New York Post columnist Karol Markowicz discusses schools struggling to accommodate the massive influx of migrant students, the rise of antisemitism on college campuses and the ongoing border crisis. Tech billionaire Elon Musk weighed in Wednesday on the massive migrant caravan headed to the U.S.-Mexico border. Taking to his platform …
Read More »Retirement ‘trick’ could boost your state pension payments by £3,000 – how to claim | Personal Finance | Finance
One of the reasons someone may be missing National Insurance contributions is if they are looking after a loved one. According to research carried out by PensionBee, 20 percent of 55 to 64-year-olds give unpaid care to their grandchildren. As such, thousands of future retirees are at risk of losing …
Read More »Norwegian Cruise Line scrapping Israel voyages in 2024 due to war with Hamas
Army special forces intelligence analyst Jeremy Thompson discusses the situation on the ground in Israel on “Varney & Co.” Norwegian Cruise Line Holdings says it’s scrapping visits to Israel well into next year. The Miami-based company revealed Wednesday morning that it was “in the process of cancelling (sic) all calls …
Read More »Martin Lewis warns pensioners ‘do not bin it’ as HMRC sends out letters worth thousands | Personal Finance | Finance
Martin Lewis has issued an urgent warning for those aged 65 and over not to bin a crucial letter that may be coming in the post. During The Martin Lewis Money Show last night, he urged Britons to spread the word to any female pensioners: “Do not bin it”. His …
Read More »Fed leaves interest rates unchanged again despite still-high inflation
Jerome Powell holds a press conference after the U.S. central bank made a decision on interest rates. The Federal Reserve on Wednesday held interest rates steady for the third time this year even as central bankers confront a surprisingly resilient economy and still too-high inflation. The widely expected decision left …
Read More »TikTok creator shares ‘game changing’ savings hack for cutting your petrol costs | Personal Finance | Finance
In a recent video, Ms Houghton broke down why motorists should download this app to make big savings on petrol. Her TikTok was captioned: “The biggest hack for saving money on petrol – have you tried this out? Let me know.” The content creator shared: “I just found the biggest …
Read More »Schumer, Democrats call for FTC probe of Exxon, Chevron acquisitions
Heritage Foundation economist Diana Furchtgott-Roth discusses the impact of the Israel-Hamas war on U.S. oil prices and inflation on ‘Varney & Co.’ Senate Majority Leader Chuck Schumer, D-N.Y., and 22 Democratic senators sent a letter to the Federal Trade Commission (FTC) asking the regulator to investigate record-breaking deals by Chevron …
Read More »Benefits scammer lied about having cancer to get up to £23,000 in DWP payments | Personal Finance | Finance
A fraudster who lied about having cancer to claim benefit payments from the Department for Work and Pensions (DWP) has been jailed. Joan Lesley Clarke, 62, forged fake letters from cancer specialists to scam the DWP and get payments. Ms Clarke admitted three charges of fraud by false representation, four …
Read More »Private sector job growth increases less than expected in October: ADP
FreedomWorks senior economist Steve Moore provides insight on the state of the economy on ‘Making Money.’ Hiring by U.S. companies increased less than expected in October, the latest sign that the labor market is starting to cool in the face of higher interest rates, according to the ADP National Employment …
Read More »Martin Lewis issues home and car insurance alert on exact day you should renew policy | Personal Finance | Finance
Martin Lewis has issued an urgent clarion call for those looking to get cheaper quotes on their car insurance. On the Martin Lewis Podcast, he explained to co-host Nihal Arthanayake how Britons can make savings, especially as insurance continues to increase, with the most recent figures citing a 61 percent …
Read More »North Carolina officials seize $170K of THC-infused snacks, candy packaged using counterfeited brands
Former Homeland Security official Ashley Davis discusses why parents should be concerned about the fentanyl crisis in America on ‘Fox Business Tonight.’ Nearly $170,000 worth of THC-laced candy and snacks have been removed from stores in North Carolina in the weeks leading up to Halloween. The North Carolina Secretary of …
Read More »Gym payments battle works out for fitness fanatic
It has been a test of her persistence that she hadn’t expected, but all has worked out well for a fitness fan over her gym membership.
Read More »Families can save money on energy bills – but only if they make these home improvements | Personal Finance | Finance
Experts are revealing how households can slash their annual energy bill in half thanks to eight simple home improvements. Energy regulator Ofgem has announced a reduction to the energy price cap this winter but one in three families will still pay more towards their gas and electricity costs. Despite the …
Read More »Today’s mortgage rates hold steady for 30-year terms as 15-year terms fall
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The …
Read More »Millions making sacrifices to boost their pension pots | Personal Finance | Finance
The average 45 to 54-year-old has around £88,000 saved for retirement but the amount needed for a moderate standard of living in later years is £248,000. That means a pension savings gap of £160,000, according to analysis by the think tank Phoenix Insights. Now midlifers are cutting back on holidays …
Read More »Coalition calls on Congress to repeal Biden’s prescription drug price controls
Republican Missouri Rep. Jason Smith discusses the reconciliation bill’s effects on the pharmaceutical industry on “Kudlow.” EXCLUSIVE — A coalition of more than 40 groups is calling on Congress to repeal the Drug Price Negotiation Program included in the Inflation Reduction Act (IRA) that passed last year, arguing that the price …
Read More »Over 50s urged to put more money into retirement savings to ‘build better’ pension | Personal Finance | Finance
Some 18 percent of future retirees polled shared they have deprioritised short-term splurges on holidays and luxury items. Over two-fifths of respondents would consider giving up eating out and takeaways and three in ten would even cut back on Christmas spending. Among the most significant lifestyle changes indeed downsizing homes …
Read More »New chef in town: White Castle brings robot in for fast-food cooking
White Castle Vice President Jamie Richardson shows how ‘Flippy’ the robot flips burgers and drops fresh fries at 100 locations nationwide. One of America’s most iconic burger chains is joining in the technology takeover restaurants across the country are testing out. White Castle, a fast-food chain, announced it has teamed …
Read More »Base Rate decision ‘on knife edge’ due to ‘sticky’ inflation – analyst calls for reduction | Personal Finance | Finance
Base Rate decision ‘on knife edge’ due to ‘sticky’ inflation – analyst calls for reduction (Image: Getty) Mortgage approvals for house purchases have fallen to their lowest rate since January while net approvals for remortgaging have fallen to their lowest point in 24 years, new data shows. According to the …
Read More »Personal loan interest rates edge down for 5-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The …
Read More »POLL: Should Jeremy Hunt cut inheritance tax in the Autumn Statement? | Personal Finance | Finance
Jeremy Hunt is bracing for the Autumn Statement on November 22 and is facing pressure from MPs to scrap inheritance tax completely. Inflation is still high, at 6.7 percent, meaning Mr Hunt has halted personal tax cuts in the Autumn Statement. However, a poll for the Telegraph found Brits believe …
Read More »Tom Cruise’s ‘Mission: Impossible’ release pushed back: Hollywood star plagued by delays and injuries
Liz Claman on movie theaters reopening Tom Cruise is facing another box office delay, now that Paramount Pictures has announced that the eighth installment of “Mission: Impossible” is being pushed back by one year. The ongoing SAG-AFTRA strike halted production, forcing the studio to move the release date from June …
Read More »Petty millionaire withdraws entire savings and orders bank to count it after row | Personal Finance | Finance
A millionaire, known as ‘Sunwear’ on the social network Weibo, withdrew his savings and demanded the bank count the cash after losing his temper following a visit to a branch of the Bank of Shanghai in China. ‘Sunwear’ reportedly withdrew ¥5million (around £566,000), which was said to be the maximum …
Read More »Cruise pauses driverless vehicle operations across US amid safety probe
Check out whats clicking on FoxBusiness.com Self-driving car company Cruise announced that it’s pausing the operations of its driverless fleet while it reviews its safety procedures in the wake of a suspension by the state of California. Cruise announced Thursday night that effective immediately it was suspending driverless operations in …
Read More »What was Matthew Perry’s net worth and how much was he paid for Friends? | Celebrity News | Showbiz & TV
What was Matthew Perry’s net worth? As of October, the actor had an estimated net worth of $120million, according to Celebrity Net Worth. What was Matthew Perry paid for Friends? Perry made a huge sum while working on the sitcom. The cast famously signed a $1m per episode pay deal …
Read More »Apple earnings, Fed decision and jobs data top Wall Street week ahead
Retirees Tom Chamberlain, Jeanne Rogers, and Richard Cimba joined ‘Making Money’ to provide a relatable perspective on investment strategies and how individuals can gain financial literacy. Investors are gearing up for another busy week of earnings and economic data, including the jobs report for October. Meanwhile, on Wall Street, stocks …
Read More »Council tax discounts see thousands of resident bills cut by 100% – check if you can claim | Personal Finance | Finance
Council tax support is a benefit to help people who are on a low income or claiming certain benefits to pay their council tax bill. Those who have reached state pension age – currently 66 – can get council tax support to cover 100 percent of their bill. How much …
Read More »Most US civilian firearms exports halted for 90 days: Commerce Department
Fox News correspondent CB Cotton discusses ‘concern’ over a gun owner database accessible by the government on ‘Varney & Co.’ The United States has halted the export of most civilian firearm exports for the next 90 days, the U.S. Department of Commerce said late Friday. Citing national security reasons, the …
Read More »Couple launch hamper business with £350 to turnover £100,000 in one year | Personal Finance | Finance
‘We launched our hamper business with £350 and turned over £100,000 in one year’ (Image: Jill Henderson) A couple from Lancashire turned over six figures in one year after launching a hamper business on Amazon. Inspired by Dragons’ Den to become entrepreneurs, Jill, 37, and Mark Henderson, 39, say they …
Read More »Walmart shopper finds Velveeta mac and cheese for 50 cents a box, sparking viral brand debate
Check out what’s clicking on FoxBusiness.com A Walmart shopper has gone viral on social media after capturing her fiancé’s reaction to learning that Velveeta Shells & Cheese is selling for only 50 cents a box. The video posted by TikTok user @alissa_2711, has garnered over 2.6 million views and 160,000 …
Read More »Railing against cost of coffee as prices soar | Personal Finance | Finance
Caffe Nero has ratcheted up the cost of a large latte from £3.30 last summer to £3.80 today. Large cappuccinos are also up 50p, from its Manchester Piccadilly branch. Meanwhile, Costa says “increasing costs” are behind its price hikes. Last year a large latte or cappuccino was £3.85 at its …
Read More »Business leaders giving raises will do so for only 50% of employees in 2024
Michael Lee Strategy founder Michael Lee and CFRA senior equity analyst and vice president Garrett Nelson weigh the UAW strike’s impact on the stock market. A handful of business leaders that are offering raises in 2024 are doing so for only half of their workforce. Sometimes, it’s less. It’s a …
Read More »Mortgage borrowers warned against being ‘hypnotised’ by headline rates as fees rise | Personal Finance | Finance
Borrowers are being warned against the increasing number of low-rate high-fee mortgage deals on the market as they may not be entirely beneficial. Virgin Money has most recently launched a string of new fixed-rate mortgages with a one percent fee, which brokers have likened to “taking a leaf out of …
Read More »Los Angeles, other liberal cities among biggest targets as organized crime problem costs retailers billions
Storch Advisors CEO and former Toys ‘R’ Us CEO Gerald Storch weighs in on retail crime and the iconic children’s’ store reopening across the U.S. Organized retail crime is surging in large cities across the U.S., according to a recent national survey. The National Retail Federation — the largest retail …
Read More »Millions unaware of Warm Home Discount – full list of suppliers offering £150 saving | Personal Finance | Finance
As the Warm Home Discount Scheme opens, millions are reminded of the savings they can be making if they qualify. The scheme offers a one-off £150 payment to help eligible, low-income customers in England, Scotland and Wales pay their energy bills over the winter. It will provide more than three …
Read More »Blackstone CEO says remote workers don’t work as hard
Public Ventures President and Chief Market Strategist Lou Basenese discusses the unintended consequences of COVID policies on ‘Varney & Co.’ Blackstone CEO Stephen Schwarzman believes employees slack off when they work remotely, and that is a reason companies are having difficulty luring many back to the office. The billionaire, whose …
Read More »State pension payments to exceed £11,000 next year but calls to ‘replace’ triple lock rise | Personal Finance | Finance
What is the triple lock? This is a pledge by the Government to raise the state pension every year based on either the rate of inflation, average earnings or by 2.5 percent. Whichever is higher is used as the metric to hike payment rates with pensioners guaranteed to receive a …
Read More »Travelers sound off on United’s new boarding policy
Passengers stand in line to go through security at Charlotte Douglas International Airport (CLT) in Charlotte, North Carolina ((Photo by Daniel SLIM / AFP) (Photo by DANIEL SLIM/AFP via Getty Images)) United Airlines is debuting new plans to let economy passengers with window seats board first. The airline’s new boarding …
Read More »OVO customers could earn up to £160 this winter with energy bill saving scheme | Personal Finance | Finance
Energy provider OVO has announced it will be joining the National Grid ESO’s Demand Flexibility Scheme (DFS) to reward customers for switching their energy usage out of peak times this winter. Running from November 1, 2023, to March 31, 2024, Power Move Plus customers could earn up to £100 for …
Read More »State Farm reports dramatic drop in catalytic converter theft claims
Check out what’s clicking on FoxBusiness.com Insurance giant State Farm says claims over the theft of catalytic converters are down significantly this year after skyrocketing in 2022. The company released fresh data this week showing there were around 14,500 claims linked to criminals stealing the pricey auto part off customers’ …
Read More »Portugal has been ranked as the best European country to retire in | Retirement | Finance
As we head towards a dark, cold winter here in the UK, perhaps many are starting to ponder living in warmer climes elsewhere – especially those edging towards retirement. A new study has found that Portugal might just be the best place to retire in, and indeed the best place …
Read More »Sam Bankman-Fried says lawyers involved in key decisions before FTX collapse
CryptoLaw founder John Deaton joins Making Money to discuss the case against former FTX CEO Sam Bankman-Fried. FTX founder and former CEO Sam Bankman-Fried testified on Thursday without the jury present at his federal fraud trial that the lawyers for his bankrupt cryptocurrency exchange were involved in key decisions as …
Read More »Pension savers overcharged £61million in tax due to ‘ludicrous quirk’ of system | Personal Finance | Finance
Savers reclaimed a record £61 million in over taxation on pension withdrawals in July, August and September this year – the highest three-month figure since records began. Savers are getting up to £3,252 back on average after being hit with a bloated tax bill. Since 2015, HMRC has chosen to …
Read More »Pilots say they need to prioritize their mental health as pressures mount
Samsara co-founder and CEO Sanjit Biswas explains how the Internet of things company got American Airlines’ Dallas hub to decrease flight delays on ‘The Claman Countdown.’ A pilot’s mental health is “just as important as having a good set of eyes to see what’s going on,” American Airlines pilot Captain …
Read More »Santander confirms reduction to mortgage interest rates for homeowners | Personal Finance | Finance
Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, particularly highlighted the bank’s five-year fixed-rate mortgages. She explained: “This week, Santander has reduced the rate on its five-year fixed rate deal by 0.29 percent, now priced at 5.15 percent, available to house purchase customers at 90 percent loan-to-value. “Borrowers looking to secure a …
Read More »UAW and Ford reach tentative deal on new labor contract
Comodo Motors general manager Jordan Baker joins The Big Money Show to discuss the impact on auto dealers and car buyers from the ongoing UAW strike. The United Auto Workers (UAW) union and Ford announced a tentative new labor deal with Ford aimed at bringing to an end the union’s …
Read More »State pension payments set for second-biggest rate increase but triple lock ‘unsustainable | Personal Finance | Finance
State pensions are set to be awarded their second-biggest rate increase next year – but experts believe this is “unsustainable” in the long term. Retirement payments will go up by 8.5 percent in 2024 if the Government keeps to its triple-lock pledge. The triple-lock is a promise to raise state …
Read More »Man says housekeeper finds missing lottery ticket, leading to his $1M win
Check out what’s clicking on FoxBusiness.com A Massachusetts man has won a $1 million lottery prize on a ticket that he said he lost months ago. Khalil Soussa, from Medford, had purchased the Massachusetts State Lottery “15,000,000 Money Maker” instant game, according to the Massachusetts State Lottery press release. Soussa …
Read More »Rare coins: Man sells old coin at auction for £20,000 after finding it in field | Personal Finance | Finance
An old rare coin found in a Hampshire field has fetched over £20,000 at a recent auction. The gold coin dated back from around 50 BC, is smaller than a fingernail and is stamped with the name Esunertos, a previously unrecorded King from the Iron Age. Detectorist Lewis Fudge found …
Read More »Queen Elizabeth II’s Range Rover hits the auction market after nearly 20 years and over 100,000 miles
Britons queue for hours to bid farewell to Queen Elizabeth II as she lies in state Fans of the Royal family and Her Majesty Queen Elizabeth II might be interested in getting a new vehicle soon. A 2004 Range Rover L322 that is formerly the property of Queen Elizabeth II …
Read More »