Wed, January 29, 2025

by: Couriermail

The chance of you getting your money back if you're scammed has been revealed - and it's dire

It is seen as a last bastion of hope for scam victims who have lost everything, but for many, dealing with the Australian Financial Complaints Authority (AFCA) has had the opposite effect.

by: WRAL

Minted Connect Secures Investment at $10 Million Valuation

Embedded finance platform Minted Connect has secured a new investment round at a $10 million valuation. The funding round was led by APY Ventures, with participation from prominent investors, including Insha Ventures,

by: STAT

RFK Jr., Trump's HHS pick, grilled at Senate confirmation hearing

Robert F. Kennedy Jr. makes his first congressional appearance Wednesday as President Trump's pick to lead HHS. Follow STAT's live updates.

by: CNET

Will the New IRS Rule for Venmo, PayPal and CashApp Payments Impact Your Tax Return?

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal, Venmo or Cash App to report income of over $600 or more per year to the tax agency. The IRS delayed this new reporting requirement in 2022 and again in 2023.

by: STAT

Live updates: RFK Jr., Trump's HHS pick, grilled at Senate confirmation hearing

Robert F. Kennedy Jr. makes his first congressional appearance Wednesday as President Trump's pick to lead HHS. Follow STAT's live updates.

by: CNET

Create an IRS Account This Tax Season to Save Yourself Time and Trouble

Tax season is upon us -- the IRS started accepting returns on Monday, Jan. 27, and if you file early, you could get your tax refund by the end of February. Before you grab your W-2 and fire up our favorite tax software, there's one step you should consider first -- creating an online IRS account.

by: Forbes

Why Gallabox Thinks WhatsApp Is The Future Of Sales And Marketing

Gallabox has raised $3.5 million of new funding as it seeks to expand its WhatsApp solution for managing customer conversations into the US

by: CNET

Fact Check: Trump Doesn't Have the Power to Force Lower Interest Rates

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage rates, credit card APRs or business loan rates.

by: Kiplinger

Why I'm Not Chasing Airline Status This Year

"Nope," I told him, "mostly it gets me three extra inches of legroom." I'm not a business traveler, but I typically take a handful of flights each year paid out of my own pocket.

by: TechCrunch

Solar startup Niko is building Mexico's first virtual power plant

After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, Niko found another opportunity.

by: STAT

Live updates: RFK Jr., Trump's HHS pick, testifies at Senate confirmation hearing

Robert F. Kennedy Jr. makes his first congressional appearance Wednesday as President Trump's pick to lead HHS. Follow STAT's live updates.

by: Forbes

The Ominous Omnibus: What New EU Legislation Could Mean For Sustainability Reporting

Following calls to reduce the regulatory burden imposed on businesses, the European Union is poised to reform a series of laws passed under the EU Green Deal

by: Reuters

UK's Reeves seeks growth boost from improving EU and US relations

Britain will boost its economy by resetting its ties with the European Union and building on its special relationship with the United States, finance minister Rachel Reeves said on Wednesday.

by: Politico

Trump tests Republicans' tolerance

Whip Tom Emmer, the No. 3 House Republican, outright applauded Trump in an interview with our Meredith Lee Hill in Doral for "doing exactly what he was elected to do." And GOP Conference Chair Lisa McClain hailed the move as a "brilliant" idea.

by: Reuters

LVMH touts good start to 2025 but Q4 results underwhelm

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.

by: NDTV

What Led To The Merger Of Railway And Union Budget In 2017

The Union Budget andRailway Budgetwere presented separately until 2017 when the government ended the 92-year-old practice and merged them.

by: Reuters

Norway wealth fund posts record $222 bln annual profit on tech boom

Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

by: MSN

Gemini Daily Horoscope Today (May 21- June 20), January 29, 2025: Morale will remain intact!

Gemini Money Horoscope Today Bring clarity to career and business. Profit margins will remain steady. Exercise care in financial dealings. Stay away from financial and commercial risks. Gemini Career Horoscope Today Progress with patience and caution.

by: MSN

Sony's Totoki takes CEO role, cementing leadership position

Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman and CEO Kenichiro Yoshida will remain as chairman, the entertainment and technology conglomerate said on Wednesday.

by: Mint

Budget 2025 Expectations Highlights: Taxpayers hope for income tax relief to boost money in hand, consumer demand

Taxpayers and India Inc. alike are hoping for income tax relief from Finance Minister Nirmala Sitharaman in Union Budget 2025 to boost money in hand and improve consumer demand, respectively.

by: MSN

Capricorn Daily Horoscope Today (Dec 22-Jan19), January 29, 2025: Your valour will increase!

Capricorn Money Horoscope Today You will succeed in connecting everyone through work and business. Commercial conditions will be effective. Profits will exceed expectations. You will remain effective in professional efforts.

by: Couriermail

Coles and Woolies unite to scrap penalty rates under new proposal

Penalty rates will be scrapped for some retail workers and rest time between shifts will be cut under a new proposal being pushed by Coles, Woolworths and other major retailers.

by: deseret

Some of Trump's more controversial picks will appear before Senate committees to make their case

Robert F. Kennedy Jr., Tulsi Gabbard and Kash Patel are expected to be grilled by senators during their confirmation hearings
Tue, January 28, 2025

by: Emirates247

UAE Ministry of Finance and CIPS partner to launch groundbreaking Diploma in Procurement and Supply

The Chartered Institute of Procurement and Supply (CIPS) has signed a Memorandum of Understanding (MoU) with The Ministry of Finance to launch the CIPS Practitioner Level Diploma in Procurement and Supply 2025,

by: LAist

Insurance and wildfires

by: Variety

Confluential Appoints Shaun Williams as Chief Financial Officer and Gerren Crochet as Executive Vice President (EXCLUSIVE)

Confluential Films has appointed Shaun Williams as chief financial officer and Gerren Crochet as executive vice president.

by: CNBC

Fairway Independent Mortgage review 2025

Fairway Independent Mortgage ranked well above average on J.D. Power's 2024 Mortgage Origination Satisfaction Study and has an A+ rating from the Better Business Bureau. It has more than 700 branches nationwide, spread across every state except Alaska and West Virginia.

by: ProPakistani

Finance Minister Hints at Easing Tax Burden on Salaried Class

Finance Minister Muhammad Aurangzeb Tuesday admitted the disproportionately high burden on Pakistan's salaried class and hinted at a revision of the

by: AOL

Finance expert Clark Howard says these are the people most likely burn a hole in their pocket

The cliche, "Be Careful What You Wish For" very likely came about as a result of people recounting their feast and famine stories, i.e. getting it all and then losing it. Time and time again, regardless of race,

by: techUK

Institutions of Innovation: British Business Bank

'Institutions of Innovation' is a series of monthly interviews with the institutions driving the UK's innovation policy. Each contribution gradually pieces together the UK's innovation landscape; setting out the key actors, what they do, where they sit and how industry can engage, including through techUK.

by: MyJoyOnline

Dr. Sharif Khalid appointed Presidential Adviser at the Office of the Vice-President

The newly appointed Economic Policy Adviser to the Office of the Vice-President, Dr. Sharif Mahmud Khalid, has expressed his gratitude to President John Dramani Mahama and Prof. Jane Naana Opoku-Agyemang, for the opportunity to serve in the administration.

by: MSN

UK's University of Surrey to set up offshore campus in Gujarat's GIFT City

The University of Surrey will open a campus in Gujarat's GIFT City in partnership with GUS Global Services. This move enhances access to British education in India, emphasizing business, finance, and computer science.

by: Oneindia

Digital Economy Focus: How Will Budget 2025 Shape India's Tech and Startup Ecosystem?

India's startup ecosystem, brimming with innovation, faces both incredible growth and formidable challenges. While over 140,000 ventures thrive across sectors like robotics, healthcare, and clean energy,

by: Forbes

Tips For Managing The Relationship Between Investors And Entrepreneurs

Both investors and entrepreneurs bring unique skills and experience to the table. Entrepreneurs often have industry-specific expertise that surpasses ours, while we provide broader perspectives from working with multiple companies. Mutual appreciation for these different strengths leads to better outcomes.

by: Forbes

Revolutionizing Business With AI And Automation: Key To Future Success

Businesses will maintain an edge in the digital market if they see AI and automation as opportunities for improvement rather than dangers to established practices.

by: AgWeb

How To Budget For Your Farm's Transition

Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown. Thankfully, it's easy to navigate with these steps.

by: MoneyWeek

What the government's defined benefit pension scheme raid means for you

The government wants to let companies use extra final salary scheme funds to boost the economy but there are risks involved. What does it mean for you if you have a defined benefit pension?

by: MSN

The Trouble With Tariffs: What You Think About Prices Matters to the Fed

A trade war that raises prices would be much more complicated for the central bank than it was during Trump's first term.

by: Forbes

The Importance Of Emotional Intelligence In Leadership

EQ-oriented leaders focus on supporting their team and approach leading with selflessness and humility, prioritizing the success of others over personal recognition.

by: AOL

Is Hims & Hers Health Stock a Buy?

For its most recently reported quarter (Q3 of 2024), Hims & Hers generated $401.6 million in revenue. That resulted in a free cash flow of $79.4 million, representing year-over-year revenue growth of 77% and free cash flow growth of 311.4%.

by: Reuters

British insurer Phoenix's Standard Life CEO to retire in 2025

British insurer Phoenix Group said on Tuesday that Andy Curran, the CEO of Standard Life, its pension & savings and retirement solutions business, will retire in the summer of 2025.

by: Indiatimes

Budget 2025 Expectations Live Updates: FM Sitharaman to bring income tax cheer for salaried taxpayers? GDP growth, record capex in focus

Finance Minister Nirmala Sitharaman's Union Budget 2025 speech on February 1, 2025 is being looked at to provi

by: MSN

Bizloan Sets Ambitious Growth Plans After Securing INR 35 Cr in Series A Funding

The round was led by the Michael & Susan Dell Foundation and BLinC Invest, with Resurgent India serving as an advisor.

by: AOL

1 Hard Truth Investors in eVTOL Stocks Joby and Archer Aviation Can't Ignore

EVTOL operators like Joby and Archer believe their primary advantage over traditional ride-sharing options like Uber and Lyft is speed. For example, these air taxis can replace car trips in traffic that might take 60-90 minutes with a 10-20 minute flight.

by: Reuters

MPS shares slide further as Mediobanca board meets to discuss bid

Shares in Monte dei Paschi fell further on Tuesday as the board of Mediobanca gathered to discuss a surprise bid by the smaller rival, the latest move in a series of takeover tussles rattling Italian banking.

by: rnz

Christopher Luxon hints National will campaign on asset sales in the 2026 election

The prime minister has ruled out selling off state houses, but said he is open to having a wider conversation with voters, while Labour says it's a "typical right-wing government playbook" move.

by: Kiplinger

How Much Fun Is Too Much Fun When You're in the Office?

Having a work-should-be-fun atmosphere sounds great — until someone gets smacked in the head by a basketball. What should companies consider about workplace safety?

by: Reuters

Euro zone banks tighten companies' access to credit, ECB survey shows

Euro zone banks tightened firms' access to credit last quarter and expect further tightening in the first three months of 2025, a European Central Bank survey showed on Tuesday, reinforcing the case for more interest rate cuts as the economy slows.

Insurer Chubb's profit rises on strong underwriting business, investment income

Insurance company Chubb posted a rise in fourth-quarter profit on Tuesday, helped by strong gains in its underwriting business and higher returns on its investments.

Chubb Ltd reported a significant increase in its fourth-quarter profit on January 28, 2025, driven by robust performance in its underwriting business and higher investment income. The global insurer's core operating income rose to $5.08 per share, surpassing the analysts' expectations of $4.98 per share. This growth was supported by a 10.5% increase in net premiums written, reaching $12.2 billion, and a 28.5% jump in net investment income to $1.49 billion, fueled by higher reinvestment rates and strong performance from its investment portfolio. Additionally, Chubb's combined ratio, which measures underwriting profitability, improved to 85.5% from 86.5% a year earlier, indicating better underwriting results. The company also announced a 5.8% increase in its quarterly dividend to $3.64 per share, reflecting confidence in its financial health and future earnings potential.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/insurer-chubbs-profit-rises-strong-underwriting-business-investment-income-2025-01-28/