• Thu, January 16, 2025

by: Forbes

This Week In Credit Card News: Medical Credit Cards Are Being Pushed On Patients

Medical credit cards are increasingly pushed on patients across America as the costs of health, dental, and veterinary procedures rise. CareCredit had 12 million cardholders and 270,000 participating providers in 2024,

by: Reuters

World Bank warns that US tariffs could reduce global growth outlook

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage point if America's trading partners retaliate with tariffs of their own.

by: unite

The Rise of Agentic AI: A Look Back at 2024 and Predictions for 2025

by: MSN

David Staples: Numerous reasons we can't trust Mark Carney to put Canada first

If you're looking for a leader who will put Canada first, Mark Carney is not your guy. I say this even as Carney is many things that Justin Trudeau is not — brainy, experienced in business, and from Western Canada.

by: Reuters

Former Bank of Canada governor Carney enters race to replace Trudeau

Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy.
  • Fri, January 17, 2025

by: sinchew

Global finance leaders set tone for 2025 at the Asian Financial Forum

HONG KONG SAR - Media OutReach Newswire - 16 January 2025 - The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre,

by: blogTO

Toronto is hiring for a ton of jobs right now and many pay over $100K

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by: Tuko

World Bank Announces Internship Programme Paying Hourly Salary, KSh 388k Commuter Allowance

The World Bank has unveiled its 2025 internship programme, which offers candidates a competitive hourly salary and a commuter allowance of KSh 388,500.

by: briefly

Who is Arrie Rautenbach? Get to know the South African businessman

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by: Moneyweb

South African lawmakers to quiz banks over lending practices

The meeting is to ensure that the banking sector in South Africa is open, transparent and of service to poor people to facilitate inclusion in the productive sectors of the economy,' Mzwandile Masina.

by: UCL

UCL enhances business education offer in heart of London

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by: Oneindia

FACT SHEET: United States and Karnataka

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by: MoneyWeek

Should mortgage lending rules be relaxed to boost the UK economy?

Chancellor Rachel Reeves has been seeking ideas from financial regulators on how to boost the economy amid concerns about the UK's prospects due to higher taxes announced in the Autumn Budget. It comes as UK GDP came in at just 0.1% for November.

by: Forbes

The Evolution Of Business Travel And Fintech: Predictions For 2025

It's clear to me that in 2025, investments in cutting-edge technologies will drive profound change. Companies are increasingly focused on enhancing personalization, efficiency and security, which set the stage for a future where technology revolutionizes both business travel and fintech.

by: bnnbloomberg

The Daily Chase: Carney and Freeland make it official

It's been another eventful 24 hours in Canadian politics as former Bank of Canada head Mark Carney and former finance minister Chrystia Freeland have both officially tossed their hat into the ring to be the next leader of the Liberal Party and Canada's Prime Minister.

by: Kiplinger

SLB Stock Jumps on Earnings, Dividend Hike and Buyback News

SLB stock is soaring Friday after the energy firm reported strong fourth-quarter earnings and unveiled several shareholder-friendly initiatives.

by: Reuters

US mid-sized banks ride industry upswing on robust fee income

A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand.

by: Forbes

Game-Changing SBA Updates Every Business Owner Should Know

These are substantial, strategic changes specifically designed to make it easier than ever for business owners to get their hands on working capital.

by: AOL

LeBron James' business partner is raising $5 billion for a basketball league to rival the NBA

Lebron James' longtime business partner Maverick Carter—known as the negotiator behind James' blockbuster lifetime deal with Nike—is working with a group of investors to raise $5 billion to create an international basketball league meant to compete with the NBA.

by: AOL

The Best AI Stocks to Invest $500 in This Year

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by: Reuters

Truist beats quarterly profit estimates on investment banking gains

Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened.

by: Reuters

Private equity 'secondary' sales hit record as Ardian closes $30 bln fund

The secondary market for private equity funds saw record transaction volumes last year as buyout bosses and their investors looked for ways to generate cash amid a downturn in dealmaking.

by: AOL

Here's how L.A. homeowners impacted by the wildfires can request mortgage relief

JPMorgan Chase and Bank of America have programs offering mortgage relief to homeowners impacted by the California wildfires.

by: Reuters

India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost

India's ICICI Lombard General Insurance beat third-quarter profit estimates on Friday, helped by higher premiums earned in its health and motor insurance segments.

by: Reuters

SBI Life Insurance posts higher Q3 profit on policy renewals, new sales

India's SBI Life Insurance Company posted a higher third-quarter profit on Friday, led by growth in renewed and new insurance policies.

by: Reuters

ECB should not rush rate cuts, Nagel says

The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview published on Friday.

by: MSN

Qubetics Best Crypto Presale Wins Hearts With $9.7 Million Raised, While Crypto Giants Like Bitcoin and Ethereum Maintain Momentum

Explore the best crypto presale with Qubetics, Bitcoin, and Ethereum. Discover their unique features and why $TICS is a game-changer in digital finance.

by: MSN

Is Acquiring a Business Right For You? Here's How to Know If You Should Buy a Business or Start From Scratch

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by: MSN

Can IBM Stock Benefit From Applications Software Technology Buyout?

International Business Machines Corporation IBM has inked an agreement to acquire Applications Software Technology ("AST") LLC, a global Oracle consultancy firm. The transaction builds on IBM's previous acquisition of Accelalpha in 2024,

by: MSN

Evan: Business leaders are showing increased confidence in the stock market.

Elizabeth Evans, Managing Partner at Evans May Wealth, discusses the current market sentiment and investment strategies. She notes that business leaders and retail clients are showing increased confidence in the stock market,

by: MSN

RLI Stock Trades Above 50-Day SMA: What Should Investors Do?

RLI Corp. RLI has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 16, 2025, was $77.83, down 14.6% from its 52-week high of $91.

by: MSN

David Staples: All the reasons why we can't trust Mark Carney to put Canada first

If you're looking for a leader who will put Canada first, Mark Carney is not your guy. I say this even as Carney is many things that Justin Trudeau is not — brainy, experienced in business, and from Western Canada.

by: MSN

Buffett's Sale of BAC Stock: A Smart Move or Missed Opportunity?

After Warren Buffett decided to trim his holdings in the financial sector, with Bank of America Co. (NYSE: BAC) being one of his selling picks, a lot of investors in the market grew weary of where the system might be headed if not the broader economy.

by: MSN

Cadence Minerals grants share options to top executives

LONDON - Cadence Minerals Plc (AIM: KDNC) has announced the awarding of share options to its top executives, a move that increases the total number of options over ordinary shares in the company. The granted options total 14,

by: MSN

Ankur Warikoo reveals his annual revenue for 2024: 'Look at how much money I make'

Entrepreneur and content creator Ankur Warikoo unveils his holding company's operations and growing digital influence across multiple platforms.

by: MSN

Who Is Nathan Anderson? The American Short Seller Who Shook India With Adani Allegations

Nathan Anderson, founder of Hindenburg Research, announced the firm's disbanding on Wednesday, January 15, 2025. Known for impactful reports on the Adani Group and Nikola, Hindenburg gained prominence through its investigations.

by: MSN

Want to own an ice cream parlor? Distinctive Wilson business up for sale.

After operating for nearly two years, an ice cream shop in Wilson is for sale. Larry Steinhouse, owner of The Ice Cream Corner, announced on Facebook Wednesday that he is selling the business due to an "unforeseen event.

by: MSN

India's Private Equity Frenzy: Smart Money Or A Bubble in the Making?

By Utkarsh Sinha & Dr Vipin Sreekumar India's private equity (PE) sector is witnessing an unprecedented surge, fuelled by strong economic growth, favourable demographics, and structural reforms. In 2023,

by: MSN

York biotech company appoints new finance director

York-based OptiBiotix Health plc has appointed David Blain to the Board as Finance Director and Company Secretary.

by: MSN

How Do You Prevent the Next L.A. Wildfire? This Insurance CEO Weighs In.

Despite hurricanes, floods, and the recent devastating fires in Los Angeles, the insurance business can be a lucrative one, particularly with the right strategy. Marsh McLennan seems to be a case in point.

by: MSN

Mass Layoffs as CMC Motors Shuts Down in Kenya After 40 Years

CMC Motors Group has announced its decision to cease all its operations in Kenya and two other countries which will result in mass job losses. The Group on January 17, announced its decision to gradually wind down operations in Kenya,

by: MSN

US consumer finance watchdog faces lawsuit for classifying digital wallets as banks

by: MSN

Trump's treasury nominee turns tables on Sanders in testy exchange about Biden's 'oligarchy' comments

Scott Bessent, President-elect Trump's pick to lead the Treasury Department, went head to head with Sen. Bernie Sanders, I-Vt., over whether the U.S. is headed toward an oligarchy.

by: MSN

U.S. Bank Business Checking Account Review: Pros, Cons and Alternatives

Explore U.S. Bank business checking account features, fees, and benefits. We'll explain the differences between these accounts, helping you decide which is right for you.

by: MSN

Goldman Sachs' SWOT analysis: stock outlook amid investment banking rebound

Goldman Sachs Group Inc. (NYSE:GS), a leading global investment banking, securities, and investment management firm, continues to navigate a complex financial landscape as it enters 2025. The company's stock has been the subject of intense scrutiny by analysts,

by: MSN

'Trump tax' a worry that requires unified Canadian response, Houston says

Donald Trump will carry the threat of a 25 per cent tariff on Canadian goods entering the United States to his swearing-in ceremony Monday for a second term as American president. "Tariff is one word but tax is the real word,

by: MSN

AI in 2025: Custom solutions and autonomous agents lead the way

Advancements in custom AI and agentic AI are poised to revolutionize industries by 2025. Custom AI addresses unique business challenges, while agentic AI operates autonomously to optimize processes. Both trends promise significant productivity and innovation enhancements,

by: MSN

Oakland FBI investigation: Ex-Mayor Sheng Thao indicted amid sprawling public corruption inquiry

A federal grand jury has indicted Oakland's recalled Mayor Sheng Thao, a source with knowledge of the investigation told the Bay Area News Group — a stunning development in a federal public corruption inquiry that touched the highest levels of East Bay's political class.

David Staples: Numerous reasons we can't trust Mark Carney to put Canada first

If you're looking for a leader who will put Canada first, Mark Carney is not your guy. I say this even as Carney is many things that Justin Trudeau is not — brainy, experienced in business, and from Western Canada.
The article by David Staples discusses skepticism regarding Mark Carney's potential role in Canadian politics, particularly his suitability to prioritize Canada's interests. Staples outlines several reasons for this distrust: Carney's globalist perspective, which might not align with national interests; his past decisions as Governor of the Bank of England, where he was criticized for policies that arguably favored the financial sector over the general populace; his involvement with international financial institutions like the World Economic Forum, suggesting a focus on global rather than local issues; and his economic policies that could be seen as promoting a form of capitalism that benefits the elite. Additionally, Staples points out Carney's lack of direct political accountability in Canada, his association with high-profile figures and events that might not resonate with average Canadians, and his economic strategies that could potentially lead to increased inequality or economic instability in Canada. The overarching theme is a concern that Carney's internationalist views and past actions might not serve Canada's best interests if he were to take a significant political role.

Read the Full MSN Article at:
https://www.msn.com/en-ca/news/canada/david-staples-numerous-reasons-we-can-t-trust-mark-carney-to-put-canada-first/ar-AA1xkUyl