Business

FOX Business’ Lauren Simonetti reports on Democratic New York City mayoral candidate Zohran Mamdani’s plan to tackle sky-high rent prices.  Billionaire Bill Ackman said Thursday he will back a candidate in the New York City mayoral race to counter the candidacy of New York Assemblyman Zohran Mamdani, an avowed democratic socialist. …

A market leading Cash ISA is currently offering customers £870 interest if they max out their £20,000 limit. Cynergy Bank is offering a one-year fix at a rate of 4.35% AER, making it the best on the market at the moment right now for a fixed Cash ISA. Customers need …

Blue Origin founder Jeff Bezos gave the company’s first all-female crew a pep talk ahead of liftoff. Amazon founder Jeff Bezos and fiancée Lauren Sánchez tapped event planners Lanza & Baucina Limited for their wedding ceremony and reception. The planners are bound to be busy because the high-profile couple, engaged …

Raising the retirement age could be brought forward in a blow to workers. Currently, the state pension age is 66 but is expected to rise to 67 in 2028 and 68 in 2046. But a Government review published in 2023 suggested the rise to 68 should be brought forward to …

The “One Big Beautiful Bill Act” will include funds to overhaul air traffic control technology, which the CEOs are publicly backing. (Credit: United States Department of Transportation)  EXCLUSIVE: The CEOs of four major airlines in the United States are vocalizing support for a key provision in the reconciliation bill in …

Pensioners born before 1959 have been urged to contact their bank ‘immediately’ by the Department for Work and Pensions. This alert follows a series of winter fuel payment scams targeting older individuals, spurred by the Labour Party Government’s recent policy reversal. Fiona Peake, personal finance expert at Ocean Finance, said …

Check out what’s clicking on FoxBusiness.com. Bumble Inc. disclosed Wednesday that it will cut its workforce by 30%. The move comes as the dating app company seeks to realign its operating structure to “optimize execution on its strategic priorities,” Bumble said in a Securities and Exchange Commission (SEC) filing.   Approximately …

The Department of Work and Pensions (DWP) has issued a message to everyone getting Personal Independence Payments (PIP) as it confirms some claimants are set to lose handouts following a major ‘4-point change’. The government has announced plans to tighten the eligibility criteria for PIP, the main disability payment in …

 DEA New York special agent in charge Frank Tarentino discusses how foreign cartels are using the United States banking system to funnel money on ‘The Bottom Line.’ A federal judge in Texas granted temporary relief to two small money service businesses operating along the U.S.-Mexico border from having to enforce …

Households across the UK are being urged to submit a meter reading and take a photo of the reading before midnight on Monday, June 30, to avoid overpaying on their bills. Energy bills are set to fall by 7% for households on standard variable tariffs in England, Wales and Scotland …