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Support for a Nationwide $15 an Hour Minimum Wage Standard Gains Strength

Many House and Senate Democrats are rallying behind a federal $15 minimum wage standard, according to the Huffington Post. Across America’s Midwestern states, the $15 minimum wage is either a reality or close to becoming reality.

 

The Illinois House and Senate recently passed a $15 an hour minimum wage bill that is now sitting on the governor’s desk. Minnesota is in the process of approving a $15 an hour minimum wage after the governor of the state vetoed a corporate-backed bill that would block raising the minimum wage.

 

With Democrats pushing for a federal $15 an hour minimum wage, it now appears that Democratic governors and congressional candidates across the country will use the minimum wage debate as a key point in their campaigns. Political pundits expect the issue to be a huge litmus test for the 2018 elections.

 

According to statistics, a $15 an hour minimum wage in Illinois would give 2 million workers in the state a pay increase. The increase would average to around $2,400 a year without affecting employment figures. However, Minnesota’s Republican-controlled Congress is blocking legislation that would block an increase in the minimum wage and paid sick days.

 

Democrats in the U.S. House and Senate came together earlier in the month to draft legislation that would increase the federal minimum wage to $15 an hour by 2024. The current federal minimum wage is $7.25 an hour and has remained there since 2009. Many Americans today struggle to get by on $20,000 a year, and an increase in the minimum wage to $15 an hour would increase the pay of 41 percent of Americans. Studies show that even single workers with no children across all 50 states would need to make at least $15 an hour just to get by.

Wells Fargo Bank Agrees to Pay $3.6 Million in Penalties to Settle Claims by CFPB

Wells Fargo Bank, one of the largest U.S. private student loan lenders was accused by Consumer Financial Protection Bureau (CFPB) of illegal loan servicing practices. The company claimed in a New York Times news article on August 27th, 2018 that they were aware of the issues and had started to correct the problem before CFPB began their examination. The examination was a result of thousands of borrowers’ claims accusing the banking institution of providing misinformation concerning payment options. Borrowers also claimed Wells Fargo Bank allocated their payments to maximize late fees.

 

 

If they had more than one loan, the loans weren’t consolidated, but remained as separate loans. Wells Fargo would split their payments without allowing borrowers to specify how they wanted to allocate their payments. The consent order stated after a thorough examination that Wells Fargo failed to inform customers of their right to allocate payments. The order also stated the student loan servicing institution made it very difficult for borrowers to control costs. CFPB found Wells Fargo Bank used illegal loan servicing practices which cost borrowers higher costs and fees.

 

 

Americans owe trillions of dollars in student loan debts. The Consumer Financial Protection Bureau is doing everything possible to ensure loan servicing institutions, whether private or federal practice fairly with all borrowers. CFPB regulator, Seth Fortman said he noted in a mid-2016 report that borrowers complained often about federal loan servicers. They were accused of making it difficulty for them to enroll in special programs that lower their federal loan payments. Monthly payments are normally based on the borrower’s net earnings and monthly household expenses, including food, housing and etc.

 

 

According to New York Times, Wells Fargo didn’t deny nor admit to the findings of Consumer Financial Protection Bureau. Wells Fargo was also ordered to pay some borrowers $410,000 after finding the bank charged them higher costs and fees for serving their student loans. When consumers file complaints involving private and federal student loan servicers, CFPB has authority to investigate and examine their claims. Wells Fargo didn’t defend their actions, but stated they had already started the process of correcting their student loan servicing practices.

 

 

 

 

Nathaniel Ru’s Sweetgreen Continues Successful Growth

One of the fastest growing chains of restaurants in the United States today is Sweetgreen, which was founded just ten years ago. Sweetgreen is essentially a high-end salad bar concept restaurants where customers can either make their own salads, or have one prepared by any one of the team members in the store. The company also provides a number of other foods and drinks that follow the same fresh and healthy concept.

 

The company has very modest roots as three Georgetown University students started it while they were still finishing their education. The three co-founders, who are still co-CEOs today, came up with the idea while they were studying for exams one day. They were discussing how there was a lack of fresh and healthy lunch options located near campus. Realizing that there was a lack of these options available, they quickly came up with the basic concept of Sweetgreen.

 

Within a few months of graduating from school, the three partners were able to raise enough capital from friends and family to start their first location, which is located near the Georgetown campus in Washington DC. Ever since the first location was opened, the company has looked for ways to diversify itself from other restaurant concepts. The company has a strong buy-local campaign, which allows it to obtain fresh produce from local farmers.

 

While the company started with slow growth, by 2010 it has already looked to expand to new locations in Washington DC. After proving that it could work in other areas, the company has continued to expand into new markets all over the country. Today, the company has over 60 locations in the northeast, California, and Chicago. In total, the company has over 1,700 employees and is continuing to look for more markets to expand into.

 

One of the other differentiating factors between Sweetgreen and other restaurants is that it has a heavy focus on technology. While most restaurants still complete the vast majority of their sales in the store, Sweetgreen has a very useful application that allows for online ordering and a quicker pickup. In total, the company has made more than a third of its total sales online and through mobile apps over the past few years.

 

Sweetgreen also makes sure that all employees in the company are focused on improving the customer experience. While the company now has a growing corporate office, they still require that all company employees spend at least five days per year working in a restaurant. This helps to ensure that all employees are aware of the challenges faced and helps to give all employees a better appreciation for providing customer satisfaction.

 

The company was founded by three college friends, one of which is Nathaniel Ru. While the company has three co-CEOs, the three have begun to split duties a bit. Ru has been heavily involved in the processes of dealing with investors, media, and other interested parties. He has been very integral in the process of raising the capital that the company has needed to match its recent expansion. He has stated that the company still has a lot of potential for further growth as it continues to find new markets to move into.

Learn more:

http://www.businessinsider.com/sweetgreen-founder-interview-nathaniel-ru-2016-3

National Mobile Processing Payments Expected to Reach $170 Billion in the Near Future

Mobile payment processing technology is transforming the financial world with its advantages of convenience for U.S. consumers and small businesses. In 2014, more than $5 billion in payments were processed using digital phones in the United States, according to Business Insider. The number of Americans using their smartphones to process payment transactions is also predicted to increase enormously, reaching more than $170 billion in mobile payments processing, in three years. Since 2014, small businesses are taking advantage of recent development of payment processing technology, Mobile Point of Sale.

 

 

Companies, such as ShopKeep are benefitting of the increased demand for commercial payment technology. Their Mobile Point of Sale payment app accepts consumers’ payments using smartphones and tablets. The payment technology is compatible with new applications to manage inventory, process payroll and market.

 

 

The transformation of mobile payment technology started with Apple Pay and eventually Google, Chase, Android and Walmart developed their payment apps. New developments in payment technology will reduce the number of consumers using cash and credit cards. Access to cash and credit cards is quickly available using smartphones and tablets to make purchases and to pay bills online. Payment processing vendors are planning for the transformation, as cyber shoppers and online stores’ demand increase yearly.

 

 

Mobile technology has transformed greatly over the years, beginning with built-in camera, calculator, and clock with alarm feature. Smartphones added other built-in apps, including built-in camcorder, GPS, movie play, and television. New mobile technology will ultimately change the way consumers traditionally process payments. In the 1990’s consumers had to literally write a check or use cash for bill pay to creditors and merchants. Today, millions of U.S. consumers are using digital phones, tablets, laptops and PCs to process bill payments.

 

 

Consumers, small businesses and corporations are going digital for financial transactions, including payment processing, receiving payments and online banking. Analysis of the payment technology industry indicates an increase in mobile payment processing technology sales to small businesses and an increase of Americans using smartphones for most payment processing, in the near future. Entrepreneurs are using tablets and phones for running their online businesses, including tracking inventory, processing payments to vendors, and receiving payments from customers. By 2019, consumers and small businesses are expected to contribute to the increase in mobile payments processing.

 

 

Renown Health Opens Family Clinic at South Reno

Renown Health is a modern healthcare in the United States. The company was established several years ago, and it has changed the lives of many people in the country. Not long ago, the health care company announced that it had plans to open a family practice clinic. The institution says that the new clinic will be found at The Summit Mall, South Reno. Renown has said that the clinic will start by spring this year.

Dr. McCormack is the current medical director at the prestigious Renown Medical Group. In a recent interview, McCormack told the public that the new family clinic would be perfectly designed to give patients a comfortable and inviting setting they have been longing for. People who will be seeking services from the hospital have been promised the best services.

Individuals visiting the new clinic will be welcomed by a great space that resembles their living room. The management has promised patients that there will be a conference where the staff and the patients can confer and discuss matters concerning health. There will be very flexible services to the clients. The consumer will get all the services that are provided in the modern healthcare setting.

After the election of the new president of America to the office, there has been some uncertainty health care world. Many people do not know how Donald Trump’s office will affect the medical department in the country. During the campaigns, Donald Trump promised the citizens that he was going to repeal and replace the Obamacare. These changes have not yet taken place up to date. The new South Renown medical facility will have eleven experienced members of staff. More doctors and nurses are expected to join the center to cater to the growing demand of patients. The professionals are experienced and well trained, and they will give high-quality services to learn more: https://www.indeed.com/q-Renown-Health-l-Reno,-NV-jobs.html click here.

Hard-Working Groups That Endorse Human Rights

The San Diego Immigrant Rights Consortium (SDIRC) is a widely known organization that, as its name suggests, focuses on the rights of immigrants. It’s located in San Diego, California. It’s an Alliance San Diego division that was launched back in 2007. The San Diego Immigrant Rights Consortium is made up of legal, labor, faith and community entities that go after a number of objectives.

One objective is to endorse in-depth reform within the immigration realm. Another objective is to prevent the expansion of local concepts that zero in on and interfere with immigrants’ human and civil rights. Other objectives are to teach immigrants about all of their rights and to make sure that they are aware of any legal forms of help that are accessible to them. Read more: Jim Larkin | Twitter and Jim Larkin | Crunchbase

The San Diego Immigrant Rights Consortium, last but not least, also works to teach members of the public about all the things immigrants have done for the well-being of society over the years. It even works to do away with any misconceptions people sometimes have about immigrants.

There are a good number of organizations that are part of the consortium. Some of these groups are the American Friends Service Committee, the California Immigrant Policy Center, the Southern California Immigration Project, the United Taxi Workers of San Diego, the North County Immigration Task Force and the Immigration Center for Women and Children.

These organizations have a wide range of diverse objectives and goals. They concentrate on matters that involve immigrant families in the state of California. They concentrate on local taxi drivers and their rights as well. Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/michael-lacey/ and http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427818/Michael_Lacey

The San Diego Immigrant Rights Consortium has an advisory board that consists of some highly motivated and driven individuals who wish to promote positive change in society. Laura Moreno serves as the Chair. She’s a Santa Ana, California native who has been in San Diego since 2007. Leah Chavarria serves as a Legal Representative for the organization.

She’s had a strong zeal for immigration law since 2003. Other people who are part of the group’s advisory board are community representative Lilian Serrano, community representative Esmeralda Flores, labor representative Fernanda Flores and faith representative Imam Taha Hassane.

People can find out more about the San Diego Immigrant Rights Consortium and its latest happenings by paying attention to social media platforms. The group has accounts on Flickr, Youtube, Twitter and Facebook.

Lacey & Larkin Frontera Fund was launched by two men called Michael Lacey and Jim Larkin. They’re the brains behind both the Village Voice Media and the Phoenix New Times. They’re also a pair of hard-working journalists. Lacey & Larkin Frontera Fund offers its assistance to organizations that help causes that involve civil, migrant and human rights.

Lacey & Larkin Frontera Fund strongly backs groups such as the Colibri Center for Human Rights, the Phoenix Immigration Justice Project, the Center for Neighborhood Leadership, the American Civil Liberties Union of Arizona and the Justice for Immigrants & Families Project. Lacey & Larkin Frontera Fund is located in Phoenix, Arizona.

Crowdfunding College Fees

While many students take out government student loans in order to pay their tuition fees, others are unable due to religious reasons. This often requires students to sacrifice their education due to an inability to pay the school’s charges. A student with a desire to be an investment banker discovered this dilemma when applying for Kings College in London.

 

When Ismail Jeilani first decided to become an investment banker, tuition was drastically lower than they would be when he attended college. The fees tripled in 2012, and he had to find a way to pay £9,000. He refused to take out an interest-bearing loan, and he was unable to make enough money through work.

 

Through tutoring other students and teaching throughout the term, he was able to pay the entire amount by his second year. Upon graduation, he toured the country with other entrepreneurs to discuss their successes in attending college without paying interest. He then created QardHasan. Based off of crowdfunding and loans from the community, the program provides interest-free loans. He has also teamed up with businesses willing to support the program.

 

In addition to local businesses and community funding, the government is now researching the ability to provide students with loans meeting religious requirements. Instead of paying interest, they instead make a charity donation to a fund for other students in need of the loans. Students can then pay the loans forward, allowing them to avoid choosing between their faith and education.

 

Jeilani doesn’t expect the government proposal to pass easily, so he is committed to continuing his crowdfunding measures. He is also considering an option where students will be able to receive grants after funding a specific amount. This would prevent a situation where students are still needing interest-bearing loans if unable to fund through community sources.

 

Through the programs, Jeilani aims for students to be actively working with and in their community as a way of continuing the mission. Currently, when a student receives £500 in loans from crowdfunding, QardHasan will match the funding with another £500. He understands that while students won’t be able to fully fund all of their tuition fees through this method initially, it’s a way to give them a hand up to the start level. If interest-free loans weren’t available, they wouldn’t be able to start at all.

 

 

 

Greg Secker is an Epitome of Hard work, Success, and Good Will

Greg Secker is a renowned entrepreneur, trader, philanthropist, and an international speaker. He is the founder of Knowledge to Action Group that consist of numerous companies namely Learn to Trade, SmartCharts Software, Capital Index, and FX Capital. He carries out his humanitarian missions through the Greg Secker Foundation, a non-profit firm. Greg has demonstrated his continued passion for helping people lead better lives by investing in several charitable entities. Greg Secker worked in the foreign exchange department at a top asset management bank where he learned all about trading. He later started his own trading venture at home. Soon after, he got interested in teaching people what he knew about trading. After a thorough analysis of the market, he realized that there was a gap. He sought to fill the gap by creating a training program. That’s how he came up with a successful trader coaching venture that was the first in the United Kingdom. His model has since become number one in the industry.

How He does it

Greg Secker has been able to realize his ideas by visualizing his idea at different stages. He advises entrepreneurs to be enthusiastic about their ideas so that they can sell them to others quickly. This way, help needed can be accorded easily. As an entrepreneur, Greg Secker has learned the trick of setting some time apart for thinking. He notes that this time is important to think about where to improve in any business. He has been able to use this time to think about expansion plans, business focus, and overall strategy. This trait has helped him improve his productivity. For entrepreneurs looking to grow their businesses, Greg advises them to evaluate new strategies before proceeding to the implementation phase.

About Greg Secker

Greg Secker started his career at Thomas Cook Financial Services. His entry to Forex trading was through the Virtual Trading Desk. He then moved to Mellon Financial Corporation before leaving to start his Forex trade venture.

As a motivational speaker, Greg Secker has worked with top speakers, including Robert Kiyosaki among others. Secker has also bagged numerous awards, including being the finalist at the 2017 National CSR Awards

Hard Data Not So Encouraging For the Stock Market

There is no doubt that economic data affects stock markets. This can be divided into two types: soft and hard data. Soft data includes various sentiment surveys such as University of Michigan Consumer Sentiment Index, The Business Roundtable CEO Economic Outlook Index, and NFIB Index of Small Business Optimism plus multiple others.

 

On the other hand, there is hard data such as retail sales, GPD growth, and so on. In an interesting article, MarketWatch points out that while the soft data encourages investors to buy more shares, the hard data says otherwise.

 

Let’s compare. The Consumer Sentiment Index stands at 97, near its 13-year high in January. Meanwhile, the The Business Roundtable Index just had a biggest increase since 2009. At the same time, NFIB Index is in the sixth consecutive month of high optimism.

 

Now, let’s look into hard data. Retail sales only rose 0.4% last month, which is less than expected. Also, sales of cars and trucks fell for a fourth month. At the same time, banks are lending less as consumer debt has made a new record at nearly $13 trillion. All while markets are making new highs. S&P 500 is currently valued at 17.5 times its earnings, and that is quite high.

 

In 2009, in the midst of financial crisis, S&P 500 Index was trading below 700. Now, it stands at 2,400, more than triple its low. When it comes to Dow Jones Industrial Average, it was trading well below 7,000 in 2009, and now stands at over 21,000. It is also more than a triple off its low in 2009. And the Nasdaq Composite has multiplied as well.

 

The point is that markets are valued high, while some hard data is worrisome. But, there is some fuel left. Unemployment rate has hit multiyear lows, while Trump’s administration is looking for big corporate tax cuts as well as massive infrastructure spending.

 

At least, the markets haven’t gone through as much speculation as bitcoin has. The cryptocurrency is having an astronomical rise. A $1,000 bitcoin investment in 2011 is not worth $38 million.

 

As many stocks are fully priced, investors are finding it difficult to find bargains. Some decided to speculate on bitcoin. How it will play out down the line is yet to be seen, but it’ll be truly interesting, if not painful.

 

Connecting Joy and Fulfilment through Kabbalah

Kabbalah, the ancient oral teachings believed to have been passed down from Adam, describe the universe, nature, and purpose of existence in the search of the universal wisdom all religions and cultures must hold in common to thrive. These venerable concepts were once closely guarded among select individuals as it was believed they were full of complex ideas that could not be understood by the average person.

However, Rabbi Rav Ashlag would come to believe there was a way he could teach the Kabbalah to the individual. That everyone deserved a chance to lead the fulfilled and connected life attainable through its teachings. Though his message would not find much acceptance in his lifetime, it would survive.

The LA Kabbalah Centre founders, Phillip and Karen Berg, and their international teaching staff use the centre to help those who do not read Hebrew begin to access the guidance of the Kabbalah. At the LA Kabbalah Centre they also teach the Zohar, which laid the foundational work that allowed the teachings of Kabbalah to be revealed.

The LA Kabbalah centre teaches ways to mindfully, consciously take control of your self and your impact on the world. While many religions might teach abstinence Kabbalah instead urges the individual not to deprive themselves needlessly, but rather to learn to make good choices for themselves. Kabbalah teachings cannot be simply learned, they must also be lived. It is only when the individual acknowledges how all of their choices and actions have meanings can they truly experience Kabbalah.

With the LA Kabbalah Centre’s belief that all religions share a common universal wisdom and Kabbalah only offers a way to further understand yourself and your faith they have found many students around the globe. In the spirit of their teachings, the LA Kabbalah centre also devotes its efforts to provide humanitarian aid to victims of natural disaster and poverty.

To know visit :Kabbalah Centre International – YouTube channels