Business

The growth of artificial intelligence (AI) is putting more than 200,000 European banking jobs at risk by 2030, new analysis warns. The assessment by Morgan Stanley predicts back- and middle-office roles will be among those most affected by cuts.  It comes as banks increasingly look to AI to help make …

President Donald Trump threatened to sue Federal Reserve Chair Jerome Powell over the central bank’s costly renovation project. Ahead of the New Year’s holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January.  Current Chair Jerome Powell’s term expires …

Millions of households will see their energy bills rise on Thursday, just as much of the UK braces for icy weather and cold-health alerts. The average household on a standard variable tariff in England, Scotland and Wales will pay around £1,758 a year under Ofgem’s new price cap on January …

Israeli Amb. to the U.N. Danny Danon discusses President Donald Trump’s meeting with Israeli Prime Minister Benjamin Netanyahu, the next phase in the Gaza peace deal and more on ‘The Claman Countdown.’ Boeing was awarded a nearly $8.6 billion contract to build 25 new F-15A aircraft for the Israeli Air …

Brits who have thousands sat in their bank account have been given a warning. Yorkshire Building Society has said that over 12 million current accounts are earning 1% or less in interest on balances above £5,001. Earlier this year, research estimated that a staggering £526 billion is currently sitting idle …

OLeary Ventures Chairman Kevin OLeary joins Mornings with Maria to discuss why more rate cuts are unlikely, the growing divide within the Federal Reserve and the global fallout if political influence threatens Fed independence. Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting …

Almost 20 postcodes across the UK have fallen below freezing, making thousands of people eligible for Cold Weather Payments. The Department for Work and Pensions began making payments in November. The payments are £25 paid to those eligible every time the average temperature in their area falls to zero degrees …

‘The Big Money Show’ panel discusses President Donald Trump’s upbeat economic forecast, rising real wages, private-sector job growth and how upcoming tax refunds could shape the 2026 midterms. American workers at the bottom end of the pay scale are set to see the minimum wage rise in 19 states effective on …

Households across the UK are being urged to read their energy meter and take a photo of the reading before Thursday to avoid overpaying on their bills. Energy bills are set to rise slightly from January 1 as Ofgem increases its price cap by 0.2%, meaning higher bills for households …

Check out what’s clicking on FoxBusiness.com. Grass-fed ground beef that was distributed to six states has been recalled over possible E. coli contamination, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service. The recall by Mountain West Food Group, LLC, based in Idaho, affects more than 2,800 …