Business

Rep. Dan Meuser, R-Pa., discusses the partnership between U.S. Steel and Tokyo-based Nippon Steel and whether DOGE can meet its savings goal on ‘Making Money.’ President Donald Trump said Friday he’ll double tariffs on steel from 25% to 50%. “We are going to be imposing a 25% increase. We’re going …

In casual terms, pension clawback is when your workplace pension is cut by a set amount once you reach state pension age. This mechanism allowed employers to recoup some pension contributions when the employee began receiving their state pension, back when the welfare system was first starting up. Some companies …

President Donald Trump touted a new U.S. Steel–Nippon partnership during a rally with steelworkers in West Mifflin, Pa., on Friday, promising a return to “made in Pennsylvania.” Speaking at a U.S. Steel plant in Pennsylvania on Friday evening, President Donald Trump touted his administration’s economic successes and promoted the “big, …

State pensioners have been warned of the possibility of paying tax on their payments following April’s £470 annual increase. Finance expert Shimeon Lee from the TaxPayers’ Alliance cautioned that due to the Triple Lock and a freeze in tax thresholds, a significant number of older Britons might be hit with …

JPMorgan Chase CEO Jamie Dimon weighs in on President Donald Trump’s ‘big, beautiful bill.’ As President Donald Trump shows no signs of slowing down his trade agenda, the CEO of American banking giant JPMorgan Chase highlighted what he argued to be the “most important” focus for the Trump administration amid …

Dozens more bank branches are set to close across the UK next month as customers increasingly move towards online banking. NatWest, Lloyds, Halifax and Santander have announced a raft of closures between them, with 77 set to close across the four banking giants.  19 of the closures will be taking place …

According to sources, a stern President Trump took Fed head Jerome Powell to the woodshed yesterday in their Oval Office meeting. Of course, Mr. Trump wants the Fed to lower its target rate. And equally, of course, Powell has stubbornly avoided any policy changes. But you know what? Trump is …

Millions of retirement pots could be left dangerously exposed under controversial reforms that would let firms dip into surplus pension funds, critics have warned. The move would see current rules relaxed to allow employers to extract “surplus” cash from final salary pension schemes. It is claimed the change could release …

Report: 184M+ passwords exposed in data hack; JPMorgan expands with 14 new financial centers; Crafts retailer Joann Fabrics to close all remaining stores. Victoria’s Secret’s website is back online after the retailer had to take it down earlier in the week to deal with a “security incident.”  The lingerie retailer’s …

Dozens more bank branches are set to close across the UK next month as customers increasingly move towards online banking. NatWest, Lloyds, Halifax and Santander have announced a raft of closures between them, with 77 set to close across the four banking giants.  19 of the closures will be taking place …