Thu, January 30, 2025

by: Investopedia

S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries

The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.

by: AOL

6 ways for seniors and retirees to save on homeowners insurance

The average cost of a homeowners policy has risen more than 30% since 2020. Despite rising costs, you can still find ways to save, especially for seniors. See money-saving tips to save you money on yo

by: decrypt

Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance

The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market. This includes enhancing marketing efforts, which will further position Elastos as a leader in the growing Bitcoin-native DeFi space.

by: Forbes

SuperOps Raises $25 Million For Expansion Into New Markets

US start-up SuperOps has picked up $55 million of funding over its first five years and is now looking to move beyond the MSP market to serve IT departments directly

by: cnbctv18

Budget 2025 Expectations LIVE: Key figures to track for India's economic trajectory

Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, 2025, which plays a crucial role in shaping India's economic future. The Budget serves as a strategic tool for resource allocation,

by: Oneindia

Union Budget 2025: Petrol And Diesel To Come Under GST?

Petrol and diesel are exempt from the Goods and Services Tax (GST) and are instead subject to a mixture of Value Added Tax (VAT), central excise duty, and central sales tax, which are imposed at varying rates by individual states.

by: cnbctv18

RBI files application for insolvency proceedings against Aviom India Housing Finance

On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting various payment obligations.

by: MSN

Trump Media expands into fintech, launching Truth.Fi brand

This story incorporates reporting from Business Insider, Yahoo Finance, Finbold | Finance in Bold and Bloomberg L.P..Trump Media & Technology Group (TMTG) has announced its entry into the financial technology sector with the launch of a new brand,

by: Forbes

10 Technology And Business Trends That May Revolutionize Finance In 2025

I recommend corporate executives, startup founders and investors understand each trend and how to capitalize on it to attract more customers and grow their businesses.

by: NDTV

Experts On How Budget Can Empower Businesses And Consumers

Giving an overview of the retail sector, Mr Parekh said that it has witnessed robust growth, and is projected to rise from $779 billion in 2019 to $1.8 trillion by 2030.

by: MSN

EU Commission aims to simplify its way to future growth

The European Commission has presented its new economic strategy for the coming years. Simplification features prominently in a package of proposals that is sorely lacking in novelty. View on euronews

by: cnbctv18

Digital payments rise 11% on year in September 2024: RBI data

DPI, introduced in March 2018, tracks the extent of digital payment adoption, using March 2018 as the base year set at 100.

by: Oneindia

Union Budget 2025: Will Stock Markets Remain Open On Feb 1? Know Whether You Can Do Trading On Saturday

While the stock markets work from Monday to Friday, this Saturday it functions like a normal day in view of budget 2025, which will be presented by Finance Minister Nirmala Sitharaman.

by: Couriermail

Millers and Noni B close as last of Mosaic Brands shuts down

Almost 3000 employees of a string of iconic Australian fashion labels will lose their job after the pin was pulled on the final retailers in the collapsed Mosaic Brands stable.

by: MSN

Planes and trains are great, but Reeves must fix financial infrastructure too

New rail projects and reservoirs are welcome, but if Rachel Reeves really wants Britain to be a better place to do business, she must modernise the City too, says Chris Elms In her speech yesterday ,

by: Reuters

Bank of England readies rate cut and could hint at more to come

The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.

by: Reuters

Finland's Nordea Bank Q4 posts operating earnings slightly above estimates

Finnish lender Nordea Bank reported fourth-quarter operating earnings slightly above estimates on Thursday and said the Nordic mortgage and corporate lending markets remained slow amid declining interest rates and an improving housing market.

by: Reuters

Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target

Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Wed, January 29, 2025

by: Indiatimes

Budget 2025 Expectations Live Updates: Income tax slabs to be revised? FM Sitharaman may push consumption growth, record capex

We also expect the budget to introduce policies incentivizing energy-efficient practices among companies. This will not only transform India's energy landscape but also contribute significantly towards achieving the country's net-zero goals and climate targets,

by: cnbctv18

Budget 2025 expectations highlights: Tackling India's 'four balance sheet' challenge for economic stability

The Finance Minister will table the Economic Survey on Friday (January 31) when Lok Sabha and Rajya Sabha will convene briefly after the President's address.

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: 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: 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: 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: 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

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: 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

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: Reuters

Mediobanca rejects Monte dei Paschi bid as lacking rationale

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale.

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: MSN

Dynex Capital, Inc. (NYSE:DX) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript January 27, 2025 Dynex Capital, Inc. misses on earnings expectations. Reported EPS is $0.1 EPS, expectations were $0.38. Operator: Thank you for standing by, and welcome to The Dynex Capital Fourth Quarter and Full Year 2024 Results Conference Call.

by: MSN

The Corporate DEI Divide: From Target To Disney, Here Are The Companies Scaling Back And The Ones Doubling Down

Diversity, equity, and inclusion (DEI) is like the studio album, "The Miseducation of Lauryn Hill" — critically acclaimed by some, misunderstood by others, and a constant source of debate. Whether celebrated or criticized,

by: Reuters

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.

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.

The article from News.com.au discusses the grim reality of recovering money lost to scams in Australia. According to the Australian Competition and Consumer Commission (ACCC), the likelihood of getting your money back after falling victim to a scam is extremely low. The ACCC's Scamwatch reported that in 2022, Australians lost over $569 million to scams, with recovery rates being dire. Only a small fraction of the funds lost to scams are ever returned, with banks and financial institutions often not liable for reimbursing victims unless negligence on their part can be proven. The article highlights the challenges victims face, including the sophistication of scams, the difficulty in tracing funds, and the lack of legal recourse, painting a bleak picture for those hoping to reclaim their losses.

Read the Full Couriermail Article at:
https://www.news.com.au/finance/money/costs/the-chance-of-you-getting-your-money-back-if-youre-scammed-has-been-revealed-and-its-dire/news-story/9002573d72d64a5acd12ac07e84ad0c2