The U.S. House of Representatives passed the Lower Costs, More Transparency Act, which advances policies to force pharmacy benefit managers and hospitals to meet price transparency standards by a vote of 320 to 71. The National Federation of Independent Business …
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Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the …
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Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …
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TAL Building Centers, a fast-growing, family-owned operation in the Pacific Northwest, has named Susan Hoshida as its new chief financial officer. Hoshida, who brings over 24 years of experience to the role, served most recently as TAL’s corporate controller. She …
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Houzz, the online home renovation forum, announced its 2023 Winter Design Trends. From connecting to the outdoors, entertaining guests, hidden spaces and earthy color palettes, Houzz has compiled the four biggest trends of the winter season with data collected through …
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Effective on Jan. 1, 2024, The Financial Crimes Enforcement Network (FinCEN) issued a final rule that sets forth beneficial ownership information reporting requirements as mandated by the Corporate Transparency Act. The new rule will affect a broad spectrum of businesses, …
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The U.S. added 199,000 jobs in November, according to a recent survey from the U.S. Bureau of Labor Statistics (BLS). The unemployment rate also fell 3.7% during November. The two industries that experienced the biggest gains were health care and …
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The Merchants Payments Coalition (MPC) announced it has joined Senator Richard Durbin, D-Ill., in calling for the Senate to vote on the Credit Card Competition Act (CCCA). The bill has not been voted on since it was reintroduced in the …
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