• Wed, March 5, 2025

by: Politico

Crypto Can't Stop Fighting Itself

The least controversial of the major crypto bills would put rules around stablecoins, a type of privately issued digital cash that is pegged to the value of the U.S. dollar. But even this legislation is already wrapped up in crypto-versus-crypto drama.

by: manilatimes

NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

NN is tracking on pace with its 5-year sales growth and diversification goals and has delivered a 2-year new business wins total of $136 million. The Company has won $13 million in new wins in 2025 YTD and remains on pace with its business development efforts.

by: MSN

UK SMEs warn of business strain as NI hike bites: poll

More than four in ten small and medium-sized enterprises (SMEs) in the UK say the government's increase in National Insurance Contributions (NIC) for employers will negatively impact their business, according to new research from specialist lender Shawbrook.

by: Forbes

Fintech's Next Big Challenge? Thriving In An Era Of Regulatory Uncertainty

Cryptocurrency is undergoing a fundamental transformation, shifting from a speculative asset to a regulated financial instrument.

by: Marketplace

10-year Treasury yields are falling. Want the good news first?

While falling T-note interest rates may be good news for borrowing, it could also be a bad sign for the economy.

by: Tuko

Kiharu MP Ndindi Nyoro Kicked out As Budget and Appropriations Committee Chair

Kiharu Member of Parliament Ndindi Nyoro has been removed from his position as chairperson of the National Assembly's Budget and Appropriations Committee.

by: MSN

Stock market today: Wall Street rebounds after Trump pulls back on some of his tariffs

U.S. stocks climbed Wednesday after President Donald Trump pulled back on some of his tariffs temporarily. The move revived hope on Wall Street that Trump may avoid a worst-case trade war that grinds down economies and sends inflation higher.

by: MSN

Wall Street Loots Federal Loans Meant for Affordable Housing

When a private equity giant bought California-based grocery chain Cardenas Markets in 2022, grocery workers like Maria Vargas saw their hours slashed. "I can't cover my expenses anymore," said Vargas,

by: MSN

How will Canada, Mexico tariffs impact travel? Here's what you should know.

President Donald Trump's latest tariffs are likely to have some impact on travelers, though it won't be as immediate or noticeable as in other areas.
  • Thu, March 6, 2025

by: Entrepreneur

More Than Four Crore Loans Worth INR 4.8 Lakh Crore Taken by Women in 2024: NITI Aayog Report

The number of women borrowers availing retail credit has grown at a Compound Annual Growth Rate (CAGR) of 22 per cent between 2019 and 2024.

by: MSN

Japan's Seven & i names new CEO, announces restructuring

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a $47 billion foreign takeover bid. Lead outside director Stephen Dacus will succeed Ryuichi Isaka as chief executive on May 27,

by: CNBC

China has more room to act on fiscal policy amid global uncertainties, finance minister says

China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.

by: TechRadar

How finance teams can avoid falling behind in the AI race

The danger for finance teams comes from an ever-widening chasm between those using AI tools and those who are not; one defined by increased productivity, prioritized work and unrivalled data insights. So, ahead of a year when AI capabilities are set to evolve even more, how can finance teams make up ground in the AI race?

by: cnbctv18

Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore

Bajaj Allianz Life Insurance Company reported new business premiums of ₹1,080.33 crore for February 2025. Shares of Bajaj Finserv Ltd ended at ₹1,845.15, up by ₹43.15, or 2.39%, on the BSE.

by: Zawya

LoftyInc Capital announces $43mln first close of its New Pan-African Seed Fund

LoftyInc is one of Africa's most established venture capital firms. With over a decade of investing experience

by: Forbes

Why Small- And Mid-Cap Companies Could Shine For Investors During A Trade War

For those willing to navigate the complexities, small- and mid-cap companies could provide a silver lining in an otherwise cloudy economic landscape.

by: LondonLovesBusiness

Has Trump learned a lesson? Dramatic tariff U-turn means no tax on low-value Canadian and Mexican goods

Explore why Trump has shifted his stance on tariffs. No tax on low-value Canadian and Mexican goods after recent changes.

by: Digit

From Microsoft to Google and OpenAI: These 5 AI agents are pushing boundaries of AI

One of the most transformative advancements in recent years has been the rise of AI agents - specialised, autonomous systems designed to handle complex tasks.

by: Metro

Average pay of the UK's 15 most common jobs revealed - see how you compare

Whether you're fresh out of uni and looking to take your first steps up the career ladder or you're a seasoned professional looking for a change, there are thousands of jobs out there. Seriously. From delivery driver to dentist and accountant to account manager,

by: CNET

A Tax Editor's Advice: File Your Taxes Now or Risk Paying More Later

Waiting until the last minute to file taxes can be costly, especially for freelancers and filers looking to itemize expenses.

by: Investopedia

BlackBerry: A Story of Constant Success and Failure

BlackBerry's history of success and failure as the world's first smartphone maker will now be featured in a movie.

by: Newsweek

Are US Banks Banned in Canada? What We Know About Trump's Claim

Despite Trump's claims, evidence from banking associations and Canadian governmental departments, as well as commentary from leaders and experts from both countries, contradict hi

by: Fortune

Is Saudi Arabia the next China or India? See for yourself

Saudi Arabia is not modeling itself after China or India. It is forging a path entirely its own, built on its unique history and ambitions. The question is no longer whether Saudi Arabia is changing—it is whether the world is ready to recognize and embrace it.

by: WCNC

Logistics company with 82 locations worldwide moves headquarters to Charlotte

Odyssey Logistics, a logistics and technology solutions company, has moved its global headquarters to Mecklenburg County, bringing more than 80 new jobs to southwest Charlotte. The relocation marks a significant milestone for both the company and the local business community.

by: Insider

AmONE Personal Loans 2025: Pros, Cons, and Alternatives

Discover the pros and cons of using the AmONE Personal Loans marketplace, including rates, terms, and how to apply.

by: CNET

I Work Remotely. Do I Qualify for the Home Office Tax Deduction?

Some self-employed taxpayers can claim the deduction for business use of a home, but you must meet the requirements first.

by: Reuters

India's renewable energy sector hit by weak demand, cancellations, report says

India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.

by: CNN

Jack Daniel's parent company says Canada pulling booze off shelves is even worse than tariffs

After Canada pulled American-made spirits off its shelves following President Donald Trump's implementation of tariffs on Canadian imports, the CEO of Brown-Forman, which makes Jack Daniel's whiskey and other liquors,

by: Forbes

Decentralized Finance And Fraud: Navigating Security Risks

Understanding and mitigating risks associated with this growing ecosystem is crucial for investors and businesses looking to navigate the decentralized economy safely.

by: Kiplinger

Six Steps to Simplify Your Estate for Your Heirs

A simplified estate strategy will expedite the settlement of your estate after you're gone, minimize audit risk, mitigate costs and reduce stress for your beneficiaries.

by: AOL

Trump's tariffs are already impacting prices, forcing businesses to reassess supply chains

Supply chain experts say many Americans are likely already feeling the impact of new tariffs instituted by President Donald Trump.

by: MSN

Japan's Seven & i expected to announce new CEO, restructuring plan

Seven & i Holdings, the Japanese operator of the global 7-Eleven convenience store chain, is expected to announce a leadership change on Thursday and plans to restructure its business as it faces a $47 billion foreign takeover bid.

by: AOL

Sleep Number (SNBR) Q4 2024 Earnings Call Transcript

Welcome to Sleep Number's Q4 and full year 2024 earnings conference call. All lines have been placed in a listen-only mode until the question-and-answer session. Today's call is being recorded. If anyone has objections, you may disconnect at this time.

by: GOBankingRates

KeyBank Near Me: Find the Closest Branches and ATMs

Here's how to find KeyBank locations near you. Use this map and guide to find KeyBank branches and ATMs close by.

by: Forbes

Digital Assets: What Comes Next In Financial Services?

The time is now for banks and capital markets firms with digital assets. Stablecoins and tokenized deposits are on a trajectory similar to the internet in the 1990s.

by: CNET

A Tax Expert's Warning: Don't Make This Costly Mistake if You Receive a 1099-K

Because of how 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: Reuters

Morning Bid: Trouble on Main Street and Wall Street

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased as U.S. President Donald Trump is expected to decide what tariffs to impose on Canada and Mexico early on Tuesday.

by: Reuters

Republican officials rethink BlackRock bans after Panama port deal

Often a political punching bag for MAGA Republicans, asset manager BlackRock may have bought some conservative credibility along with its purchase of two critical ports on both sides of the Panama Canal.

by: Forbes

Private Equity In Emerging Markets: Opportunities And Challenges For 2025

Emerging market private equity investment has grown in popularity in recent years, and that trend will likely continue in 2025. Certain areas that are rapidly growing, becoming more urban and adding new industries are ideal for investment.

by: GOBankingRates

Navy Federal ATM Withdrawal and Deposit Limits

What Are Navy Federal ATM Withdrawal and Deposit Limits? Here's how much cash you can withdraw and how much you can spend using your Navy Federal debit card, as well as the tota

by: Reuters

Deutsche Bank shares head for biggest two-day gain since 2011

Deutsche Bank shares jumped again on Thursday, bringing their gains to 17% in the two days since German political parties agreed a tectonic spending shift to revamp the military and revive growth.

by: Reuters

UK construction PMI falls to lowest since 2020 as house-building plummets

Britain's construction sector contracted sharply in February, with residential house-building declining at one the fastest rates since 2009 due to weak demand and high borrowing costs, according to a survey published on Thursday.

by: Reuters

Canada open to reduce its tariff retaliation if US offers more exemptions, source says

Canada is willing to reduce its retaliation to U.S. tariffs if the Trump administration drops some of the tariffs it has imposed, a Canadian government source said on Wednesday.

by: Reuters

Exclusive: US mulls plan to disrupt Iran's oil by halting vessels at sea

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction,

by: Reuters

Japan's Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.

by: Reuters

US clean power investors see strong outlook despite gas plant rush

Clean power developers see opportunities from AI and other growth sectors alongside a wave of new gas-fired plants as fundamentals remain strong.

by: Reuters

DBS outgoing CEO pay up 57% in 2024; successor sees momentum

DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit.

by: Reuters

Japan's Seven & i set to announce new CEO and restructuring plan, say sources

Seven & i Holdings , the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, as it faces a $47 billion foreign takeover bid.

Crypto Can't Stop Fighting Itself

The least controversial of the major crypto bills would put rules around stablecoins, a type of privately issued digital cash that is pegged to the value of the U.S. dollar. But even this legislation is already wrapped up in crypto-versus-crypto drama.
The article from POLITICO discusses the pivotal moment for cryptocurrency, focusing on the upcoming Bitcoin halving event expected in April 2024, which will reduce the reward for mining new blocks by half, thereby potentially increasing Bitcoin's value due to decreased supply growth. It explores the broader implications of this event on the crypto market, including the regulatory environment, with the SEC's recent approval of Bitcoin ETFs signaling a shift towards mainstream acceptance. The piece also delves into the cultural and political dimensions of crypto, highlighting how it has become a battleground for ideologies about financial freedom, government control, and technological innovation. It mentions the internal conflicts within the crypto community, the rise of new technologies like Ethereum's smart contracts, and the ongoing debate over the environmental impact of Bitcoin mining. The narrative captures the tension between crypto's potential to revolutionize finance and the skepticism regarding its volatility, security, and the speculative nature of its market.

Read the Full Politico Article at:
https://www.politico.com/news/magazine/2025/03/05/cryptos-defining-moment-00213711

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