Mon, January 13, 2025

by: CNET

IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule

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

3 Billion-Dollar Entrepreneur Lessons From World Chess Champion Gukesh

Gukesh Dommaraju, an 18-year-old, recently won the 2024 World Chess Champion. Here are 3 crucial lessons for entrepreneurs to help them succeed — even without VC.

by: Forbes

Newlab To Launch A Saudi Hub. First Focus: Mining Startups

Newlab, a New York-based company that helps launch and fund startups in industrial sectors, is opening a new hub this year in Riyadh, Saudi Arabia. The hub aims to attract startups to Saudi Arabia, focusing first on the mining industry. Future programs will focus on energy, logistics and advanced manufacturing.

by: sinchew

HKICPA participates in the Asian Financial Forum 2025: Explores new growth engines in global sustainability

The Hong Kong Institute of Certified Public Accountants (HKICPA) is participating in the two-day "Asian Financial Forum 2025" from today (13 January to 14

by: Forbes

The Right Time To Start Planning Your Business Sale

The best time to start planning is when your business is doing well—ideally growing, profitable and showing stable performance. Buyers want to invest in businesses with upward momentum. Planning early allows you to position the business as an attractive opportunity, not a distressed asset.

by: CIO

10 top priorities for CIOs in 2025

A new year brings new opportunities and fresh challenges. To better position your business to thrive in 2025, here's what CIOs should prioritize over the next 12 months.

by: Reuters

Italian bank deposits' growth accelerates further in November

Italian residents' deposits with domestic banks rose for the sixth month in a row in November and at a faster pace, while bank lending to businesses fell for the 22nd consecutive month, the Bank of Italy said on Monday.

by: Reuters

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank's surprise purchase of a hefty stake in the German lender,

by: MSN

Leo, Weekly Horoscope, January 12 to January 18, 2025: Challenges may appear midweek

A promising start to the week invites success and excitement, particularly around the 12th and 13th for taking risks. Challenges may appear midweek, especially financially, but optimism returns by the 16th with recognition and opportunities.

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!

Sagittarius Money Horoscope Today You will maintain momentum in your career and business, delivering performances beyond expectations. Responsibilities will be handled efficiently, leading to improved financial gains.

by: MSN

China, UK restart economic and financial talks after 6-year hiatus

China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain's Treasury chief to Beijing, as the U.K.'s Labour government seeks to reset strained ties with the world's second-largest economy.

by: Reuters

Australia's Star Entertainment pares losses after slipping to record low

Shares of Australian casino operator Star Entertainment jumped 13.6% higher on Monday, with analysts citing the rise to investors buying the stock at a cheaper price after it fell to a record low last week.

by: timesnownews

Bank Holiday Today? Here's Whether Banks Are Open on Monday, January 13, Amid Lohri 2025 Festivities

Amid the festive celebrations of Lohri and Bhogi Pandigai on January 13, many people are curious about whether banks will remain open or closed today. According to the Reserve Bank of India's (RBI) holiday schedule,
Sun, January 12, 2025

by: Reuters

US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports

The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the asset manager's investments in FDIC-regulated banking organizations,

by: Reuters

Global air finance summit to take stock of jet shortages, trade risks

Financiers and lessors who make the global air travel industry tick gather for an annual meeting in Dublin on Monday, buoyed by strong lease rates and relatively stable oil prices but facing uncertainty over jet shortages and trade tensions.

by: Couriermail

'Ignored': 27yo reveals sad reality of shopping in Australia

A young Aussie has revealed the sad reason she gets "ignored" when she goes clothing shopping despite being keen to spend her hard-earned money.

by: AOL

Top plays among the 'Magnificent 7' and Big Tech stocks as Trump returns to the White House

Wedbush's Dan Ives expects the technology sector to be a big winner this year, with Magnificent Seven members Nvidia ( NVDA ), Microsoft ( MSFT ), Tesla ( TSLA ), and Alphabet ( GOOGL) among his top five "tech winners" for 2025.

by: dailyinvestor

Inflation, interest rates, and NHI - Dawie Roodt's outlook for 2025

Renowned economist Dawie Roodt shared his economic outlook for 2025 - including interest rate cuts, inflation, the NHI and where investors should be putting their money. Daily Investor asked Roodt to share his thoughts on how South Africa's economy will fare in the coming year.

by: businessday

Benefits of Rite Foods graduate trainee programme

With regards to job opportunities the available departments at Rite Foods Technicak, Quality Control, Production, Finance, Human

by: MSN

Weekly Money Horoscope January 12 to January 18, 2025: Caution in decision-making are key for most zodiac signs

Financial stability, strategic investments, and caution in decision-making are key for most zodiac signs this week. Careful planning, networking, and avoiding unnecessary risks could lead to significant returns.

by: MSN

January 12, 2025, Birthday Forecast: Year of steady professional progress and financial opportunities

Individuals born on January 12th can anticipate a year of steady professional progress and financial opportunities in 2025. Relationships will offer growth and support, while health requires maintaining a balanced lifestyle.

by: MSN

Q3 results this week: RIL, Infosys, HCL Tech, Jio Finance, Kotak Mahindra Bank among 101 companies to announce earnings

The Q3 earnings season continues with major companies such as HCL Technologies, Infosys, Axis Bank, Reliance Industries, and Wipro reporting their results this week. Key dates include announcements from Anand Rathi Wealth and Tata Elxsi on January 13,
Sat, January 11, 2025

by: AOL

This Artificial Intelligence (AI) Fintech Could Be One of The Largest IPOs in 2025

Artificial intelligence (AI) is moving rapidly with the evolution of generative AI and large language models. One company that has leveraged AI to enhance shopping and customer experience is Klarna, the Swedish buy now,

by: Couriermail

'There is a risk': Fears tanking Aussie dollar will 'raise costs'

In recent weeks, the falling value of the Australian dollar relative to the US dollar has been making waves, amid the Aussie nearing its post-pandemic lows.

by: businessday

Meet three UNILAG's chosen personalities for 55th convocation honorary degree award

Following this philosophy, the University of Lagos will be conferring honorary degrees to three personalities for their hard work

by: AOL

The next phase of DeFi: Fintechs and exchanges will take the lead

As the crypto industry rides another bull cycle into 2025, there is renewed optimism that decentralized finance, or DeFi, will see a wave of mainstream adoption. The technological advantages of doing so are enormous as Robinhood CEO Vlad Tenev set out in a recent observation on the efficiencies of using DeFi.

by: Forbes

Supply-Siders Battle Their Tariff Critics

Critics seized on her advocacy of the gold standard while she suggested that money under Fed auspices should be in healthy availability given the Trump fiscal policy. Critics see "gold standard" and think "tightness" and "austerity,

by: Indiatimes

Microsoft, Amazon, The Washington Post, and other US companies laying off in 2025

A wave of layoffs in the US is anticipated to continue until 2025, affecting major industries including tech, media, and finance. Microsoft, Amazon, B

by: businessday

Here are what to expect from consumer goods firms in 2025

Some consumer goods firms will take a look at their pricing strategy given the situation of the economy, now pricing has to go with

by: Reuters

Bankers hope for IPO revival in 2025 as high-profile listings stack up

Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high-profile companies.

by: Investopedia

If You're One of the 4.1 Million People Retiring in 2025, Open a CD Before Rates Decrease

If you're one of the 4.1 million U.S. adults retiring in 2025, and you don't have a robust retirement account, consider opening a CD to take advantage of high rates before they drop.

by: ABC

China and UK restart economic and financial talks after 6-year hiatus

China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain's Treasury chief to Beijing

by: Newsweek

US Companies Pay Over $1 Billion in Taxes to Russia Amid Ongoing Ukraine War

American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

by: timesnownews

Top Fixed Deposit Schemes For 2025: Top FD Offers From SBI, IDBI, Indian Bank, And More

Take advantage of high-yield fixed deposit (FD) schemes in 2025, offering interest rates as high as 8.05 per cent across leading banks like SBI, IDBI, and Indian Bank. These special schemes, valid until March 31,

by: MSN

January 11, 2025, Birthday Forecast: A promising year of prosperity and stability

For individuals born on January 11th, the upcoming year, under the influence of Number 3, promises growth in career and finances, supportive relationships, stable health with regular maintenance, and opportunities for travel.

by: MSN

Former Democratic Chief Counsel Defends Trump, Slams 'Politicized' Justice Under Biden Admin

Julian Epstein, the former Democratic chief counsel for the House Judiciary Committee, defended President-elect Donald Trump Friday on Fox Business and slammed what he said was the 'gross abuse' of justice in Trump's case.
Fri, January 10, 2025

by: AOL

Can Carlyle catch up? Storied PE firm tries to reclaim its former glory

Carlyle spent several months searching for Lee's successor before picking Schwartz in February 2023 as its next CEO. Schwartz, now 60, is a former Goldman Sachs executive who was a contender to take over for Lloyd Blankfein as CEO of GS. (Goldman ended up picking David Solomon in late 2018 as its CEO.)

by: WTEN

SUNY Empire launching online business program fully in Spanish

SUNY Empire is launching SUNY's first Spanish language online Bachelor of Business Administration program for Fall 2025.

by: cnbctv18

What is self-assessment tax and how to pay it online: A step-by-step guide

Self-assessment tax is usually paid before submitting the income tax return. The tax should be paid on or before the due date for filing the return, which is typically July 31 for individuals and September 30 for businesses,

by: MoneyWeek

Fund flows flip positive after Budget and US election

Data from the Investment Association shows that two months of negative fund flows were reversed during the month of November as index trackers remain strong

by: Yahoo

The 20 best small cities in the US

The best small cities in America are mostly located in the Midwest, a region renowned for its lower cost of living, according to Wallethub.

by: AOL

How to pick a stock: 5 essential steps for beginners

Investing in individual stocks can lead to meaningful profits if done well, but it also comes with significant risks. You'll need to have an understanding of finance and accounting to interpret a company's financial statements, and be able to analyze its business prospects.

by: Reuters

India alleges Diageo, Sequoia Capital made suspicious payments to influence decisions

India's federal investigating agency has alleged that Diageo and Sequoia Capital made suspicious payments to a politician's firm in an attempt to attain favourable government decisions, a document reviewed by Reuters on Friday showed.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), January 10, 2025: Happiness will increase!

Pisces Money Horoscope Today Proposals will be supported. The potential for increased profits is strong. Your career and business will do well, and your confidence will remain high. Pisces Career Horoscope Today Your career and business will thrive with active efforts.

by: Yahoo

Donald Trump avoids jail in Stormy Daniels hush money trial

Donald Trump has been given an unconditional discharge over hush money payments sent to porn star Stormy Daniels, avoiding jail before his inauguration later this month.

by: MSN

Gold Recession Looming - Fed Will Freak Out | Craig Hemke

Hemke warned of a looming recession, anticipating the Federal Reserve will be forced to aggressively cut interest rates.

by: Kiplinger

TikTok Ban: U.S. Supreme Court to Make Key Decision on Free Speech

A potential nationwide TikTok ban could dramatically reshape social media for millions of content creators and users.

by: Reuters

Oil settles up 1% as cold weather in US, Europe drives winter fuel demand

Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.

This Artificial Intelligence (AI) Fintech Could Be One of The Largest IPOs in 2025

Artificial intelligence (AI) is moving rapidly with the evolution of generative AI and large language models. One company that has leveraged AI to enhance shopping and customer experience is Klarna, the Swedish buy now,

The article from AOL Finance discusses how artificial intelligence (AI) is transforming the financial technology (fintech) sector. AI's integration into fintech is enhancing customer experiences, streamlining operations, and improving decision-making processes. Key points include AI's role in automating customer service through chatbots, personalizing financial advice, and detecting fraud more efficiently. The technology also aids in credit scoring, risk management, and investment strategies by analyzing vast amounts of data quickly. However, the article also touches on concerns like job displacement, data privacy, and the ethical implications of AI decision-making in finance. Despite these challenges, the overall outlook suggests that AI will continue to drive innovation in fintech, potentially reshaping the industry's landscape in the coming years.

Read the Full AOL Article at:
https://www.aol.com/finance/artificial-intelligence-ai-fintech-could-235000748.html