Business

Over-55s could dodge paying a hefty emergency tax by taking advantage of a cheap and easy trick to simplify pension withdrawals. The introduction of pension freedoms in 2015 gave over-55s new powers to make withdrawals from their pensions, with the first 25% tax-free and the remainder added to yearly incomes …

‘Barron’s Roundtable’ discusses Disney and Netflix’s performance among customers. Disney recently introduced its new direct-to-consumer (DTC) streaming service, which will be named ESPN, after its successful sports network, and costs $29.99 per month for the unlimited package and $11.99 per month for a select option. ESPN Chairman Jimmy Pitaro said …

State pensioners have been encouraged to check if they are eligible for two schemes that could provide an extra £4,000 a year in payments. Payment rates rose 4.1% last month in line with the triple lock, raising the full new state pension from £221.20 a week to £230.25 a week. …

The two leaders signed a strategic economic partnership worth up to $600 billion. President Donald Trump on Tuesday signed a “strategic economic partnership” alongside Saudi Arabian Crown Prince Mohammed bin Salman. The partnership included a series of deals on energy, defense, mining and space-based agreements that amount to $600 billion, …

Rachel Reeves has come under pressure after Lloyds Bank’s pension arm, Scottish Widows, refused to back a plan to see £50 billion of workers’ pensions diverted to investment in new businesses and infrastructure. The government and many in the investment industry insist the scheme will boost the pension pots of …

Brian Vendig, MJP Wealth Advisors President, and Ryan Payne, ‘Payne Points of Wealth’ podcast host, discuss Big Tech reporting and key earnings and revenue estimates for McDonald’s. McDonald’s will hire a lot of new employees at its U.S. restaurants in the coming months. The fast-food giant announced Monday that it …

Ministers have rejected a plea to raise the income tax threshold from £12,570 to £20,000 and “let people keep more of their own money”. The decision of Rachel Reeve was spelt out as MPs debated a petition calling for a radical shake-up, which was signed by more than 250,000 people, …

With summer travel season just around the corner, millions of Americans are already gearing up to get on the road. Travelers are taking to AI to skip most of the hard part: planning. JetBlue decked out one of its planes with a Dunkin’ Donuts-themed livery. The orange and pink-painted plane …

The Department for Work and Pensions (DWP) has announced that the awaited reforms to Universal Credit will roll out in April 2026, and the anticipated modifications to Personal Independence Payment (PIP) are set to begin from November next year. In a bid to ease concerns, Minister for Social Security and …

FOX Business correspondent Jeff Flock discusses the record ground beef prices due to supply issues on ‘Varney & Co.’  Some videos focused on “recession” or “budget” meals and recipes have cropped up on the popular social media platform TikTok in recent months. They demonstrate how to make dishes that will …