Mon, March 17, 2025

by: SmartAsset

Ask an Advisor: I Need $3500 Per Month to Cover My Expenses. Should I Take Social Security or Tap My 401(k)?

I'm retired and receive a pension but I still need to supplement my monthly income. My choices are to claim Social Security or start withdrawing money from my 401(k). I'm 64 and have $200,000 in a 401(k).

by: Vanguard

Strategic cost management in a shifting global economic landscape

Balancing efficiency and innovation in uncertain times By Dayo Odunfa Introduction In today's complex and unpredictable economic environment, CFOs and senior finance leaders face unprecedented challenges.

by: Bloomberg

Trump's Crypto Project Has Raised $550 Million in Token Sales

World Liberty Financial, the crypto project promoted by President Donald Trump, has completed its second set of token sales and raised a total of $550 million in gross proceeds, according to a press release.

by: Reuters

Canada reviews fighter deal, says it relies on US too much for security

Canada is looking for possible alternatives to its deal to buy U.S. fighter jets in part because it relies too much on the United States for security, Prime Minister Mark Carney said on Monday.

by: Moneycontrol

Trade Spotlight: How should you trade Coal India, Kotak Mahindra Bank, Varun Beverages, Shriram Finance, JSW Steel, and others on March 18?

The benchmark indices bounced back with half a percent gains on March 17, making a good start to the week after the correction in the previous week. However, the market breadth remained in favour of the bears,

by: Bizcommunity

Mining services company secures dynamic capital funding from Edge Growth

Modwal Trading, a full-service mining, construction, transportation and logistics company based in the Northwest, has been selected for funding from small business development specialist Edge Growth.The team at Modwal TradingThis interest-bearing loan amounting to R1,

by: Variety

Netflix Shares Rise on Bullish Analyst Upgrade Citing Potential for Future U.S. Price Hikes, Outlook for Strong Ad Growth

Netflix got a vote of confidence from MoffettNathanson analysts, which upgraded estimates on potential U.S. price hikes and ad growth.

by: Forbes

Balancing AI Costs And Performance: Strategies For Running LLMs In Financial Services

By implementing strategies such as fine-tuning smaller models and real-time AI cost monitoring, financial institutions can maximize AI ROI without sacrificing performance

by: cnbctv18

Finance Ministry reveals director vacancies at public sector banks: Full list here

As of now, the position of Chairman of the State Bank of India and all the positions of Managing Director and Chief Executive Officer in nationalised banks are filled. It also made clear that there was no proposal under consideration to amalgamate the other public sector banks with SBI.

by: KHON2

Forever 21 files for bankruptcy and will close all US locations

Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, with all locations already beginning going-out-of-business sales.

by: Entrepreneur

Lack of Accountability Is the Silent Productivity Killer. Here's How to Stop It From Derailing Your Business.

Lack of accountability crushes productivity. You can put all the right systems, processes and KPIs in place, but if people aren't accountable for their assignments and objectives, none of this will matter.

by: AOL

These are the top 25 US presidents, according to historians and biographers

Historians rated the US presidents on leadership qualities. The survey did not include Joe Biden since he was still in office when it was conducted.

by: Quartz

Temu and Shein aim for U.S. market supremacy, challenging Amazon's hold

Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon's efforts to capture a share of the budget-friendly e-commerce space.

by: Insider

Forever 21 says 'de minimis' exemption used by Shein and Temu is partly responsible for its second bankruptcy

Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de minimis" exemption.

by: CNET

Tariffs Explained: What They Mean for You and Your Everyday Costs

The rollout of President Donald Trump's tariffs was messy, uncertain and caused widespread market volatility, and eventually that noise is coming for your bottom line.

by: KHON2

Affordable housing bills still alive at Hawaii legislature

Scott Settle, managing principal at Settle Meyer joins producer/host Coralie Chun Matayoshi to discuss bills still alive in the legislature after first crossover, including subsidy reforms to make

by: AOL

What are the safest ways to send money internationally?

Wire transfers are the traditional go-to for international money transfers. They move funds directly from one bank account to another, usually via the SWIFT network, which is trusted worldwide. Banks also use strong security measures because they prioritize safety in money transfers, so you're typically in good hands.

by: Quartz

Forever 21, Hooters, and 7 other restaurant and retail chains going bankrupt right now

Coresight Research, a retail and technology data platform, predicts an escalation this year, with around 15,000 stores expected to shutdown. Among the notable closures are some major names like Hooters and Big Lots (BIG).

by: Insider

Robinhood is getting into prediction-betting markets just in time for March Madness

The investing app will offer a predictions market hub. Early offerings include bets on March Madness and the direction of interest rates.

by: Insider

An AI imaging firm says Johnson & Johnson stole its tech. Testimony began Monday.

First witness testifies in NYC trial over a small AI company's claim that Johnson & Johnson stole its surgical robotics tech.

by: Insider

3 things to do now if recession jitters have you questioning your retirement plans

Recession fears have some worried, but financial advisors and economists said older Americans shouldn't make major changes to retirement accounts.
Tue, March 18, 2025

by: Week99er

Discover The Best Crypto Presale to Invest In 2025: 5 Hidden Gems with Massive Potential

What if you had the chance to get in early on the next big thing in crypto? 2025 will be a transformative year for blockchain, with several innovative projects gaining momentum. The crypto market is no longer just about hype—it's about solving real-world problems,

by: Moneycontrol

Urgent Loan Apps: How they work and other key details to check before borrowing

Need cash fast? Urgent loan apps provide quick approvals and instant disbursals, but it's important to compare interest rates and terms before borrowing. Here's what you need to know.

by: Monitor

Plan your business exit early

The partnership between an investor and entrepreneur always has an end time. Therefore, every entrepreneur, even before signing the investment contract, should have the exit in mind.

by: GlobalData

Novuna Business Finance partners with BBB for green asset finance pilot

The initiative under the Growth Guarantee Scheme aims to expand funding for SMEs investing in low-carbon assets.

by: CoinDesk

Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain

Securitize and Ethena Labs, two firms working closely with BlackRock's money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi).

by: Sharecast

Close Brothers shares tank as motor finance provisions lead to H1 loss

Close Brothers shares tanked on Tuesday after the merchant banking group swung to a heft loss in the first half on the back of a £165m provision for motor finance commissions.

by: Goodreturns

Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?

Manappuram Finances share price surged during early trading on March 18 in preparation for its board meeting on March 20 to address the fundraising move. Manappuram Finances shares started Tuesday at Rs 213 on the BSE,

by: EquityBulls

Manba Finance Limited forms Strategic Alliances with BGauss Auto, Fin Coopers Capital, and ProsParity

Manba Finance Limited today announced forming a strategic alliance with BGauss Auto, Fin Coopers Capital, and ProsParity to drive India's shift towards sustainable mobility and empower the aspirations of customers across the country.

by: TechBullion

Qubetics Is Taking Over - Why It's the Best Crypto to Invest in March 2025 With AAVE And Tron in the Spotlight

When it comes to the best crypto to invest in March 2025, there's a lot of noise and options. But if you want to see your portfolio grow, you'll need to pick projects that truly stand out. One of the newest contenders gaining momentum is Qubetics ($TICS),

by: AOL

Trump and the expiration of the TCJA: Here's what's next for your tax bill

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here's what could happen.

by: Fortune

Melinda French Gates says billionaires aren't 'a monolith,' and not all of them need to be on stage touting their accomplishments

Melinda French Gates cautioned the public against seeing billionaires as monoliths, saying instead she tried to raise her children with a sense of normality.

by: Bloomberg

Indonesian Stock Swoon Rattles Traders, Triggers Circuit Breaker

Indonesian markets reeled Tuesday, as concerns mounted over weakening consumer spending in Southeast Asia's largest economy and President Prabowo Subianto's populist measures.The Jakarta Composite Index slid as much as 7.

by: Zawya

Qatar's corporate finance revenue to exceed $192.30mln in 2025

This growth marks a promising phase for the country's economic development, reflecting the ongoing evolution of Qatar's financial landscape

by: Kiplinger

How Small Businesses Can Clear the Economic Hurdles Ahead

Shifting rules on taxes, trade and regulation are creating uncertainty for SMBs. Owners can overcome that by focusing on efficiency, flexibility and investment.

by: Fortune

Bill Gates says Satya Nadella was 'almost' passed over for Microsoft CEO role

Bill Gates said he always backed Satya Nadella to lead Microsoft, but the current CEO was "almost" passed over in the succession process.

by: Bloomberg

Vietnam at 'Real' Risk of New US Tariffs, US Business Group Says

The Trump administration could slap new tariffs on Vietnamese goods as a tool to rebalance trade between the US and the Southeast Asian Country, U.S.-Asean Business Council President and Chief Executive Officer Ted Osius said at a Hanoi briefing.

by: Fortune

Wall Street sell-off is actually being caused by warped expectations vs reality, says JPMorgan strategy boss

While some investors may be watching the headlines and wringing their hands, those bullish on the U.S. are seeing the downturn as an opportunity. BlackRock CEO Larry Fink, for example, said he views current market conditions as a chance to snap up stocks at a reduced rate.

by: Cryptopolitan

Tax rules in Germany require crypto investors to keep record of transactions

by: Reuters

Which global CEOs will be at China Development Forum and potential Xi meet?

Dozens of foreign CEOs will visit Beijing this month for a flagship business conference and some will meet with President Xi Jinping, as China seeks to attract foreign investment to offset U.S. tariffs and sluggish domestic consumption.

by: Forbes

Adapting To Geopolitical Shifts And New Technologies With B2B Payments

As leaders within finance and venture, I believe we have a unique opportunity to foster innovations and support solutions that can solve complex financial challenges.

by: Reuters

Hedge funds, pharma CEOs on list of attendees for China business summit

Dozens of foreign CEOs will visit Beijing this month for a flagship business conference and some will meet with President Xi Jinping, as China seeks to attract foreign investment to offset U.S. tariffs and sluggish domestic consumption.

by: Forbes

Mind The Gap: Addressing The Finance And Accounting Talent Gap In 2025

Accounting firms and organizations dependent on skilled financial professionals need to act now, devising proactive strategies to navigate this challenge.

by: Reuters

G7 finance ministers discussed global trade, economic growth in virtual meeting

The finance ministers from the Group of Seven economic powers discussed issues including global trade, competitiveness, and economic growth in a virtual meeting on Monday, the Canadian finance ministry said in a statement.

by: Forbes

Smart Strategies For Improving Cost Control, Efficiency And Sustainable Growth

Maximize efficiency and cut costs with smart AI, automation, and cloud strategies. Discover how FIS achieved sustainable growth with these solutions!

by: Reuters

Defence firm QinetiQ warns of US, UK contract award delays, shares fall

British defence and security company QinetiQ warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes in government.

by: Insider

Crypto rewards credit cards available in 2025: Earn crypto rewards on your everyday spending

Crypto rewards credit cards are a trade off — but if you believe prices will continue to rise, it's one worth considering.

by: Insider

An HR company says it used a Slack trap to catch a corporate spy

A Rippling lawsuit says a spy locked himself in a bathroom when approached with a court order to seize his phone.

Ask an Advisor: I Need $3500 Per Month to Cover My Expenses. Should I Take Social Security or Tap My 401(k)?

I'm retired and receive a pension but I still need to supplement my monthly income. My choices are to claim Social Security or start withdrawing money from my 401(k). I'm 64 and have $200,000 in a 401(k).

The article on MSN Money discusses a retiree's dilemma on whether to start taking Social Security benefits or to withdraw from their 401(k) to meet their monthly expenses of $3,500. Financial advisor Brandon Renfro outlines several considerations: firstly, the timing of Social Security benefits is crucial as delaying can increase the monthly benefit amount, but immediate needs might necessitate earlier withdrawal. He suggests calculating the break-even point for Social Security to understand the financial implications of starting benefits early versus later. For the 401(k), Renfro advises considering the tax implications of withdrawals, the longevity of the funds, and the potential for investment growth if left untouched. He also mentions the possibility of using a combination of both strategies, like taking partial Social Security while supplementing with 401(k) withdrawals, to balance immediate needs with long-term financial security. The article emphasizes the importance of personalized financial planning, considering one's health, other income sources, and potential changes in financial needs or laws.

Read the Full SmartAsset Article at:
https://www.msn.com/en-us/money/retirement/ask-an-advisor-i-need-3500-per-month-to-cover-my-expenses-should-i-take-social-security-or-tap-my-401-k/ar-AA1B5bP0