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 …
Read More »DWP urges pensioners born before 1959 to ‘contact bank immediately’ | Personal Finance | Finance
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 …
Read More »Bumble cuts 30% of workforce, affecting 240 employees amid restructuring
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 …
Read More »DWP issues message to everyone on PIP as claimants lose handouts | Personal Finance | Finance
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 …
Read More »Texas judge blocks Trump border money reporting rule for two businesses
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 …
Read More »Everyone with an energy meter urged to take photo before midnight on Monday | Personal Finance | Finance
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 …
Read More »US first-quarter GDP: Economy shrank 0.5% amid trade policy uncertainty
Apollo chief economist Torsten Slok elaborates on risks facing the U.S. economy on ‘Barron’s Roundtable.’ The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department’s Bureau of Economic Analysis (BEA) released its third estimate for first quarter …
Read More »Martin Lewis urges everyone with a phone to text 5-digit code to slash bills | Personal Finance | Finance
Money expert Martin Lewis is urging people to text a five-digit code to slash their mobile phone bills. The founder of Money Saving Expert returned with a new episode of The Martin Lewis Podcast on BBC Sounds, Spotify, and Apple Music, offering advice to help the 14 million people who …
Read More »Nepo-buyers turn to bank of mom and dad for help in challenging housing market
Related Group CEO Jon Paul Perez and Integra Investments founder and Builders Association of South Florida President Nelson Stabile react to data showing tens of thousands of high-earners fled New York for Florida, bringing their wealth with them. An American housing market “crisis” has some first-time homebuyers turning to the …
Read More »Brutal supertax plan would see UK copy massive EU tax levels | Personal Finance | Finance
Wealthy Brits who want to move abroad could soon be hit with a punishing new tax raid if the government follows a trend seen across other nations. It follows growing calls for an “exit tax” – a one-off charge on the assets of high-net-worth people who quit the UK – …
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