Thu, March 27, 2025

[ Thu, Mar 27th 2025 ]: WFTV

'Modern dive' sports bar and liquor store combo comes to Clermont

Lake County is set to welcome a new hospitality concept combining Mullets Sports Bar with a liquor store called RS Liquors, short for Roasted Spirit Liquors.

[ Thu, Mar 27th 2025 ]: Cryptopolitan

Solana Price On The Up, Mutuum Finance (MUTM) Raises $5 Million & Dogecoin Aims For $0.50, Has The Bull Run Resumed?

All the major assets are experiencing substantial momentum, the cryptocurrency market is heating up. Solana is breaking out of a long consolidation with a staggering $1000 target. The meme coin heavyweight,

[ Thu, Mar 27th 2025 ]: Futurism

Jack Dorsey's Flailing Crypto Business Is Laying Off More Than 900 Employees

For the past few years, the financial technology sector has had it made. Between 2018 and 2023, the rapidly growing "FinTech" industry rose to over $39 billion in revenue, with projections to hit over $1.

[ Thu, Mar 27th 2025 ]: WTOP

Burlington replaces Prince George's Co. Joann Fabric store

Discount retail chain Burlington will replace a recently closed JOANN Fabric and Crafts store at Brandywine Crossing in Brandywine, Maryland.

[ Thu, Mar 27th 2025 ]: Variety

Patrick Whitesell and Silver Lake Invest in Peyton Manning's Omaha Productions

Former Endeavor executive chairman Patrick Whitesell and private equity giant Silver Lake have made an investment in Omaha Productions, the busy content banner headed by NFL great Peyton Manning. The deal gives Whitesell and Silver Lake a minority stake in the company that produces ESPN2's alternative "Monday Night Football" live telecast during the regular NFL

[ Thu, Mar 27th 2025 ]: Fortune

Most Americans have one life insurance policy. Why do incoming SEC chair Paul Atkins and his wife own 54?

Experts speculated that the dozens of policies may be a tax strategy—or that Atkins may be buying up others' policies as an investment.

[ Thu, Mar 27th 2025 ]: Yahoo

Approval recommended for purchase agreement on lot for indoor baseball, softball facility

Finance and Legal Committee recommended approval on a 4-0 vote to have the city of Jamestown enter into a purchase agreement with Eagles Nest LLC for a city-owned lot that will be developed into an indoor practice facility for youth baseball and softball.

[ Thu, Mar 27th 2025 ]: MarketBeat

CarMax and Carvana: Steering the Used Car Market

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: KMX),

[ Thu, Mar 27th 2025 ]: BirminghamWorld

Midlands Special Fasteners sold to publicly listed Swedish Group

Midlands Special Fasteners Ltd has been acquired by Teqnion AB, a publicly traded Swedish industrial conglomerate, in a transaction brokered by Altius Corporate Finance.

[ Thu, Mar 27th 2025 ]: Week99er

Orbital Partners with Know Your Customer to Strengthen Compliance for Its Global Stablecoin and Traditional Payments Platform

Orbital, a leading global platform for stablecoin and traditional cross-border payments, has announced a strategic partnership with Know Your Customer, an award-winning provider of digital onboarding and KYB automation solutions.

[ Thu, Mar 27th 2025 ]: MarketWatch

'Substantial tax savings:' 10 accountants reveal the tax credits and deductions Americans too often miss

The most overlooked tax credits involve energy home improvements." — Doug Throneburg, CPA, CFP and head of wealth management at Byline Bank. "Two types of credits are ava

[ Thu, Mar 27th 2025 ]: CNET

Tariffs Explained: What They'll Mean for Your Costs With a Week to Go

President Donald Trump's major tariffs against Canada and Mexico are scheduled to take effect in less than a week, and a new tariff against foreign cars is also in play as well.

[ Thu, Mar 27th 2025 ]: Entrepreneur

Writing a Book? Here's How to Find Your Audience and Become a Bestselling Author

Today's competitive literary landscape demands a nuanced approach to marketing and connecting with target readers. The role of public relations firms is multifaceted, and tailored PR solutions can help modern authors get their books into more hands.

[ Thu, Mar 27th 2025 ]: Ansa

Business ministry OKs ex ILVA commissioners-Baku talks

The Business and Made in Italy Ministry, at the initiative of Minister Adolfo Urso, has authorized the commissioners who have taken over the running of the troubled former ILVA Acciaierie d'Italia (AdI) steelworks in Taranto to start preferential negotiations with an Azerbaijani consortium led by Baku Steel Company (BSC) and by the Azerbaijan Business Development Fund (ABDF),

[ Thu, Mar 27th 2025 ]: TheStreet

Social Security Strengthens Identity Proofing Requirements and Expedites Direct Deposit Changes to One-Day

The updated measures will further safeguard Social Security records and benefits against fraudulent activity.

[ Thu, Mar 27th 2025 ]: BellaNaija

Exquisite Magazine and the Africa Women's CEO Network are set to release their Annual Power List

Exquisite Magazine, in partnership with the Africa Women's CEO Network, is proud to announce the release of its annual Power List, celebrating men and women who champion women's empowerment and inclusion.

[ Thu, Mar 27th 2025 ]: PCMag

AT&T's Full Autopay Discount Will Soon Require Your Bank Details

To get all of AT&T's autopay discount on a wireless or wired broadband plan, you'll soon have to get into a deeper financial embrace with that company. While the Dallas firm today offers $10 off its monthly rates for payments made automatically from a debit card or a bank account—halved to $5 off for credit-card payments—you will need to store your bank account details with the company to qualify for the $10 saving,

[ Thu, Mar 27th 2025 ]: Euronews

EU rebuffs Russia's demand for sanctions relief and asks for 'unconditional withdrawal' of troops

The "unconditional withdrawal" of Russian forces from the territory of Ukraine is a key precondition to amend or lift sanctions, the European Commission has said in reply to the Kremlin's demand. View

[ Thu, Mar 27th 2025 ]: AOL

What is AP automation and what are the benefits of using it?

Brex explains that instead of going through paper invoices one by one and manually entering data into AP systems, finance teams are using technology to capture, process, and approve payments with greater speed and accuracy.

[ Thu, Mar 27th 2025 ]: Kiplinger

Revocable Living Trusts: The Good, the Bad and the Ugly

People are conditioned to believe they should avoid probate at all costs, but when compared with living trusts, probate could be a smart choice for some folks.

[ Thu, Mar 27th 2025 ]: 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!

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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

[ Thu, Mar 27th 2025 ]: 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?

[ Thu, Mar 27th 2025 ]: CCN

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

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.

[ Thu, Mar 27th 2025 ]: 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.
Wed, March 26, 2025

[ Wed, Mar 26th 2025 ]: 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.

[ Wed, Mar 26th 2025 ]: 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,

[ Wed, Mar 26th 2025 ]: 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,

[ Wed, Mar 26th 2025 ]: 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

[ Wed, Mar 26th 2025 ]: 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.

[ Wed, Mar 26th 2025 ]: 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.

[ Wed, Mar 26th 2025 ]: 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.

[ Wed, Mar 26th 2025 ]: 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.

[ Wed, Mar 26th 2025 ]: Insider

A couple started renovating RVs as a side hustle. They bought and resold 17 in 5 years and now fix up apartments, too.

A millennial couple started buying, renovating, and reselling motorhomes, making dated spaces luxurious. Now they're transforming small apartments.

[ Wed, Mar 26th 2025 ]: WBUR

How Trump plans to get government out of the mortgage business

Mortgage finance giants Fannie Mae and Freddie Mac have been under government conservatorship since 2008. President Trump wants to privatize them. But what could that mean for America's mortgage market?

[ Wed, Mar 26th 2025 ]: jacobin

Medicare Would Be in Real Danger of Collapse Under Dr Oz

Presently tied up in Senate confirmation hearings, Mehmet Cengiz Oz, the Oprah Winfrey-certified wellness advocate known as "Dr Oz," might soon become director of the Centers for Medicare and Medicaid Services (CMS).

[ Wed, Mar 26th 2025 ]: TechCrunch

Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list says yes

The proliferation of scarily realistic deepfakes is one of the more pernicious byproducts of the rise of AI, and falling victim to scams based on these

[ Wed, Mar 26th 2025 ]: Entrepreneur

How to Build a Resilient Business and Navigate Uncertainty With a Structured Risk Management System

Here, I am going to explain risk management according to the guidelines of ISO 31000. The consequences of risks often extend beyond you as an entrepreneur and may trigger catastro

[ Wed, Mar 26th 2025 ]: Reuters

Nigel Farage and NatWest settle 'debanking' dispute

Eurosceptic UK politician Nigel Farage and NatWest Group have settled their dispute over the bank's handling of a decision to close Farage's accounts, the two parties said in a joint statement on Wednesday.

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.

The article from Bloomberg, published on March 27, 2025, discusses how U.S. banks are inadvertently financing their own competition to the tune of $1 trillion. This phenomenon occurs as banks lend money to non-bank financial institutions like private equity firms, fintech companies, and shadow banks, which then use these funds to compete directly with traditional banks in areas such as lending, wealth management, and payment processing. This lending has grown significantly over the past decade, driven by the search for yield in a low-interest-rate environment and regulatory changes that have pushed some activities outside the traditional banking sector. The article highlights the irony and potential risks for banks, as they are essentially funding entities that could disrupt their business models, potentially leading to a loss of market share and increased systemic risk. It also notes that while this practice boosts short-term profits for banks, it might undermine their long-term stability and profitability.

Read the Full Bloomberg Article at:
https://www.bloomberg.com/news/articles/2025-03-27/us-banks-finance-their-own-competition-to-tune-of-1-trillion