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Home » Business News

Business News

How Do Credit Scores Work? 2 Finance Professors Explain How Lenders Choose Who Gets Loans And At What Interest Rate

Published by Nikki Palmer on Tue, 06/06/2023 - 3:00am

With the cost of borrowing money to buy a home or a car inching ever higher, understanding who gets access to credit, and at what interest rate, is more important for borrowers’ financial health than ever. Lenders base those decisions on the borrowers’ credit scores.

  • Read more about How Do Credit Scores Work? 2 Finance Professors Explain How Lenders Choose Who Gets Loans And At What Interest Rate

State Lawmakers Want Children To Fill Labor Shortages, Even In Bars And On School Nights

Published by Nikki Palmer on Tue, 05/30/2023 - 5:00am
Children walk the rows of a corn field near Dorchester, Neb., removing tassels along the way.
(Luke Nichols / Beatrice Daily Sun via AP)

MADISON, Wis. (AP) — Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14.

  • Read more about State Lawmakers Want Children To Fill Labor Shortages, Even In Bars And On School Nights

Unionized Bodies In Topless Bar! Strippers Join Servers And Baristas In New Labor Movement

Published by Nikki Palmer on Tue, 05/30/2023 - 4:00am

Dancers at the Star Garden Topless Dive Bar in Los Angeles have voted to become the only unionized strippers in the U.S. – joining a growing trend of young employees seeking workplace protection though labor mobilization.

On May 18, 2023, the National Labor Relations Board announced that balloted employees at the topless bar had voted 17-0 in favor of joining the Actors’ Equity Association.

  • Read more about Unionized Bodies In Topless Bar! Strippers Join Servers And Baristas In New Labor Movement

Pay Transparency Laws: What Small Businesses Need To Know

Published by Nikki Palmer on Tue, 05/23/2023 - 5:00am
(Kenneth Sponsler / Shutterstock)

As more states adopt pay transparency laws, many small businesses will need to comply with legislation if they or the candidates they’re sourcing are located within these states. For businesses that don’t have as many resources to dedicate to HR, simply tracking and compiling their internal employment data can help answer questions about pay equity and can provide information for hiring decisions.

  • Read more about Pay Transparency Laws: What Small Businesses Need To Know

Report Puts Nebraska Near Bottom Of The Pack For Female Business Ownership

Published by Nikki Palmer on Tue, 05/23/2023 - 4:00am

OMAHA — When seeking financing early on for a company that today is climbing the Inc. 5000 national list of fastest-growing companies, Carmen Tapio faced questions that remain burned in her memory.

One banker, she said, asked: Does your husband know what you are doing?

She said she was characterized as risky.

  • Read more about Report Puts Nebraska Near Bottom Of The Pack For Female Business Ownership

Concern About Entrepreneurial Opportunities In Nebraska Sparks National Grant

Published by Nikki Palmer on Tue, 05/23/2023 - 3:00am

OMAHA — After a recent study revealed concern about Nebraska’s climate for entrepreneurs, and who is not a part of the inner circle, a national organization awarded a $310,000 grant to probe deeper.

  • Read more about Concern About Entrepreneurial Opportunities In Nebraska Sparks National Grant

The US Has Approved $42 Billion In Loan Forgiveness For Public Service Workers. Here's What To Know.

Published by Nikki Palmer on Tue, 05/23/2023 - 2:00am

The U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than 615,000 borrowers in the past 18 months as part of a program aimed at getting more people to work in public service jobs, the U.S. Department of Education said this week.

  • Read more about The US Has Approved $42 Billion In Loan Forgiveness For Public Service Workers. Here's What To Know.

States And Cities Limit AI Use In Employment Decision-Making

Published by Nikki Palmer on Tue, 04/18/2023 - 5:00am

The use of artificial intelligence (AI) in employment decision-making is on the rise, with Equal Employment Opportunity Commission (EEOC) Chair Charlotte Burrows stating that more than 80% of employers use this technology.

  • Read more about States And Cities Limit AI Use In Employment Decision-Making

Why Is Tax Day On April 18 This Year? And How Did Early Spring Become Tax Season, Anyhow?

Published by Nikki Palmer on Tue, 04/18/2023 - 4:00am

Mid-April has arrived. And along with the spring sunshine, that means the often dreaded civic duty of finishing off one’s taxes.

It’s an arduous time for many, characterized by navigating increasingly confusing rules to arrive at the best refund possible. For some, it means writing a check to the federal government. Not fun.

  • Read more about Why Is Tax Day On April 18 This Year? And How Did Early Spring Become Tax Season, Anyhow?

US Retail Sales Fall 1% Amid High Inflation, Rising Rates

Published by Nikki Palmer on Tue, 04/18/2023 - 3:00am

WASHINGTON (AP) — Americans cut their spending at retail stores in March for the second straight month, a sign consumers are becoming more cautious after a burst of spending in January.

  • Read more about US Retail Sales Fall 1% Amid High Inflation, Rising Rates
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