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 …
Read More »Mortgage warning as repayments could surge by £1,800 this year in hell for homeowners | Personal Finance | Finance
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 …
Read More »Reckitt recalls certain powdered infant formula over bacteria contamination
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 …
Read More »Four key tips to ensure you keep New Year resolutions that boost finances | Personal Finance | Finance
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 …
Read More »Maersk pauses Red Sea voyages a day after Houthis attack ship
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 …
Read More »From ISAs to NS&I rate cuts – 5 savings trends to expect in 2024 | Personal Finance | Finance
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 …
Read More »Powerball Jackpot Rolls into New Year at $810 Million
Check out what’s clicking on FoxBusiness.com The Powerball jackpot hit an estimated $810 million Saturday night after no winners were announced in the final drawing of 2023, lottery officials announced. The next drawing will kick off on Jan. 1, offering players the opportunity to start the new year with a …
Read More »Bitcoin hits $100,000 and UK shares boom in 2024 – but there’s bad news for savers | Personal Finance | Finance
Wall Street, savings rates, the gold price and bond yields all rose in 2024, while cryptocurrency Bitcoin flew to the moon. Some individual stocks did brilliantly, with US chip maker Nvidia skyrocketing 238 percent. UK-listed aircraft engine maker Rolls-Royce almost matched that by growing a blockbuster 225 percent, making it …
Read More »Consulting firm McKinsey to pay $78M in U.S. opioid settlement with health insurers, company benefit plans
Check out what’s clicking on FoxBusiness.com Consulting firm McKinsey & Co. has agreed to pay $78 million to settle claims by U.S. health insurers and benefit plans that its work with drug companies helped fuel an epidemic of opioid addiction. The settlement, disclosed in documents filed on Friday in federal …
Read More »‘I’m a wealth expert – here’s how to secure greater financial freedom in the New Year’ | Personal Finance | Finance
The start of another year is a popular time for people to think about their personal finances and reset money goals for the 12 months ahead whether that’s to pay off credit cards or loans or save for a holiday. As the New Year approaches, Britons are urged to not …
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