• Fri, March 14, 2025

by: CNN

Wall Street is turning its back on Trump and flashing an economic warning

On-again, off-again tariffs, mass government layoffs, funding cuts and immigration crackdowns have seriously spooked Wall Street, which is emphatically rejecting President Donald Trump's chaotic economic agenda.

by: Invezz

4 reasons Alibaba stock price is surging this year and what next

Alibaba stock price has bounced back this year, soaring to its highest level since November 2021. BABA rose to a high of $140 in New York, and is beating other technology companies like Amazon and Alphabet.

by: Stocktwits

Crown Castle Stock Gains Premarket After $8.5B Deal To Sell Small Cells And Fiber Solutions: Retail's Divided

Crown Castle (CCI) stock rose 3% in pre-market trade on Friday after the cell tower operator said it would sell its small cells and fiber solutions businesses for a total of $8.5 billion. The communications-focused real estate investment trust (REIT) said it would sell its small cells business to private equity firm EQT AB and its fiber solutions

by: Investopedia

Why Filing Your Taxes Early Could Save You Stress and Money

Filing your taxes early can get you your refund faster. You'll have more time to plan how you'll pay your taxes if you prepare your return before the deadline.

by: IOL

Empowering workers and SMEs: key digital inclusion strategies from the B20 Summit

Discover how the B20 summit is shaping a future-ready economy in South Africa through essential digital inclusion strategies for workers and SMEs.

by: isixsigma

TQM in the Digital Age: How AI and Automation Are Transforming Quality Management

Key Points Total Quality Management is integral for an organization to run as effectively as possible. Utilizing AI within TQM has several benefits, including enhanced data analysis. Automation will lead to a TQM process less prone to human error.

by: GOBankingRates

6 Key Signs You Need To Rethink Your Career Choice

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by: News24

New VAT-free foods: Most canned veg still excluded, but oxtail, tongue may be in

Most canned vegetables will not be included in the list of zero-rated food products, according to new VAT legislation proposed by Finance Minister Enoch Godongwana, in contrast to comments made in his budget speech this year.

by: healthday

Dr. Oz Accused of Underpaying Medicare Taxes Ahead of Nomination Hearing

Senate Democrats are raising concerns about Dr. Mehmet Oz's nomination to lead the Centers for Medicare and Medicaid

by: PCMag

'Disrupt and Leapfrog': Intel's New CEO Charts a (Risky) Comeback Strategy

Intel's new CEO, Lip-Bu Tan, indicates he wants the company to remain in the expensive foundry business, rather than spin it off.

by: WTRF

"Failing to pay employees, provide insurance, or cover taxes is simply wrong," Lawmaker vows support as Ohio hospital faces layoffs and financial struggles

Following the announcement that East Ohio Regional Hospital will begin laying off staff in "ancillary services" on Friday, a local lawmaker has pledged support for both the employees and the community.

by: TheWrap

Justine Bateman Says Trump and Musk Should Use $100 Million of DOGE Savings to Start American Film Fund

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by: Fortune

Hostage training and hours of pre-trip preparation signal the terrifying new reality of traveling for work

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by: Mint

Former L&T Finance chief Sanjay Garyali appointed CEO of microfinance lender Fusion Finance

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by: Newsweek

Donald Trump Blamed for UK's Economic Woes

The U.K. finance minister blamed a changing world—an implicit nod to President Donald Trump's unfurling trade war—for the shrinking size of the British economy. "The world has changed and across the globe we are feeling the consequences,

by: Patch

Woodbridge Twp. Business Summary: What's Coming In 2025

In his State of Township address last Thursday, Mayor John McCormac listed the following businesses that are scheduled to open in Woodbridge in 2025: Other projects in the pipeline for this year and into 2026: And here's what opened in 2024 in Woodbridge: Get great local news.

by: Entrepreneur

The One Reason Most Small Businesses Fail. And No, It Isn't Money

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by: MarketWatch

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by: Dealbreaker

Pharma Firms Mallinckrodt and Endo Agree to Merge in $6.7B Cash and Stock Deal

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by: AOL

Should I sell my house for cash? Pros and cons of cash home sales

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by: TechRadar

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by: Week99er

AI Law Firm Marketing Company FirmPilot AI Announces Appointment of Legal Technology Industry Expert Jay Greenberg to Company's Board of Directors

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by: MarketWatch

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by: GOBankingRates

You Might Not Make Enough Money To Get Musk's Potential DOGE Dividend Check: Here's the Salary Cutoff

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by: Forbes

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by: Fortune

Publicis New York CEO Carla Serrano and the downside of Trump's war against all

I was talking yesterday with Carla Serrano. Along with being CEO of Publicis New York and chief strategy officer of Publicis Groupe, she is a fellow Canadian and we were commiserating about the impact of the ongoing tariff war on a personal level.

by: IOL

This is how the VAT increase will impact your transport, food and electricity bills

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly regarding essential goods and services.

by: Newsweek

Companies and Communities Feel Effects of $20B Climate Funding Freeze

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by: CNN

Elon Musk's Tesla says it could be targeted by retaliatory tariffs

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by: CNN

Fear and resignation after 'world's most powerful company' pays Trump a $100 billion 'protection fee'

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by: GOBankingRates

This Hack From a Career Expert Takes 5 Minutes and Could Increase Your Income (Almost) Overnight

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by: AOL

DocuSign CEO: No signs of recession in our business

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by: Reuters

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by: Reuters

India's Wipro to redraw global business lines

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by: Insider

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by: Reuters

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by: Insider

Travelers Car Insurance Review 2025

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by: Insider

A government shutdown now seems unlikely. That's giving the stock market a much-needed boost.

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by: Reuters

BMW foresees earnings hit as Europe counts the early cost of tariffs

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by: Reuters

Wall Street slides as trade war escalates, S&P 500 confirms correction

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by: Insider

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by: Reuters

Australia's Westpac settles auto finance class action lawsuit for $81 million

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by: Insider

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by: Insider

Life after RTO: 11 Amazon employees reflect on the highs and lows of returning to the office full time

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This is how the VAT increase will impact your transport, food and electricity bills

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly regarding essential goods and services.
The article from MSN discusses the impact of the upcoming Value Added Tax (VAT) increase in South Africa, set to rise from 14% to 15% starting April 1, 2023. This increase will affect various sectors significantly:

  • Transport: Public transport fares are expected to rise, impacting daily commuters. Fuel prices will also increase, which could lead to higher costs for goods and services due to increased transportation costs.

  • Food: The price of food items will go up, particularly affecting lower-income households. This could exacerbate food insecurity as basic foodstuffs become more expensive.

  • Electricity: With the VAT hike, electricity tariffs will also increase, adding to the financial burden on consumers already dealing with load shedding and rising energy costs.

    The article highlights that while the government aims to increase revenue through this VAT hike, it will disproportionately affect the poor, potentially leading to a decrease in disposable income and an increase in the cost of living. It also mentions that some essential items might remain zero-rated to mitigate the impact on the most vulnerable populations. However, the overall economic strain on citizens is expected to be significant.

    Read the Full IOL Article at:
    https://www.msn.com/en-za/money/economy/this-is-how-the-vat-increase-will-impact-your-transport-food-and-electricity-bills/ar-AA1ATQhC

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