Crossmark Global Investments chief market strategist Victoria Fernandez gives her take on the banking crisis on ‘Making Money.’ A mix-up at a Dutch warehouse led JPMorgan Chase to mistakenly purchase bags of stones that were thought to be nickel, according to a new report. The report from The Wall Street …
Read More »Stagnant wage growth sees UK incomes fall 8 TIMES further behind Germany | Personal Finance | Finance
Real wage growth – the rate at which earnings increase after taking inflation into account – has been poor to non-existent in the UK since the 2008 recession. As the Treasury prepares to enact a range of policies to kick the labour market into gear, a new report has emerged …
Read More »Stuart Varney: Bailouts are bad, but a crash is worse
Varney & Co.’ host Stuart Varney explains why Washington lawmakers would rather bail out banks than let them fail as they did in 2008. During his “My Take,” Monday “Varney & Co.” host Stuart Varney addressed recent banking fears raised by the specter of a 2008-like financial crisis, arguing that, …
Read More »Inflation alert: ‘Good news’ for savings as CPI rate to drop below three percent | Personal Finance | Finance
Inflation has been one of the main contributing factors to the rise in the cost of living in the past year. However, CPI inflation is to fall significantly throughout the year which will be “good for savers”, according to experts. During his Budget speech last week, Chancellor Jeremy Hunt said …
Read More »EV batteries lack reparability leading some insurers to junk whole cars after even minor collisions
American Conservation Coalition founder Benji Backer discusses the pros and cons of electric vehicles and green energy on ‘Kennedy.’ A scratched or slightly damaged electric battery might be enough for some insurers to write off entire cars, as for many electric vehicles there is no way to repair battery packs …
Read More »Top bond ETFs for 2023
BlackRock global head of ETFs and index investments Salim Ramji discusses the popularity of ETFs after 2022 became the second best year for the investment vehicle on ‘The Claman Countdown.’ As you’re allocating your investments for 2023, it may be worthwhile to consider bond ETFs. “Bond ETFs hold bonds within …
Read More »DWP benefit and cost of living payments expected to be paid in March and April | Personal Finance | Finance
The warm home discount has been given to eligible households between October 2022 and March 2023 as a one-off £150 discount on their electricity bill. However, people may be able to get the discount on their gas bill instead if it’s with the same supplier. Prepay and pay-as-you-go customers will …
Read More »UBS reaches agreement to buy Credit Suisse after upping offer: report
Former Federal Reserve Governor Robert Heller, Solus Alternative Asset Management strategist Dan Greenhaus and Zaye Capital Markets CIO Naeem Aslam discuss the Fed’s rate hike trajectory as Credit Suisse instability threatens global markets. The Swiss government is reportedly set to announce a deal Sunday that will allow UBS, the largest …
Read More »Benefits warning as millions of pensioners face missing out on monthly £400 boost | Personal Finance | Finance
From April 2023, Attendance Allowance is going up in line with September’s inflation rate of 10.1 percent meaning state pensions on the higher rate will get over £400 a month. As the cost of living crisis continues, pensioners are urged to claim all the benefits they are entitled to as …
Read More »CEO explains how a ‘leapfrog in technology’ can help companies catering to the blind community
Be My Eyes CEO Mike Buckley discusses the tech world’s reaction to SVB collapse and introduces his new digital visual assistant tool on ‘The Claman Countdown.’ The growth of artificial intelligence (AI) has prompted numerous companies to invest in and utilize technology to enhance their products and services. One CEO …
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