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Category: Economy

Key conversations to have with your loved ones abo...

"CBS Saturday Morning" dives into crucial conversations people should have with their loved ones about finances.

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Why athleisure giant Lululemon is losing momentum

After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.

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Average tax refund is nearly 11% higher so far thi...

Forecasters predicted filers would benefit from larger checks​ this year due to a series of new tax provisions in the "one big, be...

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Spirit Airlines to sell 20 jets, recalls furloughe...

Spirit Airlines will recall 500 flight attendants from furloughs while selling 20 Airbus aircraft to address financial struggles d...

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Bill Ackman makes $2B gamble on Mark Zuckerberg's ...

Billionaire investor Bill Ackman allegedly commits $2 billion to Meta, representing 10% of Pershing Square's portfolio as Zuckerbe...

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Baby food recalled nationwide after dangerous toxi...

Baby food recall alert: Initiative Foods recalls "Tippy Toes" apple pear banana fruit purée due to patulin toxin. Check products w...

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One in five would end a relationship over salary d...

Mismatched incomes can impact lifestyle expectations, compatibility and even dynamics in friendships.

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British American Tobacco to cut jobs as it turns t...

The FTSE 100 tobacco giant, which employs around 49,000 staff around the world, has confirmed plans to pursue 'productivity initia...

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MG runs low on cars! How the Chinese-owned manufac...

MG has seen unprecedented growth in the UK and Europe, in the past few years. Now it has run out of cars - and its UK commercial d...

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Popularity of Isas has exploded in recent years - ...

The tax-free accounts are an extremely powerful tool, and alongside your private pension, should form the bedrock of your finances...

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Most applied for jobs in Britain... and 10 top CV ...

Jobs it IT are attracting the highest number of applicants per vacancy, new research shows. It's vital to get your CV right and ta...

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How did Jeffrey Epstein make all of his money?

Newly released documents are renewing interest in how Jeffrey Epstein amassed his fortune. Here's how he made his money.

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A new tax break on auto loan interest may help 4 m...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

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Dispute over Cardi B's Super Bowl cameo roils pred...

Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.

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Some job-seekers are paying thousands of dollars j...

"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.

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Stellantis issues "do not drive" warning for cars ...

Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See whi...

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Kraft Heinz CEO says company challenges are 'fixab...

Kraft Heinz CEO Steve Cahillane scraps breakup plans, announcing a $600 million investment push to rebuild growth instead of split...

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Ford CEO says 'customer has spoken’ after EV shift...

Ford reported a massive $11.1 billion quarterly loss driven by electric vehicle writedowns and tariff costs, marking the automaker...

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How do you solve a problem like student loans? Thi...

Student loans look like another mess that has reached a tipping point in Britain's shonky financial system. So what happens next?

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Tesco boss warns Britain is 'sleepwalking' into wo...

Ashwin Prasad, the boss of Tesco UK, warned about an 'epidemic' of people who are out of work and on benefits out of choice rather...

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Barratt Redrow shares tumble as it cuts dividend w...

Barratt Redrow shares plummeted after cutting its dividend following a 'subdued' market in the six months to 28 December.

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Buy now, pay later customers will now face afforda...

At present, there are no protections in place for consumers who use BNPL frequently, even though they may not be able to afford it...

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Wealth managers get caught up in AI selloff as com...

Investor jitters over the impact of artificial intelligence on British companies have spread to wealth managers after price compar...

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Estée Lauder accuses Walmart of selling counterfei...

Estée Lauder lawsuit alleges Walmart sells fake versions of products from brands including Aveda, Clinique and Tom Ford.

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The "K-shaped" economy will affect your 2026 tax r...

Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the bigges...

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Bought a new car last year? You could qualify for ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

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New Medicaid work rules likely to hit middle-aged ...

Republicans have said new Medicaid work rules are aimed at unemployed young people who should have jobs. Policy researchers say th...

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Philadelphia men repeatedly traveled to Minneapoli...

Pennsylvania fraudsters pleaded guilty to stealing about $3.5 million from Minnesota housing program after traveling to exploit Me...

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One pub in eight is now in 'severe financial distr...

The boss of Wetherspoon has backed Reform's plan to save Britain's pubs amid warnings that one in eight is now in 'severe financia...

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Lepas launches in Britain: Chinese car giant Chery...

Chery, China's largest car exporter, is bringing its fourth brand to the UK. Lepas, a new energy vehicle SUV brand will arrive in ...

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Coleen Rooney raises stake in supplements firm App...

Applied Nutrition, which listed on the London market in a blockbuster £350 million float in October 2024, has seen sales boom than...

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AstraZeneca reports higher profits after boost fro...

The FTSE 100-listed firm reported that sales and profit rose 8 and 11%, respectively, in line with its forecasts.

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Why importing more beef from Argentina won't ease ...

Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.

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Starbucks adds menu items as it looks to energize ...

New items, such as a strawberry matcha loaf, represent the chain's latest effort to boost sales as part of its "Back to Starbucks"...

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How much gold is in an Olympic gold medal, and how...

Olympic medals have what's known as a "melt value." But they're worth far more financially than their mineral contents, an auction...

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Sydney Sweeney rings stock exchange opening bell a...

Sydney Sweeney joined American Eagle executives including CEO Jay Schottenstein to ring the opening bell at the New York Stock Exc...

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Britain's best apprenticeships revealed: They're h...

Apprenticeships can be a brilliant gateway into certain careers, without leaving young people saddled with debt.

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Did Foxtons try to charge me an illegal £200 check...

The thing is, such charges are unlawful, and have been for the last six years, since the Tenant Fees Act of 2019 was implemented.

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Sneaky insurance clause that saw young family DENI...

In the summer of 2025, Erin Niimi Longhurst and her husband, Thomas Durrands were navigating the joys and challenges of their firs...

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Last chance to nab £200 from IG: With the investme...

The investment platform IG is running three deals at the moment to encourage new customers to sign up. An offer that pays £200 has...

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Was Bad Bunny paid for his Super Bowl halftime per...

Here's how much Bad Bunny earned from his halftime performance at Super Bowl LX.

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"Black carbon" in Arctic an increasing concern ami...

"Black carbon," or soot, that spews from ships and makes the Artic Ocean ice melt even faster is an increasing concern in a region...

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Trump economic adviser Stephen Moore on "The Takeo...

Writer and Trump economic adviser Stephen Moore joins Major to talk about mass unemployment as well as how America can return to b...

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Stellantis takes massive $26B hit after moving awa...

Stellantis shares plunged after announcing a massive writedown, raising questions about whether EV struggles stem from market issu...

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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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