Business

Check out what’s clicking on FoxBusiness.com Morgan Stanley CEO James Gorman has announced his intentions to retire.  Gorman told shareholders at the bank’s annual meeting that he will be retiring in the next 12 months.  The CEO has been with Morgan Stanley since 2006, when he was hired as chief …

Families struggling with energy debt can get grant funding through the British Gas Energy Trust, as its Individuals and Families fund has relaunched. Anyone who meets the criteria can apply, as there is no need to be a British Gas customer to file an application. To apply for a grant, …

Check out what’s clicking on FoxBusiness.com The risk of consumers sustaining burns has prompted a recall of hundreds of thousands of waffle makers by Wisconsin-based Empower Brands, according to a notice on the Consumer Product Safety Commission (CPSC) website. The CPSC notice said the risk stems from the possibility that …

Wholesale energy prices may have fallen back to pre-Ukraine war levels but don’t expect to see this reflected on your next gas or electricity bill. Next Thursday regulator Ofgem will cut its energy price cap by around 18 per cent, but that won’t come into force until July 1, six …

Evercore ISI internet research team head Mark Mahaney discusses whether the new Lemon8 app can displace Pinterest or Instagram on ‘The Claman Countdown.’ Instagram has a new app with similarities to Twitter in the pipeline, according to a report.  Bloomberg reported Friday that the app being developed by Instagram, a …

Barclays has announced it will close another 12 bank branches this year, bringing the number of branches set to close in 2023 to at least 122. Bank bosses blamed a lack of demand for in-person services for the decision to close the high street outlets. A Barclays spokesperson said: “As …

Fox News Digital spoke with Republicans and Democrats outside Capitol Hill on Thursday to discuss a debt default’s impact on the U.S. real estate market. As the U.S. national debt clock ticks, lawmakers on Capitol Hill Thursday spoke to Fox News Digital about the potential “catastrophic” effects of a default …

Becky took out a 100 per cent mortgage 20 years ago (Image: BeckyStevenson) A homeowner who opted for the 100 percent mortgage even though she had saved up 10 percent for the deposit, has issued a warning about the deposit-free option. Becky Stevenson has urged others to consider the risks of …

Cybersecurity lawyer Leeza Garber provides insight on the regulation of artificial intelligence on ‘Making Money.’ CEOs and business leaders “can’t afford not to pay attention” to artificial intelligence, Effie Epstein, a managing partner of Sound Ventures told Fox News Digital.  Sound Ventures, a venture capital firm founded by Ashton Kutcher …

More than six million disabled Britons are to get an £150 disability cost of living payment next month. The DWP has confirmed the dates for when the funds will land in eligible people’s bank accounts. Most of the payments will go out in a two-week window, starting on June 20 …