Yardeni Research Inc. President Ed Yardeni joins “Making Money” to provide insight on consumer sentiment and the possibility of recession. Optimism among CFOs about their own companies dropped for a third consecutive quarter, marking the lowest it’s been since midway through 2020, according to a survey released Wednesday morning. In …
Read More »Inflation drops to 10.7% ahead of Bank of England interest rate decision | Personal Finance | Finance
Last month, the Consumer Price Index (CPI) rate of inflation rose to a 41-year high of 11.1 percent with soaring energy prices and the war in Ukraine continuing to have a knock-on effect. In an attempt to address the soaring cost of goods and services, the Bank of England’s Monetary …
Read More »Musk set to auction off Twitter furniture, other items from HQ as company is reportedly behind on rent
NetChoice Vice President and general counsel Carl Szabo reacts to newly-exposed Twitter data showing a push to ban Donald Trump on ‘Varney & Co.’ Twitter is reportedly auctioning off items from its headquarters and has not paid rent at its San Francisco and global office for several weeks in a …
Read More »Mortgage costs for four million set to surge by £3,000 next year, warns Bank of England | Personal Finance | Finance
Homeowners on a fixed-rate deal due to expire by the end of 2023 face a £3,000 hike – around £250 every month on average as they switch to higher interest rates. This means the typical household in this situation will be paying 17 per cent of pre-tax income on servicing …
Read More »Lesson learned from Musk’s ‘Twitter Files’: Break up Big Tech for the ‘good of the country’
‘Can’t Cancel Rob Smith’ podcast host Rob Smith reacts to Trump’s Twitter ban despite opposition from some employees on ‘Varney & Co.’ The host of “Can’t Cancel Rob Smith” explained the lesson learned from Elon Musk’s ‘Twitter Files’ on Tuesday. “I think these companies need to be broken up …
Read More »Energy supplier to pay out compensation following Ofgem review | Personal Finance | Finance
The review into the supplier raised concerns about the provision of additional support credits for prepayment meters customers. It is thought some 25,000 customers were potentially affected by the issue. This includes some who have medical conditions and those classed as vulnerable. Customers who are potentially affected are likely to …
Read More »EU moves closer to approving climate-protection import tax
FOX Business host Larry Kudlow analyzes the European Union’s imports of Russian LNG amid the Russia-Ukraine war on ‘Kudlow.’ The European Union on Tuesday moved closer to passing a tax on foreign companies that wish to import products that fail to meet climate-protection standards in which EU companies must comply. …
Read More »State pensioners can claim both free and discounted travel – full list of what’s available | Personal Finance | Finance
Some of the travel entitlements could provide someone discounts on their fares, while others allow people to travel for free. People in England may be able to travel on local buses for free from 60 years, depending on where they live. For example, if a person lives in London, they …
Read More »Senators slam Sam Bankman-Fried for refusing to testify before banking panel on FTX collapse
Fox News contributor Andrew McCarthy says disgraced FTX founder Sam Bankman-Fried could face a ‘very, very high’ federal sentencing. In a letter released prior to former FTX CEO Sam Bankman-Fried’s arrest by authorities in the Bahamas on Monday in connection with pending charges in the U.S., the bipartisan leaders of …
Read More »Four in ten ethnic minority workers have hidden career choices due to cultural expectation | City & Business | Finance
In contrast, just 31 percent of White workers felt this way – a difference of 36 percent. And the pressure felt from loved ones appears to take its toll – especially on ethnic minorities – with it being detrimental to confidence (37 percent) and a sense of independence (40 percent). …
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