Shrimpers along the Gulf Coast are calling for stronger federal protections, saying unfair foreign trade practices and international investment are devastating their industry. Shrimpers along the Gulf Coast say they need more help from the federal government with cheap shrimp imports from countries like Ecuador, India, Indonesia, and Vietnam driving …
Read More »Savers £25,000 behind as average retirement ‘outlasts state pension’ | Personal Finance | Finance
After the recent triple lock increase, the full new state pension now stands at £230.25 per week, which amounts to £11,973 annually. However, the typical yearly sum required for retirement is estimated at £36,915, leaving a substantial shortfall of £24,942. Financial experts have warned people that they may not be …
Read More »Trump administration moves to crack down on CFPB’s use of regulatory ‘guidance’
Rep. Byron Donalds, R-Fla., on his bill to eliminate the Consumer Financial Protection Bureau, Elon Musk’s directive to federal workers to document work, Congress’ budget reconciliation process and his political future. The Trump administration on Friday moved to review the use of regulatory guidance at the Consumer Financial Protection Bureau (CFPB) …
Read More »Map shows full list of NatWest bank closures as 19 to shut in May | Personal Finance | Finance
NatWest has announced it will close 19 branches across the country next month. The banking giant has put the closures down to changing customer behaviour, with NatWest reporting a 62% drop in over the counter transactions between 2019 and last year. This compares to a 53% increase in use of …
Read More »Homeowner near the Masters golf course won’t sell despite big money offers
GoDaddy founder Bob Parsons talks about the state of golf on ‘The Claman Countdown.’ The Augusta National Golf Club has spent hundreds of millions of dollars reshaping the landscape around its storied course. The club, home to the prestigious Masters Tournament, has bought up and bulldozed most of the neighborhoods …
Read More »There’s still one power greater than Donald Trump and it’s winning now | Personal Finance | Finance
It’s not China’s Xi Jinping, although as head of the world’s secondary superpower, he’s certainly catching up. Nor is it the EU, IMF or the Pope. It’s something quieter, more calculating – and far less forgiving. Even Donald Trump has retreated when faced with its power. At least for now. …
Read More »Egg prices crack records ahead of Easter holiday but relief may be on the horizon
USDA Secretary Brooke Rollins discussed wholesale egg costs going down after a national outbreak of bird flu during Thursday’s Cabinet meeting at the White House with President Donald Trump. (Credit: Pool) Egg lovers are scrambling as prices may have cracked all-time highs ahead of Easter, but federal officials say relief …
Read More »418,000 homes face soaring energy bills unless they switch | Personal Finance | Finance
Hundreds of thousands of families are sleepwalking into a spring energy bill sting – with up to 418,000 households facing sharp hikes in their gas and electricity costs unless they act fast. Consumers who locked into a 12-month fixed deal last year are being urged to switch now or risk …
Read More »Mortgage rates tick lower for third straight week
‘Making Money’ host Charles Payne argues Americans are spending too much and saving too little. Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell slightly to …
Read More »State pension age expert explains how it works and when you’ll get yours | Personal Finance | Finance
A hike in the state pension age means thousands of Brits nearing retirement are not sure what agethey will be when they get their state pension. The Institute for Fiscal Studies (IFS) estimated that around 130,000 people in their early 60s had no idea when they could start claiming the …
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