Pacer ETFs Distributors President Sean O’Hara discusses the stock market’s reaction to tariff uncertainty on ‘Mornings with Maria.’ The number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditions continue …
Read More »Wealthy families exploiting loophole to dodge inheritance tax | Personal Finance | Finance
Families are increasingly using obscure company structures to legally sidestep inheritance tax. Accountants and lawyers report a surge in demand for Family Investment Companies (FICs) – little-known legal entities that allow the rich to hand down millions to their children while avoiding death duties. The uptick comes in the wake …
Read More »Court rules Trump overstepped authority on tariffs under emergency powers act
Economic experts Art Laffer and Steve Moore unpack the state of the U.S. economy under President Donald Trump on ‘Kudlow.’ The U.S. Court of International Trade ruled Wednesday that President Donald Trump overstepped his authority over tariffs under the International Emergency Economic Powers Act (IEEPA). “The Constitution assigns Congress the …
Read More »Rachel Reeves announces £6,000 boost for pension pots – but there’s a catch | Personal Finance | Finance
Chancellor Rachel Reeves has announced plans to increase pension pots by £6,000 for millions of workers by ensuring funds cut costs and have more freedom to invest.She today confirmed that the Government will require smaller multi-employer Defined Contribution pension schemes to join forces and create “megafunds”, each with at least …
Read More »e.l.f. Beauty acquires Hailey Bieber’s rhode skincare brand in $1 billion deal
Tarang Amin on e.l.f cosmetics e-commerce growth E.l.f. Beauty recently signed a definitive agreement to acquire celebrity skincare brand Rhode, founded by Hailey Bieber, in a $1 billion megadeal. The agreement includes $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, …
Read More »The two ‘harmful’ scam tactics on the rise as fraudsters steal more than £1billion | Personal Finance | Finance
Online fraud is on the rise again, with criminals increasingly using stolen card details and tricking victims into revealing one-time passcodes, according to new figures from UK Finance. The banking industry body recorded 3.13 million cases of unauthorised fraud in 2024 – a 14% increase on the previous year. Losses …
Read More »ADL pushes Meta for transparency on antisemitism and hate content moderation
The ADL and its affiliate JLens are putting forward a proposal calling on Meta to issue a detailed report on its handling of hateful content. A shareholder proposal sponsored by the Anti-Defamation League (ADL) affiliate JLens has the backing of Institutional Shareholder Services (ISS) and Glass Lewis & Co. Both …
Read More »HSBC launches £500 bank switch deal to new customers | Personal Finance | Finance
HSBC UK has announced a new incentive aimed at attracting customers to its fee-free Premier current account, following the account’s relaunch earlier this year. The promotion offers a shopping experience at Selfridges, including a £500 gift card and additional perks, for new eligible customers. To qualify, people must have a …
Read More »PlayStation 5 price drops to $399 as Xbox hikes costs and Switch 2 nears release
Economic experts Art Laffer and Steve Moore unpack the state of the U.S. economy under President Donald Trump on ‘Kudlow.’ Sony has announced that it will be lowering prices for the PlayStation 5 amid the Nintendo Switch 2 release and Xbox console price hike. Sony announced their Days of Play …
Read More »3 questions that could mean you’re due £800 a month from DWP | Personal Finance | Finance
PIP eligibility can be hard to understand but Benefits and Work shared a few simple statements that can reveal if you might be eligible. It said: “If the answer to the next three questions is ‘Yes’, then you should very seriously consider making a PIP claim”: Do you have a …
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