Business

The government has confirmed new DWP Universal Credit rules will be put in place as part of wide-ranging reforms to welfare benefits, especially those targeting sickness and disability. In its newly unveiled Universal Credit and Personal Independence Payments Bill, the government has set out changes to several aspects of benefits …

Whirlpool CEO Marc Bitzer joins ‘Mornings with Maria’ to explain why he supports President Donald Trump’s steel tariffs and how closing trade loopholes could strengthen America’s steel industry long-term. The CEO of one of America’s largest manufacturing and appliance companies detailed going “big” on its investments in the U.S. economy …

Millions of people are in receipt of certain benefits that help them to manage the cost of living in the UK. New data from millions of low-income households highlights the ongoing challenges in the UK’s economic landscape. Around 24 million people across the UK are now receiving some form of …

Check out what’s clicking on FoxBusiness.com. The National Transportation Safety Board (NTSB) issued an urgent safety recommendation Wednesday to modify jet engines on Boeing’s 737 Max airplanes to prevent smoke from entering the cockpit or cabin in certain scenarios. The warning comes after two incidents involving Southwest Airlines planes equipped …

Millions of Brits claiming Universal Credit are set to receive higher payments as part of new Government proposals. However, the same law will involve cuts to key health-related benefits, which has caused concerns. The Universal Credit and Personal Independence Payment Bill, published on Wednesday, June 18, noted changes that will …

Check out what’s clicking on FoxBusiness.com. Seven people were charged with carrying out a 2022 jewelry heist that officials say was the “largest” in American history.  The theft took place in California in July 2022 when a Brinks truck moving a large amount of jewelry from a trade show stopped …

Thousands of Brits are calling for pension payments to be exempt from being taxed. An online petition demanding that State Pension payments be disregarded as income for the personal tax allowance has garnered over 6,700 signatures. The personal tax allowance has been frozen at £12,570 since the 2021/22 financial year …

Home Depot co-founder Ken Langone evaluates the state of the U.S. economy and addresses the current political landscape during an exclusive interview on ‘Special Report.’ The nonpartisan Congressional Budget Office (CBO) released a new dynamic analysis that found Republicans’ “big beautiful bill” would raise budget deficits by over $300 billion more …

The Monetary Policy Committee (MPC) will meet today to decide whether to change the Bank of England Base Rate. Most experts predict the MPC will hold interest rates at 4.25% after sticky inflation figures and an uncertain economic outlook. The base rate significantly impacts the cost of mortgages and loans, …

Check out what’s clicking on FoxBusiness.com. The Buss family has reportedly entered an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the chairman and controlling owner of the Los Angeles Dodgers. The deal is reportedly valued at $10 billion, which is by far the most …