Roundup: Firms can't use only debit cards to pay employees; U.S. businesses boost stockpiles as sales pick up
Companies cannot force workersto be paid via debit cards, feds say
Federal regulators said companies cannot require employees to receive their pay on debit cards, citing complaints from workers of high and unexpected fees on the cards. The Consumer Financial Protection Bureau issued a bulletin warning employers against using only so-called payroll cards to pay their workers. The agency said that by law, workers must be able to choose how they receive their wages. If they choose to be paid with payroll cards, they are entitled to protections such as disclosure of fees, it said. Complaints received included fees for withdrawing cash and checking card balances. Critics say payroll cards with high fees mean that some workers are essentially making less than minimum wage. A woman who worked at a McDonald's in northeastern Pennsylvania filed a class-action lawsuit in June against the owners of 16 McDonald's Corp. restaurants in the area, challenging their use of payroll cards and protesting fees. Attorneys for the restaurant owners have said the debit cards are “the functional equivalent” of cash or checks and that the employees consented to the payment method.
Businesses boost stockpiles as sales pick up
Businesses restocked their shelves and warehouses in July at the fastest pace since January as their sales rose, a hopeful sign for economic growth. Business stockpiles increased 0.4 percent in July from June, the Commerce Department said Friday, after ticking up just 0.1 percent the previous month. Total business sales rose 0.6 percent in July, up from just 0.2 percent in June. Rising stockpiles can be a good sign for the economy because they suggest companies expect greater sales. Greater inventory building also means businesses ordered more goods, boosting factory production and economic growth. And higher sales mean that companies are less likely to be stuck with excess goods.
— Staff and wire reports
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Reliving the moment a decade ago that shifted the Penguins history
- Penguins trade Sutter to Canucks, sign free agent center Fehr
- Sutter: Staal effect felt on 3rd line with Penguins
- Steelers’ Wheaton adjusting his game moving to slot receiver
- Pregnant woman killed by gunfire in Brighton Heights, other shootings reported in city
- Rossi: ‘Hockey guy’ Sutter will be missed
- 5 face trial in beating of black man in Pittsburgh
- Steelers RB Le’Veon Bell gets suspension, fine reduced
- Leetsdale places police chief on paid leave
- Pirates’ Liriano unaffected by poor last outing against Twins
- New Pens winger Fehr ready for defense-first role