Mark Mahaney, Evercore ISI’s senior managing director, analyzes Amazon’s earnings and explains why he raised his Meta price target on ‘Varney & Co.’ Amazon is issuing refunds to some customers for returns sent back to the e-commerce giant, and some were returned years ago. The refunds are being offered after …
Read More »M&S shoppers urged to be on ‘high alert’ after cyber attack | Personal Finance | Finance
As the M&S cyber incident continues to impact services, shoppers have been urged to check up on their cyber security and look out for bogus messages. The shop chain has confirmed the some customer details were taken in the cyber attack, such as email addresses and online order histories. Customer …
Read More »Memorial Day 2025: Drivers to benefit from 4-year low gas prices
U.S. Energy Secretary Chris Wright discusses Japan’s plans to increase imports of U.S. LNG on ‘The Claman Countdown.’ Gas prices heading into the Memorial Day weekend hit a four-year low as millions of Americans prepare to hit the road. When adjusting for inflation, the average U.S. retail gasoline prices going …
Read More »Panic as families face new £500k tax sting after Rachel Reeves changes | Personal Finance | Finance
Family businesses could face inheritance tax bills of more than £500,000, new analysis has found. Following Rachel Reeves’ tightening the rules on inheritance tax, businesses could be subject to an average death duty of £547,000, according to analysis by tax firm Saffery. Rachel Reeves’ announced in her October Budget that …
Read More »Mortgage rates rise to 6.86%: Freddie Mac
Federal Housing Finance Agency director Bill Pulte explains how President Donald Trump is making home ownership affordable again on ‘Making Money.’ Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate …
Read More »Martin Lewis urges Brits to do 1 thing now to ‘save massively’ on energy bills | Personal Finance | Finance
Martin Lewis has issued crucial advice to Brits to save money on their energy bills. The money-saving expert has urged consumers to “fix energy bills today”, instead of staying on a variable rate. He warned of “global economic changes” to come, which could cause bills to soar in the future. …
Read More »Walmart to cut about 1,500 jobs from corporate workforce
BNY Wealth CIO Sinead Colton Grant looks at the financial landscape of the economy on ‘The Claman Countdown.’ Walmart – the nation’s largest private employer – is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts. Walmart …
Read More »DWP pension update as 180,000 women owed thousands of pounds | Personal Finance | Finance
More than 180,000 women are still owed thousands of pounds in unpaid pensions after the Department for Work and Pensions failed to send them the money. Just 12,379 victims of the underpayment scandal have been identified after five years – leaving an estimated 180,000 people still waiting for payments of …
Read More »Trump, OpenAI secure first international Stargate AI deployment in UAE
Constellation Research founder Ray Wang discuses the amount of foreign investment going into A.I. and quantum computing on ‘Making Money.’ The U.S. and United Arab Emirates (UAE) are taking their artificial intelligence collaboration a step further, with the announcement of an international Stargate deployment. OpenAI revealed on Thursday that President …
Read More »Rachel Reeves blow as borrowing costs highest since financial crisis | Personal Finance | Finance
Just about everything is going wrong for our beleaguered Chancellor. She’s been humiliated by the Prime Minister, who publicly reversed her decision to axe the winter fuel payment for 10 million pensioners. Now she’s under pressure from deputy PM Angela Rayner, who is pressing for sweeping tax hikes and no …
Read More »