Check out what’s clicking on FoxBusiness.com. Thermos is recalling more than 8 million food jars and bottles after a dangerous defect caused stoppers to “forcefully eject,” leaving some consumers blind. The Illinois-based company’s recall impacts about 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food & Beverage Bottles …
Read More »‘Surprising’ new Nationwide Friday update | Personal Finance | Finance
Nationwide has given an update (Image: NurPhoto, NurPhoto via Getty Images) Fresh figures from Nationwide have revealed that annual house price growth climbed to 3% in April, up from 2.2% in March, with prices rising 0.4% on the month. Property and mortgage experts acknowledged the housing market’s resilience in turbulent …
Read More »Zuckerberg links Meta layoffs to AI spending, won’t rule out more cuts
Meta President Dina Powell McCormick discusses AI innovation, potential threats, and details the platform’s new Muse Spark model on ‘Mornings with Maria.’ Meta CEO Mark Zuckerberg said Thursday the company’s latest round of layoffs is tied to increased spending on artificial intelligence, while leaving the door open to additional job …
Read More »Pension savers warned ‘your tax bill will increase’ as 8.2 million dragged into net | Personal Finance | Finance
Millions face rising tax bills as frozen thresholds drag millions into paying more (Image: Getty) Millions more Britons, including pensioners, are being pulled into paying tax as frozen thresholds continue to bite, new HMRC figures reveal. The latest Personal Incomes Statistics release from the UK’s tax, payments and customs authority …
Read More »Trump signs executive order aiming to expand retirement account access
BlackRock Global Head of Retirement Solutions Nick Nefouse joins ‘Varney & Co.’ to discuss a proposed rule expanding 401(k)s to crypto and real estate. President Donald Trump signed an executive order on Thursday to help expand access to retirement savings accounts for Americans who do not have employer-provided plans. “Beginning …
Read More »Building society’s ‘new’ savings and ISA range has interest rates up to 4.4% | Personal Finance | Finance
Nottingham Building Society has launched a refreshed range of fixed‑rate bonds and ISAs, offering savers the opportunity to lock-in competitive returns for up to five years. The latest update delivers rate increases of up to 40 basis points across the Society’s fixed‑rate bond range, with new rates now paying 4.30% …
Read More »NYC small businesses face strain under Mamdani’s proposed tax credit cut
FOX Business’ Gerri Willis reports NYC Mayor Zohran Mamdani is pushing new taxes on businesses and the wealthy to close a growing budget gap. New York City Mayor Zohran Mamdani’s latest effort to close a widening budget gap is intensifying concerns among business leaders, as his proposal to scale back …
Read More »Interest rates LIVE: Bank of England set to make major announcement at 12pm | Personal Finance | Finance
The housing market is showing early signs of stabilisation, but the detail in the March data underlines just how distorted the backdrop still is, says Ian Futcher, financial planner at wealth management firm Quilter. He said: “Markets are firmly expecting a hold, but that should not be mistaken for stability. …
Read More »Nearly 13,000 children’s tower stools recalled over collapse, tipping risk
Check out what’s clicking on FoxBusiness.com. Nearly 13,000 toddler towers across three brands were recalled after dozens of incidents and 21 injuries were reported due to the stools collapsing or tipping, according to federal regulators. The three affected products — Toetol Tower Stools, Wiifo Children’s Tower Stools and Amzcmj DGD …
Read More »Lloyds Bank to pay 1 group of customers £829 compensation | Personal Finance | Finance
It comes as various banks and vehicle manufacturers with finance divisions, which have collectively set aside billions of pounds for compensation, review whether they need to adjust their provisions or challenge the scheme legally. The banking group had previously considered launching a legal challenge against the scheme, as it believed …
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