Thu, January 16, 2025

[ Thu, Jan 16th 2025 ]: Forbes

Five Web3 Trends To Watch In 2025: AI, DePINs, RWAs And Beyond

The Web3 ecosystem could be positioned for unprecedented growth in 2025, but success will require strategic planning, bold execution and relentless user focus.

[ Thu, Jan 16th 2025 ]: sinchew

HKPC "ForeSight 2025" Explores Economic Future and Champions Sustainable Development in Hong Kong

Experts explore new economic opportunities presented by New Productive Forces, with a focus on comprehensive support for businesses HONG KONG SAR - Media OutReach Newswire - 16 January 2025 - As 2025 unfolds,

[ Thu, Jan 16th 2025 ]: cnbctv18

Budget 2025 Expectations LIVE Updates: Key expectations ahead of Finance Minister Nirmala Sitharaman's February 1 presentation

Finance Minister Nirmala Sitharaman will present the Budget for the financial year 2025-26 on February 1. On the day of NDA 3.0's Budget announcement, BSE and NSE will also remain open for trading to ensure live trading coincides with the Budget announcement.

[ Thu, Jan 16th 2025 ]: Reuters

Indian central bank's daily liquidity infusion to aid money markets, traders say

Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will lead to a drop in overnight interbank and money market rates, as well as near-end overnight index swaps,
Wed, January 15, 2025

[ Wed, Jan 15th 2025 ]: YourTango

People Who Master These 10 Challenges Almost Always End Up In Jobs They Love

Success factors in your next career phase are determined by your commitment to focus on communicating, networking, lifelong learning, and flexibility. Reimagine your career paths to be broader than just one field or role. Rather than being fixed and predictable from present circumstances and experience, be open to possibilities.

[ Wed, Jan 15th 2025 ]: Forbes

Why Digitization Will Transform The Small Business Economy Under Trump

President-elect Donald Trump at the Palm Beach Convention Center on November 06, 2024. (Photo by ... [+] Chip Somodevilla/) . Whenever a new president is i

[ Wed, Jan 15th 2025 ]: Forbes

The Future Of Finance: 2025 Is Calling

Get ready for a year of bold innovation, green initiatives and game-changing customer solutions that will redefine how we bank, invest and grow wealth.

[ Wed, Jan 15th 2025 ]: Investopedia

Wondering if a College Degree Pays Off? See How It Affects Lifetime Income

Getting a college degree can increase your chances of having a higher lifetime income. Learn how a college degree can help you reach your financial goals.

[ Wed, Jan 15th 2025 ]: Newsroom

Taxing charities' business income would have 'devastating' impact on communities

According to IRD, in order to successfully register with Charities Services a company's purpose must be fully charitable, defined as relieving poverty, advancing education or religion, or anything else that benefits the community. None of the charity's income can be used or made available to any of its members, trustees or associates.

[ Wed, Jan 15th 2025 ]: Forbes

Strategic Networking For CFOs In Transition

Networking will lead to opportunities more quickly when a CFO launches a thorough and targeted networking campaign, identifying a company's size and ownership structure.

[ Wed, Jan 15th 2025 ]: NDTV

Union Budget 2025: Expectations Of Indian Startups From FM Nirmala Sitharaman

Here is what the Indian startup community anticipates from the upcoming budget, set to be presented by FM Nirmala Sitharaman.

[ Wed, Jan 15th 2025 ]: Kiplinger

Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.

[ Wed, Jan 15th 2025 ]: Stockhouse

MineHub's 2024 Annual Update and Strategic Outlook for 2025

Vancouver, British Columbia-- (Newsfile Corp. - January 15, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) (" MineHub " or the " Company "), a leading provider of digital supply chain solutions for the commodity markets, is pleased to provide its annual corporate update to shareholders.

[ Wed, Jan 15th 2025 ]: Euronews

Kazakhstan's digital economy: Fintech growth, cashless payments, and cybercrime prevention

West Connect, we loot at Kazakhstan's fintech growth, its shift toward cashless payments, and efforts to combat cybercrime through international collaboration.

[ Wed, Jan 15th 2025 ]: bnnbloomberg

Trudeau and the premiers meet to discuss a response to Trump's threatened tariffs

Canada's premiers are set to meet with Prime Minister Justin Trudeau and members of his cabinet today to talk about U.S. president-elect Donald Trump's vow to impose steep tariffs.

[ Wed, Jan 15th 2025 ]: MSN

JPMorgan notches another record year of profits

JPMorgan Chase (JPM) churned out more profits than it ever has before as it earned $14 billion in the final quarter of 2024. Its full-year profits rose to $58 billion, an all-time record for JPMorgan and the most ever in the history of American banking.

[ Wed, Jan 15th 2025 ]: Forbes

Unleashing Your Financial Superpowers With AI

True entrepreneurial success lies in knowing your numbers and your worth. Here's how to leverage AI to get a better pulse on both so you can stay ahead of the game.

[ Wed, Jan 15th 2025 ]: AOL

Bitcoin and stocks have been moving in sync: Morning Brief

It's been just over a year since the SEC legalized bitcoin spot ETFs. And in that time one thing has become fairly obvious: "Digital gold" may not be the best description.

[ Wed, Jan 15th 2025 ]: WSPA

Upstate finance professional breaks down biggest tax changes for 2025

Major changes affecting everyone from small business owners to hobbyists are expected for the 2025 tax season. The IRS is tightening its belt when it comes to

[ Wed, Jan 15th 2025 ]: Reuters

BNY fourth-quarter profit rises on boost from higher fee income

BNY reported a 27% jump in its fourth-quarter profit on Wednesday as it earned higher investment services fees from its clients.

[ Wed, Jan 15th 2025 ]: ProPublica

Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.

Online lenders tied to Native American tribes argue that they aren't subject to state lending laws, but they backed away from operating in six states where attorneys have acted forcefully to protect consumers.

[ Wed, Jan 15th 2025 ]: Reuters

Developer GuocoLand secures green loans totalling $908 million

Real estate group GuocoLand has secured two green loans amounting to a total of S$1.24 billion ($907.8 million) from Singaporean lenders DBS and Oversea-Chinese Banking Corp , it said in a statement on Wednesday.

[ Wed, Jan 15th 2025 ]: MSN

Generative AI, other Kenyan business trends to note in 2025 that shaped 2024

From government tax policies to market fluctuations and artificial intelligence (AI), most businesses in Kenya embraced the trends that have helped them stay afloat.

[ Wed, Jan 15th 2025 ]: SHINE

Shanghai economy surpasses US$695.6 billion in 2024

Shanghai's economy exceeded 5 trillion yuan (US$695.6 billion) in 2024, mayor of the east China metropolis, Gong Zheng, said Wednesday.

[ Wed, Jan 15th 2025 ]: Reuters

French central bank recommends cut in popular savings account interest rate

Bank of France Governor Francois Villeroy de Galhau recommended on Wednesday that the government lower the regulated interest rate on popular tax-free savings accounts, offering French banks relief from payouts that exceed those offered by European peers.

[ Wed, Jan 15th 2025 ]: Reuters

UK banks resist mortgage rate hikes amid money market turmoil

Britain's banks are accepting smaller profit margins and bigger risks on UK mortgage lending as stress in sterling money markets stretches into a second week, industry sources said, with appetite to lend greater than worries about higher funding costs.

[ Wed, Jan 15th 2025 ]: MSN

Economy May Grow 20% With Female Participation, World Bank Says

Cherie Blair, the human rights lawyer and wife of former UK Prime Minister Tony Blair, will issue a rallying cry for women to have a louder voice in politics after female representation barely advanced in last year's international elections and as female public figures globally faced increased threats of violence.

[ Wed, Jan 15th 2025 ]: MSN

Sluggish domestic demand leads to job market decline

Lackluster domestic demand is adversely affecting the labor market, where manufacturing, construction and other labor-intensive sectors offered fewer job opportunities and new jobs were created at a slower pace last year.

[ Wed, Jan 15th 2025 ]: timesnownews

ITR Filing Deadline: Check Last Date To File Late ITR, Penalties And Other Details

Taxpayers have until January 15, 2025, to file late or revised Income Tax Returns (ITR) for FY 2023-24, per CBDT's extension. Missing this deadline can result in legal notices and additional penalties.

[ Wed, Jan 15th 2025 ]: MSN

Exclusive: Brooks Macdonald makes senior layoffs

Brooks Macdonald has laid off a number of senior staff, including the firm's global head of distribution, in a bid to save costs, City AM can reveal. The redundancies from the asset manager were described by one former employee as "pretty brutal",
Tue, January 14, 2025

[ Tue, Jan 14th 2025 ]: Emirates247

MoHESR and DEWA join forces to align the scholarship programme with national priorities

Abdulrahman Al AwarThis agreement marks a significant step in preparing Emirati youth for global labour market shiftsOur partnership with DEWA will strengthen our national talent pool, enhance the UAE

[ Tue, Jan 14th 2025 ]: Kiplinger

How Another Trump Presidency Will Impact the Stock Market in 2025

President Trump will have little direct impact on the stock market, but his policies, initiatives and posts certainly can make prices move. Here's how.

[ Tue, Jan 14th 2025 ]: Yahoo

Company Says Its Sexy Robot "Companions" No Longer Have Genitals and Are "Not Meant for Sex"

"Through their customized AI and realistic robots, Simulacra is positioned to be a leader in the newly emerging AI companionship market," reads a press release about Tokens.com's acquisition of the company's remaining shares.

[ Tue, Jan 14th 2025 ]: Reuters

Global electric vehicle sales up 25% in record 2024

Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month of record sales in December as China continued to grow and Europe stabilised,

[ Tue, Jan 14th 2025 ]: Investopedia

What's Behind Surging Business Optimism? Likely Some of Trump's Proposals

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications ... MoMo Productions / Getty Images Business optimism has surged since Donald Trump's election in November ...

[ Tue, Jan 14th 2025 ]: Forbes

Looking Back At Biden's Influence On Business Finances

This is the published version of Forbes' CFO newsletter, which offers the latest news for chief finance officers and other leaders ... Office policy proposals that could have speedy impacts on business financials: Extending (and enlarging) corporate ...

[ Tue, Jan 14th 2025 ]: Forbes

The Future Of Accuracy In Healthcare Is Within Reach

With a modern healthcare financial experience, it becomes possible for providers to treat patients without unnecessary bottlenecks, for payers to engage their members in selecting high-quality care for a transparent cost and for patients to focus on their well-being without financial uncertainty.

[ Tue, Jan 14th 2025 ]: Reuters

US and European stocks rise as bond sell-off abates, focus on inflation

U.S. and European stocks ticked higher on Tuesday as a sell-off in bonds moderated, although investors remained cautious ahead of U.S. consumer price inflation data on Wednesday and Donald Trump's inauguration as president next week.

[ Tue, Jan 14th 2025 ]: Reuters

Britain's Reeves pledges to stick to fiscal rules at all times

British finance minister Rachel Reeves, facing criticism for her management of the economy after a sharp increase in the cost of government borrowing, said on Tuesday that she would stick to her fiscal rules at all times.

[ Tue, Jan 14th 2025 ]: MSN

Greenwich schools name new finance director and other celebrations

Schools promote Lai to finance director Patrick Lai has been promoted to director of finance at Greenwich Public Schools. According to a release from GPS, since joining Greenwich Public Schools in June of 2023,

[ Tue, Jan 14th 2025 ]: MSN

Trump wants to 'save' TikTok. One rescuer could be Elon Musk.

President-elect Donald Trump has said he wants to "save" TikTok. One possible rescuer could be Elon Musk. Chinese government officials, according to reports by Bloomberg and The Wall Street Journal, have discussed selling the social media app's US business to the owner of X,

[ Tue, Jan 14th 2025 ]: Reuters

JPMorgan names CEO contender Jennifer Piepszak as its operations chief

JPMorgan Chase on Tuesday promoted insider Jennifer Piepszak, seen as a strong contender for CEO Jamie Dimon's role, as its chief operating officer in place of Daniel Pinto, who will retire at the end of 2026.

[ Tue, Jan 14th 2025 ]: MSN

Conservatives call on government to back off capital gains changes due to legislative limbo

The Conservatives are calling on the government to stop collecting tax on capital gains at the increased inclusion rate the Liberals put forward as part of last year's budget.

[ Tue, Jan 14th 2025 ]: MSN

5 Cities That Are Likely To Thrive Once Trump Takes Office

As President-elect Donald Trump prepares for a second term, there are many unknowns about the economy and other important issues for voters, but one thing is for sure-there will be a shake-up in

[ Tue, Jan 14th 2025 ]: Firstpost

Will Union Budget 2025 deliver on financial sector reforms?

As India looks ahead to the 2025 Budget, the financial sector hopes for smart reforms that will boost stability, support entrepreneurship and make it easier for underserved regions to access capital

[ Tue, Jan 14th 2025 ]: Forbes

How To Prepare Financial Statements For A Future Public Company

A successful micro-cap IPO relies on telling a compelling growth story, backed by consistent financial data. Ensure that your historical financial statements—typically covering at least the last three years—are prepared in a way that reflects your company's operational reality.

[ Tue, Jan 14th 2025 ]: Forbes

Partnerships: How To Drive Business Success Without Draining Resources

Collaboration has become a key strategy for success as businesses adapt to a world that is always changing and becoming more complex. When it comes to innovation, expanding into new markets and mitigating risk, collaborative ecosystems will be ...

[ Tue, Jan 14th 2025 ]: Tuko

Kenya Railways Announces Several Career Opportunities with January Deadline

Kenya Railways Corporation sought to recruit qualified and interested candidates in various fields such as communication, marketing, finance, and management.

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Goldman Sachs reported a significant surge in profit for the fourth quarter of 2024, driven by a robust performance in its investment banking and trading sectors. The bank's profit increased by 51% to $2.01 billion, or $5.48 per share, surpassing Wall Street expectations. This was largely due to a 26% rise in investment banking fees, fueled by a rebound in global mergers and acquisitions, and a 23% increase in equity trading revenue. Additionally, Goldman Sachs benefited from a $529 million gain related to the sale of part of its wealth business to Creative Planning. Despite these gains, the bank's asset and wealth management division saw a 12% revenue drop, reflecting challenges in that sector. Overall, these results underscore a strong recovery in financial markets and strategic business decisions by Goldman Sachs.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/goldman-sachs-profit-surges-investment-banking-trading-fuel-bumper-quarter-2025-01-15/