Thu, March 13, 2025

by: Reuters

Deutsche Bank sees 2025 revenue gains at all four main businesses

Deutsche Bank on Thursday forecast increased revenue in 2025 at its investment bank and three other main business units.

by: Investopedia

S&P 500 Gains and Losses Today: Tech Stocks Bounce Back After Soft Inflation Data

The S&P 500 added 0.5% on Wednesday, March 12, after a key inflation report showed consumer prices increased at a slower-than-expected pace last month.

by: BusinessTech

SARS boost to hunt more taxpayers, and Post Office plan to block couriers

SARS taxpayer hunt boost: Following SARS commissioner Edward Kieswetter's argument that he needs more funding to collect more tax, the National Treasury has increased the size of the revenue service budget by R4 billion, bringing the total over the next three years to R7.5 billion. [ Business Day]

by: Moneycontrol

India's biggest lender SBI to set up AI, fintech project finance unit

SBI plans to complete the project within a year and will hire 'specialized professionals' to staff it, said Ashwini Kumar Tewari, a managing director at the bank.

by: Stocktwits

Cleveland-Cliffs, Steel Dynamics, US Steel, And Other Metal Stocks Surge As Trump's Tariffs Take Effect: Retail's Bullish

Shares of steel and aluminum companies like Cleveland-Cliffs Inc. (CLF), Steel Dynamics Inc. (STLD), United States Steel Corp. (X), and others surged on Wednesday as U.S. President Donald Trump's proposed tariffs took effect.

by: KKTV

Small business advocate worried as SBA office set to relocate from Denver

Small Business Administration officials announced relocations for regional offices in multiple cities, including Denver.

by: Insider

Elon Musk must turn over records and answer questions on what he's doing at DOGE, judge orders

A federal judge ordered Elon Musk and the Department of Government Efficiency, or DOGE, to hand over documents and answer questions about their plans to trim federal agencies. US District Judge Tanya Chutkan said in her order on Wednesday that Musk and DOGE have to comply with the discovery request in three weeks.
Wed, March 12, 2025

by: Mediaite

Fox's Laura Ingraham Advises Viewers to 'Ignore' Tumbling Stock Market Because Trump 'Is Good for Business'

Fox News host Laura Ingraham advised her viewers to "ignore" the tumbling stock market and "sky is falling reports in the regime press." The post Fox's Laura Ingraham Advises Viewers to 'Ignore' Tumbling Stock Market Because Trump 'Is Good for Business' first appeared on Mediaite.

by: TheWrap

Fox Business Host Slams Trump White House - and Former Co-Host - For Dodging Her Requests to Talk Economy: 'I'll Air Dirty Laundry All Day'

The people who work for these Treasury Secretaries need to answer a text message. It's shameful," Secretary of Transportation Sean Duffy's former co-host Dagen McDowell says The post Fox Business Host Slams Trump White House - and Former Co-Host - For Dodging Her Requests to Talk Economy: 'I'll Air Dirty Laundry All Day' appeared first on TheWrap.

by: KFVS12

Heartland business owners in the steel industry address the impact of tariffs

Heartland business owners brace for price hikes as President Donald Trump increases tariffs on steel and aluminum--while other countries retaliate.

by: WHAS11

'He was constantly giving' | Louisville remembers Junior Bridgeman's life and legacy

Junior Bridgeman, a Louisville legend and former NBA star, died from a medical emergency at the Galt House on March 11.

by: FXStreet

Crypto Today: BTC, Pi Network and HBAR rally as US CPI triggers $40B buying spree

The combination of $117 million in stablecoin inflows, $370 million pouring into memecoins amid a 7.4% sector-wide surge, and the latest US CPI data showing cooling inflation all point to a recovery phase that could be sustained in the near term.

by: CNN

US inflation cooled in February, but Trump's tariff plans and trade war loom

Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.

by: Week99er

Top Cryptos to Invest in Today: Qubetics Presale Explodes, SEI's $120M Exit, and Ethereum's ETF Outflows

Qubetics, SEI, and Ethereum are making headlines. Find out why Qubetics is one of the top cryptos to invest in today, and how SEI and Ethereum are developing.

by: Yahoo

Fat Tomato Grill owner passing the torch: 'It's been a hell of a run'

Greg Flagg and his wife, Karen Henderson Flagg, will succeed Charlie Caramihalis as the new owners of Fat Tomato Grill in York on March 22, 2025.

by: WTOL

Financial stress rises as tax season approaches; experts warn of common mistakes and scams

With the April 15 tax deadline just a month away, stress is mounting for millions of Americans. Experts with the IRS said tax season often worsens existing money worries, leading to last-minute filings and potential mistakes.

by: Fortune

CEOs are turning to AI for business advice and they trust it even more than their friends and peers

Executives aren't just using AI to crunch numbers, they're looking for the robots to make decisions for them.

by: MarketWatch

I invested $4,000 in 2020 when the market crashed. It's now worth $55,000 with 65% in Nvidia. Am I now in trouble?

I had $3,000 when the stock market crashed in 2020. I immediately invested that in stocks, letting myself become homeless (sleeping in the local park by a gym where I could shower

by: GOBankingRates

Bread Savings CD Rates and Terms for 2025

Bread Savings is an online-only bank that offers high-interest CDs and a savings account. Here are the Bread Savings CD rates in 2025.

by: Forbes

The Lower Middle Market Advantage: How Smaller Deals Can Deliver Big Returns

But in the world of private equity and investment banking, the lower middle market, transactions typically valued between $10 million and $500 million, often deliver some of the most compelling opportunities for investors.

by: IOL

Trade experts map SA's future as US relations cool

Experts urge South Africa to diversify its trade relationships and adapt to changing US policies following the cancellation of the Just Energy Transition Partnership.

by: Newsday

Is a recession coming in 2025? Long Island economists weigh in.

Online search engines have seen an uptick in people asking questions about the country's economic fate, including "is a recession coming in 2025," "how to prepare for a recession," and "what is a recession.

by: Insider

Europe hits back at Trump's new aluminum and steel tariffs

The European Union announced tariffs on 26 billion euros, or $28.4 billion, worth of US goods in response to new American duties on steel and aluminum. The European Commission introduced the "swift and proportionate" countermeasures in a statement on Wednesday.

by: CNBC

CNBC Daily Open: The U.S. and Canada exchange blows over tariffs, churning markets

The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.

by: NerdWallet

5 Things to Know About the Nibbles Credit Card

The Nibbles credit card offers rewarding pet-related benefits, the most valuable of which is its pet insurance that covers up to $10,000 in yearly health coverage

by: Entrepreneur

Trailblazing Women: Nikita and Rhea Patel's 'The Bureau' Offers a Dedicated Space for Female Professionals to Thrive in the UAE

As the global female workforce seeks policies that allow for better work-life balance, the Patel sisters have co-founded UAE-based female-focused co-working space The Bureau.

by: BBC

Survey reveals optimism among business leaders

Business leaders in the Channel Islands are more optimistic about global economic growth compared with their international counterparts, according to a survey. Findings from PwC's Annual Global CEO Survey show about 12% of bosses believe their businesses will not be viable in 10 years, compared with a global average of 40%.

by: Zawya

Mbank partners with Abu Dhabi University to launch collaborative academic and professional development programs

To offer a range of academic, training, and professional development initiatives for undergraduate and graduate students

by: GhanaWeb

All set for IFRIG's 2025 Islamic Finance Forum with focus on sukuk

The Islamic Finance Research Institute of Ghana (IFRIG) is set to hold the 2025 edition of the Islamic Finance Forum (IFF).

by: AOL

Tesla stock rises after worst day in almost 5 years as Musk says US production will double

Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street's biggest bulls said it was time to buy the stock.

by: Investopedia

50 Best Cities To Retire In the U.S.: The Surprising Leaders in Affordability

Investopedia and Travel + Leisure teamed up to identify locations across the country where retirement dollars may go farther. Good news: the best cities to retire in the U.S. include metros in every region of the country,

by: Reuters

Bank of America cuts 150 junior roles in investment banking, sources say

Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.

by: BusinessTech

This tiny European island is home to a thousand rich South Africans

A small island in the Irish Sea is already home to over a thousand South Africans, and it is looking to attract more people from the country.

by: CNET

CNET Survey: 44% of Filers Have Tax Anxiety -- Led by Gen Z and Millennials

Gen Z filers are newer to tax filing, while millennials may find their taxes more complicated after buying property, having children or pursuing side hustles.

by: Bloomberg

US-China Tariff Talks Stuck at Lower Levels, Stoking Frustration

Talks between the US and China on trade and other issues are stuck at lower levels, people familiar with the matter said, with both sides talking past each other and failing to agree on the best way to proceed.
Tue, March 11, 2025

by: EURweb

Ulysses 'Junior' Bridgeman, Legendary Basketball Star and Billionaire Entrepreneur Suddenly Passes Away at 71 | VIDEO

Ulysses "Junior" Bridgeman, a legendary figure in the world of basketball and entrepreneurship, passed away on Tuesday at the age of 71. Known for his exceptional talent on the court as a two-time Missouri Valley Conference Player of the Year at the University of Louisville during the 1970s,

by: TechRadar

Office 2024 LTSC vs Microsoft 365 Business: what are the differences?

Here's a closer look at the differences and similarities between Office 2024 LTSC and Microsoft 365 Business. Office 2024 LTSC vs Microsoft 365 Business: features. Office 2024 L

by: Yahoo

CSP: Man took payment for Mansfield home repair service and never showed

A Griswold man was arrested after taking payment for a home repair service and never showing up to complete it last summer in Mansfield, state police said. Victor A. Jorge Jr., 55, was charged with larceny in the second degree.

by: MarketWatch

Small-business people were jubilant over Trump's victory in November. They've since grown very uncertain about the U.S. economy.

Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.

by: Reuters

Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say

The proposed U.S. tariffs on steel and aluminum imports are poised to escalate costs for U.S. oilfield services companies, which rely on these metals for their operations.

by: BBC

White House rolls back plan to double tariffs on Canadian steel and aluminium, officials say

White House officials say the US will impose 25% tariffs on Canadian steel and aluminium, rather than the 50% Donald Trump announced earlier. The rollback comes after Canadian pro

by: AOL

Tesla stock rises after worst day in almost 5 years as Morgan Stanley says buy the dip

Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street's biggest bulls said it was time to buy the stock.

by: Investopedia

Some Of Trump's Biggest Fans In Business Are Starting To Feel The Uncertainty

Key Takeaways Small business owners' confidence dropped in February while uncertainty spiked to its second-highest on record.President Donald Trump's rapidly changing tariff policies have fueled uncertainty and raised concerns about rising prices.

by: decrypt

Cantor Fitzgerald's Bitcoin Business to Use Anchorage Digital and Copper

Cantor Fitzgerald plans to use crypto platforms Anchorage Digital and Copper as part of its Tether-linked Bitcoin financing business.

by: CNET

Tariffs Explained: What They Mean for You as New Canada Duties Announced

President Donald Trump's tariffs are shifting and changing a week after they were meant to take effect, causing widespread uncertainty and market volatility.

by: Fortune

Kohl's had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures

One retail expert says Kohl's problems stem from a "lack of identity and muddled strategy."

by: UPI

U.S. job openings show January increase, preceding impact of DOGE layoffs

American job openings increased in January, offering a brief sign of stability as the economy's direction remains questionable.

by: Forbes

20 Pieces Of Timeless Financial Wisdom From Industry Mentors

Below, 20 Forbes Finance Council members each share the pieces of financial advice that not only shaped their individual careers but also strengthened the financial strategies and leadership practices that drove their lasting success.

Medical aid tax credits, fuel levies and VAT - what to expect in South Africa's new budget

Economists at Nedbank lay out what they expect from Finance Minister Enoch Godongwana's second attempt to balance South Africa's books.

The article from BusinessTech outlines expectations for South Africa's new budget, focusing on several key areas. Finance Minister Enoch Godongwana is set to address adjustments in medical aid tax credits, fuel levies, and VAT. There's speculation about potential increases in personal income tax, adjustments to medical aid tax credits which might not keep pace with inflation, and possibly a rise in fuel levies despite public discontent. The government might also consider changes to VAT, although increasing it could be politically sensitive. Additionally, the budget might include measures to support economic recovery, manage the country's debt, and address ongoing issues like load shedding and unemployment. The article also hints at possible tax incentives or relief measures aimed at stimulating economic growth and supporting the middle class amidst rising living costs.

Read the Full BusinessTech Article at:
https://businesstech.co.za/news/budget-speech/816290/medical-aid-tax-credits-fuel-levies-and-vat-what-to-expect-in-south-africas-new-budget/