Key Provisions

U.S. unemployment rate hits 16-year low in May

In 2016, 32,000 new jobs were an average monthly gain in the healthcare industry as compared to the 22,000 jobs per month in the year 2017. Average hourly earnings were up by 2.5 percent from the previous year to $26.22, continuing a streak of relatively weak wage growth. Yet even about 100,000 payroll additions a […]

Experts want broader inclusion in Agric budgeting

Economic and Agricultural experts have called for broader inclusion of stakeholders in the formulation and implementation of budgetary allocation for the Agricultural sector to engender economic growth and national development. Assistant Director Economic Growth Department Ministry of Budget and National Planning Mr Aso Patrick Vakporaye, the Lead Director Centre for Social Justice (CSJ) Barrister Eze […]

Replacing Obamacare with job-killing Chaoscare

Like most of the charges that Republicans threw at the Affordable Care Act over the past six years, the accusation that it was a “job-killer” didn’t hold water. In fact, it was just the opposite. But if killing jobs is what opponents want, they can make it happen by eliminating key provisions of the health […]

The Financial Report, 13 October 2016, US Exchanges and Self-Regulatory Organizations

NYSE reminds members of changes to Rule 4530 reporting procedures. The New York Stock Exchange LLC reminded members of their obligations under Rule 4530 to self-report potential misconduct concerning securities, investment and other financial-related matters. In light of recent regulatory changes, NYSE members who are also members of FINRA should continue to file disclosure reports with […]

Final MACRA Rule Issued: It’s Time for Providers to Pick Their Pace

Today, the Centers for Medicare & Medicaid Services (“CMS”) published the much-anticipated Final Rule for the new Merit-Based Incentive Payment System (“MIPS”) and Advanced Alternative Payment Models (“AAPMs”) pathways to payment pursuant to the Medicare Access and CHIP Reauthorization Act of 2015 (“MACRA”). A copy of the Final Rule can be found here, and more […]

Visa Claims Walmart Acting ‘In Bad Faith’

In the legal battle heating up over identification – and consumer choice – used to authorize EMV debit payments at Walmart stores, Visa said Wednesday (June 29) that the world’s largest retailer “secretly configured” payment terminals to accept only personal identification numbers (PINs) when chip cards were presented by consumers. Visa claims that such hotwiring betrays the […]

California Employment Regulators Issue Four Important Actions

California’s regulatory agencies have issued four important actions in the past two months: (i) a set of final regulations establishing employers’ obligations concerning harassment and discrimination prevention; (ii) a proposed set of regulations limiting employers’ use of criminal history in hiring, promotion and other employment decisions; (iii) a regulatory “guidance” concerning the rights of transgender […]

Goldman Sachs Agrees to Pay More than $5 Billion in Connection with Its Sale of Residential Mortgage Backed Securities

Washington, DC–(ENEWSPF)–April 11, 2016.  The Justice Department, along with federal and state partners, announced today a $5.06 billion settlement with Goldman Sachs related to Goldman’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007.  The resolution announced today requires Goldman to pay $2.385 billion in a […]