Check out what’s clicking on FoxBusiness.com Berkshire Hathaway, the investment company owned by Warren Buffett, continues to reduce its stake in the Chinese electric automaker BYD. Berkshire sold 2.53 million Hong Kong-listed shares worth $86.3 million, according to a stock exchange filing. The shares which were sold on June 19, …
Read More »Mum on Universal Credit slashes broadband bills by £220 a year with social tariff | Personal Finance | Finance
A single mum on Universal Credit has managed to hugely reduce her broadband bills thanks to switching to a social tariff. Chantelle Doyle, from Ashtead, reduced her Sky broadband bill from £39 a month down to £20 a month after switching to the discount tariff. Social tariffs are discounted mobile …
Read More »Rihanna resigns as CEO of lingerie brand Savage X Fenty
Rihanna ‘s documentary on Amazon “Diamonds” singer Rihanna is stepping down as the chief executive officer of the lingerie brand she founded five years ago. Savage X Fenty first began as an online retailer in 2018, and quickly launched into pop-up shops selling size-inclusive lingerie, sleepwear and loungewear before opening …
Read More »Common inheritance tax mistake can mean ‘significant and unexpected’ bill | Personal Finance | Finance
There’s often key financial information that remains unknown to many families across Britain until the death of a loved one, which can cause unrest and sometimes even disputes at an incredibly difficult time. One of the most confusing and unknown pieces of information is inheritance tax, which is why Express.co.uk …
Read More »Toddler maimed by Macy’s mannequin, lawsuit claims
The National Retail Federation estimates retailers lost $100 billion last year to theft. Macy’s is facing a lawsuit related to an incident in which a mannequin at one of the department store’s New York locations fell on a toddler and left him injured, according to the suit filed by the …
Read More »Finally some good news with state pension set for second inflation-busting hike next year | Personal Finance | Finance
The Bank of England’s decision to hike base rates to five percent on Thursday was a shocker. It will add another £71 a month to the cost of servicing a variable rate tracker over a 25-year term, or £852 a year. Taken on top of all the BoE’s other rate …
Read More »Football legend Joe Theismann backs NFL’s gambling crackdown: We can’t have fans believing games are ‘fixed’
NFL legend Joe Theismann joined ‘Varney & Co.’ to weigh in on the NFL’s new gambling policies that were specifically designed for staff and players. The NFL recently reinforced its tight-laced gambling policy for players and staff, spotlighting six key rules that some have been unable to grasp. During an …
Read More »Stop hiking now! BoE urged to hold interest rates or plunge UK into brutal recession | Personal Finance | Finance
They insist the BoE’s monetary policy committee (MPC) must take a breather and give existing rate hikes time to work, rather than piling more pain on hard-pressed borrowers. Markets fear that last week’s shock base rate hike to five percent is unlikely to be the last. Analysts at NatWest forecast …
Read More »Harvard swimmer tears into Biden admin for using trans sports debate as ‘their civil rights movement’
Collegiate swimmer Abby Carr, who competed against Lia Thomas, shares her perspective on the debate surrounding transgender athletes in women’s sports. One collegiate athlete is calling out the Biden administration for using the debate surrounding transgender athletes as “their civil rights moment” at the expense of female athletes. “I think …
Read More »Mortgage warning as 800,000 homeowners could see payments rise by £2,900 year | Personal Finance | Finance
Hundreds of thousands of homeowners have been warned they could pay an extra £2,900 a year more for their mortgage from next year if interest rates continue to rise. The Resolution Foundation predicts that the Bank of England’s base interest rate could peak at nearly six percent by next year …
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