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Category: Economy

Citi to match federal government's $1K Trump Accou...

Citi announced it will match the federal government's $1,000 deposits to Trump Accounts for children born to U.S. workers between ...

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Betting company Polymarket opens NYC's first free ...

Polymarket will open Manhattan's first free grocery store from February 12 to 16, offering everything from produce to Oreos at no ...

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Dow closes above 50,000 for first time

The Dow Jones Industrial Average topped 50,000 points for the first time ever Friday. The index rebounded following a tech stock s...

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Bitcoin crashes to $60,000, losing half of its val...

While it has rebounded to trade at around $65,000 this morning, bitcoin has lost nearly half of its value in over four months, aft...

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Typical house price goes above £300,000 for first ...

House prices have risen above £300,000 for the first time ever, according to Halifax, with its latest data suggesting the market i...

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Seven EVs now claim to cover more than 450 miles o...

Electric car ranges have come a long way in 15 years. When the Nissan Leaf - the first 'mass-market' EV - arrived in 2010, it offe...

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Bank of England slashes GDP outlook, holds interes...

Labour's stuttering growth ambitions suffered a fresh blow yesterday as the Bank of England slashed its UK GDP forecast and warned...

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TSB profits surge 20% after cutting costs ahead of...

TSB reported record annual profits for 2025 ahead of the near £3billion takeover by Santander expected later this year.

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The typical American worker has $955 saved for ret...

Millions of Americans lack access to any type of retirement plan, hampering their ability to save for old age.

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As silver prices soar, jeweler Pandora turns to pl...

One jewelry company is looking to offset surging silver prices by plating its pieces with an even more precious metal.

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Trump Accounts to get their own Super Bowl ad. Her...

Super Bowl LX will feature an ad to promote Trump Accounts, a new investment plan to help eligible families save money for their k...

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Poll: Fewer feel prices rising, but most see a gap...

Poll on the economy and opportunity finds fewer feel prices rising, while most see a gap between the richest and the middle class.

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White House launches TrumpRx discounted drug site

The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push ...

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Fox Corporation reports strong quarter, boosted by...

Fox Corporation beats earnings estimates with $5.18 billion revenue, up 2% year over year as cable programming and advertising dro...

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Nike’s diversity initiatives under EEOC scrutiny f...

Federal EEOC launches investigation into Nike over allegations that diversity initiatives discriminated against White employees an...

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Energy firm Drax puts 350 jobs at risk as consulta...

Around 300 of the jobs at risk at Drax are understood to be based in the UK, though this could change as the consultation process ...

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Why Britain's about to BOOM, by money guru ALEX BR...

Is Britain on the cusp of a scientific and technological revolution? Simon Carter, the boss of the property giant ­British Land, a...

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Bank of England holds interest rates at 3.75%: Wha...

The Bank of England opted to hold interest rates at 3.75% today, with a cut in March now thought likely.

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Growth down, unemployment up... but no more rate c...

The Bank of England has forecast a sharp growth slowdown and rise in unemployment as it left interest rates on hold in a blow to C...

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Blow to borrowers as Bank of England HOLDS interes...

Borrowers were dealt a blow today as interest rates were held despite mounting concerns over rising unemployment and a floundering...

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Consumer Reports' top 10 vehicles for 2026 — see w...

For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.

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Washington Post begins sweeping layoffs as it scal...

The storied newspaper, owned by Jeff Bezos, will eliminate its sports department and reduce its coverage of foreign news.

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China banning hidden car door handles starting in ...

China will ban hidden door handles on cars, commonly used on Tesla's electric vehicles and many other EV models, starting next yea...

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Netflix co-CEO Ted Sarandos faces Senate hearing o...

Netflix co-CEO Ted Sarandos faces Senate questioning over the streaming giant's proposed $72 billion Warner Bros. Discovery merger...

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Christian investors with $4B+ launch campaign to s...

Shareholder revolt grows as faith-based investors file 38 proposals for 2026 demanding corporations exit divisive politics and pri...

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Councils need more funding to install public EV ch...

A lack of council and central government funding for EV charge points is stalling EV charging network rollout, research shows.

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Santander launches 2% deposit mortgage to help fir...

First-time buyers can now secure a mortgage with Santander with a 2% deposit, as long as it is not below £10,000.

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Revealed: The sneaky tricks to find out if you've ...

Each month thousands of Premium Bond holders rush to National Savings & Investment's website to discover whether they've won big.

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Nearly half of drivers now scared of driving on sm...

An increasing number of drivers admit they feel nervous or anxious driving on 'smart' motorways - high speed roads with no hard sh...

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China bans hidden 'pop-out' car door handles popul...

The minimalist handles are designed to improve the aesthetic and aero of new cars but have come under criticism for losing operati...

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Gold and silver prices are slumping after their me...

Several factors are weighing on the value of gold and silver after the precious metals ascended to record highs last week.

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5 ways to find affordable care without health insu...

Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there...

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Target faces pressures to take a stand against ICE...

The American Federation of Teachers called on Target CEO Michael Fiddelke to "clearly state" that the company wants ICE agents to ...

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This week's jobs report will be delayed by governm...

The latest partial government shutdown is disrupting the release of closely watched economic data.

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United is upgrading its computers. Here's how that...

Starting early Wednesday, United customers won't be able to book flights and access other services as the airline upgrades its res...

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Gold and silver prices turn volatile – what to kno...

Gold and silver prices have surged in the last year and despite significant volatility in the last week, investors and consumers w...

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Can my daughter inherit my local government pensio...

Can this pension be left to my daughter in the event of my death? If not what can I do to secure that my money goes to her? I don'...

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Jaguar's £140k EV testing in the Arctic Circle as ...

Jaguar has moved to quash rumours that it is considering a U-turn on its all-electric reboot by releasing images of its forthcomin...

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Council cyber strikes threaten to block cash reach...

The damage has spread from Kensington & Chelsea Council to Westminster and Hammersmith & Fulham.

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Chinese car giant to open new European HQ in Liver...

Focused specifically on research and development, the site isn't expected to build any vehicles with production retained in its ho...

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Is a ground rent cap a good idea for leaseholders ...

The Government has announced plans for a cap on ground rent - is it a welcome policy that will finally fix a broken system?

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How Federal Reserve rates impact your wallet

Here's how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.

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Scott Bessent discusses Trump accounts, Federal Re...

President Trump celebrated a new federally-funded investment program, called Trump Accounts, aimed at giving kids a long-term fina...

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Are you being rejected for jobs you're qualified f...

Looking for a new job mid-career can be a soul-destroying experience. So why is it so many are being turned down for roles they sh...

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British Steel's taxpayer subsidies to skyrocket th...

The extra green taxes - caused by a change in Treasury policy - could make Scunthorpe's steelworks so uncompetitive they are force...

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Murder mystery hotel made famous by Poirot hit by ...

Giles Fuchs, who runs the Burgh Island Hotel in Devon, criticised Rachel Reeves' reported plan to offer help to just pubs after ou...

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You really CAN turn just £6 a day into £1million. ...

You can believe it or not, but ­regular saving into a pension from an early age can make you richer in retirement than you ever dr...

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Sir Tim Martin reveals each Wetherspoons pub is pa...

In the last tax year, Wetherspoon's 794 pubs paid a total of £837.1million in taxes from levies like corporation tax, business rat...

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Patients are being hit with this surprise fee just...

One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed,...

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What Kevin Warsh as new Federal Reserve chair coul...

The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.

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A new $45 fee for travelers without Real IDs goes ...

Passengers without Real IDs can still fly if they pay a $45 fee, which covers the cost of additional identity verification screeni...

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3 key questions for investors about Fed Chair nomi...

Kevin Warsh, a former Fed governor, is in line to replace Fed Chair Jerome Powell in May. Here's what Wall Street wants to know.

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Trump nominates government economist to lead Burea...

President Trump says he is nominating the government economist Brett Matsumoto to lead the Bureau of Labor Statistics.

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Buying a home with a 10% deposit now as affordable...

Mortgage payments are set to return to about 40% of the average single person's salary, a level of affordability last seen in 2021...

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Petrol prices fall to a four-year low - but driver...

A litre of petrol at UK forecourts has fallen to an average of 131.91p in recent days, the RAC said. The last time the fuel was ch...

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How likely are you to fall victim to car crime? He...

The study also identified just how much more vulnerable to crime people living or regularly driving and parking in urban areas are...

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Gen Z would rather their bank gave them free coffe...

Younger savers prefer to get lifestyle perks such as coffee, cinema tickets and cashback from their current account than top inter...

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We sold our holiday park home for an £89k loss: Ph...

Paul Tetley, 71, and his wife Anne bought a holiday park lodge on an idyllic site in North Yorkshire in 2015 - but the unexpected ...

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The U.S. dollar just fell to its lowest level in 4...

The greenback has slumped as investors "Sell America." Several factors explain why the dollar is shedding value.

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The No. 1 skill employers are looking for, accordi...

Job seekers can raise their chances of landing a position by highlighting a particular kind of work experience, says LinkedIn care...

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First Brands founder Patrick James, brother Edward...

The James brothers face charges of conspiracy to commit money laundering, bank fraud and wire fraud.

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Trump threatens Canada with 50% tariff on aircraft...

President Trump is threatening Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with A...

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Princess of Wales' wedding hairdressers accuse Lab...

Celebrity hairdresser Richard Ward - who styled the Princess of Wales' hair at her wedding to Prince William in 2011 - said Labour...

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ABERDEEN ASIA FOCUS seeks growth off the beaten pa...

Its emphasis is on finding successful investments outside of the big Asian tech firms which attract most attention from investors.

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Ground rent cap won't save us from our 'toxic' hom...

Homeowners say they are still being held to ransom by high service charges and hidden commissions, as well as dealing with the aft...

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How Labour's leasehold flat reforms could deal a b...

Prime Minister Keir Starmer yesterday proposed that ground rents paid by owners of leasehold properties, mostly flats, will be cap...

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Spanish hotel accused my son of smoking and locked...

My husband and I were recently on holiday in Spain with our adult son. Hotel staff put a note under his door saying he had been sm...

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Some states expand ACA subsidies as federal tax cr...

A handful of U.S. states are moving to ease the cost of Affordable Care Act insurance as millions of Americans see their premiums ...

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Yale to offer free tuition to families who earn le...

Yale joins Harvard, MIT and other top universities that have eliminated tuition for households with modest income.

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Amazon slashing some 16,000 jobs in its latest lay...

Amazon is cutting about 16,000 jobs after eliminating some 14,000 in October.

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Newsom probing TikTok over alleged suppression of ...

California Gov. Gavin Newsom says he's launching a probe into allegations that TikTok censored content critical of President Trump...

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Amazon closing all Go and Fresh stores, eyes 'supe...

Amazon announced it's closing all Amazon Go and Amazon Fresh stores to focus on Whole Foods expansion, citing a lack of "distincti...

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Nike plans to cut hundreds of jobs amid automation...

Nike is planning to cut 775 jobs at distribution centers in Tennessee and Mississippi, amid the sportswear giant's push to boost e...

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GM takes $7B hit after shifting EV strategy due to...

GM takes massive $7.2B charge to realign electric vehicle strategy following Trump administration policy changes and declining con...

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River Island shuts six more stores in latest blow ...

Fashion chain River Island is set to close a total of 27 stores before the end of the month. The retailer currently has more than ...

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Britain's worst drink driver has been caught SIX t...

The concerning figures come as ministers consult on lowering the drink-drive threshold from 35mcg per 100ml of breath to 22mcg.

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Prosper offers boosted 120 day notice savings acco...

Prosper is offering boosted rates for new customers and interestingly, the boosted element is tax-free. 

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Nearly 1million households face mortgage payment s...

Rate rises mean a potential £282 per month increase on the average mortgage bill - but there are still ways you can cut your costs...

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Payments from Apple lawsuit are now landing in peo...

Apple users report receiving about $8 per eligible device from the settlement, based on the amount landing in their accounts.

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Feds yank contracts with Booz Allen Hamilton after...

Treasury Department ends contracts with consulting firm Booz Allen Hamilton after a former contractor leaked tax returns, includin...

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Bettors wagered millions on expected snowfall acro...

This weekend's snowstorm could prove to be lucrative for some online bettors.

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Wall Street’s Texas move gains steam as NYSE Texas...

NYSE Texas achieves a major milestone with over 100 companies dual-listed in under a year, showcasing Wall Street's shift towards ...

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Just one in three renters now bother with contents...

Contents insurance covers possessions against damage from accidents, fire and flooding, as well as from theft.

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BMW's 500-mile iX3 electric SUV voted 'Car of the ...

BMW's electric iX3 SUV has claimed the coveted honour of being the 2026 Car of the Year at the annual 'Motoring Oscars'. The secon...

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SSP enjoys rising sales driven by partnership with...

SSP flagged a strong performance across its airport and railway sites linked to its partnership with Marks & Spencer at 50 of the ...

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Men typically amass 75% more money in private pens...

The private pensions gap between men and women has increased from 35 per cent to 48 per cent in recent years, an analysis says.

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Shepherd Neame cheers strong Christmas but warns p...

Britain's oldest brewer, which runs 285 pubs in Kent and the South East of England, said like for line sales grew 4.5 per cent ove...

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Ex-flight attendant got hundreds of free flights p...

A former flight attendant for a Canadian airline posed as a commercial pilot and as a current flight attendant to obtain hundreds ...

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These are the best places to work in 2026, accordi...

A car wash chain beat out bigger employers such as Google and Nvidia to take the top spot as the best place to work in 2026.

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Ford recalls some 119,000 vehicles due to engine b...

Ford is recalling roughly 119,000 vehicles because their engine block heaters have a defect that increases the risk of fire, the N...

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U.S. stocks sink amid Trump's new tariff threats

President Trump's Greenland demands have already had a negative impact on the economy in the U.S. On Tuesday, all three major U.S....

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Wells Fargo becomes first major bank to relocate w...

Wells Fargo tells Fox News Digital that its relocation to West Palm Beach is a "strategic commitment" to serving high-net-worth cl...

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Majestic Wine toasts 'best ever Christmas' as reco...

Overall sales inched up 0.9 per cent over the five weeks to 29 December, compared with the same period the year before, while cust...

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AJ Bell boss warns Chancellor's Isa reforms 'doome...

The boss of one of the UKs biggest stockbrokers has warned that Rachel Reeves's Isareforms, unveiled in the Autumn Budget, are 'do...

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How to get cheaper home insurance: Compare quotes ...

If you're looking at increased bills and wondering how to cut costs, here are steps you can take to make your home insurance cheap...

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Edinburgh Worldwide defeats Saba for a second time...

Saba's proposals only needed a simple majority, or more than 50 per cent of votes cast, to pass at the meeting.

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What's happening with gold, silver and copper? A c...

Today we have seen gold soar to new highs, as Trump's dogged pursuit of Greenland and threats of tariffs against European nations ...

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U.S. Steel CEO says it's "absolutely" still an Ame...

"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the goo...

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Why you might get a "peanut butter"-style pay rais...

What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.

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U.S. Steel CEO says Trump's "golden share" won't s...

Nippon Steel's acquisition of U.S. Steel came with an unusual provision, a so-called "golden share" that gives President Trump the...

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