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Read More »Experts provide fresh hope to older homeowners with mortgage debt | Personal Finance | Finance
Rising interest rates are hitting the growing number of older homeowners with mortgage debt in retirement and many risk losing their homes if they cannot afford to service the loan. With the Bank of England expected to hike rates for the 14th time in a row to 5.25 percent tomorrow, …
Read More »Minneapolis Uber, Lyft drivers want minimum wage, companies say it could be worse for riders
The City of Minneapolis is considering a minimum wage for rideshare drivers. New York City, states Washington and California have all passed legislation setting a minimum wage for app-based workers. Uber and Lyft drivers are expressing concerns for making less money and local governments are considering changing the driver’s minimum wage, …
Read More »‘Mortgage bombshell’ – Pensioners are still paying off the cost of their homes | Politics | News
Hundreds of thousands of pensioners are facing a “mortgage bombshell” over soaring interest rates, it was warned. Around 450,000 over 65s are still paying off the cost of their homes into retirement, according to official figures. Half of those have savings and investments of under £3,000 to rely on with …
Read More »Texas, California, New York lead states with highest AI job postings
Carmine Di Sibio, Global Chairman of consulting firm Ernst & Young, joined ‘Mornings with Maria’ to discuss the U.S. Treasury’s $1T debt deluge and artificial intelligence. Interest in advanced artificial intelligence is on the rise since OpenAI’s ChatGPT was released to the public last year, and fresh data shows how …
Read More »Side hustle: Man’s inflation-beating second job as Etsy seller earns him £132,000 | Personal Finance | Finance
One man is sharing how his lucrative side hustle as an Etsy seller earned him the equivalent of £132,000 despite operating during a time of high inflation. Tim Riegel, 60, from Lamar, Missouri, spoke with CNBC about his experience managing his second job, Mozark Pit Fire Studio, in recent years. …
Read More »Giant ‘X’ sign removed from former Twitter headquarters building
The newly installed “X” logo atop the San Francisco headquarters of the former Twitter company was removed Monday, July 31, 2023. (Stringer via APTN) While Elon Musk says the headquarters of X Corp., formerly known as Twitter, won’t leave San Francisco, the flashing “X” sign on top of its Market …
Read More »How bad mortgage crisis could get – from negative equity to being made homeless | Personal Finance | Finance
Some home owners are at risk of being made homeless (Image: GETTY) Mortgage borrowers have been urged to take action as many are at risk of being made homeless as they cannot keep up with rising payments, experts have told Express.co.uk. With the release of the latest house price figures …
Read More »What pushed Yellow trucking company to point of bankruptcy?
FOX Business Gerri Willis has the latest details on Yellow Corp.’s bankruptcy on “The Claman Countdown.” U.S. trucking giant Yellow Corp. is widely expected to file for bankruptcy any day now, following reports that the nearly century-old company ceased operations nationwide and began laying off employees over the weekend. So, …
Read More »Victory for Express crusade as banks warned not to ‘rip off savers anymore’ | UK | News
Martin Lewis discusses interest rates Greedy high street banks will be forced to pass interest rate rises on to savers in a major victory for the Daily Express. City watchdogs vowed on Monday to put customers first in a crackdown on the institutions which pay out the least. Bosses were …
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