Business

President Donald Trump announces Kevin Warsh as his pick for new Federal Reserve chairman in a Truth Social post. President Donald Trump said on Friday that he is nominating Kevin Warsh to lead the Federal Reserve, succeeding Jerome Powell when his term expires in May. The move comes at a …

Many people don’t understand how tax on savings works (Image: Getty) A building society has urged savers to read over the rules, or they could get a surprise tax bill. Research from Leeds Building Society has found that many people don’t understand the rules around tax on savings. Now is a good …

‘The Big Money Show’ panel discusses a new report raising questions about California’s massive mental health spending as homelessness worsens and oversight remains limited. California Gov. Gavin Newsom is forcefully pushing back against a proposed billionaire wealth tax, warning that the plan could cut funding for schools, public safety and …

Millions are comparing providers (Image: Getty) Brits rushing to stash cash tax-free before the April deadline are being warned they could make devastating ISA blunders that wipe out up to £20,000 of potential savings. With the ISA allowance resetting on April 6, millions are comparing providers and scrambling to use …

President Donald Trump on Wednesday announced Trump Accounts, an investment program for children born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028. JPMorgan Chase announced Wednesday it will match the government’s $1,000 contribution to the proposed “Trump Accounts” for children of its U.S. employees. The bank said …

EasyJet’s claim that adding large cabin bags to flight bookings costs “from £5.99” has been deemed “misleading” by a watchdog. The Advertising Standards Authority (ASA) ruled there was “insufficient evidence” to demonstrate the price was obtainable “across a range of flight routes and dates”. The regulator has banned the carrier …

I/O Fund lead tech analyst Beth Kindig explains why Google and OpenAI are both winners in AI on ‘Making Money’. Meta said Friday it was suspending teenagers’ access to its existing AI characters on all social media platforms as it continues to build a new version for those users. “Starting …

Waspi campaigners claim they have secured backing from 100 MPs for a letter pressing the Government to “reach the right decision” for women born in the 1950s. The correspondence calls on Secretary of State for Work and Pensions Pat McFadden to provide an update on proposals by March 2 “at …

Check out what’s clicking on FoxBusiness.com. As consumers scale back their alcohol intake for Dry January, Costco is introducing a new tonic variety pack as part of its nationwide expansion of non-alcoholic cocktail offerings. For a limited time, social tonic brand Hiyo is launching a Costco-exclusive 3-flavor variety pack, now …

An iconic British high street brand is at a “pivotal crossroads” as its family owners split, an expert has said. Russell & Bromley has been around for 150 years, but its future is now uncertain. Some members of the founding Bromley family are advocating for a sale of the company …