Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers credit card debt is piling up amid a jump in spending. Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on …
Read More »EDF Energy admits ‘this isn’t ideal’ as it issues price warning | Personal Finance | Finance
EDF Energy has issued a price warning to customers starting from today, New Year’s Day. The energy firm updated its advice to its customers over the Ofgem price cap, which is due to rise again on New Year’s Day, the second price hike in a row. The firm admitted ‘we …
Read More »Jeff Bezos, Lauren Sanchez hit the shops while in Aspen, Colorado
Check out what’s clicking on FoxBusiness.com. Jeff Bezos and fiancée Lauren Sanchez did a bit of shopping over the weekend during a trip to Aspen. The engaged couple were seen Sunday in the downtown area of the popular Colorado resort city. While downtown, they paid a visit to the retailer …
Read More ȣ4,278 of freebies and discounts for people on Universal Credit | Personal Finance | Finance
Thousands of people up and down the country claim Universal Credit, the DWP’s catch-all benefit which is slowly replacing various other benefits in order to support people on low incomes. Universal Credit is not just for those out of work, but is also applicable to many working full time on …
Read More »Trader Joe’s to open new stores in 2025
Check out what’s clicking on FoxBusiness.com. Trader Joe’s is expected to open more stores in the coming year. Fans of Trader Joe’s are slated to see a dozen new stores “opening soon,” according to the grocery store chain’s website. FOX Business reached out to Trader Joe’s for comment. A spokesperson …
Read More »State pension could increase to £549 a week as government has to reply | Personal Finance | Finance
State pensioners could see their weekly state pension jump to a whopping £549 per week if a new petition is successful. A petition set up on the government’s petition website already has nearly 10,000 signatures, the amount needed to force government to issue a reply. The campaign is calling for …
Read More »IRS increases contribution limits for 401(k), some other retirement plans for 2025
Trump donor Norm Champ details how the Biden-Harris regulations have been hurting Americans’ retirement funds on ‘The Bottom Line.’ It’s officially 2025 and a good time to reassess your retirement planning. The Internal Revenue Service (IRS), in November, announced that it had increased the amount that individuals can contribute to their …
Read More »Bank offers market-leading easy access savings paying ‘boosted’ 5% interest | Personal Finance | Finance
Digital bank Chase is offering a market-leading easy access savings account with a competitive rate of up to 5% AER, giving savers a financial boost for the new year. The ‘Boosted Rate’ saver has no minimum deposit requirement and features a 1.5% introductory bonus for the first six months. Chase …
Read More »States where minimum wage will rise in 2025
McDonald’s franchise owner Scott Rodrick says his business has experienced cost pressure since California’s minimum wage increase targeting fast-food franchises on Maria Bartiromo’s Wall Street. Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, 2025, which will mean a pay hike for some …
Read More »Reeves and Rayner threaten year of chaos as inflation & recession loom | Personal Finance | Finance
Labour PM Keir Starmer, Chancellor Rachel Reeves and Secretary of State for Housing Angela Rayner look set to wreak yet more havoc on the UK economy. Throw in Energy Secretary Ed Miliband and we might as well have voted the Four Horsemen of the Apocalypse into power. I’m not forecasting …
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