Paychex Thrive Week in Review: Banks Tighten Lending Standards, DOL Tip Credit Rule Tossed, and 2025 Pay Raise Rate

Gene Marks
Sep 6, 2024

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Notable news stories for the week of September 2, 2024

This week, Biz Journals reports banks are tightening their lending standards for commercial, real estate and industrial loans; the Fifth Circuit Court of Appeals rejected the Department of Labor’s final tip credit rule; and Payscale released their 2025 Raises Report.

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Gene Marks

Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA