Credit cards can be both a blessing and a curse. They’re great for building your credit score and grabbing extra protection for online purchases. Section 75 of the Consumer Credit Act covers you when spending between £100 and £30,000 if things go wrong. The curse? People can end up sinking …
Read More »Apple to lead smartphone shipments in 2025 for first time since 2011
‘The Big Money Show’ panel discusses Counterpoint Research’s prediction that Apple will reclaim its crown as the world’s largest smartphone maker. Apple’s smartphone shipments in 2025 are expected to top Samsung’s for the first time in over a decade and become the world’s leading seller of smartphones, according to a …
Read More »‘Budget tax hikes will hit small businesses – but good news too | Personal Finance | Finance
Young entrepreneur Grace Hardy said the Budget will make it harder for young people to build wealth, especially those keen to start businesses. She picked out the decision to increase basic rate income tax by 2% on earnings from property, savings and dividend income. This will hit savers, landlords and …
Read More »College grads lose job-market edge as unemployment gap with high school grads hits historic low
Korn Ferry Vice Chairman Alan Guarino tells Mornings with Maria that despite weak payroll data and a looming government shutdown, America’s job market is still poised for smart, long-term growth. College graduates may be losing their edge in the labor market, as the unemployment gap between them and workers with …
Read More »Rachel Reeves pledges to ‘cut energy bills by £150’ as Tory scheme scrapped | Personal Finance | Finance
Chancellor Rachel Reeves has announced plans to scrap the Eco energy scheme, which she says will cut household energy bills by £150. She told the Commons: “The Conservatives’ ECO (energy company obligation) scheme was presented as a plan to tackle fuel poverty. It costs households £1.7 billion a year on …
Read More »HP to cut up to 6,000 jobs by 2028 in major AI transformation push
Check out what’s clicking on FoxBusiness.com. HP announced Tuesday that it plans to cut between 4,000 and 6,000 employees by the end of 2028 as part of its push to adopt artificial intelligence. The potential layoffs at the Palo Alto, California-based company could represent up to 10% of its workforce, …
Read More »Nationwide clarifies rules for £175 payments | Personal Finance | Finance
Nationwide Building Society has provided an update over who exactly is eligible for a 175 payment. The mutual is paying £175 you will switch from a non-Nationwide bank account to a new or existing FlexDirect, FlexAccount or FlexPlus account with them. The qualifying rules include a restriction that at first …
Read More »November consumer confidence hits lowest level since April
J.P. Morgan Asset Management chief global strategist David Kelly assesses the state of the economy, American exceptionalism and more on Making Money. Consumer confidence fell more than expected in November and hit the lowest level since this spring, according to the latest data from The Conference Board. The Conference Board …
Read More »I write about Rachel Reeves every day – 3 things she must do in Budget | Personal Finance | Finance
Rachel Reeves is putting the finishing touches to her second Budget. We can’t say for certain what’s in it, but one thing is clear. We’re not going to like it. She looks set to hike a heap of taxes while doing nothing to get a grip on public spending. The …
Read More »Gas prices hold steady for Thanksgiving travel after years of increases
‘The Big Money Show’ panel discusses how Americans are still opening their wallets this Black Friday despite inflation, rising credit card debt and fears of an economic slowdown. For Thanksgiving travelers, there’s a bit of good news at the pump: gas prices are holding steady, a far cry from the …
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