Nationwide is facing a Christmas crisis as millions of customers face having no cash over the holiday season as thousands of transactions pend. The reason for this is that the bank is experiencing a technical issue which means transactions across the country are still pending. On Thursday the bank admitted …
Read More »Warner Bros. Discovery CEO Zaslav not ready to make deal for Paramount
FOX Business’ Charlie Gasparino has the details on Paramount’s cash flow problems on ‘The Claman Countdown.’ Warner Bros. Discovery CEO David Zaslav “is not in deal mode” and his conversations about a potential tie-up with rival studio Paramount Global are said to be more exploratory, suggesting the speculation of a …
Read More »Universal Credit: Savings are linked to entitlement to claim benefit worth £500 a month | Personal Finance | Finance
This boost could be provided via the Department for Work and Pensions (DWP) for those claiming Universal Credit. Universal Credit provides low-income Britons with monthly payments to help make ends meet, which can greatly vary depending on their circumstances. As the cost of living crisis continues, this extra cash could …
Read More »Americans expect their finances to deteriorate in 2024 amid still-high inflation
Kai Volatility founder Cem Karsan discusses whether political pressure is affecting Fed Chair Jerome Powell’s decision-making on ‘Making Money.’ Americans are bracing for a blow to their personal finances in 2024 as they continue to battle stubbornly high prices for necessities like food, rent and medical care. That’s according to …
Read More »’Tis the season to fight back against Jeremy Hunt’s tax raids – here’s how | Personal Finance | Finance
Hunt and Prime Minister Rishi Sunak have cast a shadow over Christmases past, present and future by freezing income tax and National Insurance thresholds for six years. The squeeze will continue all the way through to 2028, at which point we’ll be paying an extra £35billion a year in tax …
Read More »GM bought out nearly half of Buick dealers who opted against selling EVs
Copenhagen Consensus President Bjorn Lomborg discusses the electric vehicle push and the costly impact it will have on the U.S. General Motors bought out roughly half of Buick dealers across the U.S. due to their reluctance to sell electric vehicles as the automaker looks to transition to EVs. About half …
Read More »My forecast for next year’s financial winners and losers | Personal Finance | Finance
Annualised consumer price inflation of 3.9 per cent in November is the lowest since September 2021 (Image: Getty) The inflationary surge of the last two years has cast a huge shadow over everybody and everything. Combined with the energy shock, it’s triggered a desperate cost-of-living crisis, that’s left millions facing …
Read More »Jeff Bezos’ Blue Origin successfully carries out first New Shepard flight in 15 months
Check out what’s clicking on FoxBusiness.com Jeff Bezos’ Blue Origin successfully launched its New Shepard rocket Tuesday, its first mission since being grounded in September 2022. The mission, NS-24, seemingly went without a hitch Tuesday morning after a “ground system issue” prompted the aerospace company to delay the launch one …
Read More »Grandparents spend £560 on Christmas gifts but figures show regional divide | Personal Finance | Finance
Grandparents are spending more this year on Christmas gifts for their grandchildren with an average spend of £560 per family. Kind-hearted grandparents are splashing out on average £140.36 on each grandchild, up by £14 compared to last year. With an average of four grandkids to buy for, this adds up …
Read More »Rod Stewart raises price of Beverly Hills mansion to $80 million
The Agency CEO Mauricio Umansky discusses the real estate sector as mortgage rates hit a 28-year low, down 5.7%. Sir Rod Stewart has reason to believe his Beverly Hills mansion is worth a lot more than he was asking for. The “Maggie May” singer initially placed the Beverly Park manor …
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