Business

Former air traffic controller Michael Pearson says an Obama-era ‘social engineering’ experiment gutted the FAA’s training pipeline, leaving America’s skies short-staffed and travelers facing years of turbulence. The Federal Aviation Administration's (FAA) flight reduction emergency order will officially end Monday morning, allowing normal operations to resume nationwide, according to officials. The order will be lifted at 6 a.m. ET Monday following recommendations from the FAA’s safety team. The decision came after safety reviews and improvements in air traffic control staffing levels across the U.S., according to a Sunday announcement from the FAA.  "I want to thank the FAA’s dedicated safety team for keeping our skies secure during the longest government shutdown in our nation’s ...

Britons have been warned to be vigilant for unsolicited calls, as fraudsters target the vulnerable with a new energy bill scam. As winter draws closer, cruel fraudsters capitalise on the various energy bill support schemes offered by the Government. They pose as officials and con people into sharing personal banking details.According to the Department for Work and Pensions (DWP), the latest scheme targeted is the Warm Home Discount, which is worth £150 and is applied directly to people’s energy bills. In a new post on X from the DWP, it said: “Have you heard about the Warm Home Discount Scheme? If you’re eligible, the £150 credit will be automatically applied to your electricity account.“If you get a call asking you to apply for the discount, it’s a scam.”Fraudsters are also targeting w...

Temperatures are forecast to plunge below freezing across the UK next week, meaning some Brits could soon see some extra money land in their accounts from the Department for Work and Pensions (DWP).The Cold Weather Payment scheme provides eligible households with financial support when the temperature drops to zero degrees or below for seven consecutive days. The scheme runs annually between November 1 and March 31, and people in receipt of certain means-tested benefits are eligible for the support. The payments, which are worth £25 per seven-day period, are made automatically.Whenever there’s a cold period, people can check if their postcode is due a payment by using the Government tool.The calculators vary by country, so it's important for residents of England, Wales, or Northern Irel...

A campaign calling on the Government to provide pensioners with a special exemption from the tax burden affecting the lowest earners has surged past a crucial milestone as backing continues to grow. A petition on the Parliament website is pushing for a new tax code for pensioners that would double their personal tax allowance.Currently, anyone earning above £12,570 starts paying tax at the basic rate of 20 per cent. This threshold has remained frozen since 2021 and through the mechanism known as 'fiscal drag', significantly more people are now liable for tax - including some of the nation's lowest earners.Concerns are mounting that even those receiving the basic state pension may soon begin paying income tax under the 'triple lock' arrangement. The State Pension is expected to increase ...

Energy Secretary Chris Wright joins 'The Sunday Briefing' to discuss the impact of the government shutdown on nuclear modernization, plans for testing, AI-driven energy demand and efforts to expand U.S. power generation capacity. U.S. Energy Secretary Chris Wright announced Monday that the Department of Energy’s Loan Programs Office (LPO) will largely focus on financing nuclear power plants. "By far the biggest use of those dollars will be for nuclear power plants to get those first plants built," Wright said at a conference of the American Nuclear Society. During President Trump's first administration, the LPO — which provides financing for U.S. energy and manufacturing projects — was used only to finance reactors at the Vogtle nuclear power plant in Georgia. ENERGY CHIEF WARNS ‘B...

Andreessen Horowitz general partner Katherine Boyle discusses the impact of AI on the labor market, Donald Trump Jr.'s speech in Riyadh and more on 'Mornings with Maria.' Black Flag, an accelerator focused on technologies vital to America’s national security, recently unveiled a new initiative aimed at helping the U.S. maintain its technological edge and out-innovate China in the global tech race. The initiative — called the Black Flag Investor List — is a database that connects U.S. founders with investors who prioritize national interests. It consolidates American and allied venture capital firms "investing in the national interests of the United States and our allies," Larsen Jensen, founder of Harpoon Ventures, told FOX Business."The Chinese Communist Party has been trying to b...

The average value of the top 25 Stocks and Shares ISA accounts is around 17 times greater than the average of the largest Cash ISA accounts, according to data from the tax office.InvestEngine obtained these figures through a freedom of information (FOI) request to HM Revenue and Customs (HMRC), revealing that the average value of the top 25 highest value Stocks and Shares ISAs stands at £10,980,000. In contrast, the average value of the top 25 highest value Cash ISAs is significantly lower, at £640,000, for the tax year 2022/23. These figures were calculated based on the number of accounts rather than account holders and were rounded to the nearest £10,000.The HMRC document also said there were approximately 3,080 ISA accounts with a market value of over £1million in 2022/23.It recorded...

President Trump gave Walmart a shout out for its double-digit price drop of this year’s Thanksgiving meal. Walmart announced on Friday that CEO Doug McMillon will retire in January after more than a decade leading the retailer.  He will be succeeded by Walmart U.S. CEO John Furner effective Feb. 1. Furner will also join the company’s board of directors on the same date.McMillon will remain on the company's board until the next annual shareholders meeting in June to assist in ensuring a smooth leadership transition. "Serving as Walmart’s CEO has been a great honor and I’m thankful to our Board and the Walton family for the opportunity," McMillon said in a statement. "He’s uniquely capable of leading the company through this next AI-driven transformation. He’s a merchant, an operator...

London's blue-chip index - and the pound - have slumped following reports of Rachel Reeves's U-turn on Budget income tax plans.Reports suggest the Chancellor is considering dropping plans to raise income tax in the autumn Budget on November 26. The potential U-turn has renewed concerns about how the Government will fill a fiscal shortfall of up to £35billion. The speculation triggered a sell-off in government bonds, with yields on 30-year gilts jumping 14 basis points to 5.37% in early trading, while 10-year yields rose 12 basis points to 4.56%. Gilt yields rise when their prices fall, and fall when their prices rise. Sterling also weakened, down 0.3% to $1.313 and 0.3% lower at €1.128. The FTSE 100 opened on the back foot, dropping 101.80 points to 9,705.88.Banks were among the hardest...

‘The Claman Countdown’ panelists Robbie Whelan and Kenneth Leon break down Disney's battle against Trian Partners. Disney removed the terms "diversity" and "DEI" from its annual business report for the first time in five years Thursday morning. In the company's 2025 Form 10-K filed after its recent Q4 meeting, the words "diversity," "inclusion," "DEI" or "diversity, equity and inclusion," appeared zero times. While the term "equity" appeared about 130 times, it was only used in a financial context.By contrast, the company's 2024 SEC filing included a dedicated section on diversity, equity and inclusion (DEI). DISNEY INVESTOR PLEDGES TO CONTINUE FIGHT AS SHAREHOLDERS REJECT PROPOSAL TO DISTANCE COMPANY FROM LGBT GROUP Disney's 2025 annual report included zero references to "div...