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 …
Read More »HMRC issues terrifying update as 100,000 UK taxpayers have accounts frozen | Personal Finance | Finance
HM Revenue and Customs (HMRC) has issued a terrifying update to roughly 100,000 Brits after the Government lost £47m when evidence of “ogranised crime phishing” was detected in their accounts. Taxpayers affected by the fraud sting will receive letters between today and the end of June, which will prompt them …
Read More »Trump tax bill would cut $3.7T in taxes, add $2.4T to national debt, CBO says
The Trump administration bid farewell to Elon Musk, who spent months heading the Department of Government Efficiency with the goal of slashing government spending. (X/@realdonaldtrump) President Donald Trump’s “Big, Beautiful Bill” would cut taxes by $3.7 trillion while adding $2.4 trillion to the national debt, the Congressional Budget Office (CBO) …
Read More »Winter fuel payments blow as not all state pensioners will get £300 after change | Personal Finance | Finance
More state pensioners will get a winter fuel payment of £200 to £300 this winter, the government confirmed today. But the news is not good for all state pensioners after Chancellor Rachel Reeves confirmed that the change isn’t a full u-turn to restore the payment to universal payments as it …
Read More »Billion-dollar teams Oilers and Panthers face off in Stanley Cup finals rematch
NHL commissioner Gary Bettman discusses the impact of tariffs on teams on ‘The Claman Countdown.’ The Stanley Cup finals start Wednesday evening, pitting two billion-dollar teams – the Edmonton Oilers and the Florida Panthers – against each other in a best-of-seven series in a rematch of last year’s finals, which …
Read More »British pensioners considering retirement abroad issued £70k warning | Personal Finance | Finance
British pensioners considering retirement abroad could miss out on nearly £70,000 in state pension payments over 20 years, new research shows. The triple lock, introduced by the Conservative–Liberal Democrat coalition Government in 2010, ensures that the state pension rises each year by the highest of three measures: 2.5%, inflation, or …
Read More »Uber expands Senior Accounts nationwide as rideshare giants target older riders
Evercore ISI Senior Managing Director Mark Mahaney provides his outlook on ridesharing stocks and reveals his target price for Uber. Rideshare giants Uber and Lyft are racing to capture a new segment of riders: seniors. Both companies, in recent months, have been testing their own services tailored toward seniors that …
Read More »Many Nationwide customers to get up to £759 for free | Personal Finance | Finance
Many Nationwide members could be up to £759 better off down the line just by moving some money into a new account – and leaving it there. The world’s biggest building society has this week let its many customers know of an exclusive deal they may want to take up. …
Read More »Judge blocks Florida social media law restricting youth accounts
Podcast host Michele Tafoya discusses the impact of social media use on children as TikTok is restored on ‘Making Money.’ A federal judge has granted a preliminary injunction against Florida’s HB 3, a law regarding youth and social media accounts. Chief U.S. District Judge Mark Walker in Tallahassee says in …
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