitcoin transactions. By default, Bitcoin nodes frequently exclude large and non-standard transactions from Bitcoin’s mempool, even if these transactions adhere to the Bitcoin network’s consensus rules. As a result, complex Bitcoin transactions are often delayed or unprocessed. To encourage experimentation and development on Bitcoin and to enable and expedite the processing of large or complex transactions…
While Texas doesn’t have an individual income tax, it does have a state sales and use tax on goods and services. Here’s what you can expect if you’re making a purchase in Texas. Texas state sales tax rate The state sales tax in Texas is 6.25%. Local tax can’t exceed 2%, which means that 8.25% is the maximum combined sales tax that can be collected in Texas. The local tax amount generally depends on the seller’s place of business — such as a store or an office — if they have one. Different rules apply for sellers shipping orders to…
Space startup’s engineers had to hack the Odysseuslander in real time to touch down successfully. It’s a perfect lesson on how not to give up and improvise effectively.
Okay, Jon Taffer fans, it’s time to pour yourself a big cocktail. Bar Rescue is back, so let the shouting — er, we mean “spirited encouragement” — begin! Premiering Sunday, February 25 at 10 p.m. ET on Paramount Network, everyone’s favorite hospitality pitbull is hitting bars across the country to help struggling business owners and staffers get their acts together before their doors close for good. And in a new twist this season, Taffer has enlisted an all-star roster of nightlife, bar and restaurant experts, including actor Danny Trejo and Las Vegas nightspot guru Dustin Drai, to bring even more…
February 23, 2024 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com) AI Stock News Bite – Vocodia Holdings Corp. (CBOE: VHAI), an AI software company that builds practical AI functions announced the pricing of its underwritten initial public offering of 1,400,000 Units (collectively the “Units” or “Unit”), each consisting of one share of Common Stock of the Company, par value $0.0001 (“Common Stock”), one Series A Warrant to purchase one share of Common Stock at $4.25 (the “Series A Warrant”), and one Series B Warrant to purchase one share of Common Stock at $8.50 (the “Series B Warrant”), at a price to the public…
The media sector keeps taking it on the chin, with fresh rounds of layoffs landing in early 2024. In January alone, hundreds of jobs were cut at numerous outlets, as the media sector at large continues to contract across the spectrum. Here is a roundup of some recently announced layoffs in the media space: The Los Angeles Times laid off 20% of its newsroom in January. NBC News and MSNBC laid off around 75 employees in January. Sports Illustrated laid off most of its staff (around 100) after it failed to pay licensing fees to its parent company in…
Opinions expressed by Entrepreneur contributors are their own. Artificial intelligence is changing the way marketing and PR agencies are run. Research shows that 68% of public relations professionals use AI, 68% of SEO experts are exploring it, and 61.4% of marketers are using it. It’s easy to see why. AI usage in social media is expected to grow at a compound annual growth rate (CAGR) of 28.04% through 2028, and large language models increasingly write online search results. We even have AI influencers taking over, with a reported 34% of American consumers putting their trust in them, and the highest-paid…