President Donald Trump answers a reporter’s question about prices and addresses his feud with Federal Reserve Chairman Jerome Powell in the White House. President Donald Trump on Thursday criticized Federal Reserve Chairman Jerome Powell a day after the central bank’s decision not to lower interest rates. “’Too Late’ Jerome Powell …
Read More »WASPI update as three issues seen as vital to compensation payouts | Personal Finance | Finance
WASPI campaigners (Women Against State Pension Inequality) will need three key elements to coalesce if they are to get their long-awaited compensation, a legal expert has warned. The DWP said at the end of last year that there would be no compensation for the women, a decision the campaigners are …
Read More »Toyota says tariffs already impacting business while trying to look ahead
Milken Institute International Chair Curtis S. Chin on the importance of a ‘sustainable’ trade relationship between the U.S. and China and his recent trip to Saudi Arabia, where President Donald Trump will also soon visit. Toyota executives predict President Donald Trump’s automobile tariffs will cost the company $1.3 billion in …
Read More »Millions ‘sleepwalking’ into retirement poverty, warns Scottish Widows | Personal Finance | Finance
More than 15 million are on course for a retirement marked by financial hardship, a major pensions provider has warned. A report by Scottish Widows reveals a worrying rise in the number of people who are not saving enough to afford even the most basic standard of living in later …
Read More »OpenAI CEO Sam Altman will testify before Senate committee hearing on AI
OpenAI CFO Sarah Friar explains how AI is taking center stage at Davos and what the Stargate project means for the macroeconomy. And she details new products for key customers. OpenAI CEO Sam Altman and other leaders of artificial intelligence (AI) technology companies will meet with members of the U.S. …
Read More »Full list of conditions that could entitle you to £110 from DWP weekly | Personal Finance | Finance
The Department for Work and Pensions (DWP) has unveiled new data revealing that nearly 1.7 million elderly people were claiming Attendance Allowance as of the end of August 2024. This tax-free benefit, which is not means-tested, is currently valued at either £73.90 (lower rate) or £110.40 (higher rate) per week. …
Read More »President Donald Trump expected to announce trade deal with UK: report
Sen. Kevin Cramer, R-N.D., and Sen. Bill Hagerty, R-Tenn., break down tariff negotiations under President Donald Trump on ‘Kudlow.’ President Donald Trump is expected to announce a “major trade” deal between the United States and Britain on Thursday, according to a new report. Writing on Truth Social on Wednesday, President …
Read More »Interest rates LIVE: Bank of England urged to make cut to 4% | Personal Finance | Finance
A rate cut helps ease financial burdens on households by lowering borrowing costs. For those with variable-rate mortgages or loans, you might see a decrease in monthly payments. However, it may also lead to lower returns on savings accounts. To help secure better returns for longer, it might be worth …
Read More »WeightWatchers files for Chapter 11 bankruptcy
‘Barron’s Roundtable’ discusses the obesity drug demand, investing in Nike and Delta Airlines’ performance. WeightWatchers, a wellness program once backed by Oprah Winfrey, filed for bankruptcy this week to try and bolster its financial position and ensure its survival in the highly saturated weight-loss market. In filing for Chapter 11 …
Read More »WASPI hopes renewed as little-known factor could force compensation | Personal Finance | Finance
As the WASPI campaigns continues its battle to secure DWP compensation, a legal expert has said a little-discussed factor could help them get payouts. The WASPI campaigners (Women Against State Pension Inequality) have filed for a judicial review of the DWP’s decision not to provide compensation, after the Parliamentary and …
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