News
Far Worse Than Feared? US Economy Loses 60, 000 Hospitality Jobs in Huge Blow to Trump
1+ hour, 57+ min ago (589+ words) The US economy added just 57, 000 jobs in June, according to the latest employment report, with a shock loss of 61, 000 hospitality jobs nationwide that has handed Donald Trump an awkward economic setback months before the World Cup and the America 250 celebrations…...
Two Savers Wake Up "1 Million Richer After July Premium Bonds Draw'One Won With Just "14, 000 Invested
2+ day, 10+ hour ago (464+ words) A Premium Bonds holder with just "14, 000 invested has become one of two new "1 million jackpot winners in the July Premium Bonds draw, proving that life-changing prizes are not reserved for savers with the maximum "50, 000 investment. The announcement has genereated considerable…...
UK Mortgage Market Cools as New-Home Approvals Drop 15% in May | IBTimes UK
4+ day, 4+ hour ago (529+ words) British lenders approved the fewest mortgages for house purchases in almost a year and a half in May, as the rush among buyers to lock in home loans before further rate rises lost momentum. Banks and building societies approved 56, 205 home…...
Your Mortgage Could Cost You "268, 000 in Retirement: The Hidden Price of Higher Rates
1+ week, 2+ day ago (630+ words) Higher mortgage rates could cost some UK homeowners far more than increased monthly repayments. Financial experts warn they may also lose hundreds of thousands of pounds in retirement savings if rising housing costs force them to reduce pension contributions. New…...
Will Mortgage Rates Go Down in 2026? New One-Month Low Suggests Relief, but Waiting May Backfire
2+ week, 1+ day ago (359+ words) Mortgage rates have fallen to their lowest level in roughly a month. The drop is real. But for the millions of Americans who have been waiting on the sidelines for rates to come down meaningfully before buying a home, the…...
Half of Americans Fall Into 'Conflicted Middle', Feeling Broke Despite Good Incomes
2+ week, 1+ day ago (557+ words) Nicholas Wallace ticks the boxes that used to add up to a comfortable life. A full-time job, health insurance, a retirement account, and a household income of about $90, 000 (67, 200) in Madison, Wisconsin. On paper, the 34-year-old plastics manufacturer is fine. The…...
MAGA Grandma Says Grocery Prices Trigger Panic Attacks, Tells Trump To Live Like Working Americans
2+ week, 3+ day ago (544+ words) For many voters, economic statistics mean little compared with the reality of standing at a supermarket checkout and watching the total climb higher every week. That frustration was captured in a striking interview with a self-described MAGA grandmother who said…...
US Unemployment: Hidden Crisis Deepens as 6. 2m Workers Sidelined in Shadows
2+ week, 4+ day ago (572+ words) A 'hidden crisis' in US unemployment is unfolding as 6. 2 million Americans who want jobs remain sidelined from the workforce, according to recent analysis of Federal Reserve data, raising fresh concerns about the true health of the US labour market in…...
Donald Trump Defends Soaring Costs As He Claims To 'Love' New Inflation Figures | IBTimes UK
3+ week, 2+ day ago (480+ words) Donald Trump on Wednesday insisted he 'loves' the latest US inflation figures as he defended soaring costs in the Oval Office, saying the surging prices, including at the petrol pump, are a consequence of his war with Iran and his…...
Fed Warns Iran Conflict Is Driving 'Strong' Inflation Across America, And Your Grocery Bill Could Be Next
1+ mon, 4+ hour ago (626+ words) The Federal Reserve warns that soaring energy costs linked to the Middle East are hitting supermarket shelves as businesses struggle to absorb the strain of rising global prices. Inflation across the United States is accelerating sharply as the escalating conflict…...