• Wed, March 26, 2025

by: Mint

What is a pre-qualified personal loan? Benefits, limitations, and how it works

Personal loans provide quick access to funds, with pre-qualification offering an initial assessment of a borrower's eligibility. This process involves a soft credit inquiry, allowing borrowers to learn about potential loan terms without impacting their credit score.

by: Audacy

West Herr WBEN Buffalo Business Report - Wednesday, March 26th, 2025

Level Financial Advisors purchases a California-based firm, the Botanical Gardens is opening a new Playspace, the WNY Safety Conference returns to Seneca One, and Trocaire names a program director for workforce development.

by: KUNC

Colorado restaurant workers, owners at odds over bill to cut wages

A watered-down version of a bill to cut tipped worker wages has restaurant owners angry and employees nervous.

by: CNET

Student Loan Forgiveness May Wither in the Courts, Says This Expert. What You Can Do Now

The path for current student loans is uncertain, but forgiveness options look even less likely for future borrowers.

by: Investopedia

These Food and Drink Stocks Could See Double-Digit Growth, Says Wells Fargo

Wells Fargo kicked off coverage of two quick-service food and drink chains, Dutch Bros and Wingstop, with "buy" ratings.

by: Forbes

Why The Business Case For DEI Still Matters

Karen Brown has been at the forefront of corporate DEI efforts for over two decades, and she's seen firsthand what works and what doesn't.

by: KVUE

Austin business owner claims Eanes ISD rejected 'historic' endowment offer amid budget deficit

As Eanes ISD grapples with its budget deficit, one business owner accuses the district of ignoring his multimillion-dollar endowment.

by: Reuters

Exclusive-Italy pursues payment from Meta, X and LinkedIn in landmark tax case

Italy has handed tax demands to Meta, X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday.

by: UPI

Britain makes billions in extra welfare cuts amid slower economic growth

The British finance minister announced Wednesday billions in welfare budget cuts to fill a shortfall with stalled growth and higher borrowing costs since the government's first spending plan.

by: Insider

Trump announced new auto tariffs after a rough day in the market for Tesla

Shares of mega-cap tech leaders tumbled Wednesday afternoon after a surprise announcement of auto tariffs from the White House.

by: Fortune

Whitney Wolfe Herd is back as Bumble's CEO, says she experienced complete 'ego death,' and is turning the dating app into the 'Love Company'

Bumble's recently-returned founder envisions a "self-love" app that teaches you to love yourself before loving someone else.

by: WKYC

Here's how to avoid risky investment scams, with tips from Better Business Bureau Cleveland: VERIFY Fast Facts

Scam Tracker Risk Report is out for 2024, and the results show the riskiest scams reported by consumers are investment scams. The thing these scams have in common is they prey on the desire to make money fast,

by: Invezz

CFO optimism dips in Q1 as tariff risks and uncertainty overshadow Trump boost: Fed survey

Optimism among chief financial officers (CFOs) has declined in the first quarter of the year as rising tariff risks and economic uncertainty cast a shadow over business expectations. A new survey conducted by two Federal Reserve banks and Duke University found that optimism,

by: WKYC

Better Business Bureau Scam Tracker Risk Report for 2024 shows investment related scams at riskiest reported: VERIFY Fast Facts

Scam Tracker Risk Report is out for 2024, and the results show the riskiest scams reported by consumers are investment scams. The thing these scams have in common is they prey on the desire to make money fast,

by: UPI

Senate Democrats call on Trump to revoke nominee for Social Security chief

Senate Democrats on Wednesday called for the president's pick for Social Security chief to have his nomination rescinded amid what lawmakers and experts say will be deep cuts to the program via DOGE.

by: Insider

Another big bank has slashed its stock-market outlook amid soaring economic uncertainty

The US economy could be heading for a sharp slowdown "very very soon," an analyst said on Wednesday. Price targets for the S&P 500 have been edging lower.

by: Reuters

Jefferies profit misses estimates as bond trading, equity underwriting weaken

Jefferies' first-quarter profit missed Wall Street estimates on Wednesday as bond trading weakened and stock market deals were stalled due to uncertainty sparked by shifting U.S. trade policy and geopolitical turmoil.

by: Forbes

18 Must-Read Books For Finance Professionals In 2025

"The E-Myth Revisited" by Michael Gerber is the best book for someone who has just started a company or has been in business & is still doing everything in the business.

by: Fortune

Experts warn Americans' pessimism about business conditions has driven confidence to a level that typically indicates an impending recession

Consumer confidence fell for the fourth consecutive month, and consumers' outlook on business conditions and their own income fell to the lowest level in 12 years. The Conference Board says confidence has fallen "well below the
  • Thu, March 27, 2025

by: BusinessLIVE

THE FINANCE GHOST: Dashing hopes for a Nike profit sprint

After a tough year, the sports giant struggles to regain momentum amid digital strategy shifts and declining sales

by: GhanaWeb

Parliament approves Growth and Sustainability Levy Amendment Bill 2025

Parliament has passed the Growth and Sustainability Levy Amendment Bill 2025, raising the levy on gold mining companies from 1% to 3% of their gross production.

by: Bloomberg

Jefferies Profit Drops on Pullback in Deals, Capital Markets

Jefferies Financial Group Inc.'s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with activity hurt by uncertainty around US policy and geopolitics.

by: CCN

BRICS Pushing Forward With Digital Cross-Border Payment System, Russia's Finance Minister Confirms

by: WJHL

East Tenn. vape shop owner testifies against new vape bill in TN Capitol

David Nelson owns Rocky Top Vapor in Johnson City and other cities. He testified against a bill in front of the Finance, Ways, and Means Subcommittee that he said

by: Stockhouse

ARMAMENTS and GOLD! Target prices are rising! Barrick Gold, Deutz, and Globex Mining!

The "Rambo Zambo" billions of Friedrich Merz continue to drive the Deutz share higher. After the solid annual figures, profit-taking seemed likely to set in for the engine manufacturer's shares, but this was misinterpreted!

by: cnbctv18

Jio Financial Services invests ?1,000 crore in subsidiary Jio Finance

The transaction, being between Jio Financial and its subsidiary, qualifies as a related-party transaction but has been executed on an arm's length basis. Shares of Jio Financial Services Limited ended at ₹225.

by: CNN

The Trump admin accuses EPA of squirreling away $20 billion in 'gold bars.' Here's what's really going on.

Lee Zeldin's allegations of criminal activity led to the resignation of a top DC prosecutor who refused to open a grand jury investigation.

by: Forbes

How AI Agents Are Transforming Business In 2025 And Beyond

So, what does this shift mean for businesses? How will AI agents move from cutting-edge innovation to an everyday necessity?

by: Bloomberg

US Banks Finance Their Own Competition to Tune of $1 Trillion

One of American banks' fastest-growing businesses is lending to the very companies trying to grab their market share.

by: GOBankingRates

Webster Bank Promotions: Best Offers and Bonuses

Webster regularly offers cash bonuses when you sign up for an account. Find out how to cash in on Webster Bank promotions.

by: Moneycontrol

Three reasons why Indian bond yield hits 3-year lows and why it points at more rate cuts

The yield on government securities, especially the 10-year benchmark bond, has been witnessing a reduction since the start of this month. Data indicates that it has eased 15 bps so far in March.

by: Investopedia

Do I Need a Personal Accountant?

You know you need to keep your personal finances better organized. Should you hire professional help, and if so, what kind?

by: Insider

Here's what Elon Musk, the UAW and industry figures are saying about Trump's auto tariffs

Elon Musk said President Donald Trump's tariffs would have a "significant" impact on Tesla, while the UAW said it would help end the "race to the bottom."

by: Moneycontrol

Finance Bill 2025 removes indirect investment tracking for offshore funds, boosts India's appeal for global fund managers

The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the 5 percent safe harbour threshold.

by: Insider

A 23andMe cofounder says the company 'lost its way' under the last leaders

Me cofounder Linda Avey is mourning what the biotech company could have become. The company filed for Chapter 11 bankruptcy protection on Sunday.

by: Investopedia

Tesla Stock Tumbles After Best Stretch Since November Election

Tesla shares fell more than 5% on Wednesday, ending the EV maker's blistering rebound out of a prolonged slump.

by: Moneycontrol

Finance Bill, 2025, limits tax scrutiny to undisclosed income in search cases

Now, tax authorities can reassess hitherto undisclosed earnings only, and not income that's already been declared.

by: Moneycontrol

Midcap and smallcap volatility may persist, but stay the course with your SIPs

The midcap and smallcap segments remain vulnerable to liquidity shocks, and in case of sharp corrections, they are typically the first to fall and the last to recover.

by: Reuters

Ethos rejects UBS pay, buybacks and sustainability report

Proxy advisory firm Ethos on Thursday urged UBS shareholders to reject the bank's remuneration, share buyback program and sustainability report at its upcoming annual general meeting.

by: Moneycontrol

Pension Loan Explained: How it works, interest rates, eligibility and other key factors

A pension loan offers retirees easy access to funds with minimal paperwork and lower interest rates, using their pension as proof of income. It's a practical option for covering expenses like medical bills or home repairs without the hassle of traditional loans.

by: Reuters

UK government's own estimate says welfare cuts to push 250,000 into poverty

Welfare cuts announced by Britain on Wednesday will drive 250,000 into relative poverty by the end of the decade and leave millions of families with less cash, according to the government's own estimates.

by: Reuters

Santander and BBVA seek favourable capital treatment from ECB, Cinco Dias reports

Spanish lenders Santander and BBVA are negotiating with the European Central Bank (ECB) to get a more favourable capital treatment for their holdings in insurance businesses, Spanish newspaper Cinco Dias reported on Thursday.

by: Moneycontrol

Growth-friendly RBI governor Malhotra raises rate cut hopes

India's new central bank governor has marked his first 100 days in office with a growth-friendly approach to monetary policy, suggesting he'll be willing to cut interest rates further and keep liquidity flush as the economy braces for trade turmoil.

by: Reuters

Wall St tumbles on tariff worries; Nvidia and Tesla drop

Wall Street stocks tumbled on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about forthcoming U.S. tariffs expected to be enacted next week. In the latest development,

by: Reuters

Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in fresh legal costs and potential customer compensation.

by: Reuters

Explainer: Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in fresh legal costs and potential customer compensation.

by: Reuters

China tells state firms to halt deals with Li Ka-shing and his family, Bloomberg News reports

China has instructed state-owned firms to pause new deals with businesses linked to Hong Kong billionaire Li Ka-shing and his family after his plan to sell two ports in Panama to a BlackRock-led consortium,

by: Reuters

Microsoft pulls back from more data center leases in US and Europe, analysts say

Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday.

What is a pre-qualified personal loan? Benefits, limitations, and how it works

Personal loans provide quick access to funds, with pre-qualification offering an initial assessment of a borrower's eligibility. This process involves a soft credit inquiry, allowing borrowers to learn about potential loan terms without impacting their credit score.
A pre-qualified personal loan is an initial assessment by lenders to determine how much they might be willing to lend to a borrower based on preliminary information like credit score, income, and debt-to-income ratio, without impacting the credit score. This process helps potential borrowers understand their loan eligibility and potential loan terms before formally applying. Benefits include getting an idea of loan amount, interest rates, and terms without a hard credit inquiry, which can help in financial planning and comparing offers from different lenders. Limitations involve the pre-qualification being an estimate, not a guarantee, as the final loan approval depends on a detailed credit check and verification of all provided information. The article explains how this pre-qualification works, its advantages in terms of transparency and preparation, and the caution needed since the actual loan terms might differ upon full application.

Read the Full Mint Article at:
https://www.msn.com/en-in/news/world/what-is-a-pre-qualified-personal-loan-benefits-limitations-and-how-it-works/ar-AA1BFPkQ