Business

Check out what’s clicking on FoxBusiness.com Monday’s Powerball jackpot is worth $842.4million and there is one lucky winner in Michigan.  The winning numbers for the first Powerball drawing of the new year were: 12, 21, 42, 44, 49 and a Powerball of 1. Final ticket sales pushed the jackpot beyond …

Western economies have proved surprisingly resilient over the last few years, standing firm despite Covid lockdowns, the ravages of inflation and soaring borrowing costs. Astonishingly, the UK and US have both avoided a recession so far, even if former EU powerhouse Germany is facing a double dip. Yet politically, we …

Check out what’s clicking on FoxBusiness.com RXBAR is offering a reward for customers who accept an unusual New Year’s challenge –  moving their couches. The protein bar brand announced the contest on Monday. Anyone who pledges to move their couch for 30 days can enter a contest for a $2,500 …

The Chancellor, Jeremy Hunt, outlined changes to benefits in order to incentivise those on Universal Credit to get into work during his Autumn Statement. Around nine million Britons of working age are currently unemployed. If a claimant does not find work within 18 months of receiving support from the Department …

Evans May Wealth managing partner Brooke May discusses how the S&P 500 is aiming for first record close since January 3, 2022 on ‘The Claman Countdown.’ Several prominent companies will ring in the new year with a new CEO who officially assumes the role on New Year’s Day. Corporate succession …

The Resolution Foundation warned 1.5million mortgage holders face an average rise in annual bills of £1,800 in the coming 12 months. Although the future is looking brighter with falling inflation, interest rate cuts and changes to tax, only the richest will benefit from the differences. The Foundation claimed the changes …

Check out what’s clicking on FoxBusiness.com Reckitt Benckiser Group’s Mead Johnson Nutrition (MJN) issued a voluntary recall for certain infant formula products distributed in the U.S. due to concerns that it could be contaminated with potentially dangerous bacteria, according to federal health officials.  The company recalled 675,030 cans of Nutramigen …

What is your top New Year’s resolution this year? Is it to get on top of your finances…finally? According to the comparison site GoCompare that resolution the fifth most popular one that Brits are making right now. Given the torrid time we’ve had with our money over the last couple …

Freightos CEO Zvi Schreiber weighs in on navigating the Red Sea attacks and how some ships are re-routing on ‘The Claman Countdown.’  Denmark-based shipping giant Maersk said Sunday it will once again pause all transits through the Red Sea and Gulf of Aden after one of its vessels came under …

Savers can use banking app tools to help them save on a daily basis (Image: Getty) The Bank of England has kept the interest rate at its current rate of 5.25 percent over the past three months. The decision has come as little surprise but interest rates are still at …