Business

Chancellor Rachel Reeves said she knew how to run an economy. All she’s done is run it into the ground. Growth has stalled, debt has climbed and confidence is draining away. Companies are closing, jobs are disappearing and benefit claims are rising fast. It's a disaster. But nothing that Angela Rayner can't make worse.A few months after the election, I hailed Reeves, Rayner and Ed Miliband the UK’s economic suicide squad, dedicated to bringing Britain to its knees. They inherited an economy that was finally showing some long-awaited green shoots of recovery and throttled it. They have made countless mistakes, but the worst was Reeves’ £26billion hike in employer National Insurance, a straight tax on jobs. It has squeezed profits, deterred hiring and destroyed livelihoods.Reeves repeated...

FOX Business' Grady Trimble has the details from inside an autonomous robotaxi on 'Varney & Co.' Tesla will avoid a 30-day suspension of its dealer and manufacturer licenses in California after complying with a state order to stop using the term "autopilot" when marketing its vehicles, state regulators said Tuesday. The decision comes after the California Department of Motor Vehicles (DMV) found in December 2025 that Tesla violated state law by misleadingly marketing its electric vehicles with the terms "autopilot" and "full self-driving."The regulator said Tuesday that Elon Musk’s electric vehicle company took "corrective action" and had stopped using the term "autopilot," and noted that Tesla already modified its use of the term "full self-driving" by clarifying that driver s...

Attendance Allowance is designed to help older people with their care needs. (Image: Getty)More than one million pensioners could be missing out on a £441 monthly boost from the Department for Work and Pensions (DWP), despite living with health conditions that mean they qualify for extra support. Attendance Allowance, designed to help older people with their care needs, is set to rise again in April, yet billions of pounds could be going unclaimed. More than 1.7million people aged 66 and over are currently receiving the payment, but many more could qualify. Research by Policy in Practice suggests that up to 1.1million pensioners were not claiming support in 2023, leaving an estimated £5.2billion unpaid. Experts believe a lack of awareness is the key reason behind the shortfall.Caroline ...

C’est une nouvelle qui agite la sphère des placements, tant le changement de pied est significatif. La société de gestion Corum AM (9,6 milliards d’euros d’encours gérés) a déposé fin janvier les statuts de Corum Start, une société civile de placement immobilier (SCPI) sans frais de souscription. Elle est aujourd’hui en cours d’agrément auprès de l’Autorité des marchés financiers (AMF), mais cette demande constitue en elle-même un événement. Le président du groupe Corum L’Epargne, Frédéric Puzin, était jusque-là une des voix les plus critiques de ce modèle de SCPI. Lire aussi | Article réservé à nos abonnés La rémunération des SCPI baisse pour la deuxième année consécutive Lire plus tard Le format, apparu...

'The Big Money Show' panel analyzes the 'gray-shaped economy' and the January jobs report. Cheerios maker General Mills cut its annual sales and profit forecasts, citing weak consumer sentiment and a shift toward healthier and lower-cost food options that are pressuring demand for packaged products. "Weak consumer sentiment, heightened uncertainty, and significant volatility have weighed on category growth and impacted consumer purchase patterns, resulting in a slower pace and higher cost of volume recovery than initially expected," the company said in a statement ahead of its presentation at the Consumer Analyst Group of New York (CAGNY) conference on Tuesday morning. The shifting consumer landscape, driven in part by the growing preference for healthier options and increased adop...

Check out what's clicking on FoxBusiness.com. Buffalo Wild Wings can keep calling its menu item "boneless wings" as such, a federal judge ruled Tuesday, dismissing a lawsuit that claimed the name amounted to false advertising. U.S. District Judge John Tharp in Illinois issued a 10-page ruling allowing the sports bar chain to continue calling its menu item "boneless wings," after a Chicago man filed a lawsuit accusing the restaurant of false advertising, saying the boneless wings were overpriced because they are essentially chicken nuggets.While Aimen Halim argued in the lawsuit that Buffalo Wild Wings should call the product something different, like "chicken poppers," Tharp said the argument had no meat on its bones. "Halim did not 'drum' up enough factual allegations to state a c...

Travelers at El Paso, Texas' airport called it a "shock" that the Federal Aviation Administration closed the city airspace Wednesday, before lifting the travel restrictions. (KFOX) The days of booking your flights six months in advance to save a buck are officially over. According to Expedia’s 2026 Air Hacks Report, the early bird is now getting stuck with the bill, while a new wave of Friday flyers is reaping the rewards.As domestic airfares tick up 3% this year, a massive shift in travel data reveals that Friday has dethroned the weekend as the cheapest day to both book and fly — saving savvy travelers hundreds on everything from quick trips to Las Vegas to international treks to Tokyo. "Flight trends are constantly evolving and with Friday emerging as both the busiest day for ai...

Pour les copropriétaires qui constatent des manquements graves dans la gestion de leur immeuble par le syndic, une question revient souvent : à quelle instance dénoncer ces agissements ? « Je veux faire en sorte que le syndic qui n’a pas convoqué les assemblées et laissé 34 000 euros de facture d’eau impayée ne puisse plus exercer », affirme, par exemple, Joëlle, copropriétaire dans le pays de Gex (Ain). Bonne nouvelle pour Joëlle, une commission chargée de faire régner la discipline parmi les professionnels de l’immobilier existe bien, mais cela fait huit ans que tout le monde attend la nomination de ses membres. Comment en est-on arrivé là ? Conscient de la nécessité de mettre en place une commission de contrôle, le législateur l’a créée dans la loi ELAN du 23 no...

Older Brits have been urged to check that they are being given all they are entitled to, as it's been revealed that billions of pounds available for older people on low incomes are sitting unclaimed.Around one in six pensioners are living in poverty, though many are missing out on financial support that they could be entitled to because they assume they won’t qualify, or find it daunting and challenging to complete applications without support. However, £3 billion worth of financial aid is available to pensioners on low income.Figures show that nearly two in five of those eligible to claim Pension Credit are missing out on an average of £50 per week, or £2,600 per year. Not only that, but many are not accessing other financial help and benefits such as Cold Weather Payments, council tax...

Check out what's clicking on FoxBusiness.com. Federal regulators warned Friday that a multistate outbreak of a highly drug-resistant salmonella infection has been linked to moringa powder, a nutrient-dense plant supplement that has recently surged in popularity as a trendy "superfood." The Food and Drug Administration (FDA) conducting a traceback investigation said the outbreak has been linked to certain Rosabella-brand capsules distributed nationwide by Ambrosia Brands LLC.Moringa powder, used for medicinal and dietary purposes, is made from the dried leaves of the Moringa oleifera tree, which is native to India and often referred to as the "miracle tree." At least seven people across seven states were infected with the outbreak strain between Nov. 7 and Jan. 8, according to the C...