• Tue, December 31, 2024

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: 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.
  • 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: omanobserver

New guidelines for govt contracts

MUSCAT: In a move to strengthen fiscal discipline and streamline the management of financial commitments, the Ministry of Finance has issued

by: Couriermail

One dead, several injured as Tesla Cybertruck explodes outside Trump International Hotel in Las Vegas

One person is dead and several others have been left injured after a Cybertruck exploded outside the Trump International Hotel in Las Vegas on New Year's Day.

by: Reuters

South Korea to spur foreign inflows by easing rules on FX trading

South Korea will permit registered foreign financial institutions to engage in foreign exchange trading for current transactions, including export and import settlements, from mid-January, the finance ministry said on Thursday.

by: Cosmopolitan

Aries 2025 Horoscope Predictions: Career, Love, and Finance

If your star sign is Aries, would you like to know what your horoscope says for 2025? The year ahead has grounding energy. You feel content about your career and financial position; Why keep chasing something if you're okay where you're at?

by: MSN

Stellantis N.V. (STLA): A Bull Case Theory

We came across a bullish thesis on Stellantis N.V. (NYSE:STLA) on Value Investing Subreddit Page by Clean_Bag_5433. In this article, we will summarize the bulls' thesis on STLA. Stellantis N.V. (NYSE:STLA)'s share was trading at $13.

by: MSN

AST SpaceMobile Inc (NASDAQ:ASTS): A Bearish Investment Perspective

We came across a short thesis on AST SpaceMobile Inc (NASDAQ:ASTS) on ValueInvestorsClub by Flaum. In this article we will summarize the bears' thesis on ASTS. The company's shares were trading at $29.

by: Cosmopolitan

Leo 2025 Horoscope Predictions: Career, Love, and Finance

What often happens when we start to disconnect from someone is we "fill the gaps" in what would have been dialogue or experience with our own interpretations (which are often wrong). Nip things in the bud.

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: MSN

Focus on the first $100K says millionaire Mark Tilbury

Self-made millionaire says investors should focus on the first $100,000 — after that "your net worth will go crazy"

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.
  • Thu, January 2, 2025

by: cnbctv18

Gift vouchers and cards not liable to GST: All you need to know

Prepaid vouchers, such as gift cards and digital wallets, are recognised by the Reserve Bank of India (RBI) as prepaid instruments. These vouchers are treated as 'money' under the GST framework.

by: Goodreturns

Good News For Taxpayers! Now, You Can Claim Tax Rebate Under Section 87A; Eligibility, Benefits, How To Claim?

The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit. Taxpayers can claim their rebate in section 87A by filing of belated or revised income tax return.

by: KOSU

Agriculture economy enters 2025 with weak forecast

An Ag Finance Update from the Federal Reserve Bank of Kansas City shows farm income and loan repayment rates weakened in the third quarter.

by: privatebankerinternational

What about AI and private banking in 2025?

Artificial intelligence, AI, was a big topic for private banking and wealth management in 2024 and into 2025. This shows no sign of changing as the technology evolves and brings greater value to both clients and institutions. So what comes next? And will AI hit its private banking ceiling in 2025? PBI asks the experts

by: Forbes

Alternative Investments: Expanding Your Portfolio Beyond Traditional Assets

Options exist for investors expanding beyond traditional assets. Each must be considered through the lens of risk tolerance, time horizons and overall investing goals.

by: Tuko

List of 7 Multi-Billion Business Deals President Ruto Inked in 2024

William Ruto's administration reached multi-billion shilling agreements in the year ending December 2024, including the construction of Nairobi-Mombasa Expressway

by: Tuko

Makueni Space Object: Kenya, Other Countries Where Rocket Parts Mistakenly Fell

Kenya Space Agency (KSA) confirmed that the partially burnt metallic object weighing approximately 500 kg and measuring 2.5 meters in diameter was from a rocket.

by: Forbes

5 Ideas To Make Money Online From Podcasts In 2025

Every day, millions tune into Spotify or Apple Podcasts to listen to their favorite podcasts. Here are five ways to make money online by starting a podcast in 2025.

by: MSN

"Not about free speech" - Kevin O'Leary's plan to buy TikTok explored

Kevin O'Leary, Shark Tank's "wonderful" investor, has revealed his plan to purchase TikTok's US operations in an extraordinary move consistent with his business approach and risk-taking personality.

by: MSN

India's economic outlook for 2025: Navigating slowdown, structural challenges and global uncertainty

The Reserve Bank of India (RBI) faces its own set of challenges. With inflationary pressures and a fragile rupee, there is little room for significant interest rate cuts. The RBI is caught in a delicate balancing act,

by: MSN

Top Stocks To Watch Out For January 2: M&M, South Indian Bank, Tata Motors & Others In Focus

The Nifty opened flattish and after the initial drop to 23,550 levels, it witnessed a pullback move of 260 points. The index has been consolidating within a band from the last seven trading sessions.

by: MSN

Private social clubs in Palm Beach County offer a place for business and fun

The way people socialize and network with each other is yet another ripple effect of the migration of wealth to greater Palm Beach County since the pandemic.

by: MSN

Four coins to watch in January 2025 that could outperform Ethereum (ETH) and Tron (TRX)

As 2025 unfolds, the cryptocurrency niche is abuzz about the forthcoming big players. Although Tron TRX and Ethereum ETH remain impressive, a new breed of altcoins is promising even better rewards. Some of such new projects are Rexas Finance RXS,

by: MSN

B2B infra, AI and DPI plans are brewing at 2025-ready fintech

Heading into 2025, the fintech sector is expected to emphasise B2B infrastructure solutions, AI-driven compliance automation, and secured credit products. Despite a slowdown in consumer lending, venture investors are eyeing business lending and digital public infrastructure innovations,

by: MSN

The danger areas ahead for the global economy in 2025

It also happens to be the 2025 Year Ahead season, as the "bulge bracket" institutions of Wall Street put out their annual forecast tomes as to what they see looming on the horizon for the global economy.

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.
The U.S. Securities and Exchange Commission (SEC) has initiated a civil enforcement action against the fintech company Dave and its CEO, Jason Wilk, as reported by Reuters on December 30, 2024. The allegations include misleading investors about the company's financial health and user growth metrics during its initial public offering (IPO) in 2021. Specifically, the SEC claims that Dave and Wilk overstated the number of active users and the company's revenue projections, which were used to inflate the company's valuation. The enforcement action seeks penalties, disgorgement of ill-gotten gains, and an injunction against further violations of securities laws. This case highlights ongoing concerns about transparency and accuracy in financial reporting by fintech startups, particularly those leveraging technology to disrupt traditional banking services.

Read the Full Reuters Article at:
https://www.reuters.com/legal/us-announces-civil-enforcement-action-against-fintech-app-dave-its-ceo-2024-12-30/