• Mon, December 30, 2024

by: Reuters

Bank regulator gives BlackRock January deadline on bank stakes

The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions,

by: MSN

Treasury small business ownership rule on hold as court eyes constitutionality

A Jan. 13 deadline for businesses to report "beneficial ownership information" was delayed again following a court order.
  • Tue, December 31, 2024

by: Salon

5 thought-provoking books of 2024

A recent addition to a chorus of books on the impact of gender bias on the economy and society, " Fair Shake: Women & the Fight to Build a Just Economy by Naomi Cahn, June Carbone and Nancy Levit rests on a premise of a "winner take all economy."

by: Kiplinger

Ignoring Your Company's Dress Code Can Get You Fired

Both employers and prospective employees need to be upfront about expectations on the job regarding appearance, and other policies, before a job offer is accepted.

by: FTAdviser

Financial services recognised in New Year honours list

The financial services industry has been recognised in the 2025 New Year honours list with several members receiving knighthoods, OBEs, and MBEs.

by: Investopedia

Fox/News Corp Battle: What Murdoch's Failed Power Play Means for Investors

Rupert Murdoch had recently tried to shift power of his empire to one of his son's by reopening his family trust. Why was his initial move unsuccessful?

by: Tuko

Kenyans Pay More for Food, Cooking Gas in December as Inflation Rises

Kenya National Bureau of Statistics (KNBS) reported a sharp rise in the consumer price index (CPI) in December due to increased prices of food and non-food items.

by: Marketplace

"Cash stuffing" is the TikTok update to grandma's budgeting

Cash stuffers post videos of perfectly manicured nails delicately organizing their bills, almost like an unboxing video for their paycheck.

by: Forbes

The 2 Fastest-Growing Skills To Boost Salaries Up To 47% In 2025

The two fastest-growing skills of the future are in artificial intelligence. Learn the two skills you need for 2025, and boost your salary by up to 47%.

by: Reuters

US files complaint against fintech app Dave and its CEO

The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged violations of federal law.

by: MSN

List of most controversial Kenyan govt projects, policies in 2024 including Adani deals

President William Ruto's administration passed several policies and deals, including the Adani Group agreements, that sparked controversy among Kenyans.

by: MSN

Taurus Yearly Horoscope 2025: Prosperity, Love, and Unexpected Surprises Await

Taurus natives in 2025 will see personal and professional growth, with challenges in the first half, especially in health and property. Improved financial prospects, strong career advancements, and harmonious relationships are expected in the later months.

by: Reuters

Maersk asks customers to remove cargo before potential strike at US ports

Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike.

by: Reuters

Italian shoemaker Geox to invest $125 million in five-year plan

Italian shoemaker Geox plans to invest about 120 million euros ($125 million) as part of an industrial plan to 2029 and has signed a five-year deal with a leading Chinese operator to expand its presence in the country.

by: MSN

Aries Yearly Horoscope 2025: Financial Breakthroughs and Challenges You Need to Know!

Aries natives experience a transformative year driven by planetary transits. Key areas impacted include health, career, relationships, and finances. Initial favorable conditions give way to challenges,

by: MSN

Bakery owner warns of devastating impact on small businesses if Trump's tax cuts aren't extended

The Dessert Ladies co-owners Geraldine Keogh and Lindsay Smith discuss the business' success under Trump's first presidency and the potential impact of the president-elect's term on the future of small businesses.

by: MSN

Tariffs are mud in the gears of business, says Bleakley's Peter Boockvar

Peter Boockvar, Bleakley Financial Group chief investment officer, joins 'Money Movers' to discuss markets, impact of tariffs and his 2025 outlook.

by: MSN

Could France be a riskier bet than Croatia? The bond market will have a say in 2025

French 10-year bond yields are climbing ever higher, showing a mounting concern for the country's finances. But does the current pricing spell trouble for the country's future debt servicing? View on

by: MSN

15 Banks and Credit Unions that Exchange Foreign Currencies

Uncover convenient currency exchange locations near you. Our guide has banks and credit unions that offer services for your foreign currency needs.

by: MSN

5 simple money resolutions I make every year that help me earn more, spend less, and build wealth

Instead of making annual resolutions, she spends one month focusing on her finances to set herself up for a strong year.

by: MSN

Unlock Your Destiny in 2025: Exclusive Sun Sign Predictions by Pt Umesh Chandra Pant

Welcome to the much-awaited 2025 Horoscope predictions for all 12 sun signs, brought to you by India's renowned astrologer, Pt Umesh Chandra Pant. As we step into a new year filled with opportunities and challenges,

by: MSN

Interview: "Our finance-specific AI agents gain global recognition," say co-founders of AI search solutions startup

South Korean popular culture—spanning K-pop, dramas, and films—continues to capture the world's attention. Meanwhile, the country's startups, though not yet achieving the same level of global recognition,

by: MSN

Small language models set to be the next big thing in AI

SLMs can generate human-like language but are trained on smaller datasets with fewer parameters. They are said to be easier to train and use, consuming less computational power, more cost-effective, and better suited for specific tasks.

by: MSN

Former HSBC and Rolls-Royce bosses knighted

Former HSBC and Rolls-Royce bosses knighted - The chiefs of Network Rail, Chanel and the British Business Bank are also among those from the business world receiving honours.

by: MSN

Rogers finally opens and spending: Five Newport storylines to watch in 2025

That's why the Newport Daily News has compiled a list of storylines to keep an eye on in 2025: to serve as a guide for those interested in reading more local news in the new year as well as a refresher for those for whom the local news is as common on their breakfast table as a fresh cup of coffee.

by: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) December 31, 2024: Communicate with clarity!

Virgo Money Horoscope Today Profit levels will be average. Business activities will pick up. Career and business will gain speed. Perform better in financial matters. Matters related to property and vehicles will work in your favour.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), December 31, 2024: Confidence will stay high!

Aries Money Horoscope Today Expect excellent results in career and business. Profits will remain strong. Commercial activities will accelerate. Wealth and resources will grow. Aries Career Horoscope Today Diverse efforts will gain momentum.

by: MSN

Cash advance firm sues Mike Lindell for refusing to pay back $1.5 million loan

Cash advance firm sues Mike Lindell for refusing to pay back $1.5 million loan - Exclusive: Lindell said his legal woes are not his priority, telling The Independent, "I'm trying to run companies and get rid of the electronic voting machines.
  • Wed, January 1, 2025

by: cryptonews

Experts: AI Agents Will 'Supercharge' Crypto in 2025

The main actors of the coming "crypto supercycle" are AI agents, autonomous programs designed to perform specific tasks.

by: Forbes

Germany's Move To E-Invoicing: What To Expect In 2025 And Beyond

Germany's transition to mandatory e-invoicing begins in 2025. This article delves into both the key features and some lesser-known aspects of the e-invoicing mandate.

by: CNET

If You Made Money via PayPal, Venmo or Cash App in 2024, Get Ready for This IRS Tax Change

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal, Venmo or Cash App to report income of over $600 or more per year to the tax agency. The IRS delayed this new reporting requirement in 2022 and again in 2023.

by: cnbctv18

VFS Capital applies for small finance bank licence

The Reserve Bank of India on Wednesday (January 1) disclosed that it has received an application from the Kolkata-based VFS Capital Ltd under the 'on tap' licensing guidelines for small finance banks in the private sector.

by: inforum

An overview of Minnesota's cannabis industry in 2024 and what to expect in 2025

Earlier this month, the Office of Cannabis Management announced it will hold two lotteries in 2025: one for social equity applicants and one for other applicants seeking permits for cannabis businesses.

by: Forbes

Altcoin Season 2025: A Crypto Bull Run Guide

The growing presence of institutional investors in the Bitcoin market has reshaped its dynamics. But "wen altszn?"

by: Reuters

Citigroup, BofA join US lenders in exiting Net-Zero Banking Alliance

U.S. banks Citigroup and Bank of America said on Tuesday they are exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions.

by: CNET

This Charlotte Tilbury Privacy Class-Action Settlement Closes Tomorrow: Are You Eligible?

The beauty brand Charlotte Tilbury was sued for violating Illinois privacy laws and is paying out nearly $3 million to those affected, but you only have until tomorrow to opt-in.

by: Cosmopolitan

Aquarius 2025 Horoscope Predictions: Career, Love, and Finance

What resonates? How do you describe and evaluate true wealth? And what does that mean for your own life? The answers will come from observing others ideas and presentations of it, so get used to spotting this.

by: MSN

What is Generational Wealth and How Do You Build It?

By definition, generational wealth, also referred to as family wealth or legacy wealth, represents wealth passed down from one generation to the next. If you can leave behind a notable amount of money or assets,

by: MSN

82% of Andhra CM Naidu's Rs 931 cr wealth due to family shares in Manmohan-era retail firm

About 82 per cent of the Rs 931 crore wealth attributed to Andhra Pradesh chief minister N Chandrababu Naidu is on account of his family's shareholding in a dairy product retailing firm that was set up soon after Manmohan Singh opened up the Indian economy more than three decades back,

by: MSN

How To Financially Plan for the New Year Under the New Trump Presidency

In addition to all the usual year-end tax moves and other financial tweaks, many Americans are also looking ahead to how a new presidential administration under President-elect Donald Trump

by: MSN

Working from home isn't a perk for me. It's a necessity.

Kyle Ankney's pursuit of a remote PR role highlights hurdles faced by those with disabilities, as his insurance provides in-home care.

by: MSN

When is the next holiday? Here's when all the federal holidays are in 2025

Is Juneteenth a federal holidays? How about Columbus Day and Presidents' Day? Here's everything to know about the bank holidays in 2025.

by: MSN

List of new taxes introduced by William Ruto's administration in 2024

William Ruto's administration introduced several new taxes, including the housing levy, as part of its fiscal strategy to boost government revenue.

by: MSN

Singapore Post names new CFO in executive overhaul after whistleblower report

Singapore Post has appointed the CFO of its Australia business as group finance chief, the company said on Sunday, a week after dismissing its CFO and two senior executives for mishandling a whistleblower report.

by: MSN

Capricorn Yearly Horoscope 2025: Prosperity, Love, and What's Written in the Stars

Capricorns can expect growth and stability in 2025 across health, education, career, and relationships. The first half offers financial gains and harmonious relationships, while the second half requires caution and strategic efforts.

by: MSN

Rabbit Monthly Chinese Horoscope for January 2025: Achieve Your Goals with Friends

January 2025 is a prosperous month for Rabbits, characterized by strong opportunities for career advancement through teamwork, financial growth through investments, and enhancing personal relationships.

by: MSN

IFC, ADB, DEC get CCI's clearance to acquire stake in Fourth Partner Energy

CCI has approved the acquisition of certain shareholding in Fourth Partner Energy by IFC, ADB, and DEG to support its expansion in renewable energy. Additionally, CCI cleared Mars Inc's $35.9 billion acquisition of Kellanova,

by: MSN

2025 Forecast: What's coming for the Indian economy in 2025 as it seeks more purple patches?

India's economic growth slowed to 5.4 per cent in Q2, but economists see recovery driven by strong festival activity, rural demand, and potential interest rate cuts. The RBI projects real GDP growth at 6.

Bank regulator gives BlackRock January deadline on bank stakes

The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions,
The U.S. Federal Reserve has set a deadline of January 2025 for BlackRock to reduce its stakes in banks to comply with regulations that limit ownership in banks to 24.9% for non-banks. This decision follows BlackRock's acquisition of a 25% stake in a bank, which was initially approved with the condition that the stake would be reduced within a specified timeframe. The move is part of broader regulatory efforts to ensure that no single entity has excessive control over financial institutions, thereby maintaining stability and competition in the banking sector. BlackRock, one of the world's largest asset managers, has been given until January 8, 2025, to adjust its holdings accordingly.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/bank-regulator-gives-blackrock-january-deadline-bank-stakes-2024-12-30/

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