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New Mexico Lawsuit Sparks Marijuana Business Tax Debate

PYMNTS

Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only basis. A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds how to classify these companies under state tax code.

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Wells Fargo workers at two US branches of bank launch efforts to unionize

TheGuardian

Employees in Albuquerque, New Mexico, and Bethel, Alaska, make rare move to organize staff in financial industry Workers at two Wells Fargo bank branches are planning to launch unionization efforts on Monday in a rare move to organize staff at a financial services company.

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CFPB May 2016 complaint report highlights credit reporting complaints, complaints from New Mexico consumers

CFPB Monitor

The CFPB has issued its May 2016 complaint report which highlights complaints about credit reporting and complaints from consumers in New Mexico and the Albuquerque metro area. The percentage of mortgage complaints submitted by New Mexico consumers was lower than the national average.

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Study of Illinois 36% interest rate cap finds reduced access to credit

CFPB Monitor

In recent blog posts, we discussed the efforts of both Michigan and New Mexico to impose a 36% annual interest rate cap. Last year, Congress took up the discussion of a national 36% annual interest rate cap. Over the past few years, numerous states have imposed interest rate caps on consumer credit. Continue Reading

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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

BB : I was an exchange student in Las Cruces, New Mexico. MM: So, after some time in New Mexico, you went back to Denmark. I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? Where were you born?

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

In other news, Chinese residents in the city of Suzhou participating in a massive trial of digital yuan performed nearly 20,000 transactions on JD.com in the 24 hours after 8 p.m. Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. on Friday (Dec.

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Pandemic Puts Retail And NRF On Front Lines Of New Surge In Cases

PYMNTS

This time around the argument has drawn the attention of the National Retail Federation ( NRF ), which is U.S.-based 10) the NRF filed a request under the New Mexico Inspection of Public Records Act to release information related to new restrictions placed on retailers and eateries, as the state experiences a spike in COVID-19 cases.

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