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Podcast: THRIVE, a Paychex Business Podcast
Episode: Credit Card Interest Caps, Workplace Flexibility, Inflation Moderate
Description: As the deadline arrives this week for the credit card industry to implement White House demands to cap credit card interest rates, Gene Marks shares that there is no outline of a plan of how this might be handled. He also says there are mixed reviews as to how this could impact small businesses, especially around cash flow. A report about workplace flexibility shows mothers taking the brunt, but Gene suggests businesses need transparency and to work with employees to find a balance. Also, consumer prices are up 2.7% year over year, but inflation remains moderate. Listen to the podcast.<...