The death of credit card swipe fees? How sticky is inflation? Turns out money can buy happiness.
Visa, Mastercard swipe fees are targeted in planned senate bill (Bloomberg)
If you want to get a business owner fired up, ask them how they feel about credit card swipe fees. Every owner I know who generates most of their sales through credit card transactions hates them. Now there’s a bipartisan bill making its way through Congress that might help bring those fees down.
Five reasons inflation isn’t so sticky (Carson Group)
The CPI news earlier this month has the Fed and the stock market thinking interest rates will need to go higher than most anyone thought just a month ago. There are still a few strategists who think inflation will quickly drop over the next several months. Here’s one of them along with their reasoning.
Does money make you happy? The latest research might surprise you. (U.S. News)
Money is correlated with happiness, but maybe not for the reasons some people and country songs think. According to this research, the increase in satisfaction comes from wealth allowing people to have more options and helping them solve problems more quickly.
I know of no single formula for success. But over the years I have observed that some attributes of leadership are universal and are often about finding ways of encouraging people to combine their efforts, their talents, their insights, their enthusiasm and their inspiration to work together.
Queen Elizabeth II