Thu, May 22, 2025

by: rnz

New Plymouth businesses largely support 'investment boost' package

The boost allows the deduction of 20 percent of the cost of new assets on top of normal depreciation.

by: Forbes

Rethinking Payouts, Perks And Financial Access Through Embedded Finance

As more businesses embrace embedded finance, the traditional boundaries between commerce and banking are starting to dissolve.

by: Fortune

Why GE Vernova's stock is power surging

GE Vernova is thriving on its gas turbine business despite its initial emphasis on renewables.

by: Variety

Australia-India Financing Venture Southern Sitara Bows at Cannes Market With Cross-Cultural Slate (EXCLUSIVE)

The growing appetite for Australia-India co-productions has spawned a financing entity designed to bridge the two markets with structured investment.

by: KHQ

Moses Lake School District seeks new business manager amid budget crisis

MOSES LAKE, Wash. - The Moses Lake School District is actively searching for a new business manager to address its financial challenges.

by: BBC

Homes and business plan for Sheffield used car site

A decision on the plans for the site in sheffield is expected to be announced later this year.

by: WESH

Orlando restaurants hope new theme park means more business

With Epic Universe set to officially open Thursday, Orlando businesses are hoping it will bring more customers with it.
Wed, May 21, 2025

by: AFP

G7 finance chiefs seek unity as Canada talks near end

Talks among G7 finance ministers faced challenges Wednesday as the group worked to overcome divides on thorny issues like the impact of US President Donald Trump's tariffs and support for Ukraine.

by: ThePrint

Canadian finance minister touts progress in talks with US counterpart

By Promit Mukherjee BANFF, Alberta (Reuters) -Canada's finance minister said on Wednesday that he had a good meeting with U.S. Treasury Secretary Scott Bessent and that both were pleased with the

by: PBS

Trump's tariffs will test U.S. allies at G7 finance ministers' summit

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year.

by: legit

G7 finance chiefs begin talks under strain of Trump tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

by: Reuters

German finance minister and US treasury secretary Bessent met bilaterally, source says

BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil met United States Treasury Secretary Scott Bessent on Wednesday for a bilateral conversation on the sidelines of the G7 finance ministers' consultations in Canada, a German source in G7 circles told Reuters. Both agreed to meet again in Washington, with Bessent inviting Klingbeil. Klingbeil emphasized the importance of close transatlantic relations, especially in light of current geopolitical and economic challenges, the German source said.

by: NDTV

How Trump's Immigration Crackdown Threatens To Hit Columbia's Finances

About 40 per cent of Columbia Universitys student pool consists of international students. Students pay $70,000 plus in tuition, but international students bring to the university what Trump froze in its federal research funds, - $903.1 million.

by: MassLive

People in Business: May 19, 2025

People in Business

by: CNN

Expert: 3 finance mistakes women are more likely to make in their lifetime | CNN Business

Did you know that women couldn't have their own credit cards until 1974? Haley Sacks, known as "Mrs. Dow Jones" and the creator of The Money Book 2.0, shares the three ways women can secure their financial future.

by: Fortune

The top 10 car picks for 2025, as selected by Consumer Reports

Hybrids are big, but only two of the ten are new entries.

by: Impacts

Blackcat Money: Revolutionizing Personal Finance with Digital Banking

Blackcat money represents a modern approach to personal finance, leveraging digital banking solutions to offer seamless, flexible, and rewarding money management. Inspired by platforms like blackcatcard.com, this innovative service provides users with instant access to virtual and physical payment cards, integrated services, and attractive cashback rewards. Designed for global accessibility, blackcat money empowers individuals and […]

by: Flightglobal

High demand keeps El Al financial performance strong in first quarter

Israeli flag-carrier El Al's first-quarter financial performance has improved, even upon the unusually-high figures from last year, as strong demand for the airline's flights persisted. El Al says the demand continued to be "significantly higher" than the supply of seats it could offer - generating average load factors above 94%, ...

by: Forbes

Unlock Sustainability And Business Value With 3 Simple Questions

This one business framework, guided by three questions, offers a simple tool that enables companies to leverage sustainability to lead, now and in the future.
Tue, May 20, 2025

by: Reuters

Canada says G7 finance ministers to focus on restoring stability, growth

BANFF, Alberta (Reuters) -Finance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and stability, Canadian Finance Minister Francois-Philippe Champagne said on Tuesday, acknowledging that tensions over new U.S. tariffs would continue. The meetings over the next two days in the mountain resort town of Banff, Alberta, will be about "back to basics" and will include discussions about excess manufacturing capacity, non-market practices and financial crimes, Champagne told a conference. He said discussions would take place within the G7 and bilaterally with U.S. Treasury Secretary Scott Bessent about the impact of President Donald Trump's tariffs on trading partners, and that there would always be tension around such issues.

by: WHIO

Man accused of robbing construction worker at Montgomery County business

The suspect has been arrested and booked in jail on a preliminary robbery charge.

by: BuzzFeed

17 Actors Who Opened Up About Struggling With Fame And Finances In Hollywood, And It's A Shocking Reality Check

"Something about this industry wasn't healthy."

by: CNET

Stop a Recession From Wrecking Your Finances by Putting Your Money Here

Keep your money safe from economic storms in these low-risk accounts.

by: Time

Fear of Failure Can Sabotage Business Leaders

Decades of research suggests that executives consistently weigh losses more heavily than gains.

by: MLive

House Republicans threaten secretary of state's budget over campaign finance law violation

Jocelyn Benson was issued a warning this week for using a state-owned building to announce her run for Michigan governor.

by: KIRO

New Orleans teen sentenced to 26 years for killing Tacoma business owner

A 17-year-old who shot and killed a co-founder of Tacoma's Howdy Bagel has been sentenced to 26 years in prison for the crime.

by: ABC12

Nessel rules that Benson violated Michigan campaign finance law

Michigan Attorney General Dana Nessel ruled that Secretary of State Jocelyn Benson violated campaign finance laws, but Nessel said she has no authority to impose discipline.

by: Fortune

Meet the 10 CFOs on Fortune's 2025 Most Powerful Women in business list

The list features 100 leading businesswomen from finance, tech, health care, telecom, retail, energy, and other industries.

by: Tennessean

Fisk President Agenia Clark focuses on relationships, finances after dodging shortfall

Agenia Walker Clark spent her first 18 months at Fisk University focused on its finances, its standing in the community and planning for its future.

by: Kiplinger

Time to Spring-Clean Your Finances: A Financial Professional's Four Steps to Tidy Them Up

A midyear review of everything from spending to saving, with adjustments as needed, can set you on track to financial security. Plus, don't forget to check in on your workplace benefits.

by: WKRG

Free summer classes for parents focus on finances and stronger families

MOBILE, Ala. (WKRG) — Summer vacation starts this week for many families around the Gulf Coast. Members of a local non-profit are offering free courses to help families improve parenting skills, financial stability, and safety. Whether the course is remote or in-person, there are a wide range of options available to parents looking to better […]

by: CNN

Home Depot won't raise prices from tariffs | CNN Business

Home Depot won't raise prices from President Donald Trump's tariffs, breaking with Walmart and other retailers that said they will pass costs related to the trade war onto consumers.

by: Forbes

The Future Of Vehicle Financing Foreseen By The Chairman Of Mercedes-Benz Mobility

In a free wheeling discussion, Chairman of Mercedes Benz Mobility talks about his vision on the future of vehicle financing and role of car companies in EV infrastructure

by: Impacts

Innovative Financing Options for Vacation Property Investments

Have you ever dreamed of owning a slice of paradise? Whether it's a cozy mountain cabin or a beachfront villa, vacation property investments

by: PBS

NJ Spotlight News | A breakdown of NJ Transit's finances | Season 2025

Interview: John Reitmeyer, budget and finance writer, NJ Spotlight News

by: Investopedia

Popular Careers in the Financial Sector

Most finance roles require a minimum of a bachelor's degree in finance, accounting, economics, business administration, or a related field. However, the level of education depends on the specific ...

by: BBC

Homes evacuated after blaze at joinery business in Rothley

The fire service said seven crews were sent to tackle the blaze in Rothley, Leicestershire.

by: Flightglobal

Reduced competition boosted Qantas, Virgin Australia earnings: Watchdog

The Australian Competition and Consumer Commission (ACCC) has found that the "absence of competitive pressure" a key factor for strong financial results of the country's two largest operators.
Mon, May 19, 2025

by: Newsweek

49ers Finalize Busy Summer With Massive Fred Warner News

The San Francisco 49ers have escaped the offseason without any drama surrounding contract negotiations as the team secured extensions for three key players.

by: Time

The Business Roundtable is MIA Against Trump's Attacks

CEOs are yet to collectively, and definitively, stand up to President Donald Trump's attacks against businesses.

by: MLive

AG Nessel: Jocelyn Benson violated campaign finance law with governor's race announcement

The attorney general's office issued only a warning after determining Secretary of State Jocelyn Benson violated Michigan's campaign finance law.

by: Variety

Saudi Arabia's Cultural Development Fund Charts a New Path for Film Sector Financing

The kingdom looks to attract film professionals with significant investments and opportunities

by: cnbctv18

Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers

The Department of Economic Affairs amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957, to enhance ease of doing business for brokers.

by: Fortune

Fed's Bostic sees one rate cut in 2025 because it will take 6 months to assess tariffs' economic impact

The size and scope of the tariffs caught the Fed and businesses off guard, Bostic said.

by: Investopedia

How to Build Robust Business Credit: Essential Steps for Entrepreneurs

Discover how to get an EIN and DUNS number, open business accounts, and improve your credit score using tradelines and credit cards to give your small business a boost.

by: Forbes

Why CEOs Need A New Business Planning Playbook

Also in the Forbes CEO newsletter: Trump facilitates deals for Boeing, Moody's downgrade weighs on markets, UnitedHealth Group CEO steps aside as DOJ probe disclosed.

by: CNN

CBS News boss exits amid Trump pressure | CNN Business

Wendy McMahon's exit has some employees feeling "like a purge is underway," one CBS correspondent told CNN on Monday.

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

The article from Fortune, published on March 24, 2025, discusses the current state of the U.S. housing market, drawing parallels to the Great Recession. It highlights that home sales have plummeted to levels not seen since the financial crisis of 2008, with Wells Fargo reporting a significant drop in mortgage applications. The piece attributes this decline to high interest rates, which have made borrowing more expensive, and a persistent shortage of available homes, exacerbating affordability issues. Additionally, the article notes that many homeowners are reluctant to sell due to being locked into lower mortgage rates, further constricting the market. Experts cited in the article express concern that without intervention, the housing market could face prolonged stagnation, potentially impacting the broader economy.

Read the Full Fortune Article at:
https://fortune.com/2025/03/24/home-sales-great-recession-wells-fargo/