Business

Trump FCC Chairman nominee Brendan Carr discusses Mark Zuckerberg seeking a role in shaping the president-elects tech policy, and what he plans to do in the department. The Federal Communication Commission (FCC) on Thursday announced a proposal to improve 911 service by making it easier for first responders to find callers in need. The agency proposed a new regulation that would revise a requirement that wireless service providers provide location information with all 911 calls that identifies the caller's horizontal and vertical location within specified accuracy thresholds, which are validated in an independent test bed. All four of the FCC's current commissioners voted in favor.The FCC explained that while the vertical location data is helpful for first responders to locate the ...

Rachel Reeves is facing growing pressure over potential tax hikes targeting pensioners and savers, as economic headwinds threaten to erode the already fragile fiscal headroom she outlined in the Spring Statement.The Chancellor has left herself with what the Institute for Fiscal Studies (IFS) calls a "historically slim margin" against her fiscal rules, increasing speculation that she may be forced to raise taxes in an Autumn budget.Paul Johnson, director of the IFS, warned that “there is a good chance that economic and fiscal forecasts will deteriorate significantly between now and an autumn budget.”He added, “If so, she will need to come back for more, which will likely mean raising taxes even further.”While Labour pledged before the election not to increase income tax, VAT, or national...

Coalition for a Prosperous America chief economist Jeff Ferry discusses the panic over President Donald Trump's tariffs on 'Making Money.' President Trump's tariffs on automobiles and automobile parts are going to hit some automakers harder than others, particularly among those with a lower share of their U.S.-sold vehicles assembled outside the United States. For instance, Volvo, Mazda, Volkswagen and Hyundai Motor, which include the brands Genesis and Kia, imported at least 60% of their respective U.S. sales in 2024, according to S&P Global Mobility. Comparatively, Ford, Honda, Stellantis and General Motors have the most cars made in the United States, the S&P Global Mobility report showed.  Trump, who views tariffs as a way to bring in tax revenue to finance his plans fo...

Major changes are set to hit the PIP system (Image: Getty Images)Major changes to Personal Independence Payment (PIP) have been announced, following the introduction of stricter eligibility criteria. The alterations were first revealed last week, with further cuts to benefits being made by Rachel Reeves during her Spring Statement.PIP is a disability benefit given to individuals who need help with daily tasks due to a mental or physical health condition or disability. PIP is split into two parts, and claimants may be eligible for payments for one or both of these components.These are the daily living component and the mobility component.The upcoming changes will affect the daily living component of PIP and the scoring system used to determine someone's eligibility for this part. Most pe...

Some of the UK's biggest banks will be contacting customers they think are struggling with money as April brings a raft of hikes to household bills. Energy costs, water bills and council tax are some of the expenses which will be going up for many households.High street banks have stepped up efforts in recent years to provide tools, resources and trained staff to help those in need of financial support, especially in response to the cost-of-living crisis when demand for services increased. This also saw lenders getting in touch with customers they felt might be teetering on the edge of financial difficulty.Tom Snodgrass, the head of financial support for Santander UK, said: "We are committed to helping our customers through more challenging times, and would urge anyone who is feeling un...

2,8 % : c’est l’augmentation du salaire mensuel de base (SMB, le salaire brut) dans le secteur privé en 2024, selon des chiffres publiés vendredi 21 mars par la direction de l’animation de la recherche, des études et des statistiques (Dares) du ministère du travail. Après plusieurs années où les revalorisations de salaires n’ont pas pu suivre l’inflation, 2024 est celle du rattrapage : la hausse généralisée des prix à la consommation ayant chuté à 1,2 % l’an dernier, cela signifie que la hausse réelle des salaires est de 1,6 % en euros constants. Passage en caisse. GLOW IMAGES / PHOTONONSTOP Pour rappel, l’inflation a été supérieure au SMB durant sept trimestres consécutifs, entre mi-2021 et mi-2023 : au deuxième...

One in five people admit they didn’t tip after a meal out in the last 12 months, with many citing financial struggles or simply forgetting. A new survey by consumer group Which? found tipping habits across industries remain divided, with many service workers missing out on gratuity altogether.Reena Sewraz, retail editor at Which?, said: “Our survey reveals widespread differences in tipping etiquette, with workers in some sectors unlikely to see a tip at all.” The survey of over 2,100 UK adults found that nearly half (46%) of respondents said they hadn’t tipped food delivery drivers in the past year, and one-third (34%) admitted to never tipping taxi or Uber drivers.Those working in essential services were the least likely to benefit from tips. Three-quarters of people (75%) reported the...

Recent studies suggest that the amount of sleep you get in your 50s, 60s and 70s could increase your dementia risk by 30%.A study conducted by Harvard Medical School in 2020 examined thousands of individuals over 65.It compared their self-reported sleep patterns with dementia diagnosis, development or even death in the subsequent five years.Those who slept for less than five hours each night were twice as likely to develop dementia.They were also twice as likely to die compared to those who slept between six and eight hours each night.However, simply sleeping longer may not be the solution as the study also found a link between getting nine or more hours of sleep a night and dementia.However, researchers noted this link disappeared when they adjusted their models to account for other co...

With a series of bills set to rise next month, coupled with potential welfare cuts, families across the UK are bracing for an even tighter squeeze on their budgets. However, despite the tough outlook, help is still at hand.According to Policy in Practice, an estimated £22.7 billion goes unclaimed each year as vulnerable households remain unaware of the support they could be accessing.Citizens Advice has a comprehensive list of the different types of help that struggling households can access, even if they're not currently receiving any DWP benefits. This is the first step the charity recommends.Benefits such as Universal Credit, Carer's Allowance, Jobseeker's Allowance, Pension Credit and many others have been specifically designed to assist UK households facing financial hardship.Eligi...

DOGE representative Sam Corcos and Treasury Secretary Scott Bessent break down the Trump administration's department to end wasteful spending on 'The Ingraham Angle.' EXCLUSIVE: The federal government’s supply-side agency aims to reduce waste and redundancies in its shared goods and services, which include IT software and toilet paper supplies. President Donald Trump recently signed an executive order requiring government agencies to submit proposals to the General Services Administration (GSA) regarding common goods and services that can be consolidated or eliminated within the federal government.The GSA is examining all agencies’ current spending on various products and services, totaling a $490 billion budget, according to the White House. Some of the targeted products include l...