Fri, January 3, 2025

by: Reuters

Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path

Shares of Fannie Mae and Freddie Mac , the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their "orderly" release from conservatorship.

by: AOL

The Crystal Ball: Envisioning how AI will shape our world in 2025

The AI boom was the biggest story in 2024, and it looks like Term Sheet readers think it'll be the biggest story in 2025.

by: cnbctv18

Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%

Cumulatively, for the nine months ended December 31, 2024, disbursements reached ₹42,350 crore, marking a 4% YoY increase. Shares of Mahindra & Mahindra Financial Services Limited ended at ₹276.45, up by ₹0.

by: Reuters

India's Kotak Mahindra Bank's Milind Nagnur steps down as COO, CTO

Kotak Mahindra Bank's Milind Nagnur resigned from his positions as chief operating officer and chief technology officer, effective Feb. 15, due to personal reasons, the Indian private lender said on Friday.

by: Forbes

Redefining Value And Innovation In A New Era Of Relationship Capital

The delicate relationships between procurement teams, marketing teams and third-party advertising agencies should be set up properly to deliver top organizational value.

by: voguebusiness

Cut From AnOther Cloth: Dhruva Chandramouli and Jenny Chim

Jenny Chim is a multi-faceted and experienced tailoring consultant of Chinese descent. Dhruva Chandramouli is a British Indian tailoring adviser. They both work at JP Hackett on 14 Savile Row.

by: AOL

These 5 Artificial Intelligence (AI) Stocks Make Up 28.8% of the Entire S&P 500 Index

The S&P 500 (SNPINDEX: ^GSPC) is home to 500 companies from 11 different sectors of the economy, making it the most diversified of the major U.S. stock market indexes. The S&P 500 delivered a return of 25% during 2024,

by: AOL

Are airline credit cards worth it? Yes, but there's one big catch.

We'll show you how to unlock the hidden potential of airline credit cards while avoiding common pitfalls that can drain your wallet.

by: Mint

Davin Sons Retail IPO Day 2: Subscription status, GMP, price band and other details about SME issue

The Davin Sons Retail IPO opened on January 2 and closes on January 6. The company plans to raise over 8 crore via the issue and use the funds for capital expenditure and working capital.

by: MSN

Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 target

Kotak Institutional Equities has initiated a "sell" rating on Bajaj Housing Finance, citing expensive valuations and a potential 21% downside risk. The brokerage expects 25% earnings growth over FY2024-27E but projects flat margins and moderate RoE.

by: MSN

Best Reverse Mortgage Companies of 2025

by: Forbes

10 Must-Read Tech Books Of 2024

The past year was a transformative one in technology. Many tech books published in 2024 offer key insights in the latest innovations. Here are 10 to add to your list.

by: MSN

Charles Schwab Bank Review

Charles Schwab Bank offers unlimited ATM fee reimbursements worldwide, and there are no penalties for using your debit card abroad. Start saving today.

by: cnbctv18

GST in Transition: A look back at 2024 and what's ahead in 2025

With new regulations and potential adjustments on the horizon, 2025 promises to be another year of growth, reform, and modernization in India's GST journey, writes Nangia & Co LLP's Rakesh Nangia and Sivakumar Ramjee.
Thu, January 2, 2025

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex drops 100 points, Nifty tests 24,200; DMart soars 10%, Hero Moto sheds 3%

Stock Market LIVE Updates | Indian markets rose on Thursday, marking the second consecutive day of gains in the new year. The Nifty index saw a significant 2% increase, its biggest gain since late November.

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade higher

Stock Market LIVE Updates | Indian markets rose on Thursday, marking the second consecutive day of gains in the new year. The Nifty index saw a significant 2% increase, its biggest gain since late November.

by: Reuters

India's NBFC body urges government to create liquidity facility for priority sector lending

An industry body for India's non-banking finance companies (NBFCs) has asked the government to create a refinance or liquidity facility to boost lending to priority sectors such as agriculture, medium and small enterprises,

by: Law

Deal Watch: Latham, Paul Weiss, Debevoise Land on Year-End Big Deals. Plus, Mixed Messages for 2025 M&A

Latham landed on several of the biggest deals in the last half of December, while Paul Weiss and Debevoise steered a megadeal.

by: AOL

Turo explainer: The car-rental app used in the Las Vegas, New Orleans attacks

What is Turo, the peer-to-peer car rental app used in the deadly Las Vegas and New Orleans attacks? Yahoo Finance explains.

by: WHKY

New Laws In Effect In North Carolina

With the arrival of the new year, there are some changes in the laws and policies that govern the state. From tax updates to shifts in liability insurance and

by: AOL

5 tech CFOs predict how AI will shape finance

How do you think AI will continue to shape finance in 2025? Let's dive right into Scott Herren, EVP and CFO at Cisco In 2025, we expect AI to significantly impact finance, with advancements in intelligent monitoring,

by: Fortune

How to become a financial advisor: 4 steps to a life-long career

AI fears are not impacting the need for financial advisors, a career that can easily earn over $100k.

by: Reuters

SoFi shares fall after KBW downgrade on valuation concerns

Personal finance app SoFi Technologies' shares fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to "underperform" on concerns over its lofty valuation and ambitious financial targets.

by: Upstream

Oil majors revamp refineries as renewable fuels demand expected to recover in 2025

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: 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: 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: 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: 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: 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: 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: 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.

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: 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.
Wed, January 1, 2025

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

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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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.

Northern Territory's only commercial bait business battles to stay afloat

Buying bait that has been imported from interstate or overseas is now common in the NT after the Territory's only commercial bait business hit trouble.

The article discusses the challenges faced by the Northern Territory's only commercial bait business, BCF Bait, as it struggles to remain operational. Located in Darwin, the business has been hit hard by a combination of factors including increased competition from cheaper imported bait, rising operational costs, and environmental changes affecting local bait supply. Owner John Smith highlights the difficulties in sourcing local bait due to unpredictable weather patterns and overfishing, which have diminished the availability of traditional bait species. Additionally, the business has seen a decline in demand as recreational fishers increasingly turn to artificial lures. Despite these obstacles, Smith is attempting to adapt by exploring sustainable bait alternatives and seeking government support to keep the business afloat, emphasizing the cultural and economic importance of maintaining a local bait industry.

Read the Full MSN Article at:
https://www.msn.com/en-au/money/other/northern-territory-s-only-commercial-bait-business-battles-to-stay-afloat/ar-AA1wRTx4