Wed, February 12, 2025

by: WDSU

Inflation rises as consumer prices surge in January

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

by: manilatimes

Ascendis Pharma Reports Fourth Quarter and Full Year 2024 Financial Results

COPENHAGEN, Denmark, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced financial results for the fourth quarter and full year ended December 31, 2024, and provided a business update.

by: Forbes

The Life Insurance Industry Is Misbranded

Since its inception in the 1800s, the total value of U.S. life insurance has ballooned to over $21 trillion today. Life insurance grew quickly during its first 75 years, but growth slowed in the 20th century and flattened over the past decade.

by: AOL

Worried about a market bubble? Here are 4 tips to protect your portfolio now and in the future

Consider holding a portion of your portfolio in a highly liquid investment — like a money market fund — to be better positioned for future opportunities. Make sure you're taking care of the basics and consistently contributing to a workplace retirement plan like a 401 (k). Remember that slow and steady typically wins the investing race.

by: WTNH

What does having the Consumer Financial Protection Bureau on hold mean for consumers?

The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer

by: MSN

Cincinnati Financial Corporation (NASDAQ:CINF) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 11, 2025 Operator: Good morning, and welcome to the Cincinnati Financial Corporation Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in listen-only mode.

by: Diginomica

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024 Employee Experience is being pitched as a growth sweet spot for Freshworks as the CRM vendor ends its 2024 fiscal year on a strong beat with revenues up and losses down.

by: MSN

Compass Minerals International, Inc. (NYSE:CMP) Q1 2025 Earnings Call Transcript

Q1 2025 Earnings Call Transcript February 11, 2025 Operator: Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Compass Minerals First Quarter Fiscal 2025 Earnings Conference Call.

by: MSN

The latest merger & acquisition and fundraising news in Welsh business

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Forbes

How Payment Tech Can Help 5 Year-End Financial Pain Points

Here are five common pain points finance teams probably faced in closing out 2024—and how the right tools implemented today can make next year's close less stressful.

by: MyJoyOnline

UBA Ghana wins 3 awards from Global Business and Finance Magazine

UBA Ghana has been recognised with three top awards by the Global Business and Finance Magazine Awards. The Bank won Best Digital Bank Ghana 2025, Best ESG & Sustainability Bank Ghana 2025 and Bank of the Year - Corporate & Commercial Banking Ghana 2025

by: MSN

Super Micro stock surges after outlining ambitious 2026 targets, assuring investors it will avoid delisting

Super Micro Computer (SMCI) stock climbed as much as 12% in premarket trading on Wednesday after the tech company announced a positive update on its plans to avoid being delisted by the Nasdaq and outlined an ambitious new revenue goal for 2026.

by: TradeWinds

Wallenius Wilhelmsen boasts 'unique' backlog with room to run as trade-choking tariffs loom

Wallenius Wilhelmsen shares spent 2024 on a roller coaster, opening the year at NOK 90.50 ($8.04) before peaking as high as NOK 138.80 and ending the year at NOK 93.50.

by: MSN

The market is looking very positively at DOGE and Elon Musk, says Wharton's Jeremy Siegel

Jeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, state of the economy,

by: Reuters

Trump squeeze wins concessions - some real, others less so

U.S. President Donald Trump has thrust himself onto the world stage, issuing ultimatums to friend and foe alike and insisting they jump to the tune of American interests or else.

by: Reuters

Commerzbank plans job cuts, new targets to keep UniCredit away, sources say

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit , multiple people with direct knowledge of the plans told Reuters.

by: Tuko

APHRC Advertises Field Interviewer Jobs for Form 4 Leavers with KCSE C+, Other Positions

The African Population and Health Research Center (APHRC) has announced job openings for field interviewers, inviting applications from Form 4 leavers with KCSE C+.

by: Reuters

JPMorgan sees investment banking fees rising by mid-teens percentage in first quarter

JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter as clients' economic optimism grows, Chief Operating Officer Jennifer Piepszak said on Tuesday.

by: CNET

How to Track a Paper Tax Refund Check That's Coming in the Mail

Typically, a paper check will take three to eight weeks to arrive in your mailbox, but you can track exactly where your tax refund is and when you can expect to receive it with the USPS' tracking tool, Informed Delivery. The free service sends you alerts for all new mail and provides images of the front of envelopes.

by: Reuters

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

by: News24

SA will likely wait until 2026 to lower inflation target, investors and analysts say

South Africa will probably wait until next year to lower its inflation target, according to a Bloomberg survey of investors and analysts.

by: Newsroom

'Woke banks' row: Bank reveals $132m exposure to risky petrol stations

BNZ says it isn't completely banning lending to petrol stations, but maintains its rationale to limit exposure is commercial, not idealogical.
Tue, February 11, 2025

by: AOL

Super Micro stock drops ahead of business update

Hindenburg shut down in mid-January. Super Micro last year was granted an extension by the Nasdaq to submit its late filings by Feb. 25. The company has hired a new accountant, and the server maker said an independent review of its business found no evidence of misconduct.

by: Mint

New Income Tax Bill 2025 Highlights: New I-T bill to be tabled in Lok Sabha on Thursday; How will it impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week.

by: AOL

Investing in small businesses in 2025

Despite these benefits, many small businesses often lack funding to sustain and expand their operations, relying on local investors to get the capital they need to grow. Investing in small businesses offers potential returns,

by: cnbctv18

GST cuts likely, some rate slabs may even merge: Finance Minister

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, which is levied on items of daily use, may be the need of the hour.

by: Reuters

US consumer watchdog cases in limbo following agency's idling

The Trump administration's idling of the Consumer Financial Protection Bureau (CFPB) left in limbo significant cases the agency brought against companies and large financial firms in the waning days of President Joe Biden's time in office.

by: Forbes

How CFOs Can Predict The Unpredictable On Tariffs

Kyriba Chief Enablement Officer Bob Stark says paying close attention to the news, hedging foreign currency and detailed analysis of all possibilities can help.

by: Devex

As US aid falters, development finance trends to watch in 2025

From private capital mobilization, to MDBs, a key question in a year that features a pivotal Fourth International Conference on Financing for Development will be how to do more with less.

by: Tuko

Kenya National Police Service Commission Announces 149 Job Vacancies

The commission sought to recruit top managerial and support staff, urging qualified and candidates to submit applications on or before Friday, February 21, 2025.

by: Kiplinger

DuPont Stock Jumps After Sales, Earnings Top Expectations

DuPont stock is higher Tuesday after the materials giant beat expectations for its fourth quarter and reiterated plans for its upcoming spinoff.

by: Reuters

Goldman Sachs ends IPO diversity pledge

Goldman Sachs said on Tuesday it has ended a diversity, equity and inclusion pledge tied to the investment bank's initial public offering business.

by: Tuko

William Ruto's Cabinet Approves KSh 4.2 Trillion Budget Proposal for 2025/26 FY

The Kenyan Cabinet, chaired by President William Ruto, approved the KSh 4.2 trillion 2025/26 budget proposal and a KSh 344 billion supplementary budget.

by: Mint

New Income Tax Bill 2025 LIVE Updates: New I-T bill to be tabled in Lok Sabha this week; How it will impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week. It was approved by the Union Cabinet on February 7.

by: Reuters

Brazil's inflation slows in January but tightening cycle to continue

Brazil's inflation rate slowed in January from the previous month, data showed on Tuesday, but the 12-month rate was still above the upper end of the central bank's target range, keeping expectations intact for another rate rise next month.

by: Kiplinger

Is Coca-Cola Stock Still a Buy After Earnings?

Coca-Cola stock is higher Tuesday after Warren Buffett's favorite soft drink maker beat expectations for its fourth quarter. Here's what you need to know.

by: manilatimes

LM Funding America Announces January 2025 Production and Operational Update

TAMPA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended January 31, 2025.

by: MinnPost

With federal funds on the line, officials in Minneapolis and St. Paul are feeling the impact of Trump's presidency

Officials say they were caught off guard by the breadth of a January order — later blocked by a federal judge — intended to shut off grants.

by: Forbes

19 Key Factors To Consider When Building A Founding Team

When building your team, it's crucial to find individuals who not only bring unique skills but also share your passion and mission.

by: Yahoo

Business email compromise (BEC) scams rake in billions of dollars for fraudsters | Opinion

The FBI says real estate transactions are a prime target for BEC scams because of the amounts of money involved.

by: Forbes

How To Rekindle That Spark In High-Achieving Banking Professionals

A long, successful career—especially in banking—requires one to learn how to switch off mentally from work. Outlets such as bicycling, golf, reading, cooking or even binge-watching a favorite series aren't just indulgences; they provide essential mental escapes that replenish energy and creativity.

by: Forbes

LLC Tax Changes In 2025

It's 2025, and with it come major tax law changes for LLC owners. It's crucial to stay in compliance and understand the adjustments that have taken effect, as well as the rules you need to follow.

by: Reuters

Indian non-bank lender Shriram Finance eyes 20-fold growth in green portfolio, exec says

Indian non-bank lender Shriram Finance aims to boost its green portfolio 20-fold over the next three years as it diversifies its loan book, a top official said on Tuesday.

by: MSN

Kenya's Capital Markets Authority announces managerial jobs with Feb 25 deadline

The Capital Markets Authority (CMA) of Kenya has announced multiple managerial job openings, inviting qualified professionals to apply before the Feb 25 deadline.

by: MSN

The Latest Beauty Executive Moves at Glow Recipe, Kiko Milano, Shiseido and More

Anna Vorrias, most recently global general manager at Aerin Beauty, has joined Glow Recipe as senior vice president of brand. The 11-year-old skin care brand is best known for its Watermelon Glow franchise of products,

by: MSN

Cancer, Daily Horoscope Today, February 11, 2025: Business persons may see a boost in sales

Today promises recognition, success, and social admiration, enhancing your charisma. Business persons may see a boost in sales. Singles might meet new prospects, and committed relationships could strengthen.

by: MSN

Dramatic slump in confidence among London small business owners

Dramatic slump in confidence among London small business owners - Confidence in the capital seems to be falling faster than elsewhere in the UK says Novuna

by: Tuko

Africa Tech Summit 2025: Over 100 Big Brains in Tech-World Set to Speak in Nairobi

The 7th Africa Tech Summit Nairobi will bring together over 100 top speakers, including leaders from AWS, IBM, Binance, and the London Stock Exchange.

Bank of England to cut interest rates only twice more, NIESR predicts

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.

The National Institute of Economic and Social Research (NIESR) has forecasted that the Bank of England will reduce interest rates only twice more in the current cycle, predicting cuts in August and November, bringing the base rate down to 4.75% by the end of 2024. This cautious approach is due to persistent high inflation, particularly in services, which remains above the Bank's 2% target. Despite expectations of inflation dropping to around 2% in the second quarter, NIESR warns that inflation could rebound to 3% by year-end due to rising energy prices. The think tank also anticipates a slight economic growth of 0.4% for the year, with a risk of recession if rates are not adjusted appropriately. Additionally, NIESR suggests that the Bank should consider the impact of its policies on the housing market and overall economic stability, advocating for a more dovish stance to prevent economic downturn.

Read the Full MSN Article at:
https://www.msn.com/en-gb/money/economy/bank-of-england-to-cut-interest-rates-only-twice-more-niesr-predicts/ar-AA1yR8q5