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Category: Economy

At least 15 infants sickened by baby formula-linke...

An outbreak of botulism tied to ByHeart baby formula has made at least 15 infants sick in 12 states, a California health official ...

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Warren Buffet's final letter to shareholders: Read...

Warren Buffett's final letter to shareholders: Read in full

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Warren Buffett pens last letter as Abel prepares t...

Warren Buffett's Thanksgiving letter to Berkshire Hathaway shareholders outlined his plans to step back from his past duties when ...

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Former Tesco boss Sir Dave Lewis named CEO of stru...

Lewis, who served as Tesco CEO between 2014 and 2020, will be tasked with steering a turnaround of the Smirnoff vodka and Captain ...

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HAMISH MCRAE: Inflation timebomb is set to go off ...

I fear that inflation is much more deeply embedded than the Bank of England appreciates.

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RUTH SUNDERLAND: Ofgem is letting down customers

On paper, it was supposed to ensure suppliers had enough capital to absorb future turmoil. But the regulator won't even publish a ...

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I'm caught in a tax free pension lump sum backlog:...

I have a Sipp with Hargreaves Lansdown and want to take a tax-free lump sum before the Budget. I started the process on 3 November...

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How does salary sacrifice work and is this handy p...

Reeves looks set to cap the sum workers can pay into pensions via salary sacrifice without incurring national insurance contributi...

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Trump calls for investigation into foreign meatpac...

President Trump is accusing foreign-owned meat packers of driving up the price of beef in the U.S. and is asking the Department of...

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Food costs are up, but your Thanksgiving feast wil...

Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis fou...

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Consumer confidence in U.S. economy is near record...

A recent survey shows consumer confidence in the economy is near record-low amid the ongoing government shutdown. Andres Gutierrez...

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FAA grounds MD-11 planes after deadly Kentucky cra...

The Federal Aviation Administration on Saturday ordered MD-11 and MD-11F aircrafts to be grounded as authorities investigate the d...

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Nearly 1 million bottles of Kirkland prosecco reca...

Costco said the recalled bubbly beverages could pose a "laceration hazard" to consumers.

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Jeep tells owners to stop charging plug-in hybrid ...

Jeep recalls over 320,000 plug-in hybrid SUVs due to fire risk. Owners urged to stop charging and park away from buildings until r...

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Tesla shareholders approve Musk's $1T pay package

Tesla shareholders will decide on CEO Elon Musk's $1 trillion pay package, which is tied to ambitious market cap goals and company...

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Retail investors shrug off bubble fears and double...

Retail investors continued to pile into cryptocurrencies and AI infrastructure stocks in October, buying the dip amid weak digital...

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I want to save for my children's education: Should...

Is investing a good choice when building a pot for a child's education fees, or is cash safer? We ask a personal finance expert.

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Former Tesco boss Sir Dave Lewis named CEO of stru...

Lewis, who served as Tesco CEO between 2014 and 2020, will be tasked with steering a turnaround of the Smirnoff vodka and Captain ...

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England's busiest property markets... and those wh...

A pretty market town in Leicestershire has been named the country's most active location for property sales.

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Why is MoneyHelper ditching its useful directory o...

I'm concerned about the impact the closure of the Retirement Adviser Directory on 17 December will have on consumers looking for i...

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Brace for travel delays as government shutdown dra...

Air traffic controllers missed their first full paycheck last week as the government shutdown approaches a record length.

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Book excerpt: "1929" by Andrew Ross Sorkin

The New York Times financial columnist's new book looks back to Wall Street's most catastrophic market collapse.

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Dealing with the crushing costs of child care

For some, the high cost of child care in the U.S. is a higher expense than rents and mortgages, or even in-state college tuition, ...

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Auctioneer Aurel Bacs, "the Indiana Jones of watch...

Auctioneer Aurel Bacs knows what makes watch enthusiasts tick, as he puts exquisite, rare and vintage timepieces on the auction bl...

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Trump administration will use contingency fund to ...

The U.S. Department of Agriculture told a federal court that it will tap into a contingency fund to allow states to issue partial ...

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Kimberly-Clark to acquire Tylenol maker Kenvue in ...

Kimberly-Clark is buying Tylenol maker Kenvue in a $48.7 billion cash-and-stock deal, creating a massive consumer health goods com...

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Amazon stock hits record, lights up ETFs

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the ne...

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Ask a money expert: Get help with pensions, consum...

Do you have a money question for one of our star experts and columnists? They all have a wealth of experience and knowledge they a...

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Prudential remains 'undervalued' as insurer ramps ...

Prudential shares remain 'undervalued' after strong growth this year, as the insurance giant dishes out bumper shareholder payouts...

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SMALL CAP IDEA: Ceres Power could disrupt a clean ...

If there's one thing the energy transition keeps teaching investors, it's that the tortoise often has the better innings than the ...

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My sources have told me about the catastrophic tax...

With every day that passes it becomes more apparent that the Chancellor will, later this month in the Budget , break Labour 's man...

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Nationwide offers interest only mortgages to first...

The building society is also offering interest-only mortgages to those with smaller deposits

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Government borrowing costs rise as Rachel Reeves c...

Government borrowing costs rose sharply on Thursday, partially erasing gains made in recent months, in another blow to Rachel Reev...

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Barclays lowers mortgage rates with best-buy two-y...

Barclays is the latest lender to announce it will be cutting its mortgage rates across its fixed rate deals aimed at home buyers.

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Scariest cars of all time: Ten motors with the mos...

Whether you love or loathe Halloween, it's an opportunity for petrolheads to reminisce about some of the most horrifying vehicles ...

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House prices edge higher in October, says Nationwi...

House prices edged higher this month, according to the latest figures from Nationwide Building Society.

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Do we need to be concerned about the safety of Chi...

During rigorous laboratory crash tests, the £20k Dongfeng Box scored just three stars in Euro NCAP's assessment, having been marke...

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Nationwide penny shortage leaves retailers struggl...

With the Treasury Department no longer minting the one-cent coin, some businesses are offering perks to customers who bring in pen...

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SNAP funding is set to lapse Saturday. Here's what...

With food-stamp funding set to lapse Saturday, recipients are asking what happens to their benefits — and when help might resume....

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Senate approves Democratic resolution to block Tru...

The Senate voted Thursday to approve a resolution that would block President Trump's tariffs on countries around the world, the th...

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Furloughed federal workers are taking out loans to...

Federal workers are turning to low-cost loans to help tide them over financially as the U.S. government shutdown drags on.

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Number of British business in 'critical' financial...

The number of businesses in 'critical' financial distress surged 78 per cent year-on-year, with 55,530 companies affected in the t...

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Shares in challenger bank Shawbrook surge on Londo...

Shawbrook shares soared in early trading on Thursday after the challenger bank made its London Stock Exchange debut.

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From luxury single-seat pods to the return of Godz...

From Lexus making a single-seat premium pod to get around town, to Mazda's new combustion engine technology that's cleaner than an...

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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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