• Fri, January 17, 2025

by: Reuters

Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

by: Oregonian

Meet the 11 House members, 8 senators newly sworn in to the Oregon Legislature

The Oregon House will get its first Japanese American representative after Multnomah and Washington county commissioners voted to appoint Bethany Democrat Mari Watanabe to a vacant seat in the state House.

by: AOL

Retail CEOs wrestle with potential rising costs as new Trump tariffs loom

Dollar Tree CEO Michael Creedon said at its third quarter earnings call that the team can mitigate risk based on its experience in 2018 and 2019. Overall, direct imports make up 41% to 43% of Dollar Tree's total retail value purchases, and China supplies the majority of those imports, per a company filing.

by: CNET

Wildfire Scams: Who They're Targeting and How to Spot Them

Officials in California are warning the public about scams targeting wildfire relief donors with bogus charities.

by: worldconstructionnetwork

Robertson and Balfour Beatty appointed for North Schools Programme in Scotland

Robertson and Balfour Beatty have been named as the preferred contractors for the construction of five new educational facilities as part of the North Schools Programme in Scotland.

by: Observer

Wall Street CEOs Are Eagerly Awaiting Trump's Pro-Business Policies

Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.

by: MSN

How ESG will accelerate growth in Indian companies

As per KPMG in India's 2024 India CEO Outlook, CEOs in India and across the world are taking a long-term view on ESG investments, with many expecting significant returns within five to ten years.

by: MSN

2 Business Experts Share Their Worst Financial Mistakes and How They Overcame Them

There are few things as stressful as making a financial blunder. Making these kinds of mistakes can affect your confidence, your peace of mind and, of course, your finances. The

by: MSN

Capricorn Daily Horoscope Today, January 18, 2025 predicts fortune for job seekers

Horoscope Today, January 18, 2025 to know your astrological predictions. No major monetary issue will exist today.

by: MSN

January 18, 2025, Birthday Forecast: Year of success ahead for you

For those born on January 18th, 2025 promises growth and achievements in career and finance, strengthened relationships, and stable health, with a focus on wellness and regular checkups. Travel, especially leisure and foreign trips,

by: MSN

Shuffle Board: Authentic Appoints Former Gaming Exec as President

Matt Maddox, former CEO of Las Angeles Strip casino operator Wynn Resorts, succeeds Nick Woodhouse as president of Authentic Brands Group.

by: MSN

Mayor Brandon Johnson's finance reports show trouble raising money, accounting for it

Mayor Brandon Johnson's latest campaign finance reports suggest ongoing issues with sloppy clerical work as well as fundraising, a troubling sign for the freshman mayor midway into his term. State records show that from July through September 2024,

by: MSN

Government to move new income tax bill in Budget session

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus is on simplifying provisions and making the language more accessible for the common man.

by: MSN

YISD appoints new comptroller, budget director

Ysleta Independent School District (YISD) announced a new comptroller and budget director on Friday, Jan. 17. Belen Briones has been appointed to the role of comptroller and has 22 years of experience in finance,

by: MSN

Most Americans don't appreciate how big Bytedance's business really is: Lead Edge Capital's Green

Mitchell Green, Lead Edge Capital founder and partner, joins 'Squawk on the Street' to discuss the Supreme Court's decision on the ban of TikTok, and how big Bytedance's business really is, and much more.

by: MSN

Week Ahead for FX, Bonds: All Eyes on Trump's Inauguration, Policy Announcements

U.S. Focus will fall on Trump's inauguration. Monday is a public holiday in the U.S. but policy announcements are widely expected to result in volatility across financial market

by: MSN

Can landscape regeneration be profitable? One of Australia's richest couples is trying to find out

In the middle of Tasmania sits a 5,000-hectare property once used for sheep grazing. But when the sheep farmers left, an unlikely buyer moved in.

by: MSN

How CEOs Hope to Improve Donald Trump's Presidency

Many have noticed how differently some business leaders are greeting the second Trump presidency, write Jeffrey Sonnenfeld and Steven Tian

by: MSN

Copped Out: Global Warming and Global Markets

As is now something of an annual ritual, last month's COP29 conference in Baku, Azerbaijan ended on a rather shabby note. Actually, one can describe its beginning the same way. Ilham Aliyev, the dictator who rules Azerbaijan,

by: MSN

Report: John Stewart Named In Lawsuit Over Equity Firm Management

The lawsuit alleges: "Stewart's newfound interest in buying, selling, and raising Thoroughbred horses has diverted his attention from growing and managing the MiddleGround Funds."
  • Sat, January 18, 2025

by: Forbes

What Musk's Tweets Reveal About His Relationship With China

As Elon Musk grew Tesla's business in China, he publicly cozied up to its leaders on his favorite social media platform.

by: tdn

Longview extends city manager deliberations into next week

After extensive questioning and more than two hours of deliberations Friday, Longview City Council failed to agree on a finalist to become its next city manager. Instead, it pushed deliberations

by: AOL

7 Banking Mistakes To Avoid If You Have a Side Gig

While many Americans are relying on side hustles to get by, it's pivotal that you avoid certain banking mistakes if you want to maximize the benefits of your additional income stream -- and avoid

by: Kiplinger

What Are Passive Income Strategies and How Can I Use Them in 2025?

Something these inflationary times have clarified is that we could all use a little more money in our bank accounts. It's a simple fact: Life has become much more expensive. Passive income is a way to generate extra money and overcome a hurdle that's getting higher and higher without knocking yourself out.

by: MSN

Nab Expands Islamic Finance Offerings, Empowering Ethical Business Growth

National Australia Bank (NAB) has taken a significant step in promoting inclusive banking by enhancing its Islamic finance offerings, designed to support Australia's expanding Muslim community and its entrepreneurial ambitions.

by: Investopedia

10 Ways to Improve Cash Flow in Construction

Improving cash flow in construction requires some sector-specific strategies from spreading out costs to comparison shopping for materials and financing them.

by: Reuters

Bank of America awards stock to employees after strong 2024 performance, memo shows

Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

by: businessday

Airtel Africa, BUA Foods, 11 others top trillion-naira club

Airtel Africa, BUA Foods, and 11 others have officially joined the elite trillionaire club as of the beginning of 2025, analysis

by: blockonomi

Top 3 AI Altcoins for Q1 2025 That Could Deliver a Life-Changing 50,000% ROI

Are you looking for the perfect altcoins to diversify your crypto portfolio? Check out our top selections of AI altcoins poised to yield an ROI of over 50,000% by Q1 2025.

by: Couriermail

Beloved Sydney cafe Khamsa Eatery closes after eight years citing landlord dispute

A beloved Palestinian cafe and eatery located in Sydney's inner west has called time after eight years of business, with the owner saying she was unable to reach an agreement with her landlord.

by: MARCA

IRS confirms tax relief for California wildfire victims: Here's what you need to know

by: Truthout

Trump Is Packing His Cabinet With Crypto, Oil and Private Prison Profiteers

Trump's own social media company, Trump Media and Tech­no­logy Group, is in talks to buy Bakkt, a cryptocurrency trading venue whose former CEO is Kelly Loeffler, who Trump has nominated to head his Small Business Administration. Trump also has his own crypto project, World Liberty Financial.

by: TechCrunch

EV startup Canoo files for bankruptcy and ceases operations

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a

by: MSN

Aussie couple's $16,000 mistake after X-rated blunder: 'Worst nightmare'

An Aussie couple who launched a skincare brand suffered an expensive mistake when they were getting ready to launch. Salvatori Agostino and Talia Jackson have a goal to become one of the most popular Australian-made skincare brands for men in the country.

by: Reuters

Canada cabinet minister Gould says she is running to replace Trudeau

Canadian cabinet minister Karina Gould on Saturday said she would take part in the contest to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party.

by: AOL

Trump will inherit a housing market creaking under the strain of high prices and high interest rates

Trump's administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use. But economists and housing market experts say sweeping changes are hardly so simple.

by: MSN

Who is Dany Garcia? Businesswoman With $40 Million Net Worth and The Rock's Ex-Wife

Dwayne Johnson's ex-wife, Dany Garcia, has been instrumental in his successful entertainment career. Despite their divorce, they remain business partners, co-founding Seven Bucks Productions, producing major films and shows.

by: MSN

Commerce Nominee Lutnick Is Backer of Outlaws' Favorite Cryptocurrency

Cantor Fitzgerald holds assets for Tether, the stablecoin used by drug traffickers, terrorists and scammers to move money around the world.

by: MSN

Kristi Noem's husband and time she killed her pet dog as she's picked for Homeland Security chief

South Dakota Gov Kristi Noem, a longtime fan of the President-elect, answered questions during her Senate confirmation

by: MSN

"Rehearse, rehearse, rehearse" - is your business doing enough on DORA compliance?

Well the crucial takeaway is to "rehearse, rehearse, rehearse" James Hughes, VP of Solutions Engineering and Enterprise CTO at Rubrik told TechRadar Pro at a recent event. "So you can simulate rehearsals,

by: MSN

This is how much Ankur Warikoo earned in 2024: Influencer reveals income from YouTube, Instagram & 5 other streams

Warikoo's content business, Brand Warikoo, stands out as the cornerstone of his operations, boasting an impressive digital presence across various platforms. His combined following exceeds 14.8 millio

by: MSN

Divorced and Broke, She Found Creative Ways to Rebuild Her Life

Rebuild your life after financial setbacks with inspiration from Jolie's journey. From cutting expenses to turning her home into an income source, discover the strategies that helped her create stability and success after divorce.

by: MSN

Geetanjali Vikram Kirloskar: Steering Leadership and Legacy in Indian Industry

Geetanjali was awarded the Knight First Class of the Order of the Lion of Finland in recognition of her contributions to Finland.
  • Sun, January 19, 2025

by: SunLive

Prime Minister unveils cabinet changes

Dr Shane Reti has lost the health portfolio to Minister Simeon Brown in one of a series of changes Prime Minister Christopher Luxon has made in his reshuffle, including demoting Melissa Lee and promoting James Meager.

by: NDTV

Beginners Guide To Union Budget: A Financial Document For The Year Ahead

The Union Budget is an essential part of India's economic planning, affecting everything from government spending to public services.

by: MSN

Weekly Money Horoscope January 19 to January 25, 2025: Spending, saving, and earning for all zodiac signs

The article highlights financial predictions for each zodiac sign. It covers potential changes in expenses, opportunities for gains, and advises prudence in spending and investments. Emphasis is placed on avoiding unnecessary expenditure,

by: MSN

3 Reasons to Buy Walmart Stock in 2025

With Wall Street seemingly focused only on artificial intelligence and GLP-1 weight-loss drug stocks lately, it might surprise some of these investors to learn that Walmart (NYSE: WMT) was actually a solid growth stock in 2024.

by: MSN

2 Magnificent Growth Stocks That Can Outperform the S&P 500

Investors can build tremendous wealth over the long term, and it doesn't require trading in and out of hot tech stocks. If you follow Warren Buffett's approach of buying shares of quality businesses when their stocks are trading at fair prices,

Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
The article from Reuters discusses how Wall Street banks are anticipating a potential relaxation of capital requirements under a new Trump administration, which could begin in 2025. These banks, including major players like JPMorgan Chase, Goldman Sachs, and Citigroup, are hopeful that changes in regulatory frameworks could lead to less stringent capital rules, thereby freeing up more capital for lending and other investments. The article highlights that during Trump's previous term, there was a significant rollback of some Dodd-Frank regulations, which had been put in place after the 2008 financial crisis to prevent another economic meltdown. Bank executives and lobbyists are already engaging with policymakers to influence these potential changes, aiming for a regulatory environment that they argue would boost economic growth by reducing the financial burden on banks. However, this push for deregulation is met with caution from consumer advocates and some lawmakers who fear a repeat of past financial instability.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/wall-street-banks-sense-opportunity-looser-capital-rules-trump-ushers-new-era-2025-01-17/

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