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Business

Pensioners told ‘do not fear’ as interest rates reach 14-year-high of 4% | Personal Finance | Finance

The central bank took decisive action yesterday, raising interest rates to the highest level since the Lehman Brothers filed for bankruptcy in 2008, in the financial crisis. A statement from the bank said: “We’ve raised our interest rate to four percent this month. But by raising interest rates we can bring inflation down sooner, and make …

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Meta shares soar lifting Zuckerberg’s net worth

Payne Capital Management President Ryan Payne discusses the market rally following the Federal Reserve meeting, Charlie Munger’s call for a crypto ban, and Meta shares. Meta Platforms is leading the tech stock revival on Wall Street despite the parent company of Facebook reporting a dip in fourth-quarter revenues from a …

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Finance expert says now is a good time to move savings accounts – get up to 4.7% interest | Personal Finance | Finance

The cost of living crisis has made life difficult for many Britons but there is some good news for people with savings according to Money.co.uk. Its reasearch shows fixed-rate bond interest rates have increased by more than 400 percent in the past year.  Lucinda O’Brien, personal finance expert at Money.co.uk, said: “Interest …

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Powerball winning numbers drawn for Wednesday’s $653M jackpot

Check out what’s clicking on FoxBusiness.com Wednesday night’s jackpot is worth an estimated $653 million. No winning tickets matched all six numbers drawn in Monday night’s Powerball drawing. The cash value is estimated at $350.5 million.  The numbers drawn were  31, 43, 58, 59, 66   Powerball: 9 Power Play: …

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