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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

billion , it is still a more valuable run of commerce activity than Mother’s Day, Father’s Day, Easter and Valentine’s Day combined — which is why state tax holidays placed at the end of July and beginning of August have become so very popular over the last two decades. How Tax Holidays Work.

Taxes 101
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

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COVID-19’s Chilling Effect on Summer Vacation Rentals

PYMNTS

In an interview with Karen Webster, Joanne Logie, managing director and co-owner of New England Vacation Rentals , a site offering vacation home rentals in several towns on Cape Cod, laid out a reality that is far starker, showing ripple effects of the ongoing pandemic. The Bigger Picture.

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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

With the first full week back from Black Friday, into Cyber Monday and beyond, give thanks to the consumer, who has managed to stay buoyant, and chipper, even, when it comes to opening the purse strings. Want tax cuts? Wells Fargo: The beleaguered bank does not have many champions, and perhaps least among its fans is Massachusetts Sen.

Retail 100
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

The early consultants changed that by using market research and data analysis combined with niche expertise to help companies manage their supply chains, improve their product positioning, and enter new markets to beat their competitors. From one perspective, the position of management consulting as an industry has never seemed more secure.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. The larger issue here is that banks need to do a better job at collateral management in general. It turns out that confidence is more valuable than capital.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Much uncertainty still exists as to whether Congress will extend the tax cuts that are set to expire on January 1, 2013. So stay tuned!