• Thu, January 16, 2025

by: CNET

ExpressVPN Identity Defender Review: Great VPN, Basic ID Theft Protection

While ExpressVPN is primarily a virtual private network, the platform offers some identity theft protection features.

by: Kiplinger

Could ESG Funds be Removed from Your 401(k) Plan?

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an invest

by: AOL

Bankruptcy Filings Jumped in 2024: Are You at Risk of Filing?

Many Americans are struggling financially, despite what their social media highlights show. According to the most recent federal statistics, bankruptcy filing surged by a total of 16.2%

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: MSN

How California's catastrophic wildfires are inflaming the state's insurance crisis

The wildfires scorching Southern California are turning entire neighborhoods into ash, decimating expensive properties and exacerbating an insurance crisis that predates the infernal blazes. Costs are quickly mounting as the Los Angeles area's disaster continues to unfold,

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.

by: Forbes

Fifth Third Bank's CIO On AI, Cloud And Customer-Centric Innovation

As the CIO of Fifth Third Bancorp, Jude Schramm has been instrumental in steering the Cincinnati-based national banking institution through a major digital journey.

by: Kiplinger

The Fine Print: What Trump Isn't Telling You About His Tax Plans

Knowing the impacts of various tax proposals can empower you to make informed financial decisions as we move through 2025.

by: AOL

Massive new Trump tariffs are looming. Here's how these import 'taxes' work and who pays for them

New tariffs are likely coming in Trump's second term. While companies owe these import taxes, consumers usually foot the bill.

by: Forbes

Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital

Diversity in venture capital (VC) has emerged as a pressing issue, with the industry facing a stark underrepresentation of women and other diverse demographics among both investors and entrepreneurs. This lack of representation is not merely a matter of equity; it significantly impacts innovation and overall performance within the sector.

by: Kiplinger

Taiwan Semiconductor Earnings Fuel a Rally in Chip Stocks

Taiwan Semiconductor stock is higher Thursday after the chip manufacturer beat expectations for its fourth quarter and issued a strong outlook. Here's what you need to know.

by: MSN

Bipartisan group of senators tells Biden admin to halt 'secret negotiations' with foreign trade partners

The Biden administration is being accused of working to circumvent Congress in its efforts to push an eleventh-hour change to some of the United States' free trade agreements.

by: Reuters

Wall St subdued after strong session; focus on earnings

Wall Street's main indexes took a pause on Thursday following strong gains in the previous session, helped by a batch of bumper earnings from major banks, while investors assessed data to gauge the outlook for interest rate cuts this year.

by: MSN

Former Bank of England governor running to replace Trudeau as Canada's PM

Former Bank of England governor Mark Carney has announced he is running to replace Justin Trudeau as leader of the Liberal Party and prime minister of Canada.

by: Reuters

US CDC recommends faster testing for bird flu in hospitalized patients

People hospitalized for flu should be tested for bird flu within 24 hours, the U.S. Centers for Disease Control and Prevention said on Thursday, in an expansion of the agency's efforts to tackle increasing infections in humans.

by: Kiplinger

Seven Tips to Land Your First Client as a Financial Adviser or Entrepreneur

Whether someone is a financial adviser, planner or financial business owner, being new to the industry comes with its own set of challenges — especially when it comes to finding that first client. While you may have the right credentials and the passion for helping others with their money,

by: MSN

Billionaire Mark Cuban Proposes TikTok Alternative - Could It Help You Replace Lost Income?

A TikTok ban could shake up the U.S. economy. Mark Cuban's alternative aims to save creators, small businesses, and advertisers alike.

by: Reuters

Car plants in Europe, North America face closures in 2025, Gartner says in report

Several European and North American car factories are at risk of being closed or sold this year as automobile brands struggle with overcapacity and price competition, research and advisory firm Gartner said in a report on Thursday.

by: MSN

8 Surprising Things NFL Stylist Tom Marchitelli Learned from Dressing Travis Kelce, Gronk and More (Exclusive)

Marchitelli has designed and styled suits for the biggest names in sports with a client roster of 500-plus athletes across the NFL, MLB and NBA

by: Reuters

Citigroup cuts more jobs to meet expense goals, Bloomberg News reports

Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter.

by: Reuters

US consumer finance watchdog fines payments firm Block over Cash App operations

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and weak security protocols on its mobile payment service Cash App.

by: MSN

American Express To Pay $230M For Misleading Small Business Customers

American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products.

by: Reuters

Morgan Stanley's profit more than doubles on boost from dealmaking, stock sales

Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

by: MSN

Scaramucci, Ackman Donate to Whitney Tilson's NYC Mayoral Run

Anthony Scaramucci, Bill Ackman and many others in the finance industry have helped Whitney Tilson build his treasure chest to run for mayor of New York City.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), January 17, 2025: Stay humble!

Pisces Money Horoscope Today Activity in commercial work will increase, and you will focus on your career and business goals. You will maintain patience in financial transactions and avoid being cheated.

by: Reuters

PNC Financial's profit rises on interest income growth, lower rainy-day funds

PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set aside less capital to cover potential loan defaults.

by: MSN

UK economy rebounds but headwinds remain for govt

Britain's economic growth rebounded less than expected in November, official data showed Thursday, dealing a fresh blow to a Labour government that is battling headwinds. Following the growth data, yields on UK government bonds steadied after having cooled significantly Wednesday.

by: MSN

UnitedHealth CEO Andrew Witty remembers Brian Thompson's impact on the business

NASA satellites captured a "phantom island" before it vanished as suddenly as it appeared.

by: MSN

Warren demands clarity for big business exemptions to Trump's tariffs

One economic unknown is whether President-elect Trump's tariffs will cover all imported goods, as previously threatened. But Sen. Elizabeth Warren (D-Mass.) wants to know the opposite: which companies will get exemptions and how that will be determined,

by: MSN

From Loss to Recovery: Small business owner fights back after $50,000 bank imposter scam

From Loss to Recovery: Small business owner fights back after $50,000 bank imposter scam
  • 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

When most people think of finding a job in Toronto, working for the City often comes to mind, as it offers some enticing perks like job security,

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

Arrie Rautenbach is a South African banker with nearly three decades of experience in the industry. Uncover key facts about his life and career journey.

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: 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.

Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital

Diversity in venture capital (VC) has emerged as a pressing issue, with the industry facing a stark underrepresentation of women and other diverse demographics among both investors and entrepreneurs. This lack of representation is not merely a matter of equity; it significantly impacts innovation and overall performance within the sector.
The article from Forbes Finance Council, published on January 16, 2025, titled "Investing in Women: A Strategic Imperative for Diverse and Profitable Venture Capital," emphasizes the critical need for venture capital firms to invest in women-led startups. It discusses how such investments not only promote gender diversity but also lead to higher profitability and innovation. The piece highlights statistics showing that companies with female founders or co-founders tend to outperform their male-only counterparts in terms of revenue and return on investment. It argues that by investing in women, venture capitalists can tap into underrepresented talent pools, foster unique perspectives that drive innovation, and address market gaps that male-dominated teams might overlook. The article also addresses the systemic barriers women face in accessing capital and calls for a shift in investment strategies to include more inclusive practices, mentorship, and support networks to empower female entrepreneurs.

Read the Full Forbes Article at:
https://www.forbes.com/councils/forbesfinancecouncil/2025/01/16/investing-in-women-a-strategic-imperative-for-diverse-and-profitable-venture-capital/

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