Business

It’s the dream for all of us that one day your carefully stashed savings will turn into a jackpot £1M Premium Bonds win from NS&I.Premium Bonds are a great way to save money tax-free if you’ve already maxed out your regular Personal Savings Allowance and cash ISA allowance.Every Premium Bond owned gives you the chance to win money each month, from £25 up to the top £1million prize.According to Martin Lewis’ calculations, Premium Bonds’ average annual return on £50,000 of savings is 4 percent, although a few lucky people can win considerably more - and a few unlucky ones win less.But every month when the winners of the top prizes are announced, one or two Premium Bonds holders call into question why people living in some areas of England seem to win more often than others.One person ...

FOX Business' Gerri Willis reports on a new Federal Reserve study which found more than 70% of the nation's wealth is owned by those over the age of 55. Older workers are hanging around the office longer instead of retiring, and reports say it's signaling bad news for young professionals looking to advance. According to a recent piece from Axios, Gen Z and millennial workers are "locked into low-paying, junior-level jobs" with little room to climb the ladder. Their dilemma? Older workers are already standing on the higher rungs, unwilling to step down and pass the torch. GEN Z EMPLOYEES ARE TAKING MORE SICK DAYS THAN PREVIOUS GENERATIONS – HERE'S WHY Retirement has been postponed for many Americans facing financial troubles. (iStock / iStock)The Employee Benefit Research Insti...

Check out what's clicking on FoxBusiness.com. The Mega Millions jackpot jumped to an estimated $800 million after no tickets matched the winning numbers during Friday night's drawing. The winning numbers drawn on Friday were 6, 23, 41, 59 and 63 with a Mega ball of 25. The Megaplier was 2X.Nobody won the estimated $740 million jackpot Friday night, but five players — one each in California, Florida, Illinois, New Hampshire and Texas — matched all five white balls to win $1 million while another player in Ohio matched all five white balls and had the optional Megaplier to win $2 million. The next Mega Millions drawing will be held on Tuesday when players will attempt to win the estimated $800 million grand prize, which carries a cash option of $401.8 million.  MEGA MILLIONS JACKPOT ...

The average unit price of food has increased by a staggering 42 percent over the past decade, new research shows. This means Britons are paying significantly more for everyday essentials, and in some cases, getting less for their money.According to the credit card team at Compare the Market, digestive biscuits have been hit hardest by this inflation, with their price skyrocketing by 129 percent since 2014.Shockingly, not only are consumers paying 71p more per pack, but the size of the biscuits has also shrunk by 28 percent, also known as shrinkflation. This means people are paying more for less.Baked beans have also seen a dramatic increase, with prices more than doubling, rising by 106 percent over the last decade. Tea, a staple in British households, has also risen by 33 percent, cost...

Brits are being urged to check if they qualify for a cash boost of up to £300 as they can soon apply for this year’s Winter Fuel Payments. Eligible pensioners can claim the top-up to help with the cost of energy this winter as of September 16.Most people who meet the criteria will automatically receive the money, according to the Government website. But for others you will be able to apply by post from September 16 or over the phone from October 10.The payment has been around since 1997 to help everyone above state pension age with their winter heating bills.But the new Government has recently faced criticism as it announced the payments will be restricted to those on benefits and pension credit.It is believed around 10 million pensioners in England and Wales will lose out as a result.T...

Retired four-star general Jack Keane (ret.,) reacts to Israeli Prime Minister Benjamin Netanyahu saying that Hamas is refusing to make a deal and weighs in on former President Trump's warning that the U.S. is 'heading into WWIII territory.' The United States is treading on ground not seen since World War II, according to Fox News senior strategic analyst and retired four-star Gen. Jack Keane, who warned that "we're on a pathway" to a third world war.  His comments come amid conflicts in the Middle East, Europe, and growing tension in the Pacific, and echoes former President Donald Trump's warning that the U.S. is "heading into World War III territory." The four-star general told FOX Business' Stuart Varney that he does not "react to candidates' comments because I don't want to infl...

‘Shark Tank’ investor Kevin O’Leary weighs in on Tesla founder Elon Musk’s battle with Brazil and comments on U.S. markets. The showdown between Elon Musk and Brazilian Supreme Court Justice Alexandre de Moraes represents a threat to free speech that could impact other countries if not taken seriously, an activist told Fox News Digital.  "When you have a justice that can say who is able to have a profile or not … this is the big threat that X didn't want to follow," Isabela Patriota, the director of development of the Ladies of Liberty Alliance and head of its Brazil section, argued."Now, he's threatening everybody that uses VPN to use the platform," she said. "This is the threat here: Now if they are going to be using another platform, the same thing that happened to X can happen ...

Après les nombreuses et fortes hausses de l’an passé, la taxe foncière 2024 devrait s’annoncer moins douloureuse pour les propriétaires immobiliers. Après le record de hausse de la valeur locative — qui compte pour la moitié de la taxe — de 7,1 % en 2023, Bercy ne l’a augmentée cette année que de 3,9 %. Cette hausse de la valeur locative augmente mécaniquement la taxe dans la quasi-totalité des communes. L’autre moitié de la taxe dépend du taux fixé par chaque commune. Cette année, les quelques centaines d’habitants de Bénifontaine (Pas-de-Calais) et Lanarce (Ardèche) verront leur taxe augmenter de 50 % alors qu’à Fréchède (Hautes-Pyrénées) elle est passée de 26 % à… 1 %. Au total, 1 009 communes ont augmenté la taxe de 5 % ou plus et seulement 261 d...

URBS Finalement, dans la dernière ligne droite avant son extinction programmée au 31 décembre, la niche fiscale « Pinel », vertement critiquée ces dernières années par plusieurs missions d’évaluation, a trouvé grâce aux yeux de la Cour des comptes. Dans un rapport intitulé « L’aide fiscale à l’investissement locatif Pinel », publié jeudi 5 septembre, l’institution estime, certes, que cet outil d’incitation à l’investissement locatif « ne remplit qu’imparfaitement les objectifs de construction et de rénovation de logements dans les zones tendues », mais elle lui reconnaît également des vertus. Lire aussi | Article réservé à nos abonnés Le dispositif fiscal Pinel, censé inciter à l’investissement locatif, était ...

Missouri Attorney General Andrew Bailey discusses GOP-led states suing President Biden for his student loan handouts despite the Supreme Court's decision. A federal judge in Georgia has temporarily blocked President Biden's administration from implementing its plan to waive federal student loans for almost 30 million borrowers. U.S. District Judge J. Randal Hall issued the order on Thursday, ruling that the states currently suing the administration over the plan have established a case likely to prove the Department of Education does not have the authority to implement the loan forgiveness. "Plaintiffs show a substantial likelihood of success on the merits given the rule's lack of statutory authority," the judge wrote, according to Reuters. GOP-LED STATES SUE BIDEN ADMINISTRATION O...