• Thu, January 9, 2025

by: Tuko

Donald Kipkorir Sparks Reactions After Asking Govt to Print Money to Finance Public Expenditure

Nairobi lawyer Donald Kipkorir has sparked widespread reactions after suggesting that the Kenyan government should print money to finance public expenditure.

by: CoinDesk

XRP May Surge 40% as 'Trump Effect' Boosts Ripple Sentiment

A "descending triangle" pattern in technical analysis points to bigger gains for the top-performing major token.

by: Observer

An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families

As sovereign wealth funds bloom from Singapore to Saudi Arabia, America watches from the sidelines. But the concept of a U.S. sovereign wealth fund could reshape our economy—fueling jobs, housing

by: Techopedia

Big Tech Stock Predictions for 2025: Winners & Losers

by: Reuters

China says flu cases show signs of easing, respiratory infections still rising

China's Center For Disease Control and Prevention (CDC) said on Thursday that while the rate of influenza virus in the country has shown signs of slowing, the overall cases of acute respiratory infectious diseases continued to rise.

by: CNET

Traveling This Winter? Here's How to Get TSA PreCheck for Free

If you want a higher tier travel credit card, you might consider a card that charges an annual fee that's lower than the credit it offers for TSA PreCheck, Global Entry or Nexus. While you technically won't be getting a membership for free, you could still save more than you would by buying the membership outright.

by: Kiplinger

California Fires: How to Recover Your Important Records

Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with recovery.

by: ABC

Los Angeles Mayor Karen Bass pushes back against criticism over management of wildfires

Los Angeles Mayor Karen Bass repeatedly dodged questions about her leadership and alleged lack of initial presence during the ongoing wildfires affecting the area.

by: cnbctv18

RenewBuy launches Smart Term Plan for working professionals and small business owners

In its first phase, RenewBuy has partnered with LIC, ICICI Prudential, and Digit Life to reach a broad consumer base, especially in underserved Tier 2-3 cities.

by: Forbes

2025 Trends In Retail, Franchising, And The Gig Economy

There's every reason to believe consumers will continue spending in 2025. Here are likely challenges and trends in retail, the gig economy, and franchising.

by: MSN

LA fires spotlight the home insurance industry amid climate change

MORE: How will the California wildfires shape the home insurance industry? "Insurance companies are looking out the window just like us, and seeing all these climate disasters.

by: AOL

Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings

Here are four Buy-rated financial stocks with the highest dividend yields that can boost investors' total return potential.

by: MSN

Synchrony CDs Rates: Pros, Cons, and Current Rates

Discover Synchrony CD rates. We'll dive current Synchrony CD rates, the factors impacting them, and how they stack up to competitors.

by: Forbes

The Best Cities For Jobs In 2025

The best cities for jobs have low unemployment, high average household income and good quality of life. One state dominates with three of the top 10 cities.

by: cnbctv18

Top Stories | TCS Q3 largely in-line, SIP inflows hit a new record, '90-hour work week' uproar and more

From TCS's Q3 results, SEBI's new default rule, and L&T's work week controversy to mutual fund inflows and the Tirupati tragedy, here are the top stories making headlines today in 'Top 10@10'.

by: AOL

When you will earn miles on a flight and when you won't

If you miss your flight, or even if the flight is canceled, then you won't receive any frequent flyer miles. And if for some reason you're able to board the aircraft without having your boarding pass scanned, then you won't receive mileage credit.

by: Reuters

Global alcohol firms demand $466 mln from Indian state in payments row, sources say

Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about $466 million from India's Telangana state, where Heineken suspended supplies this week in an unprecedented move,

by: AOL

Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit

According to the latest USDA report from mid-December, US egg production is down 4% year over year, with 3% fewer egg-laying hens. Per Datasembly, eggs are at their highest price since January 2023.

by: Forbes

A Leader's Guide To Navigating Meta's Deregulation Announcement

Meta's recent decision to deregulate its platform raises serious concerns about trust, safety, and professionalism in the digital ecosystem for leaders.

by: MSN

Gemini Daily Horoscope Today (May 21- June 20), January 10, 2025: Your lifestyle will remain attractive!

Gemini Money Horoscope Today You will prioritize capital investments and budgeting. Business conditions will remain stable, and you will stay focused on your goals. Investment matters will gain momentum.

by: cnbctv18

What are the different types of income that are taxable in India

Taxpayers are required to report the rental income they receive from a property or land. However, if they have taken a home loan for a property they are living in, then they can deduct the interest they are required to pay on the loan amount from their taxable income.

by: Reuters

Climate change shows 'claws' with rising costs for disasters, Munich Re says

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and one of the costliest years on record, Munich Re said on Thursday.

by: Reuters

Equinor extends Norway LNG outage by 10 days

Equinor has extended an ongoing outage at its Hammerfest LNG plant in Arctic northern Norway by 10 days to Jan. 19 as it continues to repair a failed compressor, the company said in a regulatory filing on Wednesday.

by: MSN

WSJ Crossword January 10 2025 Answers (1/10/25)

Our WSJ Crossword January 10, 2025 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: Forbes

New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know

Americans will no longer have to decide what's more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits cre

by: MSN

"Did Private Equity Ruin Skiing?" Asks Finance Commentator

Commentators are discussing what the Park City ski patrol strike might say about the corporatization of skiing.

by: Forbes

How AI Is Dialing Up Efficiency And Value In The Telecom Industry

AI is driving significant advancements in the telecommunications industry, improving network management, customer service, and operational efficiency.

by: Reuters

EBRD investments rise to record 16.6 bln euro in 2024

Investments made by the European Bank for Reconstruction and Development rose by 26% in 2024 to a record 16.6 billion euros ($17.1 billion) thanks to more projects in Ukraine and green financing, the lender said on Thursday.

by: Reuters

Oil prices extend losses on rising U.S. fuel inventories

Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last week, though concerns over tighter supplies from OPEC members and Russia capped the decline.

by: MSN

Libra Daily Horoscope Today (Sept 23- Oct 22), January 10, 2025: Maintain enthusiasm and morale!

Libra Money Horoscope Today The initial progress may be slow, but you will bring clarity to financial matters. Libra Career Horoscope Today Move forward with balance and harmony in your work and business.

by: MSN

German ex-finance minister pelted with shaving cream at campaign stop

Former German finance minister Christian Lindner was pelted with foam by a protester during a campaign appearance for his pro-business liberal Free Democrats (FDP) on Thursday. Lindner was hit in the face by what appeared to be a pie made from shaving foam,

by: Reuters

Shein aims for London IPO by mid-year, sources say

Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, according to two sources with direct knowledge of the matter, assuming it gains regulatory approvals for the initial public offering.

by: MSN

How Walking Away From a $2.3 Million Job Led to Happiness and Fulfillment

It's a choice that few would make: leaving behind a seven-figure salary without a backup plan. Yet, for 44-year-old Khemaridh Hy, leaving a lucrative Wall Street career wasn't just a leap of faith - it was the start of a life filled with purpose and joy.

by: MSN

New Mountain CEO Klinsky: Private equity has gone from a 'form of finance' to a 'form of business'

Steve Klinsky, founder and CEO of New Mountain Capital, joins CNBC's 'Squawk Box' to discuss expectations for private equity this year, dealmaking, and more.

by: MSN

Scorpio Daily Horoscope Today (Oct 23- Nov 21), January 9, 2025: Enthusiasm will keep your morale high!

Scorpio Money Horoscope Today You will strengthen control over financial matters and remain vigilant in business dealings. Scorpio Career Horoscope Today You will emphasize diligence and move forward with wisdom and coordination.

by: MSN

Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 Growth

The aerospace sector had a strong 2024, but 2025 may be even stronger with lower interest rates, fuel costs, and less regulation under Trump's Presidency. During the year, aerospace giant Boeing Co. (NYSE: BA) suffered a number of challenges that hurt its reputation,

by: MSN

Gabbar Sitharaman Tax: Congress' fresh jab at FM, says new circulars are issued 90 months after GST rollout

Congress leader Pawan Khera terming GST as Gabbar Sitharaman Tax. He emphasized the negative effects on middle-class families and farmers, and noted that even after 90 months, new circulars are being introduced.

by: MSN

It's Open Season on the Washington Post

Ashley Parker, Michael Scherer, Josh Dawsey, Tyler Pager — have announced their departures from the paper in recent weeks, scoring jobs at the Post's rivals including The Atlantic and The Wall Street Journal.

by: MSN

Leo Daily Horoscope Today (July 23- Aug 22) January 9, 2025: You will increase harmony!

You will sharpen your focus, ensuring better financial standing. Leo Career Horoscope Today. You will progress in excelle

by: MSN

TVS Motor, PNB Housing, Radico Khaitan, JSPL, among 14 stocks with potential to double in three years: DAM Capital

The list of DAM Capital's 'Doubler Stocks' - stocks that it expects to double in three years- include Glenmark Pharmaceuticals, Sharda Cropchem, Strides Arcolab, Entero Healthcare Solutions, Greenlam Industries,
  • Fri, January 10, 2025

by: Newsday

NYS expands free tax filing option to include residents making up to $200,000

Under the expansion, individuals who make up to $200,000, or joint filers who make up to $250,000, may be eligible to use the IRS' Direct File program.

by: Reuters

Take Five: The week before next

Global markets face a choppy ride ahead of U.S. inauguration day on Jan. 20, with Britain and the U.S. releasing key inflation data, China publishing growth numbers while earnings on Wall Street and IPOs in Europe get underway.

by: Reuters

BlackRock seeks to push FDIC bank oversight deadline to March

BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31,

by: Reuters

Tesla launches revamped Model Y in China, seeking to fend off rivals

Tesla launched a revamped version of the Model Y, its best-selling car, in China on Friday, hoping that upgraded features such as heated seats and a better acoustics system will help it regain market share taken by rivals such as Xiaomi .

by: Reuters

UK discount retailer B&M narrows annual core profit forecast

British discount retailer B&M narrowed its annual adjusted core profit forecast on Thursday, following a 2.8% increase in revenue growth in the third quarter, as it focuses on volumes and competitive pricing.

by: Reuters

UK consumer confidence falters after Christmas splurge

Shares in Britain's Marks & Spencer and other retailers fell on Thursday, with 2 billion pounds ($2.45 billion) wiped off the sector, as concern about ebbing consumer confidence and economic weakness overshadowed healthy Christmas trading.

by: MSN

AI agents are here. Here's how AI startup Cohere is deploying them for consultants and other businesses.

Cohere is trialing a new platform called North, which makes it easier for companies to deploy the hottest AI trend of the year: AI agents.

by: MSN

Pacific Palisades fire may spell an end to cheap homeowners insurance in California

By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,

Donald Kipkorir Sparks Reactions After Asking Govt to Print Money to Finance Public Expenditure

Nairobi lawyer Donald Kipkorir has sparked widespread reactions after suggesting that the Kenyan government should print money to finance public expenditure.
Donald Kipkorir, a prominent Kenyan lawyer, sparked a debate on social media after suggesting that the Kenyan government should print more money to finance public expenditure. His comments were in response to the government's plan to borrow an additional Sh169 billion to fund the budget, which Kipkorir argued could be avoided by simply printing more currency. This proposal led to a mix of reactions; some netizens supported the idea, citing examples of countries like the US and Japan that have engaged in quantitative easing. However, others criticized the suggestion, warning of potential hyperinflation and economic instability, referencing historical examples like Zimbabwe and Germany's Weimar Republic. The discussion highlighted the ongoing economic challenges in Kenya, including high public debt and the need for sustainable financial strategies.

Read the Full Tuko Article at:
https://www.tuko.co.ke/business-economy/574720-donald-kipkorir-sparks-reactions-govt-print-money-finance-public-expenditure/

Like: 👍