Thu, March 13, 2025

by: CNN

Trump imposes sweeping 25% steel and aluminum tariffs. Canada and Europe swiftly retaliate

President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans.

by: WKYT

Lexington welder discusses impact tariffs could have on business

Now that the trump administration's 25% tariffs on all steel and aluminum imports have gone into effect, we talked to a central Kentucky welder who uses steel and aluminum materials for a living.

by: stacker

What are business expense cards and how do they work?

PeopleImages.com - Yuri A // Shutterstock What are business expense cards and how do they work? M anaging business expenses used to mean shuffling paper receipts, chasing down emp

by: Observer

Blockchain's Billion-Dollar Blunder: How Finance's Tech Revolution Became an Awkward Evolution

Blockchain was supposed to rewrite finance's playbook, but costly smart contracts, endless integration struggles, and security fiascos have turned the tech's promised revolution into a lesson on

by: Euronews

Generali, Deutsche Bank and Deliveroo: The company news moving the markets

Strong results from Italy's Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday. View on euronews

by: Bloomberg

Trump Crypto Venture Has Talked to Binance About Doing Business

World Liberty Financial Inc., one of the Trump family's crypto ventures, has discussed doing business with the world's largest digital-asset exchange, Binance Holdings Ltd., whose founder pleaded guilty to failing to take required measures to prevent terrorists,

by: Africanews

U.S. Gold Card: What it means for African investors Business Africa

US fast-track citizenship initiative offers wealthy investors tax perks, raising questions about its impact on global migration and investment while SMEs in Kenya account for 75% of the workforce, with digital solutions driving efficiency and fostering collaborations with larger businesses.

by: Axios

Exclusive: GSR Ventures splits its U.S. and China arms

GSR Ventures tells Axios that it has formally separated its U.S. business from its China business, and renamed the U.S. effort as Informed Ventures. Why it matters: GSR was one of several VC firms rebuked last year by Congress for its cross-border investing activities,

by: Due

Volatile Markets and Cautionary Economic Indicators

by: GOBankingRates

Chime vs. Varo: Comparing Features, Fees and Benefits

Here's a breakdown of Chime vs. Varo, two incredibly popular options for today's modern-day digital banking needs. Read on for more details:

by: Astrofame

Taurus: Your daily horoscope - March 13

Your first obligation is to yourself.📖 Repeating numbers aren't random. Discover their message with a reading + in-depth guide. Your love horoscope New information regarding opportunities for career,

by: eNCA

Budget 2025 | The good, the bad and the unexpected

Value-added tax has increase by 0,5 percentage points this year. Another 0,5 next year, will push VAT up to 16 percent by April 2026.

by: Fortune

Roomba creator iRobot was once courted by Amazon for a vacuum revolution. Now, it might go out of business

iRobot became synonymous with home robots when it introduced the Roomba vacuum over 20 years ago, eventually selling 50 million models and becoming an acquisition target for Amazon. But the company gave investors a stark warning Wednesday, saying it may go out of business as sales and headcount plummet.

by: Week99er

Best Altcoin to Buy in March 2025? Qubetics Sell 499M Tokens, SEI's $557M Revenue, and Mantra's $6B Market Cap!

Discover why Qubetics, SEI, and Mantra are the best altcoin to buy in March 2025. Learn about their unique use cases and how they stand out.

by: MarketWatch

Mallinckrodt and Endo plan merger as they look to recover from opioid litigation

The new entity will be listed on the New York Stock Exchange and is expected to generate pro forma revenue of $3.6 billion in 2025 and at least $150 million of annual operating synergies by year three.

by: Forbes

What Trump's Presidency Means For Medicare (And What You Can Do About It)

Medicare is always a hot topic, and every time there's a shift in the White House, people start speculating about how it will impact the healthcare landscape. When you bring up "Trump" and "Medicare" in the same sentence,

by: Barchart

Stocks Slip Before the Open as U.S. Shutdown Fears Grow, PPI Data in Focus

S&P 500 E-Mini futures (ESH25) are down -0.21%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.36% this morning as concerns about whether Washington lawmakers will avert a government shutdown this weekend contributed to uncertainty regarding the U.

by: Kiplinger

Don't Make These Five Mistakes on Your Tax Return

Here are some common tax errors you should avoid on your current tax return. Taxpayers not eligible for an SSN must have an IRS individual taxpayer identification number (ITIN). ITINs are 9-digit numbers issued by the IRS to taxpayers that don't have a SSN for U.S. federal tax purposes.

by: NewcastleWorld

Short-term growth concern, long-term resilience: New report on UK manufacturing small business outlook over time

As a new year gets underway, UK small businesses in the manufacturing sector have been among the least likely to predict growth during the first three months of 2025 - according to research from Novuna Business Finance.

by: Zawya

RemotePass and Wafeq partner to automate payroll and accounting for UAE & KSA businesses

RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq's accounting system in real-time,

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: Bloomberg

Schumer Says Democrats Will Block GOP Plan to Avert Shutdown

Senate Democratic leader Chuck Schumer said his party would block a Republican spending bill to avert a government shutdown on Saturday and urged the GOP to accept a Democratic plan to provide funding through April 11 instead.

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: CNET

Southwest Airlines Just Axed This Travel Perk, but There Are Still Ways to Get It for Free

It's the end of a (free) era: Southwest Airlines will begin charging for checked bags at the end of May.

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: IOL

South Africa Wine condemns unfair excise tax decision

Finance Minister Enoch Godongwana said in the 2025 Budget that government will impose more taxation on tobacco and alcohol products in the coming year.

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: Insider

End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock

The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 protection in November.

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

Here's How Inflation Impacts Your Bank Account (And How To Take Advantage)

Inflation isn't just a buzzword -- it has real effects on your finances, from the interest rates on loans to the value of your savings. Find Out: If You're Thinking About Getting a CD, Suze

by: Reuters

Brazil will not retaliate against US steel tariffs immediately, minister says

Brazil's Finance Minister Fernando Haddad said on Wednesday that the South American country would not immediately retaliate against tariffs imposed by the United States on steel and aluminum imports,

by: BusinessTech

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.

by: AOL

It's not that Trump doesn't care about markets. He just cares about tariffs more.

A review of President Trump's recent commentary suggests he cares more about tariffs than markets — at least so far — during his second go-around in the White House.

by: CNBC

8-year-old's coffee business brought in $150,000 in 2024 and just got him a deal on 'Shark Tank'

Ethan Sanborn and his dad pitched their company Kiid Coffee on ABC's "Shark Tank" and got interest from multiple investors, including Mark Cuban.

by: Forbes

Silicon Valley Unicorns: Market Trends And A Reality Check At The Start Of 2025

This year is shaping up to be the year when applied AI solutions demonstrate their long-term commercial value at scale.

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]

The article from BusinessTech discusses two significant developments in South Africa. Firstly, the South African Revenue Service (SARS) is enhancing its capabilities to pursue tax evaders more effectively. This includes the use of advanced technology and data analytics to identify and track non-compliant taxpayers, aiming to increase revenue collection and reduce the tax gap. Secondly, the South African Post Office (SAPO) is considering a strategy to block courier companies from using its infrastructure, which could potentially disrupt the logistics sector. This move is part of SAPO's broader plan to address its financial difficulties and possibly regain market share in the courier and parcel delivery market. These actions reflect broader governmental efforts to improve fiscal health and operational efficiency in public services.

Read the Full BusinessTech Article at:
https://businesstech.co.za/news/5-things/816650/sars-boost-to-hunt-more-taxpayers-and-post-office-plan-to-block-couriers/