Sun, February 9, 2025

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year

DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.

by: Mint

India vs England 2nd ODI LIVE SCORE: Rohit Sharma roars back to form with 100, India win by 4 wickets to seal series

Riding on Rohit Sharma's 119, India chased down England's 304 with 33 balls to spare and four wickets in hand. India thus win the three-match series with a game to spare. It was Gautam Gambhir's first ODI series win as a head coach.

by: AOL

What economic leaders said about the future of AI in the workforce at Davos

Economic leaders had a lot to say about the future of artificial intelligence in the workforce — and the perspectives vary.

by: AOL

Conservative activist Robby Starbuck says JPMorgan a 'target' in crusade against corporate DEI policies

Anti-DEI activist Robby Starbuck laid out his strategy for targeting companies and getting them to shift on diversity initiatives.

by: NDTV

PM Narendra Modi To Share Exam Tips With Over 5 Crore Participants Tomorrow

The eighth edition of Pariksha Pe Charcha will be held on February 10, 2025, at Bharat Mandapam, Pragati Maidan, New Delhi.

by: Forbes

Why Do We Avoid The Things That Matter Most? Greg McKeown And An "Essentialist" Approach To Personal Finance

What is "inverse prioritization" and how do we counter the forces that seek to undermine our best intentions—personally and financially?

by: WRVO

Russell Vought takes the helm at CFPB, orders pause in agency activities

by: cnbctv18

RBI repo rate cut: These banks may benefit the most and why

Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the most. Here's how

by: AOL

Trump tariffs rip right through C-suites and financial models

GM produces highly profitable pickup trucks in Mexico and relies on plants there to make EVs such as the Chevy Blazer and Cadillac Optiq. It has five large assembly plants in Canada and Mexico. Ford ( F) manufactures 12% of its products in the two countries.

by: Forbes

Lutnick Says EU ESG Regulations Will Harm U.S. Energy Producers

Commerce Secretary Howard Lutnick promises to use all the tools at his disposal to address concerns about new ESG regulations imposed by the EU on U.S. businesses.

by: MSN

Weekly Money Horoscope February 09 to February 15, 2025: Stay cautious about financial risks and manage expenses prudently

Most zodiac signs will see financial improvements or prospects stabilizing this week through diligent efforts and focus on saving. However, some may need to be cautious about financial risks and manage expenses prudently to avoid potential losses.

by: MSN

Raging Bull Awards: celebrating South Africa's investment excellence

Raging Bull Awards ceremony, the "Oscars" of the investment industry, takes place on Monday, February 17, at the Cape Town International Convention Centre.

by: Forbes

Nine Guiding Principles For A U.S. Sovereign Wealth Fund

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, funded, and managed.

by: MSN

Lebanon's PM packs cabinet with heavy hitters from business and finance world

Lebanon's Prime Minister Nawaf Salam formed a government on Saturday, ending more than two-and-a-half years of caretaker leadership. The formation of a new government is a crucial step for the country before the expiry of a ceasefire agreement with Israel on February 18.

by: MSN

Meet Ivica Papes: A CEO That Epitomizes the Entrepreneurial Spirit Through Strong Team Building

In the dynamic and often turbulent landscape of the modern business world, certain leaders stand out not just for thei

by: MSN

New Income Tax Bill to be concise with nearly 30 percent fewer sections, says report

The Bill has received the Cabinet nod and will perhaps be referred to the standing committee on finance after being presented in the Parliament

by: MSN

Intel and Pfizer in Ireland show business is about more than Trump trade wars

The UK Chancellor's messaging at Davos recalled former Taoiseach Enda Kenny's efforts to extol the recovery of the Irish economy while in the Swiss Alps

by: Dawn

Targeting The Net Zero Equation

The private sector has a crucial role to play in embedding resilience, but it cannot do much without support from other sectors.

by: AOL

What happened to Nissan? And what happens next if a Honda merger is truly dead?

Japanese automaker Nissan finds itself at a crossroads. While Nissan potentially scrambles for a new dance partner, the question remains how Nissan arrived at the position it finds itself in now.

by: MSN

Midstate businesses boom ahead of winter storm, big game

Businesses across the Midstate are booming as many prepared for more wintry weather Saturday and the big game on Sunday. "Business has been steady," said Phil Shearer, the General Manager of Ritters True Value in Mechanicsburg.

by: MSN

'Devastating and unexpected': 400+ let go as GM ends business with Jack Cooper

Nearly 100 years in business will soon end as Jack Cooper has let more than 400 employees in the Kansas City metro know that they no longer have jobs.

by: MSN

Coinbase stock forecast: are COIN and CONY buys into earnings

Coinbase stock price will be in the spotlight next week as the blue-chip crypto exchange publishes its fourth quarter earnings that will cap its best year on record. COIN has remained in a tight range this year as Bitcoin and most altcoins retreated.
Sat, February 8, 2025

by: Yahoo

Released Thai hostages return to Bangkok after being held for over a year in Gaza

Five Thai workers released after being held hostage for over a year in Gaza arrived in Bangkok on Sunday. During an earlier ceasefire in November 2023, 23 Thai nationals were released in a deal negotiated between Thailand and Hamas,

by: Forbes

Smart Financial Decisions Made Simple

The best interest rates on CDs—certificates of deposit—pay up to 5.02% today, based on certificate term lengths. Here's an overview of how CD rates are changing, followed by a guide to the ...

by: AOL

Challenges to Illinois' pending interchange law continue to play out in court

Illinois' controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card holder's bank from charging or receiving interchange fees on portions of transactions,

by: businessday

Top 5 African countries at risk of losing the most skilled professionals

A large number of skilled professionals in Africa are set to experience significant changes in their core skills over the next five

by: Forbes

CFPB's X Account Goes Dark As Russell Vought Takes Over, Elon Musk Posts 'CFPB RIP'

The Consumer Financial Protection Bureau's X account appears to have gone offline after new acting director Russell Vought took over Friday, a dismal sign for the bureau that has been targeted by Trump and tech billionaires including Mark Zuckerberg and Elon Musk,

by: Kiplinger

Ten IRS Audit Red Flags for Self-Employed Individuals

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances of drawing unwanted attention from the IRS.

by: Reuters

Uber shares jump to three-month high after Bill Ackman builds $2 billion stake

Shares of Uber Technologies jumped to a three-month high on Friday after billionaire hedge fund manager Bill Ackman announced that he had taken a stake worth about $2.3 billion in the ride-sharing platform.

by: MSN

E.l.f. Beauty's Profit Plunge and Weak Sales Outlook Drive Guidance Cut

E.l.f. Beauty lowered its full-year guidance after reporting a 36% profit drop and weaker-than-expected January sales. The cosmetics company reported higher-than-expected revenue but slightly missed earnings per share projections.

by: MSN

New Income Tax Bill cleared by Cabinet: What is the New Income Tax Bill & why is it being introduced? Explained

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer language and concise sentences,

by: MSN

How Maryland's oldest HBCU got its start

Bowie State University, Maryland's oldest Historically Black College and University, got its start in Baltimore. The school as it's known today was founded in 1865 in the basement of a church at Saratoga and Calvert streets.

by: TechCrunch

European AI startups raised $8B in 2024

France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They'll

by: Reuters

US drillers add oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes said in its closely followed report on Friday.

by: Reuters

TB, malaria, newborn health services must restart, says USAID memo

American-funded aid efforts to tackle diseases such as malaria, as well as preventing newborn baby deaths and treating severe malnutrition, should resume, according to a memo from the United States government reviewed by Reuters.

by: AOL

Team Trump's fight to convince Wall Street that Musk's DOGE is good for markets

Top Trump officials fanned out this past week to talk to markets about the upside of Elon Musk's activities as questions mounted about his team's access to a sensitive payments system.

by: MSN

Let's talk business: Residential real estate recap for 2024, CSU Pueblo shares big news

Let's talk business in Pueblo with the 2024 residential real estate recap, CSU Pueblo hits milestones, landlord meeting, grants, awards and more.

by: MSN

Strattec Security Corporation (NASDAQ:STRT) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call Transcript February 7, 2025 Operator: Greetings, and welcome to the Strattec Security Corporation's Second Quarter Fiscal Year 2025 Financial Results. At this time, all participants are in listen-only mode.

by: TechCrunch

Pinterest lists DEI attacks as possible business risk in latest filing

Pinterest listed the latest attacks on diversity, equity, and inclusion as a possible business risk in its latest 10-K filing. The company wrote in

by: MSN

How crypto convert Trump may create regulatory framework for 'digitized' stocks and bonds

President Trump is such a crypto convert that Wall Street executives believe he is poised to create a regulatory framework for "digitized" stocks and bonds that could be traded over the blockchain, On The Money has learned.

by: Forbes

Trump Shields Disinformation And Censors Health Data. It Will Affect You

Health and Human Services websites and their health data are critical public resources and must remain free from political interference.

by: Kiplinger

Where to Retire: Living in the Dominican Republic

Living in the Dominican Republic offers ex-pats a warm, sunny and affordable retirement. Should you make the move, too?

by: Forbes

Tech Guardrails: Combating Rising Defaults In E&S Insurance

Applying the use of technology can greatly improve efficiency for carriers and MGAs in making better decisions while creating outstanding value for the client.

by: MSN

Lynchburg finance committee chair's proposal stirs controversy

The Lynchburg City Council's new finance committee chair is proposing changes to the committee's guidelines that have sparked controversy among city officials.

by: techUK

AI Action Summit: Day 1

techUK is thrilled to commence the AI Action Summit events in Paris, with our first day proving to be full of productive international dialogue and collaboration around AI governance and innovation.

by: MSN

Business Lookahead: Trump's tariff flip flops

From fast-changing tariff decisions, to one market that has had a fast start to 2025, these are the stories to watch in business and finance in the coming week. Olivia Zollino reports.

by: MSN

The Week That Was: February 7, 2025

Karl and Cheryl Gorman highlight love, community, and faith as the core of their family life in San Diego. A search is underway for the Bering Air Caravan flight, heading from Unalakleet to Nome, which was reported overdue on Thursday, Feb. 6 CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

The Digital Lending Revolution: How Young Entrepreneurs Are Redefining Business Finance

In a time when loans are an entrepreneur's best bet to secure financing for their business, less and less are looking for traditional loans. Not only are they time-consuming, but access to capital is also slowed by the lengthy loan approval times.

The article from MSN Money discusses the transformative impact of digital lending on business finance, particularly highlighting how young entrepreneurs are leveraging this technology to redefine traditional lending practices. It explains that digital lending platforms offer quicker, more accessible, and often less costly financing options compared to conventional banks. These platforms use advanced algorithms and data analytics to assess creditworthiness, enabling them to provide loans to small businesses and startups that might not qualify for traditional bank loans. The piece also touches on the benefits like reduced paperwork, faster approval times, and the ability to cater to niche markets or underserved regions. Furthermore, it notes the rise of peer-to-peer lending, crowdfunding, and blockchain-based lending as part of this revolution, which not only democratizes access to capital but also fosters innovation in financial services. However, it also warns about the risks involved, such as higher interest rates for some borrowers and the potential for less regulatory oversight compared to traditional financial institutions.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/technology/the-digital-lending-revolution-how-young-entrepreneurs-are-redefining-business-finance/ar-AA1yFyKU