Americans have been crunched by inflation and interest rates. The Federal Reserve on Wednesday held interest rates steady for the second time this year, pausing its tightening campaign to assess how the economy is faring in the face of higher borrowing costs. The widely expected decision left interest rates unchanged …
Read More »Second-hand economy soared to £21 billion last year amid cost-of-living crisis | Personal Finance | Finance
Sales of second-hand goods soared by 15 percent to £21billion last year, as the cost-of-living crisis continued to bite. A poll of 2,000 adults found six in ten now buy used goods, and spent an average of £661.20 between August 2022 and August 2023 – compared to £484.80 during the …
Read More »Tiger Woods and Rory McIlroy’s futuristic TGL league: What to know owners, players, facilities
Sports Business Journal media reporter John Ourand reacts to reports that the DOJ will investigate the PGA Tour’s merger with LIV Golf on ‘The Claman Countdown.’ The futuristic golf league created by Tiger Woods and Rory McIlroy has continued to make progress as it edges closer to its January debut. …
Read More »Savings: Family sells house and moves to Thailand due to cost of living – and saves £2,000 | Personal Finance | Finance
One family is sharing how they save around £2,000 a month following their decision to sell their home to travel the world. Chris and Tamira Hutchinson, from Corby, left for Thailand earlier this year due to the cost of living crisis hurting their household finances. With inflation and energy bills …
Read More »Costco sofa goes viral, causing debate on TikTok: ‘Way too expensive’
Check out what’s clicking on FoxBusiness.com Costco fans appear to be igniting a debate after a piece of furniture from the wholesaler went viral on social media. Costco’s convertible sofa featuring a trundle that can be hidden as a pullout extension to the couch appears to be the latest product …
Read More »Goldman Sachs issues recession warning as ‘Sick Man of Europe’ Germany falls into crisis | Personal Finance | Finance
Germany is continuing to fend off accusations of being the “sick man of Europe” as its economy continues to falter. Analysts from Goldman Sachs recently outlined the various economic issues which have plunged the country into recession this year. The nation fell into a technical recession in the first quarter …
Read More »Florida Amazon delivery driver in ‘serious condition’ after ‘highly venomous’ rattlesnake bite
Check out what’s clicking on FoxBusiness.com An Amazon delivery driver was hospitalized in serious condition Monday after being bitten by a rattlesnake on the job in Florida. The driver was delivering a package to a Palm City home at the time of the incident, the Martin County Sheriff’s Office said …
Read More »Aldermore boost interest rates on ISAs and other savings accounts | Personal Finance | Finance
Aldermore has increased the interest rates on a range of savings accounts. The provider said the new rates would provide customers “more choice” about how to build their savings. The rate on the Easy Access (Issue 15) has increased from 4.25 percent to 4.5 percent while the rate for the …
Read More »UAW vows to strike at more US auto plants if progress not made by Friday
UAW Local 51 Vice President Luigi Gjokaj reacts to UAW President Shawn Fain rejecting a 21% wage increase from Stellantis on ‘The Claman Countdown.’ The United Auto Workers union announced it would begin striking at additional plants if no serious progress was made by Friday in negotiations with automakers Ford, …
Read More »‘Should have had a choice!’ Waspi woman calls for fresh thinking on state pension age hike | Personal Finance | Finance
Elizabeth Latham, 68, who lives in Wolverhampton with husband Peter, expected to retire quietly when she turned 60. But thanks to moves to increase the state pension age for women, she didn’t have that option. Now she’s turned into a campaigner for 1950s’ women’s rights instead. Liz has been fighting …
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