• Sun, December 8, 2024

by: St. Catharines Standard

Is your mortgage coming due in 2025? Here's how you can prepare for renewal shock

Experts say it's best to get an early jump on researching lender alternatives using rate comparison websites and even a mortgage broker who can leverage your renewal offer to land

by: Couriermail

Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty

HANOI: A Vietnamese property tycoon is in a race for her life to come up with $US9 billion ($14 billion) to escape the death penalty for masterminding the world's biggest bank fraud.

by: Business Insider

A FIRE blogger who built a 7-figure net worth shares 3 books that changed his money mindset

A former Meta employee who writes about financial independence full-time shares his top book recommendations, including Jack Bogle's "Enough."

by: bnnbloomberg

South Korea Set for More Turmoil After Yoon Escapes Impeachment

South Korean President Yoon Suk Yeol managed to avoid impeachment over the weekend by just a handful of votes. But pressure for him to step down is only intensifying.

by: The New York Times

Bill Clinton on the Election, D.E.I. and One of His Regrets

The former president also discussed Biden's decision to grant a pardon to his son, Hunter; the Israel-Hamas War; D.E.I. policies; his new book, " Citizen: My Life After the White House ," and how much voters should focus on the character of politicians. Here are five highlights from the conversation.

by: Oregonian

Liz Weston: Medicare Part D plan caps out-of-pocket max at $2,000 beginning in 2025

Prescription drug coverage is provided by private insurers, and their lists of covered prescriptions can change every year. Makes sure you know if your insurer still covers your needed medications.

by: Business Line

IRDAI, DFS support proposal for lowering GST on health policies for senior citizens, micro-insurance and term insurance policies

by: The Daily Star

MTB releases annual sustainability report for 10th year

Mutual Trust Bank PLC (MTB) released its "10th Annual Sustainability Report for 2023", styled "A Decade of Sustainable Commitment", in line with the Global Reporting Initiative (GRI) standards, at its head office in the capital's Banglamotor recently.

by: Yahoo

Where to find public parking on NSB's Flagler Avenue? Here are some options

Finding a spot to park near the popular beachside business district can be a challenge. Here are some public parking options.

by: Forbes

VAT In Europe: Key Reforms And Changes Coming In 2025

Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and updated rules for virtual events.

by: Reuters

VinFast to build second production plant in Vietnam

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: businesstech.co.za

A new type of mafia is targeting your bank account in South Africa

A new wave of fraud, orchestrated by international criminal syndicates, is targeting South African bank accounts.

by: Time

Cameo's CEO Steven Galanis on Rebuilding After the Pandemic and Embracing Influencers

Steven Galanis spoke with TIME about how Cameo is adapting to a post-pandemic world, artificial intelligence, and the changing nature of fame.

by: Arabian Business

Dubai Ruler Sheikh Mohammed announces new UAE Ministry of Family, government reshuffle

The changes include the establishment of the UAE Ministry of Family and the elevation of the Ministry of Community Development to become the Ministry of Community Empowerment

by: AOL

Wall Street's 2025 outlook for stocks

It's extremely difficult to predict short-term moves in the market with any accuracy. But the research, analysis, and commentary behind these forecasts can be very informative.

by: Yahoo Finance

Millions hurt by credit repair firms to share $1.8 billion in refunds

Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.

by: Trinidad Express Newspapers

ANSA MD De Souza a new SRC chairman

ANSA Merchant Bank managing director Ian De Souza has been appointed as a Chairman of the Salaries Review Commission (SRC).

by: Daily News

Orient Finance achieves net profit of Rs. 186.39 Mn, reflecting 300.67% increase

Orient Finance PLC, for the period ended September 30, 2024, reported significant growth in key financial metrics and achieved a net

by: The West Australian

Bank deposits boom as mortgage borrowers battle - the gap widens

There are two clear groups of Australians right now - those with the cash and those without it, and the cash holders are laughing all the way to the bank.

by: MSN

12 Legit Work From Home Jobs That Pay $30 or More per Hour

If you need a good-paying work from home job, look no further! Here are 12 remote jobs that pay $30 per hour or more!

by: Business Standard

Potato supply ban sparks political tensions, price hikes in states

Amid political blame game over Bengal's ban on tuber exports, which led to shortages in Jharkhand and Odisha, Uttar Pradesh farmers are the unlikely winners

by: businessday

Mournful faces everywhere as economy bites with no respite in sight

Nigeria, Africa's largest oil producer, is reeling from a series of economic shocks exacerbated by policy decisions that, while

by: MSN

Let's Talk Business in Pueblo: Parade of Lights winners, new development programs and more

Here's what's new with Pueblo businesses this week, including PCSO K-9 teams recertifying, a new business scaling program and Pueblo Restaurant Week.

by: Business Standard

Centre may halt Sovereign Gold Bonds issuance from FY26 to reduce govt debt

government's fiscal burden. Now that the government has decided to sustainably bring down the debt-to-GDP ratio from FY27, there is no reason why such a scheme should be continued. It has also outlived its initial purpose of reducing physical gold imports," a senior government official said,

by: The West Australian

Green shoots emerging as Praemium follows the money

There is an old line that says 'patience pays a premium' when it comes to the market, and that by exerting some restraint the calm investor can gain opportunities that the bold never will.

by: Yahoo Finance

How Trump's policies could lead to a resurgence of industrial stocks: Top picks for 2025

The industrial sector is gaining confidence heading into 2025 after months of contraction, according to top business leaders and industry analysts.

by: AOL

Meet John Elkann, the enigmatic billionaire heir fighting to save Jeep parent Stellantis

To get a better idea of how 48-year-old John Elkann ticks, Fortune spoke to the author that chronicled his family's turbulent history.

by: Business Line

IRDAI, DFS support proposal for lowering GST on health policies for senior citizens, micro-insurance policies, term insurance policies

by: businesstech.co.za

4 banks call it quits in South Africa in 2024

BNP Paribas, HSBC, Sasfin Bank and Bidvest Bank have all announced massive changes to their South African operations in 2024. French-based BNP Paribas was the first bank of the four to announce changes to its South African operations, with it no longer operating as a bank in South Africa.

by: Yahoo Finance

3 AI Stocks to Buy and Hold for the Rest of the Decade

As 2025 approaches, investors may start to think about how they want to approach the second half of the decade. The emergence of ChatGPT helped make Nvidia the AI stock of the decade's first half. While it is nearly impossible to predict the best performer for the rest of the decade,

by: Business Line

Parliamentary panel advocates automated compensation process for banking fraud victims

by: Business Standard

Limited appetite raises questions on insurance FDI growth projections

The pace of FDI utilisation has been slow. Among private-sector non-life insurers, no company has reached the current 74 per cent threshold

by: MSN

Malvern-Based Vanguard Executive Karin Risi Retires After 27 Years of Service

Karin Risi, head of strategy, product, marketing, and communications at Malvern-based Vanguard Group, will retire at the end of the year after 27 years

by: MSN

Trump's France visit comes amid tariff threats and a country in economic turmoil

The toppling of France's PM Michel Barnier is the shortest tenure since 1958 and leaves the country without a government or a national budget. What's the outlook?

by: Business Standard

EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency

The Government of Andhra Pradesh in collaboration with state-owned Energy Efficiency Services Ltd (EESL) has launched three transformative programmes to drive energy efficiency, environmental sustainability,

by: Yahoo Finance

3 Stocks That Turned $1,000 Into $1 Million (or More)

Looking at history, there are some dominant companies today that have compounded shareholder capital in a remarkable fashion. In fact, here are three stocks that have turned a $1,000 initial investment into $1 million (or more).

by: MSN

Goddard Children's Business Fair sparks entrepreneurial spirit

On Saturday, the Goddard Community Center hosted the Goddard Children's Business Fair, where kids showcased their business skills.

by: MSN

Father and son, business development reps a generation apart

by: MSN

Warren Buffett's No. 1 Rule for Living Your Best Life Comes Down to 2 Words

by: MSN

Latest on EARLY retirement for South African civil servants

Government hopes to tackle its mounting public wage bill by offering early retirement to South African civil servants. Here's how it'll work

by: MSN

Tick-tock. Social Security Fairness Act's nearing death without Senate vote scheduled

A bill to boost Social Security for public workers will die if the Senate doesn't pass it by year end. Senators and workers are urging a vote ASAP.

by: MSN

How to Create and Print Professional Business Cards at Home

by: MSN

2 Reasons to Buy British American Tobacco Stock at the End of 2024 and 2 Reasons to Avoid It for Now

As 2024 comes to a close, British American Tobacco's (NYSE: BTI) stock is sitting on a roughly 25% year-to-date price gain. That's a pretty rapid advance, particularly for a company that is largely viewed as an income investment,

by: MSN

Pennsylvania Unlocks Growth with Low-Interest Loans: New Jobs and Opportunities in Centre, Lancaster, and Westmoreland Counties

The Pennsylvania Industrial Development Authority (PIDA) has approved new low-interest loans aimed at fostering business expansion and securing employment opportunities across the Commonwealth. Announced by Department of
  • Mon, December 9, 2024

by: The Boston Globe

Reimagining business success in Rhode Island communities

The LocalBiz Resiliency Program launches "one-stop shop" small business support cohorts in Woonsocket, Central Falls.

by: Fast Company

Finance leaders discuss the challenges and opportunities reshaping the corporate world

by: Yahoo Finance

Trump's business empire has expanded. Here's where he could profit in his second term.

When Trump returns to the White House, he'll do so with a more sprawling business empire and far fewer promises about how he'll avoid conflicts of interest.

by: Reuters

Bank of England's Ramsden says will be vigilant towards greater risk-taking

The Bank of England will be vigilant over the possibility that investors will take greater risks after a year of relative stability in markets, Deputy Governor Dave Ramsden said on Monday.

Is your mortgage coming due in 2025? Here's how you can prepare for renewal shock

Experts say it's best to get an early jump on researching lender alternatives using rate comparison websites and even a mortgage broker who can leverage your renewal offer to land
The article from The St. Catharines Standard discusses the impending "renewal shock" for Canadian homeowners whose mortgages are due for renewal in 2025. It highlights that many homeowners, particularly those with variable-rate or short-term fixed-rate mortgages, might face significantly higher interest rates upon renewal due to the Bank of Canada's recent rate hikes. The piece advises homeowners to start preparing by assessing their financial situation, possibly extending amortization periods to lower monthly payments, or considering breaking their current mortgage to lock in a fixed rate now if it's financially beneficial. It also suggests looking into refinancing options, making extra payments if possible to reduce the principal, or even selling the property if the new payments become unaffordable. The article emphasizes the importance of understanding one's mortgage terms, shopping around for the best rates, and consulting with a mortgage broker to navigate the renewal process effectively.

Read the Full St. Catharines Standard Article at:
https://www.stcatharinesstandard.ca/business/personal-finance/is-your-mortgage-coming-due-in-2025-heres-how-you-can-prepare-for-renewal-shock/article_0456a240-cb6b-5e24-930f-72254f0dc887.html

Like: 👍