Still hope for big fiscal deal with Obama, top Republicans say
WASHINGTON - Senior congressional Republicans said on Sunday they see a chance for a broad deal with President Barack Obama on deficit reduction and reining in spending on vast government programs like Medicare and one senator signaled potential flexibility on taxes.
Found more than 1 month ago on channel Reuters
Is This the Best Way to Curb Your Kid’s Excessive Spending?
The problems with prepaid debit cards have been so well chronicled by the media lately that anyone launching one has to come up with a new hook that obscures what the product really is: a no-frills checking account with high fees and less flexibility. When he unveiled his RushCard, hip-hop mogul Russell Simmons touted it as a salvo in the battle against the exploitation of just about every disadvantaged group you could imagine: “Debit cards are what keep the under-served — including minorities, immigrants, the poor, soldiers, veterans and students — from the claws of payday lenders and check cashers, from humiliating lines waiting to cash their paychecks and then more lines to pay their bills.” But one of the more intriguing entrants into the prepaid card industry is a small company called BillMyParents, which has embarked on an aggressive marketing campaign to pitch the prepaid card CEO Mike McCoy, former President of Wells Fargo Consumer Credit Cards, told me represents “an opportunity ...
France Seeks Labor Overhaul
French President François Hollande, seeking ways to introduce more flexibility into the labor market, has tapped Labor Minister Michel Sapin, widely regarded as pro-business, to shepherd talks between unions and companies.