Trump, Cap and credit card
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President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.
For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense when employees paid for business expenses out of pocket ...
During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many entrepreneurs note they’re shouldering another heavy ...
As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. On Wednesday, a bill to allow businesses to charge customers paying with cards for those fees moved out of committee with a favorable recommendation from senators.
Managing business expenses used to mean shuffling paper receipts, chasing down employees for documentation, and discovering budget issues weeks after they occurred. But modern companies are discovering a better way to handle spending through business ...