Business

‘Varney & Co.’ host Stuart Varney warns NYC Mayor Zohran Mamdani’s tax proposals could drive jobs, capital and residents out of New York as a $12.6B deficit looms. New York City hotel rates could climb even higher after hotel owners signed what industry officials describe as the most expensive union …

It is imperfect to stay on top of your personal finances (Image: Getty) Savers have been warned that inflation has eroded their savings pots by around £1,400 over the past five years. Experts warned they could face a similar fate in future if price pressures continue. Since the previous inflation …

Vertiv CEO Giordano Albertazzi discusses his company’s support for tech giants in A.I. infrastructure on ‘The Claman Countdown.’ Meta’s artificial intelligence overhaul is now hitting one of the country’s largest tech corridors, with the Facebook parent company preparing to cut nearly 1,400 workers across Washington state. New filings submitted to …

John Lewis has formally closed one of its major UK distribution centres after more than 40 years as the retailer accelerates investment in automation technology. The Blakelands national distribution centre in Milton Keynes has long formed part of the retailer’s logistics network, supporting operations across John Lewis department stores and …

Check out what’s clicking on FoxBusiness.com. This year’s FIFA World Cup is a historic one on multiple levels, from its new 48-team format to the 104 total games played beginning June 11.  It’s a tournament for the ages and one that needs help behind the scenes to provide insight, innovation …

Nationwide has launched a savings account exclusively for members with a 5% interest rate. Members of either Nationwide or Virgin Money (which was absorbed into the building society this year) with a qualifying account may be eligible for the Member Exclusive Online Bond. To become a member you have to …

Nationally syndicated radio host Dana Loesch says the Supreme Court’s ruling on Louisiana redistricting favored the Constitution on ‘The Evening Edit.’ The Congressional Black Caucus is pressuring major corporations across the country to publicly oppose Republican-led congressional redistricting efforts that critics say could weaken Black political representation following a recent …

People trying to stay cool at home during the May heatwave may want to do some quick checks. The UK experienced its hottest ever weather for the month of May in the on-going hot spell. You may have retreated indoors to escape the blazing sun, but experts have warned you …

More than four million Nationwide customers will receive a £100 payment in their current account within weeks. The latest Fairer Share payment, totalling around £440million, will be paid from June 10 to eligible members who use Nationwide for their everyday banking, in addition to having a qualifying savings account or …

HMRC has issued a tax update for state pensioners who want to continue working. The Government explained how tax and National Insurance works when retirees draw a state pension income, which is worth up to £965.20 every four weeks. April’s 4.8% increase to the State Pension has brought the annual …