Fed Projects Interest Rates To Rise, Gradually

There’s good and bad news in the Federal Reserve System’s economic projections released this week with the Fed Chairman projecting short-term interest rates to climb, but not by nearly as much or as quickly as originally expected.  Fed Chairman Janet Yellen earlier this week stated that she thought increases to the rate would happen and…

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IFA Injunction Denied by Federal Court over Seattle Law

In a clear blow to franchise industry interests, the International Franchise Association’s lawsuit seeking to enjoin the Seattle Minimum Wage law from taking effect as scheduled on April 1 was denied by the Federal Court in Seattle.  In its decision, the court rejected every IFA argument that allowing certain provisions of the law to take…

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Target Follows Suit and Increases Minimum Wages

It was reported this week by the Wall Street Journal that retailing giant Target would also be increasing the minimum wages paid to their lowest paid earners to $9/hour effective April.  Target is not specifically matching the increases that Wal-Mart, the Minnesota-based Target’s major competitor announced recently.  Wal-Mart last month announced wage increases to $9…

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FMLA And FLSA Lawsuits Rise Over Prior Year

US Courts recently released 2014 statistics showing an increase in the number of cases initiated in federal courts overall as well as under the specific provisions of the Family and Medical Leave Act (FMLA) and the Fair Labor Standards Act (FLSA).  Not surprisingly in light of the pro-labor bias shown over the past few years…

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Florida County Passes Wage Theft Ordinance

Florida’s Osceola County, which includes the cities of Kissimmee, St. Cloud and Buenaventura Lakes, has passed an ordinance that provides for recovery of wage theft and underpayment of wages claims to be resolved without going through Florida courts.  The ordinance, approved on a 4 -1 vote, is based on a similar one in Miami-Dade County,…

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Maine Governor Pushes Ending Income Tax

Maine Governor Paul LePage last week announced that he will back a petition campaign to eliminate the state income tax entirely.  At a forum in Auburn, LePage blamed the income tax for many of the state’s problems and articulated his plan for a constitutional amendment that would eliminate the state income tax forever.  His current…

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Obama Slams Wisconsin’s Walker for Signing Right To Work Law

Just days after Wisconsin Governor Scott Walker signed his state up as the 25th in the nation with a Right-To-Work law on the books, lame-duck President Barack Obama attacked the likely candidate for the 2016 GOP presidential nomination in a statement released Monday by the White House.  In part, Obama professed his deep disappointment that…

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Maryland Kills Price Bill on Sugary Drinks

Maryland legislators last week killed a proposal that would have required restaurants to charge more for certain sugary drinks sold with children’s meals.  The legislation, HB 1090, was filed by Baltimore City Delegate Cheryl Glenn in the House and a companion bill by Senator Shirley Nathan-Pulliam.  It was rejected again this session by the House…

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Upcoming Events

CFA’s annual CFA Day Forum will be held at the Omni Shoreham Hotel in Washington, DC, next week on March 24 – 25, 2015.  Although there’s not much time left for planning, we encourage you to make the effort and help the CFA defend your business in the nation’s capital.  The program includes a number…

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Job Creators Network Launching 2nd Franchise Friday

Job Creators Network is poised to launch the second “Franchise Friday” as part of an ongoing campaign to defend the franchise system from the NLRB and its “joint employer” recommendation.  The NLRB rule is unacceptable and will irreparably harm one of the most successful business models this nation has seen in the past half-century.  On Friday,…

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