• Wed, March 5, 2025

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: 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

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,
  • 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

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by: MSN

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

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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

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by: cnbctv18

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

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by: Zawya

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

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by: Metro

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by: Forbes

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

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by: LondonLovesBusiness

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

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by: Digit

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by: CNET

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

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by: Investopedia

BlackBerry: A Story of Constant Success and Failure

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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

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by: WCNC

Logistics company with 82 locations worldwide moves headquarters to Charlotte

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by: Insider

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by: CNN

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by: AOL

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by: CNET

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by: Reuters

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by: CNN

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

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by: Forbes

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by: AOL

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

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by: Kiplinger

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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

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by: GOBankingRates

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by: Forbes

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by: CNET

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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

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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

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by: Forbes

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by: GOBankingRates

Navy Federal ATM Withdrawal and Deposit Limits

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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

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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.

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,
The article from MSN discusses how Wall Street firms are exploiting federal loan programs intended to support affordable housing. These programs, managed by entities like Fannie Mae and Freddie Mac, offer low-cost financing to developers to build or preserve affordable housing units. However, instead of using these loans for their intended purpose, some developers and investors are using the funds to finance luxury housing projects or to refinance existing debts, thereby extracting profits while not contributing to the affordable housing stock. This practice not only undermines the goal of increasing affordable housing but also diverts public resources meant for low-income communities into private gains. The article highlights the lack of stringent oversight and enforcement, allowing these financial maneuvers to continue, which exacerbates the housing crisis by reducing the availability of affordable homes for those in need.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/economy/wall-street-loots-federal-loans-meant-for-affordable-housing/ar-AA1AjKdX

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