Business

[ad_1] HMRC has explained how tax codes will change for those affected by changes to Child Benefit. As announced in the Spring Budget, the income threshold for the High-Income Child Benefit Charge has increased from £50,000 to £60,000, with the taper limit at which all the benefit has to be …

[ad_1] Check out what’s clicking on FoxBusiness.com Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row. The Senior Citizens League, a nonpartisan group that focuses on issues relating to …

[ad_1] The Bank of England may be persuaded to drop interest rates could drop this summer as the unemployment rate has risen. The unemployment rate was at 4.2 percent in the latest figures, with total unemployment rising by 85,000 in the December to February quarter, increasing to 1.44 million. Rob …

[ad_1] DISTILL CEO Neely Tamminga discusses whether the Fed has been restrictive enough to rein in inflation on Making Money. A new report from the New York Federal Reserve found that the lowest wage that American workers said they’re willing to accept to take a new job reached a record …

[ad_1] Financial goals set at the start of the year have already fallen by the wayside – as motivation wanes to see them through, research has found. A poll of 2,000 adults found that over half (56 percent) set themselves money-related goals for this year – but 67 percent of …

[ad_1] Roughly 3.5 million Americans 60 and older hold over $125 billion in student loans. (iStock) Millions of older Americans at risk of defaulting on student loan payments may lose some of their Social Security benefits, Democratic lawmakers said in a letter urging President Joe Biden’s administration to act. Sens. …

[ad_1] People of state pension age have been urged to check if they can get a free TV licence which usually costs £169.50 a year. Thousands of people are thought to be needlessly paying for their TV licence, when over-75s who claim Pension Credit can get it for free. You …

[ad_1] The DOJ has sued apple, alleging violations of antitrust Apple has lost its position as the world’s top phonemaker to Samsung in the first quarter of 2024 as its shipments have dropped around 10%, a report says.  From January to March, Samsung captured a 20.8% market share, followed by …

[ad_1] Energy giants British Gas, EDF, EOn, Octopus, and others have been told to fork out £30 to customers for a blunder following a new Ofgem mandate. Every energy firm – including the major companies – is informing customers how they can claim a £30 windfall should the company violete …

[ad_1] Barron’s markets editor Ben Levisohn discusses the impact of geopolitical concerns on the price of gold and oil on ‘Barron’s Roundtable.’ Airlines flying to the Middle East are beginning to make changes to their schedules after Iran launched over 300 drones and missiles at Israel in a brutal assault. …