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Category: Economy

Renters cut back on FOOD to save a house deposit -...

A quarter of those saving for a deposit say they are cutting back the amount of food they buy, with the same amount saying they ha...

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Senate approves Democratic resolution to block Tru...

The Senate voted on Wednesday to approve a resolution that would block President Trump's tariffs on Canada.

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The Fed cuts rates by 0.25 percentage points amid ...

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

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What does the Fed's interest rate cut mean for you...

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News...

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Job fears speed rate cuts: Bank can give business ...

A go-slow on rate cuts in the US has been a big bone of contention between the Federal Reserve chairman Jay Powell and Donald Trum...

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Next proves 'immune' from gloom as the high street...

Next, which runs around 900 stores, reported a stronger than expected 10.5% increase in full-price sales for the third quarter to ...

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Energy bill standing charges have TRIPLED in six y...

While the cost of energy has fallen, households are spending more than ever spend more covering their suppliers' operating costs a...

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Virgin to challenge Eurostar monopoly as watchdog ...

Virgin Trains is set to launch international services through the Channel Tunnel, bringing an end to Eurostar's more than 30-year ...

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This fixed energy tariff is the cheapest from a ma...

If you prefer big suppliers for your energy, you can currently save £142 annually against the price cap - but you only have three ...

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Apple, Microsoft hit $4T milestone

Microsoft and Apple are now worth over $4 trillion apiece and are helping drive the Dow, S&P 500 and Nasdaq Composite to record le...

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Nvidia launches massive AI push with major partner...

Nvidia announced major AI partnerships with Palantir, T-Mobile, Uber and other companies to advance artificial intelligence infras...

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PayPal partners with OpenAI to allow customers to ...

PayPal becomes first payment platform integrated into ChatGPT, enabling instant checkout for millions of users through new AI-powe...

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Ex-trader files $400M lawsuit against UBS over Lib...

Tom Hayes launches legal action against UBS, seeking $400 million in damages and alleging the Swiss bank made him the fall guy in ...

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Next unveils special dividend for investors as it ...

Next announced it would use surplus cash to pay a £3.10 per share special dividend to investors early next year.

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GSK boss Emma Walmsley bows out as HIV and cancer ...

GSK lifted profit expectations for the year after the pharma group's sales were boosted by bumper demand for HIV and cancer drugs ...

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Tempted by those adverts for electric heaters that...

A British student has designed an electrical heater to 'warm space at 90% less cost than conventional heating methods'.

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The lump sum conundrum: How one pension mistake ha...

Bob Gorman felt forced into taking his pension lump sum early last year - and now feels conflicted because his partner is facing t...

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Cost of car finance scandal could cause 'significa...

The group's chief executive Mike Regnier said current proposals 'could significantly impact jobs, growth and the broader UK econom...

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Senate approves Democratic resolution to block Tru...

The Senate passed a measure that would block President Trump's tariffs on Brazil, after Democrats drew support from a handful of R...

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Airlines feeding air traffic controllers as they m...

Airlines are donating meals to unpaid federal aviation workers during the government shutdown as air traffic controllers missed th...

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Here's what to expect from the Fed's interest rate...

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, econ...

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Why the "no hire, no fire" job market may no longe...

Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.

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FCA mulls slashing IPO timelines to boost UK listi...

UK-based IPOs could see their timelines reduced under proposed changes designed to make London a more attractive place for compani...

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Klarna launches debit cards for British shoppers -...

The buy now pay later firm known for allowing shoppers to split the cost of online purchases, will now cater to customers wanting ...

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Best cash Isa rates 2025: Our pick of the five top...

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money...

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The FTSE is flying but it's no thanks to this Gove...

Ultimately the markets will force a change of direction, either from this Government or more probably the next one.

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Nine financial experts reveal how they're protecti...

As fears of a stock market meltdown continue, it can be hard to decide what to do with your money to keep it safe. So what are pro...

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SMALL CAP IDEA: All is not well in the world of li...

John Scott, the outgoing chair of Bluefield Solar Income Fund, issued something of a rallying cry; a pointed reminder that all is ...

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Klarna launches its debit card to British shoppers...

The firm, which is best known for its credit service allowing shoppers to split the cost of online purchases, will now cater to cu...

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The housing market is facing disaster from a Budge...

Analysts see two major economic threats on the horizon - the nation's ever-increasing debt, and an impending stock market crash.

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Federal food aid will not go out starting Nov. 1, ...

The USDA notice comes after the Trump administration said it would not tap roughly $5 billion in contingency funds to keep benefit...

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CEO Jim Farley on steering Ford through Trump's ta...

Jim Farley discusses the difficulties of tariffs in imported parts, which have cost Ford $2 billion – and may give an advantage to...

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Forget the tricks, Halloween treat prices are spoo...

Halloween is less than a week away. This year, forget the tricks– the treat prices are proving scary. Ali Bauman has more.

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Here's what to expect from the Fed's Wednesday int...

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, econ...

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Why scholars condemn capitalism and lean into soci...

Capitalism is shrinking across American universities as socialism gains in popularity. FOX Business Network's David Asman takes a ...

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Trump pardons convicted Binance founder Changpeng ...

Binance CEO Changpeng "CZ" Zhao has been pardoned by President Donald Trump, a source familiar with the matter confirmed to FOX Bu...

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See inside JPMorgan’s new $3B global headquarters ...

JPMorgan Chase opened a $3 billion global headquarters in New York City as Wall Street leaders worry about the city's economic fut...

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What is the state pension triple lock - and why is...

The triple lock pledge means the state pension should increase every year by the highest of inflation, average earnings growth or ...

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Two major banks CUT mortgage rates as lower inflat...

Two major banks have cut their their mortgage rates on news interest rates could now fall faster than expected.

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Fund bosses warn Chancellor against personal tax r...

Speculation over a fresh tax raid on investors and savers at the upcoming Budget in November is weighing on Briain's financial ser...

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Business guru Deborah Meaden says 'it's not all ab...

Meaden, who has been a vocal advocate of the environment, told This Is Money the rising popularity of the Green Party is 'extremel...

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What to do with your pension ahead of the Budget: ...

It's better to err on the side of doing things that will make good financial sense whatever is announced - here are some sensible ...

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VW puts the brakes on production of beloved Golf a...

The German car giant will pause the Golf assembly line on 29 October as a stand-off over chip supplier Nexperia triggered by the U...

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Rachel Reeves is coming for your savings and inves...

According to reports, savers could see their annual cash allowance slashed and be forced to invest a minimum amount in UK companie...

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Americans may get bigger tax refunds next year, ec...

New tax cuts in the Republicans' "big, beautiful bill" act are retroactive to 2025, which means many Americans may get bigger refu...

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States warn SNAP benefits may stop in November if ...

A lapse in funding due to the shutdown could have a devastating effect on the millions of Americans who rely on the federal food s...

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U.S. debt tops $38 trillion for first time, worsen...

The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.

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Wholesale turkey prices soar ahead of Thanksgiving...

Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.

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Molson Coors to cut hundreds of jobs in restructur...

Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy ...

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One in three older people stumped over what to do ...

A snap poll by shows 17% of 60 to 78-year-olds either have already or intend to put their lump sum in cash savings accounts or Isa...

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You must grab this incredible savings account now ...

A new savings account is looking like an increasingly good deal - but you may have to move quickly if you want to take advantage.

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Here's what experts say the AWS outage reveals abo...

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.

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USCIS clarifies who must pay $100,000 fee for H-1B...

New visa fee for highly skilled foreign workers only applies to new applicants currently living abroad, according to fresh guidanc...

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Beyond Meat, Walmart and a MEME ETF

Walmart and Roundhill Investments MEME ETF created big headlines for Beyond Meat, spiking the stock, which had been left for dead ...

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Best inflation-fighting savings rates: Make your m...

Savers' cash pots have been eroded over the last two years by high inflation, but now 978 savings accounts paying an inflation-bea...

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Evri crowned worst parcel firm for customer satisf...

Delivery company Evri has been again crowned the 'worst' parcel firm in the country, based on customer satisfaction, for the third...

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Rachel Reeves is coming for YOUR pensions, propert...

Fears are mounting that Rachel Reeves will tax those who have diligently worked to build their wealth in her upcoming Budget.

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Dettol and Durex boost consumer goods giant Reckit...

Durex condoms and Dettol products performed strongly in the third quarter, Reckitt said.  The firm said its Durex products sold pa...

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House prices inch up, but flats and London homes s...

House prices are continuing to rise, according to the latest figures from the ONS, but flat and maisonette prices are falling.

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Warner Bros. Discovery signals it may be open to a...

Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into...

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90% of Americans plan to skip the No. 1 piece of S...

Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring t...

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Tariffs are starting to bite consumers and busines...

Economists say the Trump administration's sweeping tariffs on imports are boosting consumer prices in the U.S.

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Stolen Louvre jewels were not insured, French gove...

The French government will not be reimbursed for any losses related to the priceless jewels, according to experts.

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Research: The scams that caught people out most in...

More than seven million Britons fell victim to a scam in the past 12 months, research reveals. These are the tricks that caught th...

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These are the scams that caught people out most in...

More than seven million Britons fell victim to a scam in the past 12 months, research reveals. These are the tricks that caught th...

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Two more car finance lenders question FCA's compen...

Both Bank of Ireland and Secure Trust Bank were also forced to significantly ramp up provisions set aside for compensation.

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How to profit from the investment trusts that REAL...

A recent study found that investors who simply do nothing after making a purchase are often those with the best returns.

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M&S boss urges Rachel Reeves to 'change course' to...

In a stinking rebuke ahead of next month's Budget, Stuart Machin hit out at the Chancellor's 'catastrophic' £25billion increase in...

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Halloween costume prices are rising, but one man's...

As the cost of living continues to rise, so does the price of Halloween costumes. One Texas man is on a mission to ensure every ch...

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Trump signs proclamation imposing tariffs on truck...

The president said last month he would impose a 25% tariff rate on all medium- and heavy-duty trucks imported into the U.S.

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Listeria recall of food included in federal school...

Frozen foods that are served to students as part of the Department of Agriculture's National School Breakfast and Lunch Programs m...

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Stellantis, Whirlpool boosting American manufactur...

This week, Stellantis and Whirlpool became the latest companies to boost their American manufacturing footprints. Stellantis, the ...

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BlackRock’s bragging rights to fastest-growing ETF...

Despite the recent pullback in crypto, BlackRock's digital ETFs are leading the industry as more retail and investment managers ad...

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Halifax and Lloyds go down in internet outage - is...

Major apps have been hit by a massive internet service outage this morning, reportedly affecting Amazon Web Services.

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Volvo's gone from sensible to cool: We review the ...

Volvo is pushing to be the upmarket car maker of choice, embodying countryside cool. Do the XC90 SUV and EX30 Cross Country SUVs h...

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Halifax and Lloyds go down in internet outage

Major apps have been hit by a massive internet service outage this morning, reportedly affecting Amazon Web Services.

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What the rich are doing now to shield their wealth...

What are the wealthy doing this time around to shield their assets from possible tax hikes - and could you learn vital tips from t...

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MIDAS SHARE TIPS: Retail giants that could give YO...

Here are three well-known names that could do well out of the coming period if they play their (Christmas) cards right.

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Opinion: Reeves's failure to cut the benefits bill...

Rachel Reeves may only be attending her second annual meeting of the top IMF and G7 finance ministers. But the Chancellor already ...

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Wealthy pay a heavy price: Reeves's failure to cut...

Rachel Reeves may only be attending her second annual meeting of the top IMF and G7 finance ministers. But the Chancellor already ...

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New Social Security scam features fake U.S. Suprem...

A new scam involves fake letters that appear to be from U.S. Supreme Court Chief Justice John Roberts — but it's a ploy to trick s...

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California restaurant owner says tariffs, inflatio...

The National Restaurant Association says menu prices for U.S. restaurants would need to increase by 30.3% just to maintain a thin ...

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U.S. Chamber of Commerce sues Trump administration...

The country's biggest pro-businesss organization says a new $100,000 H-1B fee for foreign workers will be "cost-prohibitive for U....

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Americans are getting 2.5B robocalls a month — the...

Americans have received an average of 2.56 billion robocalls per month from January to September, the highest level in six years, ...

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Registering Lasting Power of Attorney? The cost wi...

The inflation-busting increase applies separately to both the property and financial affairs variations of Lasting Power of Attorn...

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Is this the UK's smallest restaurant? 66sq-ft Kore...

Hyundai has converted an Inster EV into a dining experience on wheels for one day only next week in Soho, London where people can ...

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Is this the UK's smallest restaurant? Head to Soho...

Hyundai has converted an Inster EV into a dining experience on wheels for one day only next week in Soho, London where people can ...

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Stock markets plunge as small US banks spook inves...

The FTSE 100 plunged more than 1.5 per cent on Friday morning as mounting fears over the health of regional US banks sparked a sel...

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A third don't have a retirement plan - how to make...

Creating a retirement plan can help you to understand what kind of pot you will need to meet your needs, and how much you will be ...

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What "The Great Lock-In" means for your year-end f...

A new social media trend called "The Great Lock-In" encourages people to focus on self-improvement before the new year begins. CBS...

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More Americans say income is falling behind the co...

This week the United States' six largest banks released their earnings and collectively they're up 19% from a year ago. However, a...

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Johnson & Johnson faces huge claim in U.K. over al...

More than 3,000 U.K. claimants accuse U.S. pharmaceutical giant Johnson & Johnson of knowingly selling asbestos-tainted talcum pow...

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Best used cars on a tight budget

For those on particularly tight budgets, these 12 models are their best options in terms of avoiding breakdowns and costly repair ...

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Reeves warned wealth tax will spark £100 billion e...

Analysis suggested that the tax - advocated by left-wing Labour MPs and campaigners - could prompt people to move abroad or shift ...

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Best used cars on a budget: The most reliable olde...

For those on particularly tight budgets, these 12 models are their best options in terms of avoiding breakdowns and costly repair ...

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Cost of a car MOT could be hiked as Government agr...

On Thursday, the Independent Garage Association confirmed that the DfT will now undertake a review of the MOT test fee and will 'c...

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Marcus raises one-year fixed saver rate to make it...

We like the fixed saver from Marcus because there's a low minimum deposit of £1. Here's everything else you need to know about the...

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Military families worry about missed paychecks ami...

"We were already living paycheck to paycheck, so this doesn't help at all," one military spouse said of the shutdown.

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Is it safe to fly during the government shutdown? ...

Despite delays at some airports caused by staff shortages, government officials and aviation experts say flying is safe.

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Goldman's profit beats estimates as dealmaking reb...

Goldman Sachs reported a third-quarter profit of $4.1 billion, beating estimates as advisory fees jumped 60% amid a banner year fo...

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