• Tue, June 10, 2025

by: Reuters

Colombia to suspend fiscal rule as public finances worsen, source says

BOGOTA (Reuters) -Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a government source told Reuters on Tuesday, amid deteriorating public finances. The fiscal rule, established in 2011 by Latin America's fourth-largest economy, imposes limits on government spending and debt to ensure the long-term sustainability of public macroeconomic stability. The government's Higher Council for Fiscal Policy (CONFIS) met on Monday and authorized the suspension that will increase the South American nation's fiscal deficit from the government's 5.1% target.

by: WMUR

Planning a party? Check out these unique mobile entertainment businesses in New Hampshire

Whether you're looking for ice cream treats, cocktails on the go or even a virtual golfing experience, there are plenty of New Hampshire businesses to help you throw the party of the year.

by: Tennessean

SBC updates: Dallas meeting to deal with finances, public policy arm, marriage statement

Legislative battles about abolishing SBC's public policy arm and financial accountability to test the health of Southern Baptist institutions.

by: BBC

Newcastle United news: Fan views on transfer deadline day business

Newcastle United news: Fan views on transfer deadline day business

by: Forbes

When Big Finance Meets Big Wind: How Bank-Sponsored Boats Shape SailGP

New York City's waterfront isn't just a postcard-perfect backdrop for foiling catamarans. It is also a growing arena for business.

by: WGME

Lawmakers, finance leaders cheer $1,000 'Trump Account' proposal for newborns

Several major finance leaders cheered the provision as a major win for future generations of Americans.

by: Fortune

China can shrug off U.S. tech controls, thanks to open-source design and chip packaging techniques, says Huawei's founder

Nevertheless, Ren Zhengfei cautioned that Huawei still isn't quite as successful as the U.S.'s fears make it seem.

by: Investopedia

Future-Safe Finances: How To Protect and Grow Your Income in Retirement

Future-proof your retirement plan by making these moves with your savings, spending, and retirement accounts. Small changes now can add up to more security later.

by: CNN

US states sue 23andMe to protect customers' private data | CNN Business

New York and more than two dozen other US states sued 23andMe to challenge the sale of its customers' private information after the genetic testing company filed for bankruptcy in March.

by: Telegram

City Councilor King agrees to pay $390 to resolve late campaign finance reporting

An audit of his campaign account from June 2023 through March 2025 found noncompliance with "multiple provisions" of campaign finance law.

by: WAFF

New Alabama vape law pushes business across state line

The new state law regulates what vape products can and cannot be sold in Alabama.

by: HousingWire

Legacy Group Capital expands consumer financing solutions

by: Investopedia

Eat Now, Pay Later: The Growing Popularity of Financing Groceries and If That's a Good Idea

The use of BNPL services to pay for groceries is growing, and it can help cover shortfalls, but there are many risks to watch out for.

by: CNN

ABC News drops Terry Moran over late-night post attacking Trump and Stephen Miller | CNN Business

The network is parting ways with its veteran correspondent two days after he posted a missive on X calling the president and his deputy chief of staff "world-class haters."

by: Forbes

The New Business Trends Founders Need To Know With 'The Room' Hosts

Madison McElwain and Claudia Laurie, co-founders of The Room podcast, joined Forbes Talks to chat about the shifting landscape entrepreneurs are encountering.

by: Fortune

How a 112-year-old California manufacturer used cloud computing to upgrade its business

Brick-and-mortar companies like Rehrig Pacific Company have discovered surprising ways that cloud computing can add value to their business.

by: Investopedia

Small Business Owners Say Taxes Are Their Biggest Worry

The NFIB Small Business Optimism Index increased for the first time this year, but taxes and uncertainty remained a concern as worries over inflation faded.

by: CNN

Former local news anchor sues rival station for defamation over report he says portrayed him as a 'child predator' | CNN Business

A former local news anchor in Shreveport, Louisiana, has sued a rival station for defamation, accusing it of engaging in "character assassination" after it ran a report he says portrayed him as a "child predator."

by: CNN

ChatGPT was down for some users | CNN Business

Popular AI chatbot ChatGPT is experiencing degraded performance after a partial outage on Tuesday, according to parent company OpenAI and the website Downdetector, which tracks outages of major web services.
  • Wed, June 11, 2025

by: WHIO

Busy street closed after rollover crash in Dayton

Officers closed a busy street following a rollover crash in Dayton early Wednesday.

by: Forbes

How Entrepreneurs Can Successfully Apply For Small Business Grants

Grants have become a key solution, offering an alternative to traditional funding pathways. Here is how to make an outstanding application for small business grants

by: MassLive

Contractors, business owners raise alarm over city's new wetlands ordinance

A group of area contractors, developers and business owners, alerted by land consultant Rob Levesque of R. Levesque Associates, urged the Westfield City Council to revisit the changes made recently to the city's wetlands ordinance by the Conservation Commission that they claim will take thousands of acres of developable land off the map.

by: BBC

Inquest into business park fire deaths opens

Firefighters Jennie Logan and Martyn Sadler, and father-of-two Dave Chester, died in the blaze.

by: WJZY

Business Analyst: UN sounds alarm after report links falling birthrate to this issue

Chief Business Correspondent Taylor Young details a new report showing how financial constraints are playing a major role.

by: Impacts

5 Best PDF Remediation Tools Every Finance Team Should Know

Comparing tools for creating accessible PDFs and their performance in ensuring accessibility for individuals with disabilities.

by: MinnPost

New murals will beautify Lake Street and support small businesses

The 34 murals on Lake between Nicollet and 30th Ave. S. in Minneapolis are part of the $8 million "Lake Street Lift" initiative.

by: Reuters

Brazil's finance minister urges lawmakers to back economic agenda

BRASILIA (Reuters) -Brazil's Finance Minister Fernando Haddad said on Wednesday the country needs to push ahead with measures under consideration in Congress to ensure the current growth cycle in Latin America's largest economy is sustainable. Haddad made his remarks during a hearing in the lower house of Congress after Speaker Hugo Motta said earlier on Wednesday the government's proposal to roll back a controversial tax hike on some financial transactions faces resistance from lawmakers. On Sunday, Haddad proposed offsetting the revenue loss from the scaled-back financial transactions tax with higher taxes on online betting, private credit instruments and financial institutions.

by: Fortune

How software giant Workday got 79% of its employees to embrace AI

Workday wanted workers to embrace AI but quickly discovered barriers to adoption. Here's how the business software giant changed minds.

by: ESPN

Can Amtrak's busy Northeast Corridor handle 2026 World Cup?

The congested stretch from Boston to Washington, D.C., already is beleaguered by breakdowns and spotty service.

by: CNBC

Small business accounting: 10 terms you need to know

These are the 10 essential accounting terms every small business owner should know to confidently manage finances and track expenses.

by: CNN

Jamie Dimon: The economy could 'deteriorate' soon | CNN Business

JPMorgan Chase CEO Jamie Dimon warned on Tuesday that encouraging economic data could soon turn worrisome as President Donald Trump's tariffs continue to bite.

by: WJZY

Cornelius commissioners unanimously deny Bailey Road business park

CORNELIUS, N.C. (QUEEN CITY NEWS) Residents of a prominent Cornelius neighborhood came out in force Monday night to express concerns over a proposed business park, and their voices were heard. In a project on its second life from 2023, GGW Flex Holdings LLC was seeking a rezoning on 36 acres along Bailey Road for [ ]

by: CNN

The New York Times is changing the recipe behind its iconic Dining brand | CNN Business

The New York Times on Wednesday announced major changes to its iconic Dining beat: the appointment of two co-chief restaurant critics and an expansion into video reviews.

by: Fortune

EXCLUSIVE: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump's pick to lead the Small Business Administration, owns 136,555 shares worth of the company's stock.

by: BBC

Hospitality businesses speak of hopes for Spending Review

Hospitality business owners say they need help now to try and stem the sector's decline.

by: CNN

Starbucks is entering the protein wars with a new topping | CNN Business

Starbucks is dipping its toes in the increasingly growing appetite for protein, with a new topping for its coffee drinks.

by: Fortune

Egg eateries are exploding across the U.S. Now, an egg shortage threatens to upend brunch

Yelp said 6,421 breakfast and brunch businesses opened in the United States last year, up 23% from 2019.

by: CNN

Nintendo Switch 2 sales set a record in four days | CNN Business

Nintendo announced Wednesday that it sold more than 3.5 million Switch 2 consoles, marking a new record for the company.

by: Fortune

Qantas Says Singapore Airport Costs Fueled Jetstar Asia Cut

Jetstar Asia has only been profitable for six out of the 21 years of operation, and the decision to shut it down comes amidst mounting losses.

by: Fortune

Starbucks new CEO says betting on mobile, drive through orders was a mistake

Brian Niccol says: "I think we got confused that mobile ordering could solve the entire business".

by: CNN

Trump's China 'truce' is nothing of the sort | CNN Business

At long last, the United States has reached a trade agreement with China. Again.
  • Thu, June 12, 2025

by: Finextra

New data access bill paves the way for evolution of open banking to open finance

The UK Government has passed the Data (Use and Access) Bill through the House of Parliament, paving the way for expansion of open banking and smart data sharing across multiple business sectors.

by: TechRadar

Many businesses are thinking twice on using AI bots

Companies and customers want to keep humans in customer service

by: CNN

On the Trump Show, the | CNN Business

Welcome back (if you ever left) to the President Trump Show.

by: Fortune

Omaha food plant owner who lost half his workforce in ICE raids says he followed rules for hiring immigrants

Glenn Valley Foods now is operating at about 30% of capacity as the business scrambles to hire more workers.

by: BBC

Parking changes in Ilkley could 'kill businesses'

Bradford Council is urged to scrap plans to remove hour's free parking in Ilkley town centre.

by: Fortune

Exclusive: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent companyKelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump's pick to lead the Small Business Administration, owns 136,555 shares worth of the company's stock.

by: Fortune

From AI to aerospace: Europe's most innovative companies shaping tomorrow

For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.

Colombia to suspend fiscal rule as public finances worsen, source says

BOGOTA (Reuters) -Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a government source told Reuters on Tuesday, amid deteriorating public finances. The fiscal rule, established in 2011 by Latin America's fourth-largest economy, imposes limits on government spending and debt to ensure the long-term sustainability of public macroeconomic stability. The government's Higher Council for Fiscal Policy (CONFIS) met on Monday and authorized the suspension that will increase the South American nation's fiscal deficit from the government's 5.1% target.
Colombia's government has decided to suspend its fiscal rule for the fourth consecutive year to allow for increased public spending aimed at mitigating the effects of social unrest and the economic fallout from the global health crisis. Finance Minister José Manuel Restrepo announced that the suspension, which will last until the end of 2022, is necessary to continue funding social programs and economic recovery efforts. The fiscal rule, which limits the government's deficit and debt levels, was initially suspended in 2019 due to widespread protests and has been extended annually amidst ongoing economic challenges. This decision comes as the country grapples with high levels of poverty and unemployment, exacerbated by the recent global economic downturn.

Read the Full Reuters Article at:
https://www.yahoo.com/news/colombia-suspend-fiscal-rule-public-142752162.html
Like: 👍