More than eight million people in the UK are set to pay tax on their retirement income this year. Due to a freeze on Personal Allowance many pensioners will be taxed on a certain amount of cash until at least the start of 2028 The Department for Work and Pensions …
Read More »Personal finance expert tackles ‘widespread’ financial misconceptions
Personal finance expert and ‘The Ramsey Show’ co-host Rachel Cruze discusses the reasons why Americans are retiring sooner than planned and how to save for a comfy retirement. Managing one’s finances can be challenging, especially when faced with conflicting – and often wrong – information fed to people, especially on …
Read More »State pensioners face cut to pension if they make one mistake | Personal Finance | Finance
State pensioners across the UK face a major cut to their pension savings if they make one mistake. When stashing away money for your retirement, it’s best to start saving as early as possible to give yourself longer to build up a decent cash pot to allow you to retire …
Read More »Jasmine Crockett suggests Elon Musk is ‘right’ to slam Trump-backed measure
Economists Steve Moore and EJ Antoni weigh in on President Donald Trump’s work to boost U.S. manufacturing and Elon Musk’s opposition to his ‘big, beautiful bill’ on ‘Kudlow.’ Rep. Jasmine Crockett, D-Texas, a progressive who is no fan of Elon Musk, seized on the business tycoon’s scathing rebuke of the …
Read More »State pensioners set for £1,000 boost after major DWP change | Personal Finance | Finance
State pensioners are in line for a £1,000 boost to their retirement savings each on average thanks to a major pensions change. The Department for Work and Pensions (DWP) has unveiled reforms to combine small pension pots to make it easier for retirees to track their pension savings. The change …
Read More »Trump demands Powell lower rates after weak ADP jobs report
First Trust Advisors chief economist Brian Wesbury discusses the chances of a recession hitting the US economy in 2025 on ‘Making Money.’ President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak jobs data. “ADP NUMBER OUT!!! ‘Too Late’ Powell …
Read More »DfT ‘funding’ update on free bus passes for over 60s in England | Personal Finance | Finance
The Department for Transport has responded to increasing demands for bus passengers in England to receive equivalent assistance as those in Scotland, Wales and Northern Ireland. A rapidly expanding petition on the parliamentary website has garnered 63,000 signatures demanding reforms. As it stands, individuals over 60 in Scotland, NI and …
Read More »AI ETF based on Wedbush analyst Dan Ives’ top picks launches
Wedbush Securities is betting big on the research prowess of top tech analyst Dan Ives with the launch of a new AI-focused ETF. Investing in the next generation of artificial intelligence winners is getting more comprehensive with the launch of a new exchange-traded fund based on 30 stock picks from …
Read More »Huge update for homebuyers with Halifax and Santander | Personal Finance | Finance
Mortgage misery is once again creeping into households as major lenders reverse recent rate cuts. Halifax, Santander and Accord have hiked their fixed mortgage rates in the past 24 hours, signalling a worrying new direction for the market. Experts say the increases – though modest for now – are likely …
Read More »Costco CEO reports ‘very positive’ results from scan-and-go checkout tests
Storch Advisors CEO and former Toys”R”Us and Target executive Gerald Storch reacts to a strong November retail report and explains how industry winners are ‘value-based’ players. Costco has been testing checkout technology it hopes will speed up the checkout process, something members rank as one of their significant concerns with …
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