Category: Business

[ad_1] LPL Financial chief technical strategist Adam Turnquist weighs market impacts if it sees a Santa rally and if it doesn’t. IN THIS WEEK’S EDITION, STORIES THAT DOMINATED 2023  -Federal Reserve Chairman Jerome Powell’s early Christmas gift to investors  -Inflation nation catches a break  -Bitcoin’s back and an ETF is in the pipeline  -Disgraced FTX…

[ad_1] The firm expects £1.76bn in sales today followed by £1.55bn spent tomorrow. (Image: Getty) Shoppers rushing to buy last-minute Christmas presents were expected to give the High Street a “Super Saturday” boost worth billions today. Retailers were expecting one of the busiest trading days of the year followed by a bumper day of business…

[ad_1] The most common reason why people withdraw from 401(k) early is because of a job switch, a recent survey said. (iStock) Early withdrawals from 401(k) retirement funds cost Americans $6.12 billion in penalties this year, according to a recent Capitalize survey.  A separate Bank of America report said that the number of 401(k) participants accessing…

[ad_1] The DWP has explained under what conditions it plans to check state pensioners’ bank accounts in its efforts to clamp down on benefit fraud. Pensions secretary Mel Stride told Parliament the proposed new powers will only be used in instances where there is “a clear signal of fraud and error”. He was responding to…

[ad_1] Check out what’s clicking on FoxBusiness.com The parent company of Pornhub.com agreed on Thursday in a Brooklyn, New York court to pay $1.8 million to the U.S. government in an effort to resolve a probe into its ties with an alleged sex trafficking operation, according to federal prosecutors. The U.S. Attorney’s Office for the…

[ad_1] Nationwide is facing a Christmas crisis as millions of customers face having no cash over the holiday season as thousands of transactions pend. The reason for this is that the bank is experiencing a technical issue which means transactions across the country are still pending. On Thursday the bank admitted that it did not…

[ad_1] FOX Business’ Charlie Gasparino has the details on Paramount’s cash flow problems on ‘The Claman Countdown.’ Warner Bros. Discovery CEO David Zaslav “is not in deal mode,” and his conversations about a potential tie-up with rival studio Paramount Global are said to be more exploratory, suggesting that the speculation of a near-term mega media…

[ad_1] British workers struggling with the rising cost of living are being forced to cut back on their Christmas spending. A survey by employee benefits provider Unum found more than 85 percent of workers are looking to cut back their spending over the festive season. The research found rising bills are affecting people’s mental health…

[ad_1] Andersen Capital Management CIO Peter Andersen discusses technologys influence in the markets, his outlook for Apple and the Federal Reserves management of rate hikes. Thomson Reuters’ recently released generative artificial intelligence (AI) platform features an “AI skills factory” that allows subject-matter experts who are not engineers or software developers to safely experiment with building…

[ad_1] The latest figures from HM Revenue and Customs (HMRC) show that inheritance tax receipts increased to £5.2 billion in the eight months from April 2023 to November 2023. This is a £400 million increase from the same period in the previous year and continues the upward trend over the last decade. Government statistics published…