The Government has been urged to clarify complex pension credit rules after it emerged that more than £500 million was lost last year through fraud and mistakes – with older Brits unwittingly falling foul of strict conditions around savings and time spent abroad. Pension Credit is designed to top up …
Read More »Trump’s OBBBA delivers significant tax benefits for American homeowners
Rep. Mike Lawler, R-N.Y., criticizes Democrats for their characterization of President Donald Trump’s tax bill and weighs in on Zohran Mamdani’s bid for NYC mayor. The One Big Beautiful Bill Act (OBBBA), recently signed into law, contains some measures that will help American homeowners. The piece of legislation officially became …
Read More »UK households can get £4,331 DWP payment with ‘35 hours rule’ | Personal Finance | Finance
UK households can get £4,331.60 per year from the Department for Work and Pensions (DWP) if they meet a ‘35 hours’ rule. The DWP provides a weekly payment of £83.30 to people who look after someone else for at least 35 hours per week. So if you help someone out …
Read More »Atlanta Fed chief downplays Trump-Powell drama, focuses on economic data
Federal Reserve Bank of Atlanta president Raphael Bostic weighs in on when we may see rate cuts and the inflation issue on ‘The Claman Countdown.’ During an appearance on “The Claman Countdown” with Liz Claman, Raphael Bostic, the President and CEO of the Federal Reserve Bank of Atlanta, provided some …
Read More »ISA and pension alert as millions ‘missing out on thousands of pounds’ | Personal Finance | Finance
Millions of savers in their fifties and sixties could be short-changing themselves by thousands of pounds by continuing to favour ISAs over pensions, new analysis reveals. Nearly 4 million people aged 55 to 64 have ISAs worth an average of just over £40,000 – but many could significantly boost their …
Read More »Labor Secretary: H-2A visa program to be faster, more affordable for farmers
FOX Business correspondent Edward Lawrence has the latest on the Labor Department’s new migrant visa program ‘The Bottom Line.’ Labor Secretary Lori Chavez-DeRemer said the H-2A migrant visa program that is being consolidated under her department allows American farmers and ranchers to have access to the workforce they need, noting …
Read More »Universal Credit claimants ‘caught in 5 week trap’ with no payments | Personal Finance | Finance
An MP has voiced concerns that some Universal Credit claimants are “caught in a trap” waiting weeks to get their payment. MPs were in the Commons this week debating welfare spending, after a bill was approved by MPs in recent days bringing in key changes to Universal Credit. The DWP …
Read More »Meta knowingly used pirated books for AI training, Senate hearing reveals
Sen. Josh Hawley, R-Mo., questions whether Meta overstepped copyright laws when it pirated works from authors to improve its AI functionality. Sen. Josh Hawley, R-Mo., called out artificial intelligence companies like Meta for their alleged role in taking more than 200 terabytes of published works from authors without paying them …
Read More »What Rachel Reeves’ ‘risky’ mortgage move means for your house price | Personal Finance | Finance
Rachel Reeves has backed a significant change to mortgages which will enable more money to be borrowed and hopefully get more people on the property ladder. However, it is said there are concerns the move could drive up prices and make homes less affordable. Under the changes, more mortgages will …
Read More »Trump admin cuts $4 billion from California high-speed rail project
Trump gets set to defund California’s high-speed rail California’s embattled high-speed rail project suffered a major setback after Transportation Secretary Sean Duffy announced the termination of $4 billion in unspent federal funding by the Federal Railroad Administration (FRA). Citing 16 years of failure, no completed high-speed track, and escalating costs, …
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