Business

2024 Republican presidential candidate Gov. Ron DeSantis of Florida criticizes “Bidenomics,” government corruption and foreign energy on “Sunday Morning Futures.” Republican presidential hopeful and Florida Gov. Ron DeSantis said the U.S. should revoke China’s preferential trade status, saying efforts to include the nation in global trade frameworks have been a …

While savers are finally celebrating as best buy accounts pay more than six percent a year, pension and Isa investors have suffered another frustrating year. The “cheap and hated” UK stock market has been particularly poor, with the benchmark FTSE 100 index sliding almost 10 percent from February’s all-time high …

Former Deputy Assistant Treasury Secretary Christine McDaniel discusses Janet Yellen’s trip to China, the Biden administration’s ‘Bidenomics’ tour and the UPS, Teamster labor talks. U.S. Treasury Secretary Janet Yellen – on the heels of her diplomatic visit to Beijing – vowed that the United States would protect its own “national …

High Street businesses have enjoyed an early summer boost after a tough start to the year. Retail and hospitality chiefs say that footfall was up last month, as more people shopped and socialised. But they have stressed more needs to be done to tackle sky-high inflation. The news comes as …

Impossible Foods CEO Peter McGuinness tells the ‘Claman Countdown’ that the price gap between plant-based and animal-based product is ‘tightening.’ McDonald’s has stopped using tomatoes in food preparations at most of its locations in India as the country suffers from adverse weather conditions causing prices to skyrocket. In some regions, …

Bank governor Andrew Bailey called inflation wrong from the start, when he dismissed early signs of rising consumer prices as “transitory” in autumn 2021. The BoE’s rate-setting monetary policy committee (MPC) has since hiked borrowing costs for 13 meetings in a row to five percent, and that’s not the end …

Competitive Enterprise Institute Center for Technology & Innovation director Jessica Melugin discusses Twitter’s new CEO and the ‘unintended consequences’ of children using A.I. Elon Musk’s Twitter is suing heavyweight merger law firm Wachtell, Lipton, Rosen & Katz LLP over “unconscionable,” “last minute” legal fees it charged last year when the …

Sam Robinson, principal financial adviser at Almond Financial, explained how Britons can start planning for a comfortable retirement. Saving early means people will see more growth in the long term thanks to compounding interest (the interest people earn on interest) which can make even small regular savings add up significantly. For …

Wilmington Trust chief economist Luke Tilley analyzes the June jobs report and discusses whether new economic data indicates inflation is subsiding on ‘The Claman Countdown.’ Investors got their mojo back in June plowing $69 billion into State Street’s exchange-traded funds, the most since October and the 14th best month ever, …

Today’s skyrocketing savings rates are no more than savers deserve, after the Bank of England abandoned them in the wake of the financial crisis. It left millions who had scrimped and saved for years getting almost nothing on their hard-earned cash. This was particularly hard on pensioners who had expected …