Tue, January 14, 2025

by: Kiplinger

Irrevocable Trusts: So Many Options to Lower Taxes and Protect Assets

Irrevocable trusts offer nearly endless possibilities for high-net-worth individuals to reduce their estate taxes and protect their assets.

by: Reuters

What does Indian industry want from February's budget?

Indian Finance Minister Nirmala Sitharaman will present the national budget on Feb. 1, amid slowing growth in Asia's third largest economy and rising global uncertainties.

by: ThePrint

Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report

After experiencing robust growth in FY2023 and FY2024, small finance banks (SFBs) are likely to see a moderation in growth to 18-20 per cent in FY2025, down from 24 per cent in FY2024, according to ICRA.

by: Reuters

India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say

India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 14, 2025: Maintain generosity!

Sagittarius Money Horoscope Today Optimism in business will grow. Keep working smartly, as sudden developments may occur. Relationships will prove beneficial. Sagittarius Career Horoscope Today You may get involved in property-related matters.

by: MSN

It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know

The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, accurately, and as inexpensively as possible. Don't fall victim to procrastination or fraud -- get armed with knowledge and make this tax season stress-free.

by: MSN

US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study

The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
Mon, January 13, 2025

by: WDRB

Yum! Brands promotes Taco Bell president to lead KFC Division

Mezvinsky has worked for Yum! Brands, Inc. for 20 years and currently serves as president of Taco Bell North America and International. He will succeed Sabir Sami, who is stepping down as KFC CEO at the end of February.

by: Emirates247

UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, FinTech, tourism and entrepreneurship

H.E. Bin Touq holds meeting with Minister of Investment, Industry and Trade of Uzbekistan H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Laziz Kudratov, Minister of Investment,

by: SiliconANGLE

Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure

Cryptocurrency infrastructure service provider MoonPay USA LLC announced today that it has acquired cryptocurrency payment platform startup Helio Fintech Ltd. to expand decentralized finance, creator commerce and trading infrastructure.

by: Investopedia

Salary vs. Hourly Pay: What's the Difference?

The Fair Labor Standards Act determines whether U.S. workers can be paid a salary or if they must be paid an hourly wage. It affects more than just their paychecks.

by: BBC

Chancellor will remain for all of Parliament, Downing Street says

Chancellor Rachel Reeves will remain in her role "for the whole of this Parliament", Downing Street has said, as she faces criticism over the falling pound and rising government borrowing costs.

by: CNET

Rocket Money Review 2025

The best one for you depends on your money management style and preferences, but Rocket Money is a great place to start. Formerly known as Truebill, Rocket Money won CNET's 2024 Editors' Choice award for best budgeting app because it's easy to use,

by: AOL

Female founders jump into action to provide relief for Los Angeles wildfire victims

- How to help. After wildfires burned 62 square miles and 12,000 structures in southern California, killing at least 16 people and displacing thousands of families, people have jumped into action to help. That includes female founders and business leaders eager to offer their time, products, and services to people in need.

by: CFO

A CFO action plan for 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: MSN

Gen Xers and millennials aren't ready for the long-term care crisis their boomer parents are facing

Many millennials and Gen Xers are facing a stark reality: their parents and grandparents don't have the means to pay for long-term care — and they'll need to help foot the bill, especially since government aid often doesn't cover large parts of this care.

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: MSN

Is your company's board 'Trump friendly'? Meta's appointment of UFC chief Dana White marks a new era of politicized boardrooms

Meta's appointment of the Ultimate Fighting Championship CEO to its corporate board could kick off a new trend.

Six EU countries call for lowering of G7 price cap on Russian oil

Six European Union countries called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.

On January 13, 2025, Reuters reported that six European Union countries, including Poland, Lithuania, Estonia, Latvia, Slovakia, and Finland, have urged the G7 nations to lower the price cap on Russian oil. This call for action comes in response to Russia's increased use of a shadow fleet to bypass the existing $60 per barrel cap set by the G7, the EU, and Australia. The countries argue that the current cap has not been effective in reducing Russia's oil revenues, which are funding its military operations in Ukraine. They propose that a lower cap could further restrict Russia's financial capabilities, impacting its war efforts. The proposal reflects ongoing geopolitical tensions and efforts to economically pressure Russia amidst the ongoing conflict.

Read the Full Reuters Article at:
https://www.reuters.com/world/europe/six-eu-countries-call-lowering-g7-price-cap-russian-oil-2025-01-13/