FOX Business host Larry Kudlow reacts to the White House’s plans to forgive student debt, despite the Supreme Court ruling on ‘Kudlow.’ There he goes again, again and again. Just this morning, President Biden announced another $7.4 billion in student debt bailouts for 277,000 borrowers. This comes to $153 billion …
Read More »‘DWP took me to court for 30p error – it cost me my home and £20,000’ | Personal Finance | Finance
A father says he has been forced to sell his home and pay back nearly £20,000 in benefit overpayments after mistakenly ticking the wrong box on a Carer’s Allowance form. George Henderson, 64, told the Guardian he made the mistake when claiming the Department for Work and Pensions (DWP) benefit …
Read More »Mortgage rates are nearing 7% as inflation ticks back up: Freddie Mac
The 30-year fixed-rate mortgage averaged 6.88% this past week, according to Freddie Mac. (iStock ) Mortgage rates continue their steady climb upward. Rates for 30-year mortgages averaged 6.88% this past week, Freddie Mac reported. Rates last week averaged 6.82%, and a year ago, the 30-year fixed-rate mortgage averaged 6.27%. “Mortgage rates …
Read More »Petition calls for £9,000 pay boost for thousands of workers to end ‘age discrimination’ | Personal Finance | Finance
A new petition is calling for a £9,000 pay increase for thousands of Britons by increasing the National Living Wage. Supporters want the current National Living Wage for those aged 21 and over, which is £11.44 an hour, to be extended to all workers regardless of age. The National Minimum …
Read More »Labor group demands California’s $20 minimum wage for fast food workers extend to all sectors
Former Fosters Freeze assistant general manager Monica Navarro reacts to the sudden closure and how others are responding on ‘The Bottom Line.’ A fair wage advocacy group is demanding that California’s new $20 minimum wage law for fast food workers be extended to all sectors to help working-class people who …
Read More »Santander customers could make £20,000 with £1,000 in their account | Personal Finance | Finance
Santander could be set to make one of its customers up to £20,000 richer. The bank is currently encouraging its customers to invest a minimum of £1,000 in a Santander Stocks and Shares ISA 2024 to enter a draw. The lucky winner has the chance to “win” back their investment …
Read More »Americans should invest at any age: ‘It’s never too late’
Wealth Enhancement Group Senior Vice President Nicole Webb discusses how investors can get started in the market, no matter their age, on ‘Making Money.’ Investors getting started in the market should feel empowered to do so at any age and set aside apprehensions about it being too late to do …
Read More »‘Shortchanged!’ State pension scandal as just one in three get full 8.5% triple lock hike | Personal Finance | Finance
Less than one third have received the promised 8.5 percent triple lock-secured increase on retirement incomes in an injustice that leaves them £200-a-year worse off. It means two in three – as many as eight million of 12 million eligible to receive it – are missing out on bolstered retirement …
Read More »Credit card delinquencies hit highest level on record
Portfolio Wealth Advisors President and CIO Lee Munson discusses the markets, the March CPI and earnings season. Americans are drowning in credit card debt. New data published by the Federal Reserve Bank of Philadelphia shows that a growing number of Americans are struggling to make their monthly credit card payments …
Read More »Beehive Money raises interest rate on account to ‘excellent’ 5.18% | Personal Finance | Finance
Beehive Money has increased the interest rate on its one-year fixed savings bond to 5.18 percent, earning an “excellent” Moneyfactscompare rating. Savers need a minimum of £500 to invest to launch the account, and interest is paid on maturity. Fixed savings accounts can offer certainty during the current period of …
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