Business

Rachel Reeves is said to be plotting a huge £4billion pension tax raid in her Budget later this month. The Chancellor is believed to want to axe fiscal breaks available to staff and employers who save cash in workplace pensions, which could cost the average worker £210 a year. “Salary …

Federal Reserve Governor Christopher Waller joins ‘Kudlow’ to discuss the latest happenings at the Federal Reserve. Federal Reserve governor and chair candidate Christopher Waller joined “Kudlow” to shut down Chairman Jerome Powell’s claim the agency is driving through “fog.” Powell said Wednesday the lack of key economic data caused by …

Brits have been told how to qualify for the winter fuel allowance, even if they earn over £35,000. If you were born before September 22, 1959, you could get between £100 and £300 to help you pay your heating bills for winter 2025 to 2026. Those receiving a state pension …

Check out what’s clicking on FoxBusiness.com. The Mega Millions jackpot has climbed to an estimated $754 million for this Halloween drawing, a record for the spooky holiday.  The Tuesday prize, which had no winners, then boasted an estimated prize of $714 million. The white balls were 2, 19, 33, 53 …

Turkey prices have soared by double-digits this year in a new blow to Christmas shoppers, an analysis shows. The price of the festive bird has jumped by almost 30% in some supermarkets, according to the retail and food publication The Grocer. Using data from retail analysts Assosia, The Grocer examined …

tifel Chief Washington Policy strategist Brian Gardner discusses the looming effects of the government shutdown on ‘The Claman Countdown.’ The four largest U.S. airlines are now adding pressure on Democrats to “pass a clean CR” and reopen the government as Transportation Security Administration (TSA) workers and air traffic controllers are …

The pension triple lock is trapping the UK in a “vicious circle” of “paying higher taxes” to benefit retirees, according to an influential thinktank. Under the triple lock guarantee, which was introduced by the Conservative and Liberal Democrats coalition government in 2010, the state pension increases every April in line …

Check out what’s clicking on FoxBusiness.com. This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). Popular artificial intelligence (AI) chatbot platform Character.ai, widely used for role-playing and creative storytelling with virtual characters, …

Households in England, Scotland and Wales aren’t claiming thousands of pounds a year in pension credits they could be eligible for, a Department for Work & Pensions report published today revealed. In 2023-2024, 32% of potentially eligible households were missing out on claiming more than £50 per week in pension …

U.S. Treasury Secretary Scott Bessent discusses President Donald Trump’s Asia visit, the finalized US-China agreement, the government shutdown and the finalists of the Federal Reserve’s next chairman. Treasury Secretary Scott Bessent escalated his feud with Senate Democrats Wednesday night, blasting Sen. Elizabeth Warren, D-Mass., and Sen. Amy Klobuchar, D-Minn., as …