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Home Daily Digest

Daily Digest – June 6. Why Consumers Pose Most Dangerous Threat to Economy; Resurgent Purchase of SquareTwo Gets Approval

mikegibb by mikegibb
June 6, 2017
in Daily Digest
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FREE WEBINAR TODAY! How to Turn Complaints Into Training Opportunities. Sign up now to hear from experts Harry Strausser, Mary Shores, and Jana Meyer talk about ways to make lemonade from the lemons of complaints, be they from consumers or clients. The webinar will take place Tuesday, June 6 at 1pm EDT and is sponsored by Peak Revenue Learning. 

The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.

WHY CONSUMERS POSE MOST DANGEROUS THREAT TO U.S. ECONOMY

  • The most dangerous threat to the U.S. economy is consumers, according to a cover article in Barron’s magazine. Consumers have stopped spending and are feeling more stress over their mounting debt burdens, which is why the economy is not growing as robustly as it has in years past.

BANKRUPTCY JUDGE APPROVES SALE OF SQUARETWO TO RESURGENT CAPITAL

  • A bankruptcy judge in New York said yesterday that he will approve the sale of SquareTwo Financial to Resurgent Capital. Resurgent has agreed to invest more than $405 million into SquareTwo, which will result in a final purchase price of $252 million. (registration required)

STATE AGS JOIN FORCES TO OPPOSE RINGLESS VOICEMAIL PROPOSAL

  • Attorneys general from three states — New York, Massachusetts, and Kentucky — are joining forces to oppose a proposed rule that would exempt ringless voicemails from the Telephone Consumer Protection Act. The Federal Communications Commission has announced its intention to learn more about the technology and is soliciting comments on the proposal.

WORTH NOTING: 11 changes that are coming to iPhones with iOS 11 … Economists are not very bullish on the U.S. economy for the next year or two … What they posted on Facebook cost 10 high school seniors acceptance into Harvard … A 25-year old federal contractor has been arrested by the FBI for leaking a classified document … Why you should spend the extra money on synthetic oil, according to AAA … Well Fargo is the least respected company in America, according to the results of a survey … Decoding the myths of success … Campaigning for president gave the Trump family a new idea for a line of hotels.

How science can help you fall asleep

Why your online searches say more about you than you ever will

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.

The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.

Related

Previous Post

Consumers, and Their Growing Inability To Make Debt Payments, Pose Biggest Threat To Economy

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Daily Digest – June 7. Debt Collection ‘Abuses’ Are Largest Source of Complaints by Military to CFPB; Bankruptcy Filings Increase

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Daily Digest - June 7. Debt Collection 'Abuses' Are Largest Source of Complaints by Military to CFPB; Bankruptcy Filings Increase

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