Business

Jason Katz, UBS managing director and senior portfolio manager, analyzes the stock market after Moody’s credit rating downgrade on “Varney & Co.” Moody’s Ratings on Friday announced a downgrade of the U.S. government’s credit rating, moving it down a notch from the ratings agency’s top tier amid concerns about the …

Lloyds Bank has issued a savings account update which could be bad news for customers. The bank, which has a net income of £4.4 billion, informed customers this morning of the change through a message in their app. The message warned that “the interest rate on your savings account is …

U.S. Agriculture Secretary Brooke Rollins explains why the U.S. rejected Mexico’s request for water delivery, the impact on farmers and whether the president’s latest order will affect the USDA lunch program during a wide-ranging interview. The California Avocado Commission (CAC) is urging the Trump administration to take actions to help …

Brits’ household energy bills look set to fall by about 7% in July in a boost for customers of providers such as British Gas, EDF, OVO and Octopus. In their latest forecast, experts at Cornwall Insight predict the typical household energy bill should fall by £129 to £1,720 per year …

Erin Witte, director of consumer protection for the Consumer Federation of America, explains why a federal court halted the airline junk fee transparency rule. Hawaiian Airlines is days into implementing a new “no-show” policy that could potentially cause travelers to lose out on money. The airline put the policy in …

Money Saving Expert Martin Lewis is urging 800,000 people to claim ‘free money’ as soon as they can. Martin this week returned on his The Martin Lewis Podcast on BBC Sounds and Spotify with a Childcare Special aimed at helping parents make ends meet. There, he took his listeners through …

White House press secretary Karoline Leavitt said President Trump disagrees with Moodys downgrading the U.S. governments credit rating. Treasury Secretary Scott Bessent downplayed the impact of Moody’s downgrading the U.S. government’s credit rating in an interview on Sunday. Moody’s Ratings on Friday downgraded the U.S. credit rating by one notch, from the …

Brits in their hundreds across the UK have been hit with eye-watering tax bills of nearly £100,000 after fully withdrawing large pension pots, a new analysis shows. Between October 2023 and March 2024, more than 292 individuals fully withdrew pension pots worth £250,000 or more, incurring a minimum tax bill …

SlateStone Wealth’s Kenny Polcari and Key Advisors Wealth Management CEO Eddie Ghabour analyze the state of the economy and whether or not to buy market dips. I’m as worried about runaway government spending and debt as anyone.  But I’ve got to wonder if there possibly could be a more incompetent …

Savings interest rates might be dropping, but regular accounts are still boasting competitive returns. NatWest is one of the top 10 providers offering a deal in this sector exceeding the Bank of England’s Base Rate, and there is no minimum deposit requirement to get started. Regular savings accounts typically require …