Legal judgments have ruled that customers can claim 100% of the PPI cost back because commission levels were unfair. But claimants wishing to recoup this money have to make a Data Subject Access Request to find out how much-undisclosed commission was levied as a first step towards bringing a claim. …
Read More »Credit card debt hits a new record while delinquencies also rise
“Permanent Distortion” author Nomi Prins argues Fed policy is adversely affecting everyone on “Making Money.” Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of September, according to a New York Federal Reserve report published Tuesday. In …
Read More »Halifax house price index shows property rise of £3,000 for October | Personal Finance | Finance
UK house prices rose in October, up by 1.1 percent on a monthly basis, breaking a run of six consecutive monthly falls, according to the Halifax House Price Index. House prices in October 2023 were 3.2 percent lower than the same month a year earlier. The typical UK home now …
Read More »Investors rebuff ‘Big Oil’ climate shareholder resolutions
American Petroleum Institute CEO Mike Sommers on the state of the domestic oil regulatory environment and how the Middle East conflict may impact global prices. Big U.S. investors at the top five western oil firms’ shareholder meetings this year rebuffed an activist group’s resolutions to align their emission targets with …
Read More »Lying benefits cheats will face crackdown to catch them red-handed | Politics | News
People claiming benefits face monthly bank account checks to make sure they are not lying about their savings, it has emerged. Banks will be ordered to run monthly, or even weekly data checks to spot fraud risks. The Government fears the current system is too ad hoc, with officials having …
Read More »Fruit pouch recall expands over lead concerns: What parents should know
Check out what’s clicking on FoxBusiness.com The U.S. Food and Drug Administration has expanded its investigation into elevated levels of lead found in apple sauce packets marketed for children after receiving reports of at least seven illnesses across five states. The FDA said on Friday two additional brands of products, …
Read More »Older people live better than the young – and this must change, politicians told | Personal Finance | Finance
Politicians must do more to close the gap between young and old after a landmark study revealed alarming differences in wellbeing, a charity warns. A survey of almost 7,000 people for Carnegie UK found over-55s consistently reported better standards of living than younger generations. Sarah Davidson, its chief executive, said: …
Read More »Tyson recalls 30K pounds of dinosaur-shaped chicken nuggets
SlateStone Wealth chief market strategist Kenny Polcari gives his take on the controversial cuisine on Making Money. Food giant Tyson on Saturday announced the voluntary recall of about 30,000 pounds of frozen, fully cooked chicken nuggets after some consumers reported finding small pieces of metal in the product. The recall …
Read More »Peak interest rates! This 5.6% savings account is now UK’s best – but it won’t last long | Personal Finance | Finance
Better get used to it. This trend is set to continue as evidence grows that we have hit peak interest rates and the next move will be down rather than upwards, as I’ve repeatedly warned. The process has been going on for some months now. Last week, the Bank of …
Read More »Travis Kelce splurges for Taylor Swift, upgrades to $6M Kansas mansion
Donna Kelce, the mother of Travis and Jason Kelce, talks to Fox News Digital about her partnership with Barefoot Wine among other topics. Travis Kelce recently scored a new $6 million mansion amid his high-profile romance with Taylor Swift. The 34-year-old Kansas City Chiefs player, who has been romantically linked …
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