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Category: Economy

Fake AI job adverts from Meta and Spotify are catc...

Fake application processes and emails are created by AI to fool people into entering their personal details and social media login...

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Bereaved families could be denied 50% of pensions ...

People in charge of winding up estates will be allowed to stop pension firms paying out pensions in full if they think 40% death d...

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Fed unlikely to cut interest rates until 2027, Ban...

A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.

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ChatGPT developer sued over FSU shooting: "They pl...

The family of one of the victims in last year's deadly mass shooting at Florida State University accused ChatGPT developer OpenAI ...

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Trump proposes gas tax holiday, but savings may be...

Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.

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Trump says he aims to suspend gas tax "for a perio...

President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.

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Legendary economist known for 1969-70 recession pr...

Legendary Merrill Lynch forecaster Gary Shilling warns of a 2026 economic collapse driven by frozen housing, plummeting capital ex...

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SEC releases proposal to usher Wall Street into op...

The SEC proposed allowing publicly traded companies to switch from quarterly to semiannual reporting using a new Form 10-S, offeri...

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Spirit Airlines lawyer says jet fuel price surge l...

Spirit Airlines ceased operations after surging jet fuel prices and a failed federal bailout left the company with no remaining wa...

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Burlington to open over two dozen new stores acros...

Burlington plans to open more than two dozen new stores across 20 states in May as the discount retailer expands beyond 1,000 U.S....

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Disney CEO unveils entertainment giant's new 3-pil...

Disney CEO Josh D'Amaro outlines a three-pillar growth strategy focused on intellectual property, global consumer reach and AI-pow...

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Labour's crackdown on keyless car crime: New law m...

The Crime and Policing Act 2026 now makes it a criminal offence to manufacture, import, supply, adapt or possess any electronic de...

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Small business sales slowed to two-year low even b...

Small firms have been battered by changes to business rates and higher labour costs, following the increase in employer National I...

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Premier Inn owner blames Labour tax hikes as it ax...

Whitbread boss Dominic Paul said the job losses were related to hotels being hit with increases to business rates and national ins...

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What you need to know about the Renters' Rights Ac...

On Friday, the Government's Renters' Rights Act will come into force, giving tenants the biggest increase to their rights in a gen...

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Best cash Isa savings rates: Easy access and fixed...

This is Money's best cash Isa tables are updated as new deals arrive and highlight the top easy access and fixed rate Isas from ba...

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Fed holds benchmark interest rate steady as Americ...

The Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive month as the U.S. economy faces...

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GDP rose at 2% annual rate in first quarter as U.S...

The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.

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Thermos recalls 8.2 million containers after stopp...

The Thermos Stainless King Food Jars and Thermos Sportsman Food & Beverage Bottles were sold at Walmart, Target and Amazon.com.

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Nike announces roughly 1,400 layoffs in latest rou...

Nike announces layoffs of roughly 1,400 employees in its Global Operations team, primarily affecting its technology division acros...

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United Airlines drops merger pursuit with American...

United CEO Scott Kirby says his vision for a merger with American Airlines would have added jobs and routes, but the rival decline...

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UAE exits OPEC and OPEC+, seeking output flexibili...

UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and sup...

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Budget airlines ask federal government for $2.5B i...

Budget airlines including Frontier and Avelo are reportedly seeking $2.5 billion in federal assistance amid rising jet fuel costs,...

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How Iking Ferry Built Fokona Into a Leading Financ...

Iking Ferry Launches Fokona: Transforming Financial Literacy, Investing, and Wealth Creation in Nigeria In a time when millions of...

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BP profits more than double as oil giant cashes in...

BP has reported its profits more than doubled in the first quarter, as traders cashed in on soaring oil prices triggered by the Ir...

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Forget the Costa del Sol... Dortmund and Cork are ...

There are still affordable holiday destinations for the more than one in four of us that are still hunting for our summer getaway.

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Plug-in hybrid cars cost £4,000 MORE than a fully-...

The report comes amid growing criticism of PHEVs, which are said to consume five times the petrol manufacturers claim they will, a...

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Eon set to become Britain's largest energy supplie...

Eon would leapfrog Octopus Energy, which became the largest supplier last year. It would mean British Gas would fall into third in...

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Barclays takes £228m hit from collapse of speciali...

Barclays has reported a rise in profits in the first quarter, in line with expectations, but took a £228million hit from the colla...

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Crypto mogul sues Trump family's World Liberty Fin...

Sun alleges that World Liberty Financial froze the digital tokens he had purchased, locking him out of assets worth as much as $1 ...

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Anthropic investigating possible breach of its Myt...

The AI company behind the chatbot Claude is looking into a report of unauthorized access to Mythos from one of its third-party ven...

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Rents around the U.S. are growing more slowly than...

The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.

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Why is the Trump administration considering bailin...

The fate of Spirit Airlines could affect ticket prices across the industry, which is why the Trump administration is considering a...

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MARKETS LIVE - Oil climbs and stocks wobble as Tru...

After another weekend of escalation, and closure of the key waterway by the Iranians, brent crude is back up to $95 a barrel.

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Mercedes unleashes its new electric C-Class - but ...

The luxury small executive EV will go up against BMW's new i3 saloon. But it's impressive 473-mile range is less than what its maj...

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How to find a ready-made business for sale… and wo...

Starting up from scratch is hard and fraught with risks, so what about choosing to buy an established business that's already maki...

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Flat in former London church with HUGE stained gla...

After falling into disrepair, the church in south west London was purchased in 2015 by a developer and converted into high-end fla...

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Alex and Abigail bought a £485,000 home with a 98%...

The average amount put down by first-time buyers in England is a whopping £63,855, according to the latest mortgage data from trad...

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Seeking accountability in trucking accidents

In 2024, approximately 5,000 people died in accidents involving trucks, up more than 50% from 15 years ago. And while a new propos...

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Food stamp work rules don't increase employment, r...

Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't fo...

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United merger with American Airlines would hurt co...

Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.

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Trump admin launches tariff refund portal. Here's ...

A federal agency on April 20 opened a portal that lets businesses apply for a refund for Trump tariffs struck down by the Supreme ...

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Tariff refund portal off to bumpy start as some bu...

Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on...

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TV shopping empire behind QVC, HSN files for bankr...

The parent company of QVC and HSN filed for Chapter 11 bankruptcy as part of a major restructuring plan to slash billions in debt....

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Walmart to remodel over 650 stores, open about 20 ...

Walmart plans to remodel over 650 stores across the U.S. and open about 20 new locations in 2026 and early 2027 to improve custome...

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Britain's £2,000 driveway deficit: Drivers without...

The driveway divide has been found to be unfairly penalising drivers who do not have access to off-street parking.

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Insuring a period property costs TWICE as much as ...

The most expensive category of period homes to insure are those built during the Stuart period, 1603 to 1714, which cost £545 on a...

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The best Chinese car 'dupes': They rival top Europ...

Chinese cars from makers such as BYD and Chery have a similar aesthetic and feel to brands such as Vauxhall, Volkswagen and Merced...

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New electric cars may look expensive but here's wh...

We teamed up with Insider Car Deals to analyse the price you will pay for 10 new EVs against their closest petrol equivalents. And...

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Bank of England to test the risk AI poses to count...

The Bank of England will include risks from artificial intelligence in its stress tests of the financial system, it told MPs.

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NPR gets $113 million in gifts, including $80 mill...

NPR said the donation from Ballmer, the largest to the public radio network by a living donor, will help offset the loss of federa...

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This is the fastest-growing job for young workers,...

Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.

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Trump tries to change conversation from war to the...

President Trump went to Las Vegas on Thursday to try to change the subject from war to the economy, downplaying rising gas prices....

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Spirit Airlines may halt operations within days, s...

Two years after a failed merger with JetBlue, there are public reports that Spirit Airlines could be going under within days. Kris...

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Allbirds drops sneakers, reinvents itself as an AI...

Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear brand for...

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How to up your chance of winning big in the new £1...

Who wants to be a billionaire? If you have any sense, you'll be shouting 'Me!' from the rooftops.

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Beauty Tech Group cashes in on LED face mask boom ...

Sharing its maiden annual results since its flotation last year, boss Laurence Newman said there was 'significant momentum' in the...

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Nine top jobs paying up to £75k which bosses are e...

Finding a job is getting harder as unemployment rises - almost 1.9 million Brits were out of work in the three months to January, ...

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Uzbekistan national wealth fund confirms London li...

Uzbekistan's national wealth fund has confirmed plans to list in London, marking the country's first foray into global stock marke...

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Chinese car lookalikes for EVERY type of driver: T...

Chinese cars from makers such as BYD and Chery have a similar aesthetic and feel to brands such as Vauxhall, Volkswagen and Merced...

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Tesco says 'uncertainty' caused by Middle East war...

Ken Murphy, who runs Britain's biggest supermarket, said the group had poached customers from rivals over the past last year 'desp...

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Treasury secretary says Americans can already see ...

Treasury Secretary Scott Bessent said Americans are already seeing record refunds as President Trump's new tax breaks start to kic...

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Trump admin set to launch tariff refund portal. He...

A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supre...

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Live Nation and Ticketmaster illegally monopolized...

The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.

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Despite uncertainty over the Iran war, the S&P 500...

The S&P 500 and Nasdaq hit record highs on Wednesday despite the economic uncertainty caused by the Iran war. CBS News business an...

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Why Jerome Powell — not Trump — will decide when t...

President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil f...

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Generation Z avoid going to the shops because of '...

Younger shoppers said they feel embarrassed or worried that something will go wrong, such as their card being declined.

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HSBC now offers £1,000 for switching to its Premie...

HSBC has upped its Premier switch offer. When you combine it with a deal for opening an Isa, there's a large carrot on the table.

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Stocks tick higher as oil continues to fall; Stand...

A wave of relative calm has washed over global markets as President Trump indicated the US and Iran would hold talks within days.

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Two major mortgage lenders CUT rates: Is this a tu...

Two major high street banks have bucked the current trend by lowering rates on their mortgages.

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Oil and defence in, Crocs and Starbucks out: Top s...

Investors are shaking up their portfolios to back oil and defence amid conflict in the Middle East, while ditching well-known cons...

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Chevron says Venezuelan oil imports are helping cu...

Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron ex...

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Chevron executive suggests Americans should drive ...

"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the...

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Chevron executive says consumers "should try to dr...

Lilia Luciano traveled to Chevron's largest oil refinery on the Mississippi coast and spoke to Andy Walz, a president of the compa...

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7-Eleven plans to close 645 stores this year

The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series...

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It's Tax Day. Here's how big the average tax refun...

Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.

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Is buying a single index ETF smarter than picking ...

Investing in index funds and ETFs that track broad market indexes is a sound strategy for most investors seeking diversified expos...

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Oil eases to below $100 and stocks rebound on hope...

Oil has retreated to below $100 a barrel while stocks rise as Iran suggested it was open to striking a deal with the US, despite t...

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Nigel Farage-backed cryptocurrency firm Stack BTC ...

A cryptocurrency firm backed by Nigel Farage and former Tory Chancellor Kwasi Kwarteng has bought £2m worth of bitcoin.

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I won £10,000 after finding a gold Ronald Card fro...

On realising she had won one of only ten rare Ronald Card £10,000 prizes, Nicoleta said she 'couldn't believe it at first.'

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Nissan's electric Juke revealed with futuristic ne...

Nissan has doubled down on its commitment to becoming an all-electric car brand with the unveiling of the Juke EV - a model that w...

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The death of the one bedroom flat? How the first r...

One bed flats are the most unloved homes in Britain right now - spending more time on the market, facing more price reductions, an...

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Beef, that all-American food, is getting harder fo...

The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?

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Roblox introduces age-based accounts amid child sa...

The California-based company said it will assign users ages 5 to 8 to a Roblox Kids account and users ages 9 to 15 to a separate a...

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McDonald's to start selling refreshers and crafted...

McDonald's is expanding its cold beverage menu and also plans to introduce energy drinks later this year.

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Stocks rally, oil dips below $100 as investors sig...

Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.

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US ETF assets under management to more than double...

U.S. ETF assets under management could more than double to $25 trillion by decade's end, Citigroup says, driven by active ETFs, pr...

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The EV that charges in FIVE MINUTES coming to Brit...

The Denza Z9GT is available to order this month and promises blistering performance and jaw-dropping charging times. We've driven ...

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TEN new tax year tips to get your finances off to ...

A new tax year means a clean slate. It's the perfect time to make sure your money works for you in 2026/27, say Clare Stinton and ...

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Vistry appoints replacement boss sooner than expec...

Shares in Vistry fell this morning following the appointment of a new boss, with current boss Greg Fitzgerald stepping down sooner...

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How do I find out if my state pension is right? 17...

If my NI record shows 'no full years' from 1979 to 1996 how can my pension be correct? I have queried this many times with the DWP...

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Money transfer firm Wise confirms it is on track t...

Wise is expected to shift its primary listing from the UK to the US next month, as the money transfer firm reported soaring income...

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Strait of Hormuz still seeing significantly lower ...

Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway ...

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Will the Iran ceasefire ease U.S. gas prices? Here...

Gas prices in the U.S. continued to edge up on Wednesday even as oil prices fell. Here's how long it could take for fuel costs to ...

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Inflation surged in March as Iran war drove up ene...

Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.

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The upper middle class is now the largest income g...

America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, ...

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MoneyWatch price tracker shows how much food, util...

These charts track prices consumers pay for groceries and other goods now compared to five years ago.

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IMF prepares $50billion bailout to prop up countri...

The International Monetary Fund is preparing bail-outs of up to $50bilion for countries battered by the Iran war - as oil prices r...

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REVEALED: The 10 best used family cars, according ...

Scientists from the Centre for Automotive Industry Research at Cardiff University have carried out an academic study to rank the 1...

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Global economy faces growth 'shock' says IMF - as ...

The ceasefire between Iran, the US and Israel is looking increasingly fragile barely 24 hours after it was announced. Brent crude ...

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