Business

If latest forecasts are correct, it could potentially end up being worth five times the inflation rate by the end of the year. While this is undoubtedly good news, it will only go a small way to compensating for Rishi Sunak’s decision as Chancellor to scrap the state pension triple …

Check out what’s clicking on FoxBusiness.com Ten professional sports teams will likely soon have to find new broadcast partners, as their current one is trying to leave the regional sports broadcasting business. Warner Bros. Discovery has told teams of its plans to get out of regional sports within the next …

Many vulnerable people and older Britons may prefer to do their banking in person, and some services will remain available in their local area. A recent survey by Newcastle Building Society found some 18.7 million Britons do not have a local bank branch they can access. Some banks which are …

Horizon Investments CIO Scott Ladner discusses whether the Fed will continue to raise rates if inflation stays in the 5% to 6% range on ‘Varney & Co.’ Shares of the Boeing Co. are falling Friday following the planemaker’s decision to halt deliveries of its 787 Dreamliner. The world’s largest aerospace …

Providers often increase their prices in line with inflation plus an additional few percentage points. This means many consumers face a double-digit percentage increase in the new tax year. Sarah Pennells, personal finance expert at Royal London, said many Britons will see their annual household bills increase by hundreds from …

Heritage Auctions’ Chris Ivy previews sports memorabilia up for auction, including items from Tom Brady, Lou Gehrig and Babe Ruth. Major League Baseball’s spring training begins Friday, and fans will get to be in the stands for a full slate of games for the first time since 2019. The pent-up …

Fierce debates continue to rage on regarding the Government’s future decisions on the triple lock and state pension age. While the triple lock will return in April 2023, offering a 10.1 percent increase in line with September’s CPI inflation figure, its sustainability has been called into question. The Government is …

Check out what’s clicking on FoxBusiness.com Bank of America totaled $1.2 billion in expenses for litigation and regulatory investigations in 2022. The total includes fines and settlements, according to a company filing. The cost was a big jump from $164 million recorded in 2021 and $823 million in 2020. Lawyer …

Interest rates should be raised ­further as inflation will stay high this year and next, warns Bank of England rate setter Catherine Mann. She said it was too soon to begin to think about cuts in the base rate, which is four per cent. The central bank’s Monetary Policy Committee …

Check out what’s clicking on FoxBusiness.com A Rhode Island man has been charged with using his accounting and consulting businesses as a front to launder more than $35 million in internet fraud schemes. TEXAS WOMAN PLEADS GUILTY TO CONSPIRACY FOR AN INTERNET ROMANCE SCAM THAT CHEATED VICTIMS OUT OF OVER …