Wed, March 5, 2025

by: Forbes

Trump Speech To Congress Renews Call For No Tax On Tips

Trump speech to Congress doubles down on his desire for no tax on tips as well as no tax on overtime pay for American workers

by: Reuters

Dollar Tree appoints former Tyson executive as CFO

(Reuters) -Dollar Tree on Wednesday named former Tyson Foods executive Stewart Glendinning as chief financial officer amid new CEO Michael Creedon's efforts to accelerate a revamp at the company struggling with weak demand and intense competition.

by: manilatimes

Prenetics Announces Fourth Quarter and Full Year 2024 Financial Results, Provides 2025 Guidance

CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a leading health sciences company, today announced its preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, along with recent business updates.

by: MarketWatch

Say hello to the 10% savings account - and 9 more of the highest APY savings accounts in March 2025

The absolute highest deposit yields tend to come from online banks and smaller institutions like credit unions (which may have membership requirements) - and you may have to jum

by: business

Treasury bill rate decline: Macroeconomic and fiscal implications

Ghana's short-term interest rates have experienced a historic decline in the early weeks of President John Mahama's administration, marking a significant shift in the country's financial landscape. Within the first 50 days of his leadership,

by: Politico

Trump's go-it-alone vision for America

In his first speech to a joint session of Congress since his return to the presidency, Donald Trump didn't talk much about the elephants in the room - his fellow Republicans.

by: Kiplinger

10 Ways to Refine Your Financial Plan for a More Secure Future

Significant benefits throughout the rest of the year can be had if you take some time now to revisit your financial plan and adjust accordingly.

by: Impacts

Unmasking Cryptocurrency Trading Schemes: The Rise of Lead Funnels, Redirects, and Fake Investment Schemes in the Digital Age.

Cryptocurrency trading has revolutionized the financial landscape, offering unprecedented opportunities for investors worldwide. However, this digital frontier has also become a fertile ground for sophisticated scams that exploit technological advancements and human psychology.

by: CNET

Did You Receive a 1099-K? Make Sure You Don't Make This Costly Mistake

Because of the way IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send you a refund for the difference. If you report too much income, the IRS simply assumes that you were paid for some work in some other way, such as by cash or check, rather than an electronic payment processor.

by: GlobalData

China, Canada retaliate against US tariffs

China and Canada are hitting back against US tariffs on their imports that came into force today (4 March). In a statement yesterday (3 March), China's Ministry of Finance said it would bring in "additional tariffs" on a selection of US imports, with tariffs of both 15% and 10% being applied.

by: Fortune

RGA and Equitable pen $32 billion reinsurance deal expected to boost future earnings as Wall Street issues hold ratings

Two Fortune500 companies have announced a reinsurance agreement for $32 billion worth of policies, with RGA adding it expects to add millions to operating income as a results.

by: IPPMEDIA

Executives, business leaders to meet in Dar for women's rights, empowerment

by: Zawya

PIF and SACE sign MoU for up to $3bln to promote Italian companies' engagement in Saudi Arabia

The MoU focuses on providing financing support for cooperation between Italian companies in the private sector and PIF and its portfolio companies

by: MSN

Kenya's private sector growth holds steady in February, outlook dim

Kenya's private sector held steady in February, expanding at a similar pace to the previous month, a survey showed on Wednesday. The Stanbic Bank Kenya Purchasing Managers' Index (PMI) rose to 50.6 in February from 50.

by: IPPMEDIA

Banks, finance, investments counters spur DSE indices movement on month's opening

by: Reuters

UK aims to speed up defence contracts, finance minister says

British finance minister Rachel Reeves said she would speed up defence procurement, after the UK announced an increase in military spending last week in response to U.S. President Donald Trump's call for Europe to do more to protect itself.

by: richest

Elon Musk fails in bid to block OpenAI becoming a for-profit business

A US judge has denied Elon Musk's request to prevent OpenAI from becoming a for-profit business amid his feud with Sam Altman.

by: Mint

How Sebi's serial crackdown crimped F&O volumes and crashed broking-firm stocks

A series of new regulations introduced since July 2024 have shrunk the Indian derivatives market, causing the stocks of companies such as Motilal Oswal, IIFL Capital, and Angel One to plummet up to 60%.

by: Investopedia

Kash Patel Net Worth: Here's How Trump's FBI Director Made His Money

Newly appointed FBI director Kash Patel has built his wealth from his consulting business, book royalties, speaking engagements, and more. Here's how Patel made his millions.

by: Tuko

How to Determine Financial Stability of SACCOs in Kenya: Factors to Consider Before Joining

When considering joining a SACCO in Kenya, assess its financial stability to ensure your investment is secure. Key factors to evaluate include its capital base.

by: MSN

Ocular Therapeutix, Inc. (NASDAQ:OCUL) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript March 3, 2025 Ocular Therapeutix, Inc. misses on earnings expectations. Reported EPS is $-0.29 EPS, expectations were $-0.24. Operator: Good morning, and welcome to the Ocular Therapeutix Fourth Quarter 2024 Earnings Conference Call.

by: CNN

Fact-checking Trump's address to Congress

President Donald Trump made numerous false claims in his Tuesday speech to a joint session of Congress. The falsehoods spanned a variety of topics, including the Department of Government Efficiency, inflation and immigration.

by: ThePrint

Stock market opens in green despite Trump's reciprocal tariffs announcement from April 2

Indian stock markets opened in the green on Wednesday, despite US President announcing reciprocal tariffs from April 2 on Tuesday (Local Time). Companies across Japan to Mexico braced for higher prices,
Tue, March 4, 2025

by: BBC

Zelensky ready to work under Trump's 'strong leadership' after 'regrettable' showdown

The Ukrainian president says last week's fiery Oval Office meeting "did not go the way it was supposed to", adding Kyiv is ready to sign a minerals deal.

by: Moneyweb

Budget 2025: 'There's no agreement yet' - Steenhuisen

With a week to go before Finance Minister Enoch Godongwana finally tables a reworked 2025 National Budget next Wednesday, Democratic Alliance (DA) leader John Steenhuisen has insisted there is no agreement yet on the budget between the main government of national unity (GNU) partners.

by: Investopedia

Medicare Advantage vs. Original Medicare: Which Should You Trust Your Health To?

Original Medicare and Medicare Advantage are two different ways to get health care coverage in retirement. Here's how to decide which is right for you.

by: Fortune

Elon Musk is 'the investor of our age' and won't be distracted by DOGE, Tesla bull Cathie Wood says

Ark Invest's flagship product has lagged well behind the S&P 500 in recent years, and shares of the EV maker have plunged 28% this year.

by: CNN

Lutnick: US could announce trade deal Wednesday with Mexico and Canada after imposing tariffs

US Commerce Secretary Howard Lutnick said that President Donald Trump could announce a trade deal with Mexico and Canada as soon as tomorrow, just one day after the US imposed punishing tariffs on the two nations and sparked retaliatory levies.

by: Variety

Behind the 'Sickening' Collapse of Technicolor and Why Its Failure Is Sending Shockwaves Through the VFX Industry

Behind the "sickening" collapse of Technicolor and why its failure is sending shockwaves through the VFX industry

by: CNET

Tariffs Explained: What They Mean for You as Canada-Mexico Duties Take Effect

Major US tariffs against Canada and Mexico have now taken effect, kickstarting retaliatory measures and escalating fears of a widespread trade war.

by: Fortune

Target CEO joins swarm of Fortune 500 executives warning of bigger bills as Trump's tariff fallout hits the grocery aisle

Target shoppers can expect to see price increases on produce "over the next couple of days," boss Brian Cornell said on Tuesday.

by: Newspoint

Retirement: Have you reached 45 years of age and still not done any retirement planning? Try this method..

Even if your age is around 45, you can easily accumulate a fund of crores by the age of 60. However, for this, you may need to work a little harder and be economical. Here know the way by which you can accumulate more than Rs 1.

by: MarketWatch

This bank is offering a $10K sign-up bonus - and 9 more of the biggest bank bonuses in March 2025

Learn more Sign-up bonuses for bank accounts can be quite alluring — after all, most of us would love free money in exchange for a simple deposit. But that doesn't mean all sign-up bonuses are created equal.

by: timesnownews

University of East Anglia Launches BSc in International Finance

The University of East Anglia, UK, has introduced a one-year BSc (Hons) International Finance program for international students, starting September 2025. The course emphasizes global finance skills,

by: Kiplinger

Stock Market Today: Dow Drops 670 Points on Trade War Effect

A prodigious rally by the battered leader of the AI revolution typified an increasingly volatile picture for investors, traders and speculators.

by: Kiplinger

Tax Implications of the Social Security Fairness Act: Are You Prepared?

If your combined income is under $25,000 (single) or $32,000 (joint filing), there is no tax on your Social Security benefits. The Medicare Income-Related Monthly Adjustment Amount (IRMAA) is an amount you may pay in addition to your Part B or Part D premium if your income is above a certain level.

by: Reuters

Goldman Sachs may cut more than 1,300 employees in annual review, source says

Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be identified discussing personnel matters.

by: Indiatimes

Breaking News Live Updates: Trump's new tariffs on Mexico and Canada take effect; China retaliates with higher taxes

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the International Monetary Fund to continue with a $2.9 billion program from the international lender, an IMF official said on Tuesday.

by: AOL

Nearly half of company leaders say they plan to stick with their DEI policies despite the Trump-fueled backlash

"Despite the increased scrutiny, many companies seem to be taking a measured approach, rather than rushing to end or scale back IE&D efforts," says Conley Daves. "It makes sense not to make extensive changes to efforts and initiatives that have helped to build a strong company culture."

by: Wired

People Are Paying Millions to Dine With Donald Trump at Mar-a-Lago

Business leaders are paying as much as $5,000,000 to meet one-on-one with the president at his Florida compound, sources tell WIRED, while others are paying $1,000,000 apiece to dine with him in a group setting.

by: Forbes

20 Essential Skills For Financial Leaders To Thrive In 2025

In 2025, the most important trait for a financial leader is the ability to embrace change with vision and resilience.

by: MSN

4 Securities and Exchanges Stocks to Watch With Increased Volatility

A compelling and diversified product portfolio helps drive revenues of the Zacks Securities and Exchanges industry players. A rise in trading volumes, product expansion through prudent acquisitions and the increased adoption of a greater number of crypto assets are expected to benefit Intercontinental Exchange ICE,

by: manilatimes

Accelerate AI-Native, Amplify Success: Huawei Cloud Unveiled New Cloud Services and Solutions at MWC 2025

The Huawei Cloud Summit, with the theme 'Accelerate Intelligence, Amplify Success', concluded in Barcelona on March 2nd. Huawei Cloud unveiled a series of cutting-edge services and solutions, driving intelligent transformation across diverse industries.

by: Forbes

How Trump's Tariffs Are Ushering In A New World Order

Wide response to new import duties, Treasury modifies reporting under CTA, unexpected critics for Trump's crypto reserve.

by: AOL

Why Mexico Trump tariffs could hammer this beer giant

It could be a dry summer for the bottom line of beer giant Constellation Brands ( STZ) thanks to President Donald Trump. Trump went through with his long-threatened tariffs on Mexico and Canada on Tuesday. Starting just after midnight, imports from Canada and Mexico will now be taxed at 25%.

by: MSN

Smaller business appetite for external finance rises in Yorkshire and the Humber

The British Business Bank's Small Business Finance Markets 2024/25 report, published today, finds that usage of external finance by smaller businesses in Yorkshire and the Humber rose by three percentage points in the first half of 2024,

by: Reuters

Israel's finance committee chief faults government over soaring bank profits

The head of Israel's powerful parliamentary finance committee criticised the government and central bank on Tuesday for allowing commercial banks to post huge profits and said he would consider taking unspecified steps to rein in the lenders.

by: CNET

Tariffs Explained: What They Mean for You as Canada-Mexico Duties Start Tomorrow

Tariffs have become President Donald Trump's favored economic move, and they're set to go into effect against Canada and Mexico tomorrow.

Budget 2025: 'There's no agreement yet' - Steenhuisen

With a week to go before Finance Minister Enoch Godongwana finally tables a reworked 2025 National Budget next Wednesday, Democratic Alliance (DA) leader John Steenhuisen has insisted there is no agreement yet on the budget between the main government of national unity (GNU) partners.

The article from Moneyweb discusses the ongoing negotiations between South Africa's Democratic Alliance (DA) and the African National Congress (ANC) regarding the 2025 Budget. DA leader John Steenhuisen emphasized that no agreement has been reached yet, particularly on critical issues like the funding of the National Health Insurance (NHI) and the Basic Income Grant (BIG). He highlighted the need for a responsible fiscal framework, expressing concerns over potential unfunded mandates that could exacerbate the country's financial strain. Steenhuisen also mentioned the importance of addressing inefficiencies in government spending and the necessity for economic reforms to stimulate growth. The discussions are part of broader coalition talks following the ANC's failure to secure a majority in the recent elections, with the DA pushing for a more conservative approach to public finances.

Read the Full Moneyweb Article at:
https://www.moneyweb.co.za/in-depth/budget/budget-2025-theres-no-agreement-yet-steenhuisen/