All tagged payments

Late COVID unemployment checks tangled in red tape, according to new state audit

Nearly half a billion dollars in first-time unemployment benefits in North Carolina were not paid out in a timely manner during the height of the COVID-19 pandemic. That’s according to an audit released from State Auditor Beth Wood’s office on Monday. The Division of Employment Security didn’t issue $438 million of first unemployment benefit payments during the period of January 1, 2020, through March 31, 2021.

Op-Ed Todd Johnson: Concern over inflation renews need for competitive payments marketplace

As inflation continues to drive soaring costs across the U.S., Americans are in need of relief. Unfortunately, as Capitol Hill begins its mad dash to raise the debt limit prior to the New Year, credit card companies are yet again planning to hike swipe fees. This move will hit businesses and spike already high prices on everyday products for American consumers. North Carolinians are counting on our Congressman Patrick McHenry, as the ranking member of the House Committee on Financial Services, to oppose another swipe fee increase.

Enforce rules to ease labor shortage

President Joe Biden wants you to believe that there is no relationship between the extra $300 a week many are receiving in enhanced unemployment-insurance benefits and the shortage of workers now manifest in stores, restaurants, hotels, and other businesses here in North Carolina and across the country.