• Thu, January 2, 2025

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: 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

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: 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: 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: MSN

Stocks to Watch: IRFC, RITES, Avenue Supermarts, Hero MotoCorp, NHPC, and more

Here's a quick look at stocks likely to be in focus in today's trade. IRFC: Indian Railway Finance Corporation Ltd (IRFC) has signed a Memorandum of Understanding (MoU) with Railway Energy Management Company Ltd (REMCL),

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: MSN

DepEd seeks tighter links with DBM, DOF to increase funding

The Department of Education (DepEd) assured Thursday that it has been exploring collaborative measures with the Department of Budget and Management (DBM) and the Department of Finance (DOF) in a bid to address funding gaps in the agency's basic education programs.

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: 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: 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: MSN

Experts fear last-minute corporate tax law could have unintended, costly consequences

The so-called 'trapped profits bill' that took effect on Jan. 1 aims to curb tax avoidance amid expensive war, but some worry it'll be hard to implement and discourage investment The post Experts fear last-minute corporate tax law could have unintended,

by: MSN

Ethics report details allegations of campaign violations by Florida Rep. Cherfilus-McCormick

A report containing findings by the Office of Congressional Ethics, released Thursday, provides details of multiple campaign transactions and official government office activities by U.S. Rep. Sheila Cherfilus-McCormick that investigators said may have violated House rules and federal law.

by: MSN

Tariffs, Musk, and borders: Policy uncertainties of the incoming Trump admin

The biggest question marks for the 2025 outlook involve how the incoming Trump administration's policy agenda will reverberate through the U.S. and global economies. Why it matters: The incoming administration has big plans in areas including trade policy,

by: MSN

Ethics report details allegations of campaign violations by Cherfilus-McCormick

A report containing findings by the Office of Congressional Ethics, released Thursday, provides details of multiple campaign transactions and official government office activities by U.S. Rep. Sheila Cherfilus-McCormick that investigators said may have violated House rules and federal law.

by: MSN

Western Markets Losing Their Grip On Gold & Silver | Peter Grandich

Precious metals expert Peter Grandich warns of Western markets losing their grip on gold and silver, with Asia emerging as the dominant force.

by: MSN

IBM Faces UK Watchdog Scrutiny for HashiCorp Buyout: Trouble Brewing?

International Business Machines Corporation IBM has welcomed 2025 with an apparent glitch in its effort to develop a comprehensive suite of modernized cloud security and compliance solutions with the proposed acquisition of HashiCorp Inc.

by: MSN

Camposol makes interim CEO Ricardo Naranjo permanent chief executive

Peru-based fresh-produce giant Camposol has named its current interim CEO Ricardo Naranjo as the permanent head of the company. Naranjo has been interim chief executive since June when former CEO José Antonio Gómez resigned.

by: MSN

Data Reveals Abrupt Shift in Consumer Sentiment Toward Personal Finance After Trump Win

Data points to an abrupt shift in the sentiment and priorities of Americans when it comes to their personal finances since the outcome of the 2024 presidential election became clear. Demand for professional financial advice has increased,

by: MSN

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.

by: MSN

Here's how far a middle-class salary goes in Austin

Outside of East and West coast cities, only Denver rivals Austin's cost of living in a new study by GoBankingRates that looked to see how far such salaries go in the largest U.S

by: MSN

Market Open: January 2, 2025

Scammers are using a multi-step process to gain the trust of elderly individuals before demanding large sums of money. Protect yourself and your loved ones from this devastating fraud.
  • Fri, January 3, 2025

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: 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: 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

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: 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: 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.

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: Forbes

Sourcing And Financing High-Quality Receivables In 2025: An Untapped Potential In Private Credit

In an era where traditional banks are scaling back, sourcing receivables is a strategic entry point into the evolving world of private credit.

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: 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: 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

Market Open: January 3, 2025

CNBC brings you fast, accurate, and actionable business news and market updates. Biden plans to block takeover bid of U.S. Steel by Japan's Nippon: WaPo Don't Toss Old Milk Jugs When You Could Reuse Them For Houseplants Like This You're wasting your money on Netflix if you haven't watched these 10 films 4 SUVs To Buy in 2025 That Will Last Throughout Retirement College football fans had jokes after Georgia's Parker Jones got a sideline penalty for colliding with a ref Archeologists Stumble Upon a 1000-Year-Old 'White Road' Built by a...

by: MSN

The real reason everything is for sale...

Business is business and I do what makes business sense. I have no emotional attachment to any of this equipment, so it's here for as long as it makes sense, and it will be sold when it makes sense. That's the way I've always operated and will always continue to.

by: MSN

Week Ahead for FX, Bonds: U.S. Jobs Data, Fed Minutes in Focus

A raft of U.S. economic data, including key monthly jobs data, and Federal Reserve meeting minutes will be watched closely as 2025 gets into full swing.

by: MSN

Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies

Our current year's budget was presented in July and expected to build on the 8.2% growth in GDP of the previous year. But we did expect the growth in the current year to be lower, as RBI too had estimated it to settle at around 7.

by: MSN

Meet 'Third Son' Of Dhirubhai Ambani Who Is Also A Trusted Advisor Of Mukesh Ambani; Check His Net Worth

Anand Jain, Chairman of Jai Corp Limited, is a trusted advisor to Mukesh Ambani and a key figure in India's business world. Known as Dhirubhai Ambani's 'third son', Jain excels in finance, real estate,

by: MSN

Budget 2025: Tax Reduction Or Rationalisation? What Will FM Nirmala Sitharaman Opt for? Expert Take

The clamour for tax cuts is growing louder and louder- with industry bodies chipping in with ideas of rationalising the tax slabs and increasing the tax bracket from current 7 lakh to 20 lakh per annum.

by: MSN

NBA Legend Shaq Says He Didn't Even Start Spending His NBA Checks Until He Had Kids - 'I Had So Much Coming In'

Shaquille O'Neal is one of those rare NBA stars who transcended the game. But his success wasn't just about basketball - it was about mindset. In a 2022 CBS News interview, Shaq casually dropped a gem: "I didn't spend my first NBA check until I started having children.

by: MSN

From M&A to AI, How CFOs Are Mapping Out the Year Ahead

Corporate leaders are searching for greater efficiencies and implementing acquisition plans heading into 2025.

by: MSN

Innovation in enterprise solutions: A conversation with Vinay Kumar Gali

Vinay Kumar Gali is a solution architect and finance lead with over 16 years of experience in implementing Oracle Financial solutions. His expertise spans various industries, including financial services,

by: MSN

A $20 Billion Fund Puts Its Religious Stamp on Corporate America

Faith-based investors are attracting more money and flexing their shareholder muscles for conservative causes.

by: MSN

Big Banks Flee Climate Coalition Formed to Reduce Carbon Emissions

Morgan Stanley, Citigroup and Bank of America this week withdrew from an ambitious pandemic-era climate coalition designed to help drive a shift to reduce carbon emissions by businesses. That followed withdrawals over the past month by Wells Fargo and Goldman Sachs from the United Nations-backed coalition,

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: 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.

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.
SoFi Technologies Inc.'s shares experienced a decline after Keefe, Bruyette & Woods (KBW) downgraded the company's stock from "market perform" to "underperform" and reduced its price target from $7.50 to $6.50. This downgrade was primarily due to concerns over SoFi's valuation, which KBW analysts believe is too high given the company's current growth trajectory and profitability challenges. The analysts noted that while SoFi has shown strong growth in its lending and technology platforms, the stock's price does not reflect the potential for slower growth and the need for significant investments to maintain its competitive edge. They also highlighted that the market's expectations for SoFi's future earnings might be overly optimistic, leading to a potential correction in stock value.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/sofi-shares-fall-after-kbw-downgrade-valuation-concerns-2025-01-02/