Teamsters launched strikes at seven Amazon facilities, strategically timed less than a week before Christmas, a critical period for e-commerce, FOX 5 NY reports. Thousands of Amazon workers organized under the Teamsters union went on strike at 6 a.m. Thursday after the company’s “repeated refusal to follow the law and …
Read More »Interest rates LIVE: Bank of England holds interest rate again | Personal Finance | Finance
US stocks tumbled to one of their worst days of the year after the Federal Reserve hinted on Wednesday it might inject fewer shots of adrenaline into the US economy next year. The S&P 500 fell 2.9%, just shy of its biggest loss for the year, to pull further from …
Read More »DOJ sues CVS, alleging it filled unlawful prescriptions
FOX Business’ Lauren Simonetti has the details on ‘Varney & Co.’ The U.S. Justice Department (DOJ) filed a civil complaint in federal court alleging CVS Pharmacy filled unlawful prescriptions in violation of the Controlled Substance Act (CSA) and False Claims Act (FCA). The government’s complaint targets the country’s largest pharmaceutical …
Read More »Martin Lewis says avoid tax on savings legally with NS&I Premium Bonds account | Personal Finance | Finance
Martin Lewis’ Money Saving Expert team has told people about a genius way to avoid tax legally using an NS&I Premium Bonds account. NS&I, which runs Premium Bonds in the UK, has launched a savings account which offers fixed term bonds for two or five years, paying interest at 4.6 …
Read More »Shake Shack named as most overpriced fast-food chain
Former CKE Restaurants CEO Andy Puzder gives an industry look inside how fast food companies are trying to keep up with inflation and criticizes Biden’s tax policy. According to a recent study surveying American consumers on fast-food prices, a burger chain came out on top for having the most overpriced …
Read More »Martin Lewis explains how to stay warm this winter without using heating | Personal Finance | Finance
It’s another tough winter this year as inflation goes up, energy bills rise and for state pensioners in particular, the £300 Winter Fuel Payment has been switched to a means testing scheme. While running the heating is definitely the right thing to do if you can afford it, there are, …
Read More »Kevin O’Leary explains why CEOs ‘want to suck up to Trump in a very big way’
‘Shark Tank’ investor Kevin O’Leary discusses how CEOs are amping up their investment in America before President-elect Trump takes office on ‘The Evening Edit.’ From Amazon and Apple to Google and Netflix, the leaders of America’s most well-known companies have been flocking to Mar-a-Lago to meet with President-elect Trump for …
Read More »Rachel Reeves warned she risks ‘taxing the UK out of existence’ | City & Business | Finance
Rachel Reeves has been warned she risks ‘taxing the UK out of existence’ after a string of budget tax hikes caused a mass exodus from the London Stock Exchange. The Financial Conduct Authority (FCA) set out plans for a new private stock market system this week, in an attempt to …
Read More »How Macy’s can turn around its business as department store struggles
President and founder of Nicholas Wealth Management David Nicholas says the U.S. consumer is ‘singlehandedly carrying the global economy on its back’ in spite of inflation on ‘Varney & Co.’ Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger …
Read More »DWP’s £2,323 freeze for people on multiple benefits | Personal Finance | Finance
More money is being paid out in benefits now than at any point since the welfare state began, and everyone will claim them at some point in their lives, whether it’s Universal Credit, the State Pension or Child Benefit. But the government has put a limit on the amount of …
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