• Tue, January 7, 2025

by: Inc

How Trump's Mass Deportation Plans Could Reverse GDP Growth

by: Forbes

China Market Update: No Executive Order Means No Problem For US Investors

Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines underperformed.

by: BBC

From a Trump presidency to 'game-changing' lawsuits: Seven big climate and nature moments coming in 2025

BBC environment journalists analyse the key events coming up in 2025 with game-changing potential for climate and nature.

by: Reuters

Los Angeles wildfire prompts evacuations amid extreme winds

A wildfire burned about 200 acres (80 hectares) and threatened homes in an upscale section of Los Angeles on Tuesday, forcing evacuations after officials had already warned of extreme fire danger from dry,

by: Investopedia

Top 6 Websites for Finding a Company's Financial Stats

Finance, Google allows users to find current quotes and research ... The best site for you will depend on the information you're looking for and the nature of the business you want to investigate. Google, Yahoo!, and Bloomberg are the most commonly known ...

by: Indiatimes

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

Indian markets bounced back on Tuesday, with the Nifty rising by 92 points, boosted by positive momentum from the US markets and no major developments regarding the HMP Virus.

by: MSN

Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks

Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 fell 1.

by: MSN

Bank of America CD Rates: Pros, Cons, and Current Rates

Discover how Bank of America CD rates can impact your savings. Bank of America has fixed-term CDs, featured CDs, and flexible CDs with varied rates.

by: MSN

Multicoin Capital eyeing AI agents, institutional 'frenzy' in 2025

Multicoin Capital expects 2025 to be a "pivotal year" for Web3 as artificial intelligence flourishes and tokenization triggers a "frenzy of institutionalization," the venture capital firm said in a Jan.

by: MSN

4 Reasons Living Below Your Means Might Not Be the Right Choice for Your Money

There is so much financial advice out there -- and everyone talks about living below their means. But how can that affect your money in the long run? "I've spent years advising people on the

by: MSN

US Job Openings Rise to 8.1 Million, Defying Expectations

U.S. job openings climbed unexpectedly to 8.1 million in November, the highest since February, defying forecasts of a slight decline, according to the Labor Department's latest Job Openings and Labor Turnover Survey (JOLTS).

by: MSN

Stock market today: Wall Street tumbles toward worst day in nearly 3 weeks

Good news on the U.S. economy is back to being bad for Wall Street, and the stock market is sinking Tuesday toward its worst day in nearly three weeks following better-than-expected reports on the job market and business activity.

by: MSN

Former Art Basel Director to Teach Course on 'Understanding Today's Art World'

Since the early 2000s, there has been a significant growth in education around the art world, and specifically in the art market, with courses at universities and programs at Sotheby's and Christie's.

by: MSN

Stock market today: Wall Street sinks following good news on the economy

Good news on the U.S. economy isn't always good for Wall Street, and the stock market is sinking Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 swung to a loss of 0.

by: MSN

From half-pipes to high finance: What investors can learn from Tony Hawk's unexpected success and smart investments

Discover how pro skateboarder Tony Hawk's unexpected financial success through his Pro Skate video game series offers valuable lessons about the importance of humility, giving back, and the need to di

by: MSN

I'm in my late 30s and I just inherited $80 million with the passing of a family member - how do I actually go about purchasing things?

Portfolio management and mitigating capital gains taxes can require regular juggling, especially when the portfolio has large stock holdings. The juggling becomes even more complex when the asset owner decides to borrow against the portfolio to fund other large purchases.

by: MSN

November job openings up slightly at 8.1 million

Fewer people quit their jobs in November while total job openings in the United States were down more than 800,000 from the same time in 2023, the Labor Department said in their latest report.

by: MSN

Disney's Tony Chambers to Depart as Head of Theatrical Distribution, Take Over as President of EMEA

Disney's head of theatrical distribution Tony Chambers will depart his role to lead the company's Europe, Middle East and Africa division as president. The executive will replace current EMEA president Jan Koeppen,

by: MSN

Stock market today: Wall Street sinks under the pressure of good news on the economy

Good news on the U.S. economy may no longer be good for Wall Street, and the stock market is feeling pressure on Tuesday from better-than-expected reports on the job market and business activity. The S&P 500 swung to a loss of 0.

by: MSN

SMU's next president is coming from another Texas university just down I-35

University of Texas President Jay Hartzell will become SMU's next president. SMU's Board of Trustees approved Hartzell's hire Tuesday and he will become SMU's next president effective June 1, 2025. The announcement comes after SMU President R.
  • Wed, January 8, 2025

by: cnbctv18

GST exemption on leasehold land transfer: Implications for industry, government, and the economy

Micro, Small, and Medium Enterprises (MSMEs) and startups, which often operate with limited capital, will benefit greatly from the ruling. These entities frequently acquire leasehold land in industrial estates to set up operations and often transfer leasehold rights when expanding or restructuring,

by: manilatimes

eQ Community Properties Fund acquired properties from Ilmarinen

Q Community Properties Fund (AIF) has agreed with Ilmarinen Mutual Pension Insurance Company on the acquisition of properties from Ilmar

by: Investopedia

MCA Loan: What It Is, How It Works

A merchant cash advance (MCA) loan is a way for a business to secure funding, but it does have some downsides, including being costly and having little regulation.

by: Yahoo

Commercial real estate 2025: Demand will continue in PBC for offices, shops, stores

Demand for offices, shops and restaurants will continue to be strong in 2025 as new companies and residents continue to pour into County.

by: CNET

Yes, You Can Get Up to $4,000 Now With a Tax Refund Advance -- but It's Risky

Tax refund advance loans typically don't have the same credit score requirements as other loans do, and the amount you're approved for may depend on your expected refund amount. So even if a service advertises $3,000 advances, and you expect a $3,000 refund, it doesn't mean you'll qualify to receive this full amount.

by: GQ

7 highest paid skills to master in 2025 and earn big

As we step into the new year, some of the most sought-after and highest paid skills are reshaping the job market, fuelled by rapid technological advancements. To stay competitive and command a high salary,

by: Kiplinger

Why You Should Check Your College's Financial Health

Christopher Rose was close to finishing his third year at Fontbonne University in St. Louis last March when the entire student body received a message to meet in the school's main gymnasium. After the students gathered, the college's president announced that Fontbonne would be closing at the end of the summer term in August 2025.

by: Forbes

Focus: The Overlooked Secret To Building Your Legacy

Consistency's power is simple: Each step strengthens your foundation. Over time, steady progress opens unexpected doors. The key is ensuring daily work aligns with your bigger goals so every step moves you forward.

by: Forbes

Trump's Pick For The SBA Struggled To Run Her Own Small Business

Kelly Loeffler describes herself as an entrepreneur whose work ethic propelled her from a simple family farm to the upper echelons of finance and politics. The truth is more complicated.

by: Reuters

Sona Asset Management returns over 18% in European debt markets, letter says

Credit manager Sona Asset Management returned 18.76% in its Credit Master Fund in 2024, benefiting from a surge in European companies needing to refinance their debt, an investor letter seen by Reuters on Wednesday showed.

by: Forbes

Best Business Savings Accounts Of January 2025

Kevin has been writing and creating personal finance and travel content for over ... Commissions do not affect our editors' opinions or evaluations. Business savings accounts let business owners ...

by: Forbes

Best Budgeting Apps Of January 2025

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than ... to help you manage your personal and business finances in one place.

by: Reuters

Indian railways spend over $22 billion on modernisation

State-run Indian Railways has spent more than $22 billion so far in the current fiscal year, focusing on projects to expand capacity and deliver faster and safer travel to passengers, the government said on Wednesday.

by: Reuters

China may trim fuel oil imports amid 2025 tax hike, sources say

China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, prompting some sellers to lower prices to boost demand, several trade sources familiar with the matter said.

by: Reuters

India's Modi looks to new economic playbook as risks mount

After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally.

by: Reuters

China expands consumer trade-in scheme to revive economic growth

China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.

by: MSN

Musk, Ramaswamy unveil the DOGE full-time, salaried roles they're trying to fill

According to DOGE's X account, the agency is now recruiting full-time salaried software and InfoSec engineers, HR personnel, IT and finance employees.

by: MSN

Stock market today: World shares are mixed after Wall St slumps despite strong US economic data

Global shares were mixed on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. The future for the S&P 500 was 0.2% higher and that for the Dow Jones Industrial Average rose 0.

by: MSN

Experian Accused of Tanking People's Credit Scores in New Lawsuit

The CFPB sues Experian for "sham investigations," alleging violations of FCRA and CFPA. Demands reforms and penalties.

by: MSN

Women and 50-somethings 'less likely than average to feel upbeat about finances'

Women and 50-somethings 'less likely than average to feel upbeat about finances' - In general, people are feeling more positive about their finances for 2025 than a year ago, research for Aegon indicates.

by: MSN

'Reverse base effect' to challenge Korean economy in 2025

Korean economy faces multiple headwinds in the wake of a leap year effect. Tripartite Cooperation in Joint Consultative body is urgently needed.

by: MSN

Here are some of China's New Year resolutions to boost its economy

China's leaders are bracing for shocks to the economy from higher tariffs threatened by U.S. President-elect Donald Trump once he takes office. To help rev up an economy bogged down by a property crisis and disruptions during the pandemic,

by: MSN

China's super-rich eye the exit as leaders brace for economic shock

China's leaders are bracing for shocks to the economy from higher tariffs threatened by US President-elect Donald Trump once he takes office. Millionaires, meanwhile, are relocating. View on euronews

by: MSN

Wall Street Wobbles as Strong Economy Sends Bond Yields Higher

The stock market is reacting to positive economic reports which may mean the possibility of fewer interest rate cuts by the Federal Reserve and higher bond yields. Better-than-expected data showed job openings increased in November,

by: MSN

Achint Setia named CEO of Snapdeal

Meanwhile, Himanshu Chakrawarti, who has successfully led both Snapdeal and Stellaro Brands for the past three years, will now focus exclusively on driving growth at Stellaro Brands

by: MSN

Trump's Dubai Billionaire Ally Vows $20 Billion for Data Centers

President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.

by: MSN

OSBF secures $12.5m facility from Hampshire Trust Bank

The company specialises in bespoke funding options, offering services such as working capital solutions, revolving credit facilities, and development loans.

by: MSN

Stock market today: Asian shares slip after Wall St slumps despite strong US economic data

Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. U.S. futures and oil prices were higher.

How Trump's Mass Deportation Plans Could Reverse GDP Growth

Estimates of the effects of the President-elect's plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business costs, and negative economic growth.
The article by Bruce Crumley on Inc.com discusses the potential economic repercussions of Donald Trump's proposed mass deportation plans. According to the analysis, these policies could significantly reverse GDP growth in the U.S. The plans involve deporting millions of undocumented immigrants, which would lead to a substantial reduction in the labor force, particularly in sectors like agriculture, construction, and hospitality, where these workers are heavily concentrated. This labor shortage could result in decreased productivity, higher labor costs due to wage increases to attract legal workers, and disruptions in supply chains. Furthermore, the article highlights that such deportations would reduce consumer spending, as many undocumented immigrants contribute to the economy not just through their labor but also through their consumption. The economic impact would be compounded by the costs of enforcement and the potential chilling effect on legal immigration, which could stifle innovation and entrepreneurship. Overall, the mass deportation could lead to a contraction in GDP, potentially pushing the economy into a recession.

Read the Full Inc Article at:
https://www.inc.com/bruce-crumley/how-trumps-mass-deportation-plans-could-reverse-gdp-growth/91103937