FOX Business’ Gerri Willis speaks to STI Fabrics CEO Sean Gibbons about opportunity coming from the move on ‘The Big Money Show.’ Trade tensions are hitting home for American furniture manufacturers. While 52% of the U.S.’ $1.9 trillion in domestic furniture sales come from goods made in America, many companies …
Read More »Best savings accounts and Cash ISAs for May paying up to 7.5% interest | Personal Finance | Finance
Savers must act quickly to secure higher interest rates as returns continue to fall. Research from Moneyfactscompare shows a downward trend in savings rates following the Bank of England’s base rate cut in February, with easy access accounts now averaging 2.78%. However, some providers are still offering up to 7.5% …
Read More »Bessent: US has yet to kick off trade negotiations with China
U.S. Treasury Secretary Scott Bessent on the ‘win-win’ minerals deal with Ukraine, pushing for a trade deal with China and tariff ‘clarity,’ President Donald Trump’s tax cuts and other top legislative topics. The U.S. has not yet kicked off trade negotiations with China, as both Washington, D.C., and Beijing have …
Read More »The Crusader – Relieved driver gets green light to end £27,000 loan | Personal Finance | Finance
The BMW sports coupe had been just what a driver had been looking for, but plagued by faults since he bought it second hand had left him shouldering a big debt and going nowhere. With a loan contract that committed him to paying £546.79 a month for four years, Paul …
Read More »Barbie maker Mattel is hiking prices amid U.S.-China tariff war
Martin Capital founder and CEO Rod Martin discusses whether President Donald Trump’s tariffs will result in a new global world order on ‘Making Money.’ Barbie maker Mattel announced it is raising prices on some of its toys and “further reducing reliance on China-sourced products” as the company navigates a “volatile …
Read More »HMRC warning over ISA deposits as ‘tax is payable’ if you make this mistake | Personal Finance | Finance
HMRC has clarified the rules around ISAs as some savers may find they have a tax bill to pay on their savings growth. ISAs come with the benefit that all your interest earnings or investment growth within the account is tax-free – but only up to a limit. A saver …
Read More »Rite Aid keeping customers, employees at forefront during bankruptcy
In 2023, about one independent pharmacy closed every day, and similar numbers are expected for this year according to the National Community Pharmacists Association. Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating …
Read More »Halifax explains £500 limit rule for ISA savers | Personal Finance | Finance
Halifax has clarified its ISA deposit rules after a saver sent in a query about stocks and shares ISAs. The saver asked: “Do you have any minimum limits (for either a one off payment or regular monthly payments) when opening a stocks and shares ISA?” They also said they had …
Read More »DoorDash to purchase UK rival Deliveroo for $3.9 billion
Check out what’s clicking on FoxBusiness.com. DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies announced on Tuesday after resuming negotiations last month. Deliveroo was approached by DoorDash with a 180 pence per share proposal, which was confirmed as the final offer, boosting Deliveroo by about 2% to …
Read More »OVO Energy to offer free electricity every week for 16 weeks | Personal Finance | Finance
An energy firm is offering hours of free electricity to its customers over the summer. In a bid to be more eco-friendly, OVO Energy is providing customers with 34 hours of complimentary energy. Members will receive two free hours of electricity every week until the end of August – a …
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