State pensioners eligible for an increase to their state pension should have received a letter from the Department for Work and Pensions (DWP). The increase, which is worth 25p a week, or £13 a year, is given to people on the basic state pension when they turn 80. This means …
Read More »UnitedHealth shares slide on report of criminal probe
Palumbo Wealth Management CEO & CIO Philip Palumbo discusses UnitedHealth Group market trends and more on ‘The Claman Countdown.’ UnitedHealth Group shares fell more than 15% in early morning trading on Thursday, after The Wall Street Journal reported that the U.S. Department of Justice was investigating the company for potential …
Read More »Delaying retirement for women could ‘improve cognition and health’ | Personal Finance | Finance
Continuing to work into your 60s may provide unexpected health improvements, particularly for single women. With the impending increase in the state pension age, new research has shed light on the potential health advantages of extended employment. The findings come the Institute for Fiscal Studies, which analysed the impact of …
Read More »Chinese imports to US hit lowest level since pandemic amid Trump’s 145% tariffs
President Donald Trump announced a 90-day pause in tariffs on China as the two countries negotiate a final agreement. Chinese imports entering the U.S. have dropped to the lowest levels since the pandemic, according to recent census trade data. A report from the Commerce Department showed a record number of …
Read More »DWP urges Brits born between two dates to make vital check now | Personal Finance | Finance
Millions of people born in the early 1960s are being urged by the Department for Work and Pensions (DWP) to urgently check when they will be eligible to claim their State Pension — as the government continues its review of retirement age rules. Anyone born between 6 April 1960 and …
Read More »Millions of student loan borrowers face credit score declines as payments resume
Panelists Caroline Downey and Cage Sawyers discuss how student loan delinquencies are set to hit record highs while a growing number of current and prospective college students don’t believe the degree is worth the price tag on ‘The Bottom Line.’ A new report from the New York Federal Reserve found …
Read More »Interest rates threaten to batter savers – but there is a quick fix it | Personal Finance | Finance
After two years of rising interest rates, savers were finally starting to feel like they were winning. But last week’s Bank of England rate cut to 4.25% is a reminder that the good times may be gradually coming to an end. The cut itself wasn’t huge, but it matters. Banks …
Read More »Uber partners with OpenTable to integrate ride services with restaurant bookings
Amy Zhou, executive director of operations at Gracious Hospitality Management, shares how reservation scalping affects the restaurant industry. Rideshare giant Uber is jumping into the booming restaurant reservation game. The rideshare giant partnered with OpenTable to launch a new feature called Dine Out, which integrates Uber’s ride-hailing services with OpenTable’s …
Read More »DWP rejects claims over 3 million set to lose money under new PIP | Personal Finance | Finance
Secretary of State for Work and Pensions Liz Kendall has dismissed suggestions that the planned reforms to disability benefits will cause 3.2 million families to face cuts. Liberal Democrat work and pensions spokesperson Steve Darling challenged the UK Government over the “economic impact” of its alterations to Personal Independence Payment …
Read More »Tariffs could take a hit on auto insurance rates
Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance by nearly ten percent later this year. Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance by nearly 10% …
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