Business

A member of a religious order says the election of Pope Leo XIV may bring Americans back to church. Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow of poverty? Leo is the first American pontiff in history. And U.S. citizens, no matter where …

Federal Reserve Chair Jerome Powell discussed how the central bank’s policy framework could adjust to more volatile inflation and more frequent supply shocks. (Credit: Bloomberg) U.S. consumer sentiment continued to decline in May as Americans’ expectations about future inflation rose and concerns persisted about the effect of President Donald Trump’s tariffs. …

Nationwide has confirmed it has lowered its stress rates from 0.75 and 1.25 percentage points, meaning applicants can borrow more. This is the case whether first-time buyers, moving up the property ladder, or remortgaging. From today, Friday May 16, applicants will be able to borrow an extra £28,000 on average. …

Fox News contributor Gerry Baker discusses whether President Donald Trumps tariffs get in the way of tax reform on Varney & Co. Moody’s Ratings on Friday announced that it downgraded the U.S. credit rating by one notch due to persistent fiscal deficits that it sees as likely to deteriorate in …

A fresh online movement is calling on Chancellor Rachel Reeves to reinstate the annual Winter Fuel Payment for all pensioners receiving the Basic State Pension. With around 13 million residents of State Pension age in the UK, nearly 9 million were eligible for this contributory benefit prior to April 6, …

The GOP must be growthier.

Half a million pensioners have received a weekly boost to their state pensionfrom April this year. The increase means an additional 25p per week will be paid to those born in 1944 or earlier who receive the state pension. The small amount adds up to £13 a year for recipients. …

FTC director of public affairs Douglas Farrar reacts to Albertsons suing Kroger after a judge ruled against the grocery merger on ‘The Big Money Show.’ Shoppers at some Kroger-owned grocery stores have reportedly been paying full-price for items inaccurately labeled as discounted by out-of-date shelf price tags. Consumer Reports, The …

The government released a financial update today (May 16) targeting thousands of people in the UK, informing them that ‘refunds are still available’. So far, letters have been sent to 5,000 people eligible for a refund. About 1,000 responses have been received, and up to £65,000 has been reimbursed since …

‘The Big Money Show’ talks DEI policy in corporations as Costco continues its resistance while Disney reportedly is rolling back efforts. Costco has started letting U.S. customers pay for large online purchases with buy now, pay later through a new partnership with Affirm. The new online payment option for U.S. …