Business

Check out what's clicking on FoxBusiness.com. Chase customers who took advantage of an overdraw scam that went viral over the weekend could find themselves in a lot of trouble. Videos circulating on social media ahead of Labor Day claimed that a "glitch" in the bank's system would allow customers some easy money, but in reality, it was simply stealing.Now, FOX Business has learned that Chase is partnering with law enforcement to pursue charges against participants in the scam. A person uses a Chase bank ATM on Feb. 29, 2024, in New York City. A scam involving a purported "glitch" in Chase's systems went viral over the weekend. (Gary Hershorn/Getty Images / Getty Images)Several accounts on TikTok and other platforms touted the scheme that instructed Chase account holders to wri...

State pensioners can save thousands of pounds by claiming the DWP’s Pension Credit. Not only does the benefit top up income, but it also serves as a gateway to other discounts and freebies, including a free TV licence, a Council Tax reduction, and the reinstatement of the Winter Fuel Payment.Over 880,000 more Britons could be eligible for the Department for Work and Pensions’ Pension Credit benefit but aren’t claiming it.The support is worth an average of £3,900 a year and works to top up low-income pensioners’ state pension to give them a more reasonable standard of living.Eligible claimants can also qualify for even more cost-of-living support, adding thousands of pounds more to their annual savings.The TV licence costs £169 a year and all households must have one if they watch or str...

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The latest private student loan interest rates from the Credible marketplace, updated weekly. (iStock) During the week of Aug. 26, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and 10-year fixed-rate loans. 10-year fixed rate: 7.59%, down from 7.89% the week before, -0.305-year variable rate: 8.38%, down from 9.92% the week before, -1.54Through Credible, you can compa...

FOX Business host Larry Kudlow reacts to the vice president pushing a $50,000 tax break for small businesses on 'Kudlow.' Why choose the imitation when you can vote for the real thing? That's the subject of the riff. There she goes again, again. Ms. Chameleon Kamala Harris has thrown two new flip-flops at us in just the last 24 hours. Here's a hunch: bad polls are causing flip-flop panic among Team Kamala.  I'm going to speculate that the source of these new flip-flops are a bunch of polls that show she got no bounce from the DNC, and in fact is losing ground to Mr. Trump all over the place. With absolutely no convention bounce, even where national polls show them even or maybe her up a point, she should be up four or five points because Mr. Trump always under-polls.  MODELO AND CO...

I/O Fund lead tech analyst Beth Kindig discusses whether Intel will exit the Dow 30 after the release of its next-gen core ultra chips on Varney & Co. The Biden administration's plan to revitalize the U.S. semiconductor industry is facing doubts over its success as Intel — the company the government is relying heavily on to deliver its goals — continues to struggle. The U.S.-based chipmaker was expected to be the chief beneficiary of the tens of billions in taxpayer subsidies allocated under the bipartisan CHIPS and Science Act passed two years ago. But so far, the company has not received any funds as it works to meet the government's requirements, and instead of creating the jobs promised under the policy, it has slashed its workforce by 15%. President Joe Biden (C) talks...

Republican Massachusetts Senate candidate John Deaton joins ‘Mornings with Maria’ to discuss his campaign strategy to unseat Democrat Sen. Elizabeth Warren. One of crypto's finest may be headed to Capitol Hill even as he tells FOX Business that digital asset advocacy won’t be central to his long-shot bid to unseat Elizabeth Warren, the powerful progressive lawmaker who has served as the senior senator from Massachusetts for more than a decade. John Deaton, a Marine veteran, attorney and well-known crypto advocate, clinched the GOP nomination Tuesday evening, snapping up 65% of the party vote to challenge Warren on Nov. 5.Deaton, who says he holds around 80% of his personal wealth in bitcoin, has been a vocal advocate for fair digital asset policy, using his legal smarts to interven...

Jack Otter and the panel discuss the downfall of Southwest Airlines’ popularity and how they could turn it around on ‘Barron’s Roundtable.’ Activist investor Elliott Investment Management has continued pushing for a "comprehensive" review of Southwest Airlines' business while building its stake in the carrier. Elliott now holds 10% of the airline’s common stock, a Tuesday filing with the Securities and Exchange Commission (SEC) showed, allowing it to call a special meeting with Southwest.The investment firm has also advocated for numerous changes at Southwest that it has argued will improve the carrier’s financial performance. As part of Elliott's push for a business review, it said the airline has "written off key commercial innovations and revenue opportunities across the airline...

A new map has revealed where in the UK you could be getting a £400 boost to your pension.The new full state pension is set to be boosted above inflation by more than £400 a year.This is because wages data to be released next week is set to show an increase in average incomes, according to BBC reports.This would be great news for pensioners as the triple lock means the state pension increases every April by whatever number is highest out of inflation, the average UK wage increase or 2.5 percent.The increase will take the full state pension for men who were born after 1951 and women born after 1953 to around £12,000 next year, after a £900 increase last year.A total of 3.4 million people were receiving the new state pension in May of last year, according to the latest figures from the Dep...

Check out what's clicking on FoxBusiness.com. Rumors circulating on social media platforms such as X, TikTok and Instagram have prompted the popular juice brand, Capri Sun, to reassure fans. Accounts spread that Capri Sun will be ditching its iconic pouch, and opting for bottles instead.Media and news company, Pop Crave, was one of many to share the rumored Capri-Sun move. PUMPKIN SPICE PAYOUT: HOW TO TASTE-TEST TRADER JOE'S FALL FOODS AND GET PAID FOR IT "Capri Sun will reduce the number of pouches and transition more to bottles starting in 2025," Pop Crave posted to X, garnering over 8.1 million views. "The bottles are planned to launch early in 2025 in the US only, and it was never planned nor will it replace the iconic straw and spouted pouches that are loved and enjoyed by...

They’re one of the hottest kitchen trends of the past few years but if you haven’t bought an air fryer yet, now is the perfect time as energy bills are set to go up from October.Customers with every energy firm from British Gas to EDF and EON or OVO will see bills rise by £149, or 10 percent, from October 1.And that’s why it’s the ideal time to buy an air fryer, which can slash your electricity bill by as much as 75 percent.Ninja air fryers are the biggest brand on the market, and for good reason - Ninja’s best selling dual zone air fryer promises to cut energy bills by 75 percent compared to using a traditional oven.Whether you’re a state pensioner missing your Winter Fuel Payment or just busy with work without much time to use a full oven, an air fryer can save both time and money.Nin...