• Wed, June 18, 2025

by: MassLive

People in Business: June 9, 2025

People in Business

by: Reuters

China's Xiaomi founder expects EV business to turn profitable in H2

China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half of the year, according to a company spokesperson. Xiaomi's loss from its smart electric vehicles, AI and other new projects amounted to 0.5 billion yuan ($69.5 million) in the quarter ended March 31, with its EV revenue reaching 18.1 billion over the same period. Xiaomi will start selling its second EV model YU7 in July.

by: WKRG

Navarre man arrested after note found in business bathroom asking for help: SRCSO

SANTA ROSA COUNTY, Fla. (WKRG) A Navarre man was arrested on May 28 after a note found in a business' bathroom said a woman was being held against her will, according to the Santa Rosa County Sheriff's Office. The SRCSO news release said they were called after someone had found a note in the [ ]

by: BBC

Shrewsbury: Disposable vape ban 'will bring in more business'

One vaping shop says the ban could increase the number of customers coming through its doors.

by: PBS

NJ Spotlight News | Business Report: PPP forgiveness, e-commerce setting records | Season 2020

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.

by: ThePrint

Jana Small Finance Bank Applies to RBI for Universal Banking License

NewsVoir Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank. Show Full Article This strategic move marks a significant milestone [ ]

by: MSNBC

Maddow Blog | On multiple fronts, Trump gives American businesses new reasons to reject his agenda

Those who thought Donald Trump and his White House team would offer a pro-business agenda are now learning how wrong they were.

by: Newsweek

ICE raids venue of Trump's former business rival

The business is owned by Boyd Gaming, which was once considered a competitor to Donald Trump during his time as a casino operator.

by: Forbes

Key Policy Steps Could Ease Social Security's Finances

Social Security faces manageable financial challenges that could become easier if policymakers took meaningful steps in the right direction.

by: WDRB

NIA Center supporters pitch new deal to save west end business hub

The West End Opportunity Partnership will consider spending $2.1 million at a special meeting Wednesday evening to help buy and tear down the building for an affordable housing development led

by: WTVM

Columbus council OKs legal fee payment for city worker cleared in finance probe

The city will pay legal fees for HR Director Reather Hollowell, following a finance probe that ended without charges.

by: WYFF

Upstate restaurant is closing its doors after over 60 years of business

A Spartanburg County, South Carolina, restaurant is closing its doors after over 60 years of business.

by: KHQ

Spokane businesses urge City Council to address homelessness

SPOKANE, Wash. - Spokane business groups are urging the city council to create reforms that would make it easier to address the presence of homeless people near their storefronts.

by: Investopedia

Best Business Owner's Policy Insurance

The Hartford offers top BOP coverage with high limits and bundling discounts according to Investopedia's comparison of 16 insurers based on cost, coverage, and complaints.

by: WBAY

Future of GBCI on Joint Finance Committee agenda Thursday

The fate of Green Bay Correctional Institution could become clearer on Thursday.

by: CNN

Live updates: Apple unveils new 'Liquid Glass' software design and more updates from the WWDC | CNN Business

Apple's developer conference has kicked off and the company is announcing big updates to the iPhone's software, Apple Intelligence and more.

by: AOL

Gap CEO says tariffs, cautious consumers are manageable for business despite profit warning

Dickson has been a constant in Gap, Banana Republic, and Old Navy stores. He has diagnosed habitual issues (clunky website, less-than-cool products, supply chain inefficiencies) that had long plagued the company's performance and stock price.

by: TechCrunch

Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

The Senate Finance Committee's language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.

by: WECT

Small Business Administration visits Wilmington businesses

Since the Trump Administration first announced sweeping tariffs, we've heard from small business owners about the impacts they could face; now the White House is trying to temper those concerns with the help of the head of the Small Business Administration.

by: CNN

No hire, no fire: The worst job market for grads in years | CNN Business

The Class of 2025 faces a daunting assignment: getting hired in today's no-hire, no-fire jobs market.

by: Forbes

5 Things To Consider Before Selling Your Business

Can you sell a small or solo business? Yes. Learn 5 things to consider when selling your business, even if it's tiny, personal, or built around you.

by: ThePrint

16th Finance Commission team arrive in Ranchi on four-day visit to Jharkhand

Ranchi, May 28 (PTI) A high-level team from the 16th Finance Commission arrived here on Wednesday on a four-day visit, an official said. While most members of the 14-member delegation have reached, the remaining ones are expected to arrive by Thursday morning. The team will hold discussions with the Jharkhand government, including Chief Minister, [ ]

by: PBS

NJ Spotlight News | Business Report: More federal funds for rent relief | Season 2022

The state has received an additional $42.7 million in federal funds for rent relief.

by: BBC

Jersey business to hold concert for sepsis amputee

The business hopes to add to the 400,000 that has already been collected.

by: BBC

Poundland founder would have bought business back

Steve Smith says he made an attempt to buy his old firm, but was too late.

by: PBS

NJ Spotlight News | Business Report: Stimulus talks, tax fight, Google lawsuit | Season 2020

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.

by: CNN

How to make the most of the Fed's latest interest rate decision | CNN Business

Still no movement.

by: Forbes

Reimagining Global Business Services: Harnessing AI Agents

The next productivity wave is building momentum, so make sure your people are riding it, not watching from shore.

by: CNN

Want greater financial peace of mind amid the current uncertainty and chaos? Consider doing these 4 things | CNN Business

It's not even April, yet 2025 already has been a lot. Like, a lot.

by: Forbes

Digital Assistants In CX: An Improvement For Businesses And Consumers

The way customers interact with businesses is set to undergo a seismic shift in the second half of the decade.

by: Forbes

Three Potential Steps For Registering Your Business

Registering your business is a fairly straightforward and low-cost process and includes the following areas.

by: CNN

Trump's sons say his new phone will be built in the US. Experts say it looks a lot like a phone from China | CNN Business

Experts are skeptical that a smartphone can be built in the US based on the specifications, price and timeline laid out by Donald Trump, Jr., and Eric Trump when they announced the phone.

by: CNN

Small biz owner: Don't need Trump to 'micromanage' company | CNN Business

Jared Fisher joins The Lead

by: CNN

These Americans are done with Trump. So they're leaving America | CNN Business

The Celluras had only 48 hours to decide if they should uproot their lives in Asheville, North Carolina to move to Morocco with their two youngest children.

by: CNN

Trump's tariff fallout? It's worse than we previously thought, says OECD | CNN Business

President Donald Trump's trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

by: CNN

If the Fed lowers interest rates this year, it'll likely be because of bad news. Here's why | CNN Business

Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say.
  • Thu, June 19, 2025

by: HousingWire

'Feelings-based recession': More Americans fearful of finances

The TransUnion survey found that 32% of consumers report being pessimistic about their household finances over the next 12 months.

by: VideoGamer

This ESSENTIAL Football Manager mod finally fixes the game's hilariously broken finances

Ever looked at Football Manager and thought, "those finances are whack"? Well, this essential new mod fixes all of those issues.

by: Fortune

New grads are flocking to finance careers. Here's how employers can win top talent

"This position of privilege for the finance industry should not be taken for granted," says Margaret Franklin, CEO of CFA Institute.

by: Impacts

Blackcat Company: A Modern Fintech Solution for Global Personal and Business Finance

The Blackcat Company, operating under the brand name Blackcatcard, is a European fintech firm founded in 2019. It is structured as an

by: BBC

Shropshire businesses thriving as heatwave looms

Businesses say the hot weather is attracting more customers, with garden furniture being popular.

by: KTXL

Sacramento County Grand Jury releases startling report on Isleton Finances

(FOX40.COM) A Sacramento County Grand Jury has released new findings on the city of Isleton's "significant financial mishandlings and longstanding failure to govern effectively". The report found that councilmembers ignored their code of conduct, failed to uphold the high standards expected of elected officials, and neglected to adopt budgets or conduct audits of city [ ]

by: WJHG

Ms. Newby's celebrates 50 years of family business

This weekend marks the 50th year of business for Ms. Newby's on Thomas Drive.

by: Patch

Busy Tennis Tournament Weekend For Hartford/Tolland County Schools

A nasty rainstorm wiped out most scheduled state tournament competition Saturday, forcing many area teams to play on Sunday.

by: CNN

Dow sinks 800 points as bond market starts to freak out over Trump's tax bill | CNN Business

Stocks, bonds and the dollar fell on Wednesday as concerns mount about the premier status of American assets.

by: BBC

Willenhall roadworks devastating local businesses

A number of roads in Willenhall are under construction, causing congestion in the Wolverhampton area.

by: Reuters

New gold loan rules to reshape lenders' business models: S&P Global Ratings

S&P said that gold-loan specialists like Muthoot Finance and Manappuram Finance will likely face the steepest adjustments.

by: Forbes

7 Personal Finance Best Practices You Need To Start Today

Mastering personal finance is an essential life skill. This article discusses 7 crucial tips that can help you achieve financial success.

If the Fed lowers interest rates this year, it'll likely be because of bad news. Here's why | CNN Business

Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say.
The Federal Reserve decided to maintain the current interest rates at its June meeting, keeping the federal funds rate at a range of 5.25% to 5.5%. This decision reflects the Fed's ongoing efforts to balance inflation control with economic growth, as inflation has shown signs of cooling but remains above the target of 2%. Fed Chair Jerome Powell emphasized that the central bank is prepared to adjust rates if necessary, but for now, they will continue to monitor economic indicators closely. The decision was widely anticipated by market analysts, who noted that recent economic data suggests a cautious approach is warranted. Powell also highlighted the strength of the labor market and consumer spending, indicating that the economy is performing well despite the high interest rates.

Read the Full CNN Article at:
https://www.cnn.com/2025/06/18/economy/fed-rate-decision-june

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