FOX Business’ Grady Trimble reports from Chicago’s Midway Airport, where Southwest Airlines claims lost bags will be returned to owners by the end of this week. Southwest Airlines promoted five executives as the budget air carrier continues to reel from an operational meltdown that resulted in nearly 17,000 canceled flights …
Read More »State pension leaves Britons with £28 a week – five things you can do to boost pension pot | Personal Finance | Finance
New figures show the UK state pension only just breaks even when compared to what other people who have reached state pension age receive across the rest of Europe resulting in two million pensioners living in poverty. UK pensioners have just £28 a week left over after paying household expenses …
Read More »Lamborghini set another sales record in 2022 and is sold out into 2024
Check out what’s clicking on FoxBusiness.com Lamborghini’s record sales streak continued with another big result in 2022. The exotic performance brand delivered 9,233 vehicles worldwide, a 10% increase over its previous best set the prior year. The Urus SUV accounted for more than half of the sales with 5,367, followed …
Read More »Universal Credit changes this month and thousands could see payments stopped | Personal Finance | Finance
The new rule raises the minimum amount of hours claimants have to work in order to receive their full benefit. People who work part-time may have to start looking for more or better paid jobs if they want to continue receiving Universal Credit. Currently, Universal Credit claimants working 12 or …
Read More »Bills announce formalization of Damar Hamlin charity, donations rise to over $8.6M
Check out what’s clicking on FoxBusiness.com The Buffalo Bills on Sunday announced the formal creation of The Chasing M’s Foundation Charitable Fund as safety Damar Hamlin continues to make progress in his recovery from cardiac arrest on the field during a game on Jan. 2. Hamlin started The Chasing M’s …
Read More »Mortgages: ‘Unpleasant shock’ for homeowners as 1.4 million to pay extra £250 a month | Personal Finance | Finance
Britain is experiencing consecutive increases in interest rates which are placing serious financial pressure on households. While savers are benefiting from these rate hikes, homeowners are seeing their mortgage payments shoot up. Recent data from the Office for National Statistics (ONS) has revealed that 1.4 million households are facing the …
Read More »Wealthy American wallets to take momentous hit from US recession
Forbes Media CEO Steve Forbes weighs in on the potential ‘rich-cession’ coming this year. Millionaire and Forbes Media’s CEO warned that wealthy wallets may already be taking “big hits” from an inevitable economic recession coming this year. “The big hits are going to come in 2023,” Steve Forbes told FOX …
Read More »Money saving tips: Britons could cut costs by thousands each year with key changes | Personal Finance | Finance
Saving money in 2023 is likely to be a goal for many people, but knowing where to begin can be difficult. In efforts to help, Holly Andrews, managing director at KIS Finance, has shared some of her top tips. Ms Andrews said: “The new year is the ideal time to shake …
Read More »California facing $24B budget shortfall amid economic uncertainty
Lipow Oil Associates President Andy Lipow calls for a ‘balanced approach’ to the ‘expensive’ renewable energy push. California’s government is facing an estimated budget deficit of $24 billion this year, a stark reversal from the record-setting surpluses that the state saw in recent years which comes amid ongoing inflation and …
Read More »Martin Lewis warns prepayment meter customers could miss out on £400 energy bills discount | Personal Finance | Finance
Mr Lewis had a call-in on the podcast, from a woman who lives in a park home in Cumbria. She wanted to know if she would have to apply online, particularly as she has elderly neighbours who would struggle to do this. The financial journalist said in response: “Applications will …
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