Money Moves

Homeowners in the UK have raised concerns about the impact of faulty insulation installed under government schemes that began in 2013. These individuals, primarily from low-income backgrounds, report living in mold-infested conditions and are calling for broader investigations into the issues related to insulation that has allegedly led to health problems and property damage. Approximately […]

U.S. President Donald Trump and Chinese leader Xi Jinping are scheduled to hold a meeting aimed at discussing potential trade agreements between their two nations. This discussion comes amid ongoing trade tensions that have affected economic relations. Both leaders are expected to address various aspects of the trade relationship, which has been marked by tariffs

Korean skincare, commonly referred to as “K-beauty,” has gained significant global popularity, with South Korean exports totaling $10.3 billion (£7.7 billion) last year. This rise in K-beauty has prompted non-Korean cosmetic companies to launch their own product lines claiming K-beauty influences. The question arises: does this dilution of the term K-beauty matter? K-beauty gained traction

Nearly 200,000 individuals receiving benefits may have their debts to energy suppliers alleviated if they make some effort to address what they owe. The overall unpaid bills have reached record levels, amounting to £4.4 billion, driven largely by rising energy costs. The energy regulator, Ofgem, has proposed a plan that could see up to £500

Charlotte Brennan, who owns the Bloom & Brew café and gift shop in Ormskirk, reports that this year marks a significant increase in Halloween-related sales at her establishment. She notes a notable demand for pumpkin spice lattes as early as August, indicating an earlier shift toward autumnal consumer behavior after back-to-school shopping. Data from Worldpanel

Major technology companies are increasing their investments in artificial intelligence (AI), a trend that has contributed to record high stock prices. Recent earnings reports from Meta, Alphabet, and Microsoft highlight the significant capital expenditures these companies are committing to infrastructure and technology, despite ongoing concerns regarding the returns on these investments. Meta has updated its

The US Federal Reserve has implemented a 0.25 percentage point cut to its key lending rate, bringing it down to a range of 3.75% to 4%. This decision reflects growing concerns about a slowdown in the labor market, overshadowing existing worries about inflation. The interest rate cut comes amidst a government shutdown that has delayed

A Microsoft outage has impacted various services, including Asda, NatWest, and Minecraft. Downdetector reported thousands of incidents related to multiple websites experiencing issues on Wednesday. Microsoft acknowledged that some users of Microsoft 365, which encompasses applications like Outlook and Teams, may encounter delays. Additionally, the Azure cloud computing platform, essential for many online services, indicated

Nvidia has achieved a significant milestone by becoming the first company globally to reach a market value of $5 trillion (£3.8 trillion). This marks a rapid ascent from its origins as a niche graphics-chip manufacturer to a major player in the artificial intelligence (AI) sector. The company’s stock continues to surge due to growing investor

Ofcom, Britain’s communications regulator, has proposed new rules aimed at preventing scam texts from reaching consumers and businesses. The regulator indicated that these measures would address current protections available to mobile users and facilitate the blocking of scams by network operators. Ofcom’s strategy delivery director, Amy Jordan, stated that these plans aim to encourage mobile