• Wed, January 29, 2025

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: 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: 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: 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

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: 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: 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: AOL

Trump crypto coins a sign of 'speculative frenzy' in markets, famed short seller says

Carson Block, founder and chief investment officer of Muddy Waters Capital, said he "wouldn't touch" the coins.

by: clinicaltrialsarena

RFK Jr. denies being anti-vaccine during intense Senate confirmation

The potential secretary for Health and Human Services has been forced to defend his previous anti-vaccine stances at his senate hearing.

by: Investopedia

Your Tax Filing Could Be Free if Musk's DOGE Commission Gets Its Way

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

by: Forbes

Why CEOs Must Actively Prevent An Echo Chamber At The Top

Leaders must avoid echo chambers and groupthink by promoting an environment where diverse viewpoints and healthy debate are encouraged.

by: UPI

RFK Jr. denies anti-vaccine stance in confirmation hearing

Robert F. Kennedy Jr. is appearing before the Senate Committee on Finance on Wednesday as he seeks confirmation to lead the Department of Health and Human Services.

by: Reuters

Japan to cooperate with Bessent on forex, other issues

Japanese Finance Minister Katsunobu Kato and U.S. Treasury secretary Scott Bessent will cooperate on issues including forex, Kato said on Wednesday, following a video conference call between the two officials.

by: Forbes

EU To Host 'Simplification Roundtable' On Reducing 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

Russia oil sanctions create different winners at different times

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.

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: 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

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: 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: Reuters

Global CEO departures hit record high in 2024 amid investor pressure

Chief executives of global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory firm Russell Reynolds Associates.

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: MSN

Sagittarius Daily Horoscope Today (Nov 22 - Dec 21), January 30, 2025: Maintain humility!

Sagittarius Money Horoscope Today You will advance in financial management, especially in ancestral matters. Your material wealth and comforts will increase. Your interest in banking will grow. Sagittarius Career Horoscope Today New experiments will be encouraged.

by: MSN

Trump Media Announces New Push Into Finance to Support the 'Patriot Economy'

The operator of the social-media platform Truth Social and video-streaming platform will add financial services and fintech brand Truth.Fi to its portfolio.

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 climate protesters challenge jail sentences in landmark appeals

More than a dozen British climate activists challenged their sentences on Wednesday, arguing their jail terms of up to five years failed to reflect their conscientious motivation for direct action protests.

by: Reuters

Trump Media launches FinTech services brand amid crypto boom

Truth Social parent Trump Media and Technology Group said on Wednesday its board of directors has approved the launch of a financial services and FinTech brand Truth.Fi, sending shares of the firm up over 11% in early trading.

by: MSN

46 mn seized from FedEx in 'worker reservoir' probe

Italian police on Wednesday seized 46 million euros from the Italian unit of US transportation, e-commerce, and business service giant Fedex in a probe into alleged tax fraud involving so-called 'reservoirs pf workers' who were allegedly employed without benefits.

by: MSN

'You frighten people': Top 5 most memorable moments from Wednesday's Trump nominee hearings

by: Reuters

Trump Media launches FinTech services brand

Truth Social parent Trump Media and Technology Group said on Wednesday its board of directors has approved the launch of a financial services and FinTech brand Truth.Fi.

by: Reuters

MSCI's fourth-quarter profit declines on higher expenses

MSCI reported a 24.3% fall in fourth-quarter profit on Wednesday, hurt by higher costs and tougher comparisons to a year earlier, when the index provider had recorded a $143 million one-time gain.

by: MSN

WSJ Crossword January 30 2025 Answers (1/30/25)

Our WSJ Crossword January 30, 2025 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: Reuters

India's Bajaj Finance posts Q3 profit rise on strong loan growth

India's Bajaj Finance posted a rise in third-quarter profit on Wednesday, helped by strong loan growth during the holiday season.

by: MSN

'Can your private bank do this?': Fintech firms target Singapore's wealthy with feature-rich apps

McKinsey estimates high and ultra-high-net-worth individuals in Asia-Pacific own $21.7 trillion in assets.

by: Reuters

British trade minister to visit India to negotiate trade deal

Britain's Business and Trade Secretary Jonathan Reynolds will soon visit India to restart talks on a trade deal, finance minister Rachel Reeves said on Wednesday.

by: MSN

Despite Trump's Federal RTO Smackdown, Companies Prefer No- Drama Pragmatism

by: MSN

Sony Names Hideaki Nishino as CEO of SIE Amid Leadership Changes

Hideaki Nishino has been promoted to CEO and president of Sony Interactive Entertainment, with Hermen Hulst retaining his position as CEO of the Studio Business Group. Nishino's new role as the sole CEO of SIE will come into effect from April 1,

by: Reuters

HSBC's global brand in the balance as it doubles down on Asia bet

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese officials that he spoke for all UK businesses present in hoping for stronger economic ties.

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: MSN

A look back at a record-breaking iFX EXPO Dubai 2025

On the 14th of January, iFX EXPO Dubai 2025, MENA's #1 online trading industry event, kicked-off its remarkable 2+ days of FX & Fintech showcases. Global industry leaders gathered to build lasting relationships,

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: MSN

Budget Expectations: What can families expect in Finance Minister's 'bahi khata' this year?

As the countdown begins to the presentation of Union Budget in Parliament, various segments of the society are once again talking about their wishlists. Zee Business reached out to an average middle-class family to learn about their hopes from the upcoming Union Budget.

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

NextEra Energy Partners, LP (NYSE:NEP) Q4 2024 Earnings Call Transcript

Good day, and welcome to the XPLR Infrastructure Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] […]

by: MSN

EU points way to competitive future to catch U.S, China rivals

The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.

by: MSN

UK finance minister backs expansion of London's Heathrow Airport to boost struggling economy

In a major growth speech in Oxfordshire, Reeves said that a third runway at London's Heathrow Airport was "badly needed," adding it would boost investment, support economic expans

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), January 29, 2025: Personality will be refined!

Taurus Money Horoscope Today Career and business will remain profitable. Economic matters will improve. You will show agility, and business will prosper. Attractive opportunities will come your way. Taurus Career Horoscope Today You will seek advice and support from professionals and experienced individuals.

by: MSN

Bill would refund WA businesses for covering child care costs

New legislation in Olympia aims to ease the burden of child-care costs for Washington families by allowing businesses to help their employees pay for it. Under House Bill 1564, businesses could reduce the amount they spend on business and occupation taxes by the amount they pay for child-care assistance to workers.

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.
Norway's sovereign wealth fund, the world's largest, reported a record profit of 2.22 trillion Norwegian crowns ($213 billion) for 2023, driven by a significant tech sector boom. The fund, which invests Norway's oil and gas revenues abroad, saw its value increase by 16% over the year, with technology stocks like Microsoft, Apple, NVIDIA, Meta, and Alphabet contributing significantly to the gains. Despite global economic challenges, the fund's equity investments returned 21.3%, while fixed income investments saw a 6.1% return. However, the fund experienced losses in its unlisted real estate and renewable energy infrastructure sectors. The fund's CEO, Nicolai Tangen, highlighted the importance of technology investments in driving these exceptional results, although he also noted the volatile nature of financial markets.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/norway-wealth-fund-posts-record-222-bln-annual-profit-tech-boom-2025-01-29/

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