department of labor

Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

READ MORE >
NY Labor Department Finds Payroll Card Regulation Victory
NY Labor Department Finds Payroll Card Regulation Victory
January 15, 2020  |  B2B Payments

Payroll cards have faced quite a bit of controversy in recent years. While the tool can bridge under-banked employees to a digital, efficient and timely...

READ MORE >
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
November 15, 2019  |  Taxes

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it...

READ MORE >
Why Jobs And Economic Growth Aren’t Always Good News For SMBs
Why Jobs And Economic Growth Aren’t Always Good News For SMBs
July 10, 2019  |  B2B Payments

The July jobs report allowed some U.S. analysts to breathe a sigh of relief, with data from the Bureau of Labor Statistics revealing a 224,000...

READ MORE >
Labor Department Releases New SMB Healthcare Rules
Labor Department Releases New SMB Healthcare Rules
June 21, 2018  |  B2B Payments

This week, The U.S. Department of Labor (DOL) released revised rules for small businesses (SMBs) on use of association health plans following an executive order...

READ MORE >
Wells Fargo Handling Of Retirement Assets Under Scrutiny
Wells Fargo Handling Of Retirement Assets Under Scrutiny
April 26, 2018  |  Bank Regulation

The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees...

READ MORE >
Feds Charge Nine Iranians In Hacking Case
Feds Charge Nine Iranians In Hacking Case
March 23, 2018  |  Security & Fraud

In one of the Department of Justice’s (DOJ) largest state-sponsored cyberattack cases, federal prosecutors have unsealed criminal charges involving nine Iranians who allegedly stole data...

READ MORE >
 Inflation: The Roughest Word For Markets
 Inflation: The Roughest Word For Markets
February 14, 2018  |  Economy

It’s not a four-letter word, but a nine-letter word and it has a bit of shock effect anyway — particularly for investments: inflation. All eyes are currently on...

READ MORE >
Job Growth Remains Strong In U.S.
Job Growth Remains Strong In U.S.
July 10, 2017  |  Market Conditions

In the U.S., job growth continues as the Wall Street Journal notes a nine-year economic expansion. But a paradox continues: jobs are being created even...

READ MORE >