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Navigating an abortion care desertFlynn says A Woman’s Choice will not close the doors to its Jacksonville clinic. Flynn said their clinics, particularly in North Carolina, are seeing patients who cannot access abortion care in states like Texas, Louisiana and Tennessee. “The stark reality is that the fabric of abortion care in our nation cannot absorb 84,000 patients.”“The entire South now, in a month, will be a desert for abortion care,” she added. In the meantime, Florida abortion providers are working to see as many patients as possible before the six-week ban goes into effect. Patients in dangerWith extreme restrictions on abortion care, providers are concerned that patients will take matters into their own hands.

Persons: Kelly Flynn, ”, Flynn, she’s, ” Flynn, what’s, “, ’ ” Flynn, That’s, Alexandra Mandado, Mandado, we’ve, ” Mandado, “ I’ve, ’ ”, “ We’re, they’re, Cherise Felix, Felix, ” Felix, Jamie R, Grosshans, Caroline Mala Corbin, “ It’s Organizations: CNN, ”, Guttmacher Institute, Florida Supreme, ” University of Miami Locations: North Carolina, Virginia, Florida, Jacksonville, Texas , Louisiana, Tennessee, East, North Florida

☆ California Panera franchisee will raise minimum wage to $20 after political firestorm over minimum wage carveout
▼ + stars: | 2024-03-05 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

Los Angeles CNN —A Panera Bread franchise owner in California said he will raise the minimum wage for his employees after accusations he benefited from ties to the state’s governor to avoid hiking pay. A new state minimum wage law exempts certain businesses that make and sell bread – a carveout that critics contended benefited Greg Flynn, a billionaire Panera franchise owner who attended high school with Democratic California Gov. On Tuesday, Flynn told CNN that he has decided to raise the minimum pre-tip wage at all of his Panera Bread locations to $20 per hour, regardless of whether his fast-casual bakeries are exempt from the new minimum wage law or not. “At Flynn Group, we are in the people business and believe our people are our most valuable assets,” Flynn said. However, Flynn said he never personally met with Newsom about the minimum wage bill, though he did meet with Newsom’s staff and a group of other restaurant owners to discuss it.

Persons: Greg Flynn, Gavin Newsom, Flynn, “, ” Flynn, Newsom, ”, Alex Stack Organizations: Los Angeles CNN, Democratic California Gov, CNN, Flynn Group Locations: California

☆ Why Panera is causing a stir in California politics
▼ + stars: | 2024-03-01 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

And Panera Bread has been caught in the middle. Newsom has also said that Panera may not be exempt from the new minimum wage law after all. Nevertheless, on Thursday, Republican lawmakers in California called on the state’s attorney general to investigate the minimum wage exemption. Flynn’s company operates more than just Panera Bread locations. Stack also said that Newsom’s legal team determined that the carve-out would likely not apply to most Panera Bread locations.

Persons: Gavin Newsom, Greg Flynn, Newsom’s, Newsom, Flynn, Panera, ”, Brian Jones, owner’s Newsom, Myung J, Chun, “, ” Flynn, Taco, –, Alex Stack, Stack Organizations: Los Angeles CNN, Democratic California Gov, Republican, Los Angeles Times, CNN, Flynn Group, Taco Bell Locations: California, Los Angeles , CA

☆ After the Fed’s latest move, how come you’re still not getting a higher rate on your bank savings?
▼ + stars: | 2023-02-01 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +10 min

So how come you’re not getting a higher rate on your bank savings? Another high-yield savings optionGiven today’s still-high rates of inflation, Series I savings bonds may be attractive because they’re designed to preserve the buying power of your money. For the week ending January 26, the 30-year fixed rate mortgage averaged 6.13%, well above where it was a year earlier, at 3.55%. So, if you’re close to buying a home or refinancing one, lock in the lowest fixed rate available to you. The variable rate on a home equity line of credit or a fixed rate on a home equity loan will rise because their formulas are directly tied to the Fed’s rates.

☆ Is the ‘100 envelope challenge’ a smart money move?
▼ + stars: | 2023-01-31 | by ( Christine Romans | ) edition.cnn.com time to read: +4 min

It’s called the “100 Envelope Challenge” on TikTok, and it promises to put more than $5,000 in your pocket in just 100 days. Continue this way until day 100, when your final savings deposit of $100 will bring you to a grand total of $5,050. But given how popular the envelope challenge has become, I decided to ask certified financial planner Doug Flynn of Flynn Zito Capital Management for his take. “I’m all for whatever it takes to get people talking about saving money. The envelope challenge videos have a get-rich-quick flair that is certainly viral and entertaining, but obviously the exception, not the rule.

☆ What to do about the highest interest rate in 15 years
▼ + stars: | 2022-12-14 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

In its last policymaking meeting of the year, the Federal Reserve on Wednesday raised its benchmark interest rate for the seventh time in a row, to a range of 4.25% to 4.5%. Otherwise, any remaining balance will be subject to a new interest rate that could be higher than you had before if rates continue to rise. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. If that’s not possible, consider paying off that balance by taking out a HELOC with another lender at a lower promotional rate, McBride suggested. The floating rate is tied to a short-term benchmark rate, such as the fed funds rate, so it will go up whenever the Fed hikes rates.

☆ What rising interest rates mean for your credit, loans, savings and more
▼ + stars: | 2022-11-02 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

“Interest rates have increased at the fastest pace in 40 years,” said Greg McBride, chief financial analyst at Bankrate.com. They’re offering far higher rates – with some topping 3% currently – and have been increasing them as benchmark rates go higher. At the most recent auction in October, for instance, the 5-year TIPS had an interest rate of 1.625%. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year, jumping more than three percentage points. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up.

☆ What rising interest rates mean for your credit, loans, saving and more
▼ + stars: | 2022-09-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

“Credit card rates are the highest since 1995, mortgage rates are the highest since 2008, and auto loan rates are the highest since 2012. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year, jumping more than three percentage points. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. For example, financial service companies can do well in a rising rate environment because, among other things, they can make more money on loans. Bonds: Go shortTo the extent you already own bonds, the prices on your bonds will fall in a rising rate environment.

☆ How to take advantage of rising interest rates
▼ + stars: | 2022-07-27 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +10 min

Here are a few ways to situate your money so that you can benefit from rising rates, and protect yourself from their downside. Otherwise, any remaining balance will be subject to a new interest rate that could be higher than you had before if rates continue to rise. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. Bonds: Go shortTo the extent you already own bonds, the prices on your bonds will fall in a rising rate environment.

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