Business

British families will use seven times the usual amount of electricity on Christmas Day - enough to watch Home Alone back-to-back 183 times, new research has found.The average household will use an estimated 65k kWH (kilowatt-hours) of electricity on December 25 compared to eight to ten kWh on a normal day, according to EDF. And while the majority will be used on the Christmas dinner - including cooking 14.6 million turkeys and 114 million pigs in blankets - two in five pet owners will be preparing a special meal for their pet. Vanity will also send the electricity meter spinning, with ten per cent will be using LED face masks and ring lights for festive selfies. And Brits are expected to brew a whopping 332 million cups of tea and coffee, enough to fill 32 Olympic-size swimming pools. F...

‘The Big Money Show’ panel reacts to Brian Moynihan’s claim that Americans keep spending despite rising pessimism about the economy. Nearly a quarter of all U.S. households are living paycheck to paycheck and the number has risen over the last year, though the rate of growth has slowed, according to a new report. The Bank of America Institute report found that almost 24% of households would be classified as living paycheck to paycheck so far in 2025, an increase of 0.3 percentage points from 2024 – although the growth rate is nearly three times lower than it was a year ago.It defines living paycheck to paycheck as households spending over 95% of their income on necessities like housing, groceries, gas, utilities, internet plans, public transit and childcare. That leaves them with l...

Amazon’s Chief Technology Officer of Robotics, Tye Brady, shared his vision for reinventing the workplace inside warehouses and fulfillment centers for the online retailer. FIRST ON FOX: Ahead of the Black Friday shopping rush, the House China Committee is demanding Amazon display the country of origin for every product it sells. In a letter to Amazon CEO Andy Jassy obtained by Fox News Digital, chairman John Moolenaar, R-Mich., and ranking member Raja Krishnamoorthi, D-Ill., urged Amazon to clearly identify the origin of its products, including listing what percentage of parts are U.S.-made and whether the seller is a U.S. or foreign entity.The lawmakers called out TP-Link, a company that sells Wi-Fi routers and smart home gear on Amazon and was founded in China. The company claim...

Households in one part of the UK are being given up to £125 of supermarket vouchers to help with the cost of living. Households can get between £50 and £125, depending on whether they are a single household or have children under the age of 19, and applications are open between now and March 2026. So if you’re struggling with the cost of Christmas you can apply now and could get the money in time for the big day.Although this specific scheme applies in Derby, this money is being supplied by the Department for Work and Pensions (DWP) as part of the Household Support Fund and other councils are giving out supermarket vouchers in other parts of the UK too. The DWP scheme gives local councils across England a share of a funding pot worth £742 million and helps vulnerable homes pay for essen...

U.S. Commerce Secretary Howard Lutnick joins Mornings with Maria to discuss President Donald Trump’s push to expand his $1 trillion EU trade deal, boost American tech investment and challenge Europe’s heavy-handed regulations. EXCLUSIVE: Amazon Web Services (AWS) on Monday announced a plan to build and deploy purpose-built artificial intelligence (AI) and high-performance computing for the U.S. government for the first time. AWS' announcement includes a commitment to invest up to $50 billion to expand the AI and supercomputing abilities available to the company's customers in the federal government.The investment is set to begin in 2026 and will add nearly 1.3 gigawatts of AI and supercomputing capacity across AWS Top Secret, AWS Secret and AWS GovCloud (US) Regions by building dat...

Martin Lewis's Money Saving Expert has issued an update regarding a legal claim that could earn millions of Brits a payout of over £ 1,000. The four biggest mobile phone operators - EE, O2, Three and Vodafone were taken to court in 2023 for overcharging customers.Justin Guttman, former head of research and insight at Citizens Advice, brought the claim on behalf of 4.8 million people who bought mobile contracts that include a phone and services such as data, minutes, and calls. It alleges that the operators overcharged customers once they had reached the end of their contract and their handset was paid off.It claims that the company should have moved customers to the same price as a cheaper SIM-only deal once their contract ended.As a result, the claim aims to recoup more than £3 billion...

Congressman Troy Downing, R-Mont., joined ‘Mornings with Maria’ to discuss the shutdown’s economic toll, record-high beef prices and the president’s $2,000 relief plan amid growing fears of inflation and rising debt. Beef prices have climbed to record highs, and yet Americans keep buying steaks. Economists say that deep-rooted demand is helping drive prices higher and there’s little sign it will ease anytime soon.Glynn Tonsor, a professor of agricultural economics at Kansas State University, told Fox News Digital that strong consumer demand continues to push beef prices upward, regardless of supply fluctuations. TRUMP ORDERS DOJ TO INVESTIGATE MEATPACKING COMPANIES FOR 'ILLICIT COLLUSION' AMID RISING BEEF PRICES "There’s nothing that forces me or you or anybody else when we go into...

Almost four in 10 consumers admit to Black Friday regret after splurging on impulse buys. A poll of 2,000 adults who have previously shopped for Black Friday deals found 44% get swept up in the hype - with clothing, kitchen gadgets and skincare sets topping the list of purchases people wish they hadn’t bought.More than a quarter have bought something they've never used, but the research showed young shoppers are more prone to regretting their impulse buy. Two thirds of Gen Z admitted to having second thoughts about a previous Black Friday buy, compared to just 21% of Boomers.This year, half of those shopping in the sale said they would be more likely to plan their purchases in advance, over simply buying on impulse.And when the Black Friday sales roll around, almost a third (29%) will b...

State pensioners can get extra money from the Department of Work and Pensions if they meet one of four or more conditions, currently worth £110 per week, or nearly £6,000 a year.The DWP currently gives you up to £110.40 per week for Attendance Allowance - and it’s not means-tested. That means that regardless of how much income you have, how much you have in savings or what else you own, you will still be eligible for the full benefit worth up to about nearly £6,000 a year in cash payments from the DWP.The benefit is claimable by anone who needs help with personal care due to an illness or disability. There are two different weekly rates, and how much you get depends on how much help you need day to day.The lower rate pays £73.90 per week, and is for those who need help during the day OR...

Journalist Michael Shellenberger discusses revelations claiming foreign governments are pressuring Big Tech to enforce global censorship on 'The Bottom Line.' According to a Forbes report published Nov. 7, Bluesky’s daily active user count dropped sharply following President Donald Trump’s 2024 election victory, while his platform, Truth Social, saw modest gains during the same period. While Bluesky's main competitor, Elon Musk's X, also saw a decline in daily active users, Forbes noted that Bluesky experienced "a much steeper decline than other major social networks over the same period.""Bluesky’s number of average daily active users on mobile devices worldwide is down 39.8% year-over-year as of the end of October, according to data from Similarweb, a digital market intelligence ...