Wed, January 15, 2025

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: Reuters

JPMorgan posts record annual profit as dealmakers, traders ride market rebound

JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.

by: 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.

by: 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

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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

by: 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

by: 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.

by: 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.

by: 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 ...

by: 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.

by: 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.

by: 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.

by: 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.

by: 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

by: 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

by: 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.

by: 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 ...

by: 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.

by: Forbes

Conversational AI Trends For 2025 And Beyond

The true power of conversational AI lies not in its ability to mimic human speech but in how it reshapes decisions, builds trust and adapts to complexity.

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: MSN

Sagittarius: Your finance horoscope - January 14

Email Susan Taylor Now to Gain Clarity and Confidence!

by: Reuters

How insurance innovation could unlock billions for nature-based climate solutions

With some 55% of the world's GDP either moderately or heavily dependent on nature, according to PwC, much more finance needs to flow away from activities that harm nature towards activities that support it.

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.

The article from Reuters, published on January 15, 2025, discusses how UK banks are resisting the pressure to increase mortgage rates despite the ongoing turmoil in money markets. This resistance comes in the wake of economic instability, where money market rates have been fluctuating due to various global financial pressures. Banks are choosing to absorb some of these costs rather than pass them onto homeowners, aiming to maintain customer loyalty and support the housing market. This strategy is influenced by the anticipation of potential economic recovery and the banks' assessments of long-term profitability over short-term gains. However, this approach might not be sustainable if market conditions worsen, potentially leading to future rate adjustments.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/uk-banks-resist-mortgage-rate-hikes-amid-money-market-turmoil-2025-01-15/