Tue, March 4, 2025

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: 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: 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: 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

Revenge of the killer tomato tariffs

President Donald Trump's tariffs will take their toll on fresh-food prices — and the confidence of the American consumer.

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: 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: 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: Forbes

AI: Balancing Innovation With Privacy, Fairness And Ethical Governance

As AI continues to evolve, the urgency of ensuring robust data protection, personal data security and ethical governance has never been greater.

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: 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: 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: MSN

Leo Daily Horoscope Today (July 23- Aug 22) March 05, 2025: Will work fast in business!

Management and administration work will improve. Leo Career Horoscope Today. Will keep the pace of work fast. Will get important pro

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: MSN

White House Crypto Summit To Feature Roundtable With Industry Leaders Including Michael Saylor

The White House Crypto Summit scheduled for March 7 will host a select group of 20-25 industry leaders in a roundtable setting, according to Fox Business journalist Eleanor Terrett. As of March 4, official invitations for the event had yet to be distributed,

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: 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: Forbes

Zelensky's Fox Interview After Oval Office Drama Draws 6 Million Viewers

Bret Baier's interview with Zelensky was the most-watched show in cable and broadcast television Friday night.

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: MSN

Sitharaman reaffirms push for regulatory reforms, trust-based governance to boost businesses, economy

Highlighting the need for regulatory reforms, Sitharaman underscored that decriminalizing business-related offences would help industries operate with greater confidence by reducing legal risks.

by: MSN

Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains

Asian shares and US futures were mostly higher Wednesday after a retreat on Wall Street wiped out all of the S&P 500's post-U.S. election gains. China announced it intends to keep its economy growing at around a 5% annual pace in 2025,

by: MSN

Arkansas business owner highlights impact of President Trump's tariffs

The trade war between the United States and its largest trade partners is already affecting Arkansas business.

by: MSN

Tariffs taking toll on Washington business

Schweitzer Engineering Labs in Pullman does business in 170 countries and now faces making some sacrifices to keep partnerships alive amid federal tariffs.

by: MSN

Trump's White House crypto summit could be a turning point for U.S. policy, experts say

"There needs to be clear regulatory action for projects to change their current strategies to really open the U.S. market," one expert said.

by: MSN

Business leader on Canada tariff impacts in Bellingham, WA

The CEO and President of the Bellingham Regional Chamber of Commerce joins Good Day Seattle to talk about how the tariffs between Canada and the U.S. are currently impacting business in Washington state.

by: MSN

Business confidence in economy low, says HIE report

Confidence in the economy among some Scottish businesses is at its lowest level in two years, according to a Highlands and Islands Enterprise (HIE) report. The Scottish government agency surveyed 1,013 firms in its area,

by: MSN

S&P 500 Gains and Losses Today: Best Buy Stock Falls as it Predicts Price Pressure

Key Takeaways The S&P 500 dropped 1.2% on Tuesday, March 4, 2025, as the U.S. imposed tariffs on major trading partners.Best Buy shares tumbled after the electronics retailer warned that tariffs and inflation would have a negative impact on its business.

by: MSN

Learn the ins and outs of having your own food truck or catering business Saturday in Wausau

No matter if it's tacos, gourmet foods, or barbecue, if you've been wanting to start your own food truck, now's your time to learn a little more about how it all works in Wausau for free.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), March 05, 2025: You will get attractive offers

Aries Money Horoscope Today Sources of income will increase. Financial side will get strengthened. Wealth matters will improve. You will receive financial and commercial proposals. Aries Career Horoscope Today You will be successful in achieving your goals.

by: MSN

Small Business Owner Burnout: Exhaustion & Challenges

what it's like to own a small business owning a small business in today's environment is extremely exhausting in this video we are working our tiki truck and Deborah is so tired she falls asleep on the job Canada retaliates after Trump confirms 25pc tariffs

by: MSN

Popular barbecue restaurant chain files for Chapter 11 bankruptcy

The fast-casual barbecue chain subsection has also faced restaurant closings and Chapter 11 bankruptcy filings. Fast-casual chain Dickey's Barbecue Restaurants began closing locat

by: MSN

China hits back with tariffs on key US farm exports, including soy and beef

In response to US President Donald Trump's recent tariff increases on Chinese imports, Beijing announced it will impose additional tariffs on a range of US agricultural products starting next week. The new measures,

by: MSN

Best spots for bar pizza in Fond du Lac & 5 more stories you might've missed in February

The top Fond du Lac Streetwise stories from February include bar pizza spots, Joann fabrics closing, housing updates, county jail discussion and more.

by: MSN

Legends taps Lucky Strike's Parker to lead finances and operations

Brett Parker, the former president of US bowling and restaurant operator Lucky Strike Entertainment, has been appointed chief financial officer (CFO) and chief operating officer (COO) of premium experiences company Legends and its recently acquired venue management service ASM Global.

by: MSN

Skip the job offer: Two options that will let you work in the US without one

The U.S. attracts Indian professionals seeking career growth, especially in technology, healthcare, finance, and engineering. The H-1B visa is popular for skilled workers, offering job opportunities and potential pathways to permanent residency.

by: MSN

Verizon CFO says wireless business 'robust and resilient' at Morgan Stanley TMT Conference

Verizon's (NYSE:VZ) finance chief said the company is very aligned on growing wireless service revenue, adjusted EBITDA, and free cash flow on a macro level. Speaking at the Morgan Stanley Technology,

by: MSN

'Medi-Cal is the worst thing I've ever done': Doulas say state Medicaid program owes them thousands of dollars

Two years after Medi-Cal expanded to cover doulas, some say it's a fight to get reimbursed for their services.
Wed, March 5, 2025

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,

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: 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: 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: 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: 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: 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: MSN

Rumors are flying over Trump's deportations and shopkeepers say it's having a chilling effect on business

Reality hasn't lived up to Trump's mass deportation threats, but worries are keeping some immigrants at home, two business owners told BI.

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: 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.

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.

Goldman Sachs Group Inc. is considering reducing its workforce by approximately 3% to 5% as part of its annual performance review process, according to a source familiar with the matter. This potential reduction, which could affect around 1,000 to 1,600 employees, is part of the bank's regular evaluation of staff performance and is not directly linked to financial performance or cost savings. The decision comes amidst a backdrop where Wall Street banks are navigating through economic uncertainties, including high interest rates and geopolitical tensions. However, the source emphasized that these cuts are typical for this time of year and not indicative of broader layoffs. The final numbers could still change as the review process continues.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/goldman-sachs-may-cut-3-5-staff-part-annual-review-source-says-2025-03-04/