Monzo is set to introduce a game-changing feature that allows customers to cancel a bank transfer within seconds if they spot an error, offering a 10- to 60-second window to halt a mistaken payment. The “undo payments” tool has been hailed as a “comfort blanket”. Andy Sacre, head of payments …
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% …
Read More »PIP assessment changes set to start as Liz Kendall confirms work | Personal Finance | Finance
The government has initiated a review of the Personal Independence Payment (PIP) assessment, as part of Labour’s welfare reform agenda. Liz Kendall has confirmed that efforts to revamp disability benefit assessments are under way this week. Addressing Parliament earlier this week, she said: “It is over a decade since PIP …
Read More »Microsoft plans to slash 6,000 jobs in in a move for more efficiency
Constellation Research founder R ‘Ray’ Wang analyzes Apple and Microsoft’s new Majorana 1 quantum chip on ‘Varney & Co.’ Microsoft has plans to trim its workforce through layoffs. The planned layoffs will reduce the Washington-based tech company’s total workforce by 3%, CNBC first reported on Tuesday. The number of jobs getting …
Read More »State pensioners could get extra £4,050 in payments with two schemes | Personal Finance | Finance
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. …
Read More »UnitedHealth CEO steps down for ‘personal reasons’
SlateStone Wealth chief market strategist Kenny Polcari discusses whether investors are overreacting to weak market news on ‘Varney & Co.’ UnitedHealth Group on Tuesday said Chairman Stephen Hemsley will return to the helm of the health care conglomerate, succeeding CEO Andrew Witty. Witty is stepping down for “personal reasons,” effective …
Read More »Rachel Reeves takes £50bn gamble with YOUR pension – there’s a problem | Personal Finance | Finance
Now here’s the terrifying bit. She’s doing it with your pension pot. Reeves is right to go for growth. Heaven knows we need it, after the damage she’s done. Her tax-and-spend autumn Budget choked off growth almost overnight. Now her “jobs tax” is boosting unemployment and causing chaos. Still, credit …
Read More »JetBlue plane gets Dunkin-themed special livery to celebrate long partnership
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 …
Read More »DWP dates PIP and Universal Credit changes will begin | Personal Finance | Finance
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 …
Read More »Fast-food giant McDonald’s to hire up to 375,000 at its US locations this summer
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 …
Read More »