U.S. Labor Secretary Lori Chavez-DeRemer reacts to a positive April jobs report and breaks down where American careers are booming. The Trump administration is reportedly feeling good after a better-than-expected April jobs report, as Labor Secretary Lori Chavez-DeRemer claims this marks the beginning of a new golden age. “With President …
Read More »Refugee benefit claims skyrocket to £1.1bn but what exactly are they getting? | Personal Finance | Finance
Staggering new figures revealed £1.1billion of Universal Credit was paid last year to households with at least one claimant who is a refugee. It marks a 33% increase from 2023 and the first time this figure has breached £1billion. The DWP also highlighted that currently the proportion of claimants from …
Read More »Jeff Bezos selling Amazon shares worth nearly $5 billion
Evercore ISI senior market strategist Mark Mahaney analyzes Booking Holdings and Amazon on ‘Varney & Co.’ Jeff Bezos will offload up to 25 million Amazon shares, according to a new Securities and Exchange Commission (SEC) filing. Amazon said Friday in its quarterly report filed with the SEC that its billionaire …
Read More »Martin Lewis says Brits with ‘perfect credit score’ may still be rejected loans | Personal Finance | Finance
Martin Lewis has explained why having a perfect credit score doesn’t always guarantee that you’ll be accepted for credit. The Money Saving Expert founder explained all on his BBC 5 Live podcast. The money guru shared a clip on X alongside the message: “Why even a perfect Credit Score doesn’t …
Read More »Trump calls on Federal Reserve to cut interest rates after strong US jobs report
Azoria CEO James Fishback discusses whether President Donald Trump has the constitutional right to remove Federal Reserve Chair Jerome Powell on ‘Making Money.’ President Donald Trump on Friday once again called on the Federal Reserve to lower interest rates. Trump cited lower gasoline and grocery prices and strong employment numbers. …
Read More »Major supermarket chain with over 200 stores in UK launches new membership scheme | Personal Finance | Finance
Central England Co-operative, which operates over 200 food stores across the UK, is set to overhaul its current loyalty programme by launching a new cashback-style membership scheme in June 2025. The move marks a significant shift from its traditional member-pricing model and is expected to affect thousands of customers. Rather …
Read More »Trump ends $800 tariff loophole used by Chinese e-commerce giants
President Donald Trump speaks about the impact of U.S. tariffs on China. President Donald Trump has today closed a tariff loophole that companies like Chinese e-commerce giants Shein and Temu have been using to sell cheap goods into the U.S. tariff-free – which will likely impact prices on U.S. consumers. …
Read More »DWP update on extensive powers to fight benefit fraud | Personal Finance | Finance
The Department of Work and Pensions (DWP) is poised to gain increased authority to recoup funds directly from the bank accounts of fraudsters, following a significant progression in the House of Commons this week. The Public Authorities (Fraud, Error, and Recovery) Bill, which has passed its Third Reading, could empower …
Read More »Business owner tests whether customers will pay for ‘Made in USA’
Entrepreneur Ramon van Meer offered customers a choice between a foreign-made product, or the same item made in the U.S. at a much higher cost. The results were overwhelming. An entrepreneur facing skyrocketing costs due to tariffs conducted an experiment to see whether customers would voluntarily pay more for a …
Read More »United Trust Bank offers new ‘excellent’ 4.25% interest rate on Cash ISA | Personal Finance | Finance
United Trust Bank has changed the interest offered on its fixed Cash ISA to 4.25%. While this reflects a rate drop, the account has earned an “excellent” Moneyfactscompare rating for maintaining a competitive position in the market. Savers can launch the one-year fix with a minimum deposit of £5,000, and …
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