Check out what’s clicking on FoxBusiness.com Three-time NBA champion Dwyane Wade, a Chicago native, has announced that he is joining the ownership group of his hometown WNBA franchise, the Chicago Sky. Wade made the announcement Friday on social media, saying in part, “There are amazing things happening in the @WNBA. …
Read More »More than 500,000 face ‘sofa surfing’ as housing crisis squeezes the rental market | Personal Finance | Finance
Soaring interest rates have focused attention on the 4.2 million households whose mortgage repayments have risen, alongside the3.3 million yet to face the pain. But there are millions enduring another property plight – soaring rents and rising competition for fewer rented homes on the market. There are reports of long …
Read More »Drivers could see gas prices rise in the second half of summer: AAA
Demand for gas has dropped dramatically, but prices are still rising, according to AAA. (iStock) Demand for gas dropped following the big holiday weekend, but prices at the pump have yet to follow, AAA said. The national average cost for a gallon of gas increased by three cents from last week …
Read More »State pensioners urged to act soon to claim £600 in extra payments | Personal Finance | Finance
People of state pension age have been urged to check if they are eligible for Pension Credit as this could entitle them to an extra £600 in cost of living payments. The benefit alone provides a weekly top up to a person’s income that could be worth over £3,000 a …
Read More »Senators direct US farmers to ‘hold on and pray’ as severe drought parches the Midwest
Sen. Markwayne Mullin, R-Okla., discusses concerns over the economy as the president touts ‘Bidenomics.’ Ranchers and farmers in the Midwest are being told to “hold on and pray” as they await emergency relief amid one of the worst droughts the agricultural industry has seen since the Dust Bowl. “My family’s …
Read More »Margot Robbie net worth: Barbie star’s huge salary detailed | Personal Finance | Finance
Barbie star Margot Robbie is an Academy Award-nominated performer and a multi-millionaire thanks to her producing credits and endorsements. Margot has become popular over the years with star turns in I, Tonya, and Babylon but her work behind the scenes in Hollywood has also made her prolific. What is Margot …
Read More »Federal Reserve says Taylor Swift’s Eras Tour responsible for rise in hotel revenue
FOX Business host Charles Payne evaluates the financial impact of the singer-songwriter’s tour on ‘Making Money.’ The Federal Reserve credits Taylor Swift’s Eras Tour for affecting the United States economy. According to the Philadelphia Federal Reserve office, Swift is personally responsible for the spike in tourism, which has boosted their …
Read More »Over 200,000 Universal Credit claimants hit by £59 deductions to ‘poverty tax’ | Personal Finance | Finance
More than 206,000 households on Universal Credit in Scotland have been hit by deductions in recent months. Between December and February 2023, some £12.1million was deducted from claimants with the average household seeing their payment slashed by £59. Almost half of the deductions were to repay a Universal Credit advance, …
Read More »FDA approves first over-the-counter birth control pill
Milken Institute Chairman Michael Milken joined ‘Mornings with Maria’ to discuss the future of AI health care and the Federal Reserve forecasting a ‘mild recession’ later this year. The Food and Drug Administration (FDA) on Thursday granted approval for Perrigo to sell the first over-the-counter birth control in the U.S., …
Read More »State pension could hit £14,000 a year by 2030 but triple lock ‘can’t last forever’ | Personal Finance | Finance
State pensioners will continue to get big increases to their payments over the coming years, analysts have said. Figures suggest the state pension could reach £14,000 a year by 2023 as high levels of inflation continue to deliver large payment increases. Tom Selby, head of retirement policy at AJ Bell, …
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