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 …
Read More »Bank warning issued to anyone with £10,000 in savings | Personal Finance | Finance
Millions are missing out on hundreds of pounds a year in interest by making a costly mistake – leaving large sums of money idle in their current accounts. New analysis reveals that some 8.3 million current accounts in the UK hold £10,000 or more, yet a staggering 80% of these …
Read More »Ricky Stenhouse Jr. to race American flag-themed car for Hulk Hogan’s beer brand
Check out what’s clicking on FoxBusiness.com. The red, white and blue will be traveling 400 miles this weekend in Michigan, all thanks to Ricky Stenhouse Jr. The Hyak Motorsports racer will be representing Hulk Hogan’s Real American Beer on his No. 47 Chevrolet on Sunday at Michigan International Speedway for the …
Read More »Portugal airports face delay meltdown as ‘new system’ is blamed | Personal Finance | Finance
Holidaymakers have reportedly faced severe delays at Lisbon Airport, with local Portuguese press reporting wait times of over two hours just to present documents and gain entry into the country. According to Portuguese broadcaster Sic Noticias, similar delays were experienced by travellers last week, with some waiting more than three …
Read More »OMB director warns of recession if Senate fails to pass Trump’s bill
‘Making Money’ host Charles Payne discusses the implications of President Donald Trump’s tax bill on the U.S. economy. The U.S. will face a recession if the Senate fails to pass President Donald Trump’s One Big Beautiful Bill Act, Office of Budget and Management (OMB) Director Russell Vought warned Wednesday. “We’ll …
Read More »You may be paying BBC TV licence fee for no reason – check if you can cancel | Personal Finance | Finance
In the age of Netflix, catch-up TV and on-demand viewing, the good old TV licence can feel like a leftover from another era – and in many ways, it is. First introduced in 1946 to fund the BBC, which was then the UK’s sole broadcaster, the idea was to keep …
Read More »Amazon to invest $10B in North Carolina AI data centers
Arm CEO Rene Haas discusses Big Tech pledging billions for AI on ‘The Claman Countdown.’ Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding its artificial intelligence and cloud computing technology capabilities. The move, announced Wednesday, is its latest attempt to compete with rivals …
Read More »Exact date all state pensioners will start paying tax after Triple Lock change | Personal Finance | Finance
All state pensioners will have to start paying Income Tax on a specific date in the future even if they have no other income, thanks to Triple Lock changes which increase the amount everyone on the state pension will get. Every year, the government is mandated to increase the amount …
Read More »Dollar General attracting more higher-income shoppers amid economic concerns
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. Dollar General is luring in more higher-income households as shoppers tighten their spending amid growing concerns around the economy. CEO Todd Vasos told analysts …
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