Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown. The Federal Reserve left its benchmark interest rate unchanged this week despite three dissenting votes …
Read More »Millions warned of new ‘stealth tax’ as new HMRC rule brings in fines | Personal Finance | Finance
Millions could face larger HMRC fines under proposed new tax penalty rules. (Image: Getty) Millions of self-employed workers and landlords could face hefty fines for “innocent tax return mistakes” under new HMRC proposals that critics have branded a “stealth tax” on paperwork errors. The tax authority is consulting on plans …
Read More »Commerce Department to take equity in seven tech companies on track for funding
Commerce Secretary Howard Lutnick explains how he restructured the CHIPS Act to ensure American taxpayers receive a 10% stake in Intel’s success. Lutnick emphasizes this unprecedented move for the U.S. government’s investment strategy. The Commerce Department indicated that the federal government is on track to dole out millions of dollars …
Read More »Parents to spend nearly £50 per child on ice creams this summer – but that’s not all | UK | News
Parents will fork out almost £50 per child on ice creams over the summer holidays – with one in 10 paying as much as £4 a cone from an ice cream van. The majority of parents (85%) believe that paying 99p for a whippy ice cream is a thing of …
Read More »June PCE: Fed’s favored inflation gauge showed price growth eased
A panel discusses the weeks market selloff, driven by inflation fears, rising oil prices and disappointing Big Tech earnings on Barrons Roundtable. The Federal Reserve’s preferred inflation gauge fell in June, as the pace of price growth pulled back amid volatility in energy markets. The Commerce Department on Thursday reported that …
Read More »HMRC checking people’s bank statements as 5,000 investigations opened | Personal Finance | Finance
HMRC officials have launched investigations (Image: Getty) HMRC opened nearly 5,000 formal tax inheritance enquiries during 2025/26. This marks an 18% rise on the previous year with the tax, payments and customs authority checking bank statements for unreported gifts that could be liable for death duties. Officials also check for …
Read More »US economy grew 1.5% in second quarter, Commerce Department estimates
Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown. U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the …
Read More »Brits should ‘prepare for interest rises’ as urgent money warning issued | Personal Finance | Finance
Money experts urged Brits to “prepare for interest rises” and issued fresh advice to housebuyers following the Bank of England’s decision to hold rates. The Bank’s monetary policy committee (MPC) voted six to three to keep its key base interest rate at the current level of 3.75%. However, the bank …
Read More »Trump weighs tighter AI controls amid OpenAI security scare
OpenAI CEO Sam Altman responds to those afraid of artificial intelligence and recent Hugging Face hacks on FOX Business. President Donald Trump said Wednesday his administration is considering additional safeguards for artificial intelligence following a recent cybersecurity incident involving multiple OpenAI models undergoing internal security testing. Asked about reports that …
Read More »Zack Polanski just crashed and burned – dire warning for Andy Burnham | Personal Finance | Finance
The Green Party leader seemingly came out of nowhere. Nobody paid much attention to the Greens until the charismatic Polanski swept to the leadership with 84% of the vote in September 2025. Suddenly, it felt like the whole country was watching. The results have been both startling, and highly predictable. …
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