Hundreds of thousands of pensioners have enjoyed an extra boost to their pension – although it’s not much. The Government was asked in Parliament about the 25p-a-week additional amount that goes out to some people on the basic state pension once they reach the age of 80. This means anyone …
Read More »Walmart achieves eCommerce profitability while warning of tariff-driven price hikes
FOX Business’ Gerri Willis reports on how a tariff war between the U.S. and China can impact retail products and companies that move through global markets. Walmart – the nation’s largest private employer – warned of possible price hikes on Thursday given the uncertainty in the tariff environment. “We will …
Read More »Martin Lewis urges people with savings to do one ‘key’ thing today | Personal Finance | Finance
Brits looking to lock their money into a fixed rate savings account should do it “today”, Money Saving Expert Martin Lewis said. The Bank of England cut the base rate from 4.5% to 4.2% last week, and savings providers are usually quick to trim the interest rates they have on …
Read More »Power the Future releases report on what is needed to win AI arms race
A growing number of companies are stepping up to provide logistical help in developing data centers for AI. The U.S.’ artificial intelligence boom and collective need to beat China will not only take the best and brightest minds, but an even more powerful and reliable energy grid free of …
Read More »HMRC tax bill alert with ‘everyone’ urged to act now | Personal Finance | Finance
HM Revenue and Customs (HMRC) took to X on Thursday as it said “everyone can” in a new alert to UK taxpayers. The authority, which is responsible for tax and customs, regularly issues updates, and its latest of these warned people not to get “caught out”. The post reads: “Everyone can …
Read More »401(k) giant Empower to add private market investments to retirement portfolios
‘Making Money’ host Charles Payne discusses whether President Donald Trump’s trade war will result in U.S. isolation. More retirement savers are about to see private markets investments in their portfolios. The 401(k) giant Empower will start allowing private credit, equity and real estate in some of the accounts it administers …
Read More »Nationwide issues update for all customers receiving £50 payments | Personal Finance | Finance
Nationwide Building Society has provided a key update on £50 payment going out to millions of customers. The group has been issuing the payments as a thank you gesture to over 12 million members, after the group acquired Virgin Money. Payments have been going out as direct payments into bank …
Read More »Chinese imports to US hit lowest level since pandemic amid Trump’s 145% tariffs
President Donald Trump announced a 90-day pause in tariffs on China as the two countries negotiate a final agreement. Chinese imports entering the U.S. have dropped to the lowest levels since the pandemic, according to recent census trade data. A report from the Commerce Department showed a record number of …
Read More »British Gas chief issues alert over electricity prices | Personal Finance | Finance
The boss of the British Gas parent company has warned the push for a net zero power grid will not necessarily cut electricity bills. In an intervention, Chris O’Shea, chief executive of owner Centrica, said: “The shift to renewable power will NOT materially reduce UK electricity prices from current levels.” …
Read More »Netflix breaks ground on massive $1B studio in New Jersey
Film producer Bradley Gallo discusses whether President Donald Trump’s tariffs can revive the Hollywood film industry on ‘Varney & Co.’ Netflix has broken ground on its $1 billion “state-of-the-art” East Coast studio in New Jersey as President Donald Trump pushes to have movies made in America. The $1 billion investment …
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