Business news: With the average interest rate of credit cards at 22% – a 15% jump from a year ago – resulting in the highest rate of delinquency in more than a decade, some economists and banks are expressing their concern. Gene Marks says that when combined with a shortage of available cash in small businesses – less consumer spending – it creates a larger concern for the economy as a whole. Gene provides sone insight and tips for improving cash flow. He also delves into the requirements such as a violence protection program and panic buttons of the Retail Worker Safety Act, which impacts retailers in New York state who also have a national presence. #businessnews #businessnewstoday #business #interestrates #latepayments #consumerspending Subscribe above and follow our YouTube Channel: https://www.youtube.com/c/Paychex/featured Want to learn more about Paychex Flex, our signature HR-and-payroll technology platform? Visit: https://www.paychex.com/how-paychex-works Find helpful business resources from our WORX Knowledge Center portal. Explore topics ranging from HR and compliance challenges, tax tips, employee and performance management, wage and labor laws, marketing, employee benefits and more, at: http://paychex.com/WORX Learn about our company values and commitments at: https://www.paychex.com/corporate/corporate-responsibility Follow us on LinkedIn: https://www.linkedin.com/company/paychex/ Find Us on Facebook: https://www.facebook.com/Paychex/ Join the Conversation on Twitter: https://twitter.com/paychex Browse our photos and reels on Instagram: https://www.instagram.com/paychex_inc/