The Lego Group is continuing to build its empire, investing $366 million to build a new 2 million-square-foot warehouse in Prince George County, Virginia. Virginia Gov. Glenn Youngkin announced Thursday the warehouse will employ over 300. “The Lego Group is not just a household name, it’s a symbol of creativity, …
Read More »When the DWP will begin ‘monitoring’ UK bank accounts | Personal Finance | Finance
The UK Government has initiated what it describes as ‘the largest fraud clampdown in a generation’, with the aim of recouping billions lost through the welfare system. The Department for Work and Pensions (DWP) estimates that the Public Authorities (Fraud, Error and Recovery) Bill could save taxpayers approximately £1.5 billion …
Read More »Sam Altman tells Senate US leads China in AI, but not by much
OpenAI CEO Sam Altman and other witnesses respond to Sen. Cruz’s questions on China. OpenAI co-founder Sam Altman joined three other artificial intelligence (AI) and technology executives for a Senate Commerce Committee hearing on winning the global AI race and strengthening domestic capabilities in computing and innovation. Chairman Ted Cruz, …
Read More »People working from home could face HMRC bill | Personal Finance | Finance
HMRC is set to crack down on individuals who have incorrectly claimed tax relief for working from home. While many were entitled to this relief during the height of the pandemic, changes in the rules mean that some may no longer be eligible and could now face repayment demands. According …
Read More »Toyota says tariffs already impacting business while trying to look ahead
Milken Institute International Chair Curtis S. Chin on the importance of a ‘sustainable’ trade relationship between the U.S. and China and his recent trip to Saudi Arabia, where President Donald Trump will also soon visit. Toyota executives predict President Donald Trump’s automobile tariffs will cost the company $1.3 billion in …
Read More »Interest rates LIVE: Bank of England urged to make cut to 4% | Personal Finance | Finance
A rate cut helps ease financial burdens on households by lowering borrowing costs. For those with variable-rate mortgages or loans, you might see a decrease in monthly payments. However, it may also lead to lower returns on savings accounts. To help secure better returns for longer, it might be worth …
Read More »US national debt tracker: See how much money the government owes in real time
Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it means for Americans. The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of massive levels of …
Read More »DWP offering £295 a month boost to those with pain in their joints | Personal Finance | Finance
Government support may be on offer to those with pain in their joints – and could be worth at least £295 a month. Figures from the Department for Work and Pensions (DWP) showed nearly 500,000 people across the country receive Attendance Allowance support for arthritis. This type of support is …
Read More »Invenergy will invest $1.7B to strengthen US electrical infrastucture
Invenergy founder and CEO Michael Polsky joins ‘Mornings with Maria’ to announce a $1.7 billion investment in a new energy transmission line, aimed at strengthening America’s electricity infrastructure. Invenergy said Wednesday it had awarded a combined $1.7 billion to a pair of companies as part of its project to construct …
Read More »The 10 UK areas where house prices are falling most – one by £44,300 a year | Personal Finance | Finance
Millions of properties have dropped thousands of pounds in value as higher mortgage rates continue to batter Britons’ pockets. New calculations by property website Zoopla estimates around a third of homes recorded price declines of 1% or more last year, equating to just over nine million properties. While 2024 saw …
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