Check out what’s clicking on FoxBusiness.com Amazon founder Jeff Bezos’ aerospace company Blue Origin will soon have a new CEO, the company confirmed to FOX Business on Monday. Bob Smith, CEO of Blue Origin, speaks during a Q&A on the launch of Project Kuiper on April 5, 2022, in Colorado …
Read More »DWP slams pensioner with £22,000 bill after they found error in Pension Credit application | Personal Finance | Finance
A man was hit with a huge £22,000 bill after the DWP spotted an error in his Pension Credit application made in 2017. Robert Vincent will be paying money back well into his eighties after the DWP found his private pension income was higher than the amount he had stated in …
Read More »Mortgage delinquency rates fall across the U.S.
Mortgage delinquency rates remain at a historic low. (iStock) Despite a housing market pressured by high mortgage rates and home prices, many Americans have been keeping up with their housing payments, according to a study. In fact, only 2.6% of all mortgages in the U.S. were in a stage of …
Read More »DWP Christmas Bonus: How much is it, when is it paid and who is eligible? | Personal Finance | Finance
Millions of Britons are due to receive a Christmas Bonus payment from the DWP to help with living costs. Each year, the Department of Work and Pensions (DWP) distributes a one-off tax-free £10 payment just before Christmas. However, this amount has remained unchanged since 1972, resulting in widespread criticism. The bonus …
Read More »Biden admin warns lenders there is ‘no special exemption’ for AI when denying credit
Sen. Mike Braun, R-In., provides insight on growing fears over the technology on The Evening Edit. The Consumer Financial Protection Bureau this week warned that creditors cannot use artificial intelligence to be exempt from giving reasons for denying consumers credit — marking the latest instance of government grappling with how …
Read More »Will mortgage rates go down? Expert forecast for 2023 – ‘no time to delay’ | Personal Finance | Finance
Mortgage holders are being told there’s “no time to delay” to secure a better deal following the Bank of England’s decision to pause interest rate hikes this month. The Monetary Policy Committee (MPC) chose to keep interest rates unchanged at 5.25 percent, which is currently instilling confidence in lenders to …
Read More »Employees ditch office happy hours in favor of staying at home after work
FOX Business’ Madison Alworth speaks with Sean’s Bar and Kitchen owner Sean Reilly on the decline in happy hour attendance. More U.S. workers are trying to draw a line between work life and personal life. For many, that means ditching the happy hour and socializing with employees after 5 o’clock. Instead …
Read More »Below Deck’s Daisy Kelliher sends stark warning to future cast after Colin fling | TV & Radio | Showbiz & TV
Daisy Kelliher first joined the Bravo family in the second series of Below Deck Sailing Yacht as the Chief Stewardess and has become a fan favorite. The chief stew has spoken exclusively to Express.co.uk about her struggle when the show shifted from her “professional life to personal life” due to …
Read More »Buttigieg calls on McCarthy to honor deal with Biden as potential government shutdown looms
FOX News’ senior congressional correspondent Chad Pergram discusses GOP lawmakers blocking an attempt at a House spending bill amid a looming government shutdown and the threat to Kevin McCarthy’s speakership. With time running out for Congress to prevent a federal government shutdown, Transportation Secretary Pete Buttigieg on Sunday called for …
Read More »Mortgage overpayments vs pension boost: Expert explains ‘sensible option’ | Personal Finance | Finance
Overpaying your mortgage should be a serious consideration if people have the cash as they could save tens of thousands of pounds in interest over the years, however, an expert has suggested alternative benefits of paying into one’s pension. Both financial tactics could make a person richer under different circumstances. …
Read More »Powerball numbers drawn for $750 million jackpot
Check out what’s clicking on FoxBusiness.com The Powerball numbers for the estimated $750 million lottery jackpot were drawn on Saturday, and there is still no winner. The winning numbers Saturday night are: white balls 1, 12, 20, 33, 66 and the red power ball 21. The Power Play was 2X. …
Read More »‘Don’t be scared to switch!’ Savers urged to shop around as interest rates remain high | Personal Finance | Finance
Savers have been encouraged to search the market to see if they can get a better interest rate. Bank of England bosses decided this week to keep the base rate at 5.25 percent as inflation continues to fall. Kate Steere, deputy editor at personal finance comparison site finder.com,said now is …
Read More »See inside the Rhode Island hotel that gives guests a complimentary Mercedes
FOX News co-host Judge Jeanine Pirro hits the East Coast to visit Rhode Island’s most extraordinary luxury hotel, Ocean House. Judge Jeanine Pirro is taking an exclusive look inside America’s most luxurious hotels in her new FOX Nation series, “Life of Luxury,” kicking it off with the Ocean House Hotel …
Read More »Disturbing AI voice spoofing phone scam is ‘impossible’ to tell apart from a genuine call | Personal Finance | Finance
Fraudsters are using AI technology to clone people’s voices and trick people into sending over money. Graham Smith, head of customer success at cybersecurity specialist OryxAlign, told Express.co.uk scammers use the latest technology to clone a person’s voice and lure them in. He said: “AI-based voice scams could range from bots …
Read More »AI voice cloning scams on the rise, expert warns
Sen. Mike Braun, R-In., provides insight on growing fears over the technology on The Evening Edit. Scammers are increasingly turning to artificial intelligence (AI) tools to clone the voices of individuals they target on social media to place panicked calls to their family or friends in the hope of convincing …
Read More »Stock markets hit ‘puke point’ as high interest rates set to trigger ‘violent’ 50% crash | Personal Finance | Finance
Wall Street has just suffered its worst week since March, with the S&P 500 and tech-focused Nasdaq both plunging. The S&P 500 has now fallen below its 100-day moving average, which is a key support level. That suggests there is a lot more trouble to come. So far 2023 has …
Read More »New Zealand couple angered by farting dog on 13-hour flight receives $1,400: Report
Check out what’s clicking on FoxBusiness.com A New Zealand couple who moved seats after complaining about sitting next to a farting dog on a 13-hour flight has been given more than $1,400. Gill and Warren Press were traveling home on a Singapore Airlines flight from Paris back in June when …
Read More »State pension warning as triple lock rise forces millions into paying more tax | Personal Finance | Finance
Those claiming the state pension could be dragged into paying taxes next year as their payment sees a substantial boost. These predictions come from recent earnings figures released by the Office for National Statistics (ONS), stating that the state pension could increase by 8.5 percent next April. If this happens, …
Read More »McDonald’s hikes royalty fees for new US, Canada franchise restaurants
Former McDonald’s CEO Jim Skinner analyzes the state of the fast-food industry as the U.S. economy slows on ‘The Claman Countdown.’ Fast-food giant McDonald’s is raising royalty fees for new franchisees throughout North America for the first time in three decades, according to an internal notice obtained by FOX Business. …
Read More »Heat pump warning: Owners face massive bills as insurance deals may not cover pumps | Personal Finance | Finance
Britons are warned they face massive bills by failing to check whether their insurance documents have their appliances covered. Homeowners are being left thousands of pounds out of pocket after swapping gas boilers for heat pumps and finding out they don’t have the right insurance cover. Many people are finding …
Read More »Fed decision to pause rate hikes offers no relief for mortgages: Freddie Mac
Buyers will continue to be stalled by high mortgage rates for now, according to Freddie Mac. (iStock) Chances of homebuyers finding some relief from record-high mortgage rates were dashed after the Federal Reserve restated its intent to keep to its strict monetary policy until inflation returns to a 2% target …
Read More »Desperate Britons flog fridges, cookers and washing machines to cover bills | Personal Finance | Finance
Britons have been stripping their homes bare to cover the rising cost of living with many selling even their fridges and freezers to get by. Almost one in 10 Britons have parted ways with a household appliance or vehicle to raise funds to cover their bills. A poll of 2,000 …
Read More »Ramaswamy woos pro-crypto voters, says he’ll build new policy framework for digital assets
2024 presidential candidate Vivek Ramaswamy discusses the benefits of trade school on ‘The Big Money Show.’ Republican presidential hopeful and billionaire entrepreneur Vivek Ramaswamy is determined to get pro-cryptocurrency voters on his side. Ramaswamy was the headline guest at the annual conference by crypto data firm Messari on Wednesday in …
Read More »Nationwide and NatWest cut mortgage rates as bank of England base rate remains at 5.25% | Personal Finance | Finance
Mortgage rate prices have dipped below 5% and are expected to continue falling after the Bank of England held interest rates at 5.25 percent. Mortgage rates have been declining for the last couple of months as the market reacted to better-than-expected inflation data. Several lenders including Nationwide and NatWest have already …
Read More »Biden administration announces rule to remove medical bills from credit reports
Rep. Richard McCormick, R-Ga., a member of the GOP doctors caucus, discusses White House COVID protocols and questions surrounding Mitch McConnell’s health. The Biden administration on Thursday announced plans to remove medical bills from credit reports through a rule change proposed by the Consumer Financial Protection Bureau (CFPB). The CFPB’s …
Read More »Meter error left retiree paying neighbour’s £400 a month energy bills for six years | Personal Finance | Finance
A retired midwife unknowingly paid her neighbour’s energy bill for several years due to a huge error. Judith Stenner, 72, from Manchester, said a “weight has gone off my shoulders” after MPs intervened to help her get her money back. The mum saw her energy bills increase from £60 a month to …
Read More »Interest rates for mortgages, credit cards and auto loans: where they stand
Payne Capital Management President Ryan Payne and University of Akron Endowment Committee Chair Dennis Gartman discuss the U.S. economy as investors await Fed Chair Jerome Powell’s speech. The Federal Reserve left rates unchanged at its latest meeting this week, but its aggressive rate-hiking campaign over the past 16 months has …
Read More »Interest rates LIVE: Bank of England ends historic streak of hikes to maintain 5.25% | Personal Finance | Finance
Adrian Anderson, director of property finance specialists, Anderson Harris, said: “The decision made today by the Bank of England to keep Base Rate at 5.25 percent was a very close call with MPC members voting five to four to keep rates unchanged. “Whilst this will bring respite for many mortgage …
Read More »Powerball jackpot surges to $725M after 27 consecutive drawings with no winner
The Powerball jackpot continues to rise after no tickets matched all six numbers Wednesday night to claim the $672 million grand prize. The massive jackpot now sits at an estimated $725 million – with a one-time cash payout option of $345.7 million – ahead of Saturday night’s drawing. It is …
Read More »Halifax, Natwest, Lloyds Bank and BoS to close 36 more branches – is one of them yours? | UK | News
Halifax, Lloyds, Natwest and the Bank of Scotland will close 36 more branches, it has been announced. The branches being closed by the four banks span the length of the country, including branches in the Isle of Arran, in Scotland, to Penzance in Cornwall. The closures are expected to take …
Read More »Fox Business Poll: Support for Haley doubles in Iowa, putting her in top three
2024 presidential candidate and former South Carolina Gov. Nikki Haley unveils her plan to combat ‘Bidenomics’ on ‘Varney & Co.’ Donald Trump holds his lead in the Hawkeye State, as a growing share of Iowa Republican caucus-goers prioritize nominating a candidate who can defeat President Joe Biden – and they …
Read More »Dates confirmed for £300 cost of living payment in just over a month | Personal Finance | Finance
Millions of Britons in certain mean-tested benefits are to receive a £300 cost of living payment in just over a month’s time. More than eight million people will be automatically paid the funds between October 31 and November 19. This is the second instalment of a £900 payment going out …
Read More »Fed likely to skip an interest rate hike, but high mortgage rates could be here to stay
Former Federal Reserve Governor Robert Heller provides insight on the Federal Reserve’s moves on ‘Kudlow.’ The Federal Reserve is expected to skip another interest rate hike at the conclusion of its two-day meeting on Wednesday, but the much-anticipated pause may offer little relief to Americans squeezed by higher borrowing costs. …
Read More »POLL: Is Andrew Bailey the governor our Bank of England needs right now? | City & Business | Finance
The institute’s economics fellow, Julian Jessop, said: “Today’s better-than-expected UK inflation data show why forecasters and policymakers should pay more attention to monetary aggregates. “Inflation was widely expected to jump due to higher fuel prices. In fact, it fell, which is consistent with the sharp deceleration in the growth of the …
Read More »Ford reaches tentative agreement with Canadian auto workers
‘Shark Tank’ star and multi-millionaire investor Kevin O’Leary weighs in on the current state of the United Auto Workers strike on ‘The Evening Edit.’ Ford narrowly avoided a dual labor strike in the United States and Canada with the automaker and the Canadian union, Unifor, announcing a tentative deal late …
Read More »Side hustle: Woman quits corporate job to make £80,000 a year as a house cleaner | Personal Finance | Finance
One woman is sharing how she quit her corporate career to instead take on her side hustle full-time as a home cleaner. Kayleen Kelly, 37, from Jacksonville, Florida makes the equivalent of over £80,000 a year cleaning “chronic clutter”. Prior to her side hustle, she was making $28,000 (£22,500) as …
Read More »LARRY KUDLOW: This is why energy has such a huge impact on inflation
FOX Business host Larry Kudlow reacts to President Biden’s climate agenda on ‘Kudlow.’ The Federal Reserve meeting is being held today and tomorrow, with an FOMC announcement followed by the usual Jay Powell press conference slated for tomorrow afternoon, I guess at 2:30. For all you Fed watchers out there, …
Read More »Santander raises savings interest rates to 5.60 percent – list of accounts for September | Personal Finance | Finance
Santander has recently announced further increases to the interest rates of its savings accounts. Earlier this week, the bank confirmed that it was raising the rate of its one and two-year fixed-rate ISAs. This follows a series of interest rate boosts from the bank over the past year to better …
Read More »Housing starts unexpectedly plummet to lowest level since 2020
GuideStone Capital Management President and CIO David Spika discusses the markets, inflation, and how the latest jobs report reflects the current state of the economy. New U.S. home construction dropped in August to the lowest level since 2020, underscoring the ongoing challenges facing the housing market. Housing starts tumbled 11.3% …
Read More »Martin Lewis explains when to fix energy tariff to secure a ‘good deal’ | Personal Finance | Finance
Energy bills are expected to marginally drop in October and as more fixed tariffs emerge, many are questioning what a “good deal” really looks like. Financial journalist and founder of Money Saving Expert, Martin Lewis, answered the question posed to him on ITV’s This Morning programme earlier today, sharing his …
Read More »Powerball jackpot climbs to $672M ahead of Wednesday night’s drawing
The owner of Las Palmitas Mini Market, Navor Herrera, received a $1M check during a press conference with Powerball officials on Thursday morning. (FOX 11) The Powerball jackpot continues to rise after no player claimed to have a ticket matching all six numbers following Monday night’s drawing. The grand prize, …
Read More »‘Should have had a choice!’ Waspi woman calls for fresh thinking on state pension age hike | Personal Finance | Finance
Elizabeth Latham, 68, who lives in Wolverhampton with husband Peter, expected to retire quietly when she turned 60. But thanks to moves to increase the state pension age for women, she didn’t have that option. Now she’s turned into a campaigner for 1950s’ women’s rights instead. Liz has been fighting …
Read More »Oil spikes above $91 on supply concerns
Hilltower Resource Advisors CEO Tracy Shuchart provides insight on the energy sector on “Making Money.” The price of oil continues to rise as Wall Street traders eye a potential supply deficit after Saudi Arabia and Russia extended supply cuts. Brent and West Texas Intermediate (WTI) crude prices have climbed for …
Read More »Martin Lewis discusses new electricity supplier with tariff at 13% below price cap | Personal Finance | Finance
Martin Lewis has spoken about a new electricity supplier that is “definitely worth having a look at” as its tariff is currently 13 percent below the Ofgem price cap. Fuse Energy is an app-based energy supplier supplying only electricity which offers a tariff of £931 a year based on typical …
Read More »UAW rejects Stellantis’ 21% pay hike offer: ‘We’ve asked for 40%’
Former Chrysler and Home Depot CEO Bob Nardelli explains why he thinks the UAW strikes will ‘go on for a while.’ The president of the United Auto Workers (UAW) union says a fresh offer of a 21% pay hike from Stellantis is “definitely a no-go” as his rank-and-file have “asked …
Read More »China wobbles, US slows, EU faces recession – so why are UK shares flying? | Personal Finance | Finance
In 2022, the stock market made sense. The world was going through a rough time, due to war in Ukraine, soaring inflation and rocketing interest rates. Global share prices crashed, as you would expect. The US S&P 500 plunged almost 20%, with New York’s Nasdaq tech index tumbling by a …
Read More »Nonprofit aims to combat veteran homelessness by assisting in transition to civilian life
Nonprofits across the country are focusing on preventing veteran homelessness after receiving millions from federal grants. Nonprofits across the country are focusing on preventing veteran homelessness after receiving millions of dollars from federal grants. The Department of Housing and Urban Development estimates around 500 veterans are homeless in Massachusetts – …
Read More »Record shop urges music lovers not to discard CDs | UK | News
First, it was vinyl which saw a revival in record shops across the UK, but now the CD comeback is underway with dealers reporting that rare albums on the format are at their highest-ever price. While you can probably forget about getting big bucks for Brittany Spears, some of the …
Read More »Millennials, often blamed for killing products, expected to boost key drink market: Study
The popularity of pumpkin spice has exploded in recent years, especially as an ingredient in coffee. And now, it’s in foods like donuts, muffins and goldfish crackers. The global instant coffee market is expected to surge thanks to millennial consumers, a market research firm says. Research and Markets predicts the …
Read More »Sunak warned over triple lock threat as PM accused of ‘policies that ensure defeat’ | Politics | News
A former cabinet minister and an campaign chief for the Tories has warned that Rishi Sunak risks ensuring his party loses the next election unless he changes course on two major policies. Speaking to Express.co.uk the two senior party figures have said that they are alarmed over reports that the …
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