Small businesses keep California humming. They make up an impressive 99.2 percent of California’s employers and employ more than 6 million Californians. But small businesses can’t thrive and grow – or even get off the ground – if they can’t access loans or credit.
In the past, debt collectors could autodial borrowers only on the phone number they provide in their loan agreements. The new rules could allow the companies to repeatedly call any phone number associated with a student loan borrower—including family members’ cell phones or any number once held by the debtor.
Important tax legislation that becomes retroactive to the beginning of the year is often not finalized until late in the year. Obviously, this leaves very little wiggle room for tax planning. To get ahead in your preparations, there are things you can think about or do now, to avoid a rush come December.
JPMorgan Chase & Co. agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.
If it seems like they’re having fun, they are. That’s because the trust derived from a 23-year business partnership, a union rooted in mutual respect and shared interest, is bound to translate over the air. Hanson McClain’s Money Matters, a Saturday call-in financial topic radio program, was originally created by Scott Hanson and Pat McClain to give their investment advisory firm some added name recognition.
Wells Fargo & Co., the world’s largest bank by market value, posted a third-quarter profit that beat analysts’ estimates on gains in interest income from asset purchases and new loans.
The wildfires that raged across Northern California last month will cost insurers more than $1.1 billion, according to catastrophe modeler Impact Forecasting.
The credit cards in most Americans’ wallets are pretty much antiques. They’re easy to counterfeit, thanks to magnetic strips that rely on basically the same 1960s technology used in cassette tapes. At last they’re getting an upgrade, giving them the technology, called EMV chips, used almost everywhere else in the world.
“Everyone’s stressed out about money, everyone’s nervous, everyone’s embarrassed about it, everyone thinks they’re making all these mistakes and they’re the only ones doing it. The idea of getting to relax and have a meal with somebody just changes the conversation and changes the atmosphere.”
In California, higher state and local minimum wages are contributing to some owners’ decisions to sell businesses, said Bob House, general manager of the San Francisco-based brokerage BizBuySell. The company listed 2,296 businesses for sale in metropolitan Los Angeles between March and June, compared with 2,136 in the same period a year earlier.