Bara Finances Boosted by Spending Cap Rise

One-month cap on advance rent payments backed by MPs

MPs vote for a cap on advanced rent payments in England as the Renters' Rights Bill edges closer to becoming law.

BBC News - 6h

How Unauthorized Immigrants Help Finance Social Security Benefits

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.

The New York Times - 11h

Airlines turn to incoming government to resolve Ireland’s airport cap row

Industry hopes Dublin will resolve a long-running dispute caused by local planning restrictions

Financial Times - 1d

Bond yields are surging. Here's what it means for your finances

The yield on 10-year U.S. Treasury bonds reached its highest level in 14 months.

ABC News - 1d

Gazprom considers record job cuts as Ukraine war ravages finances

Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on line

Financial Times - 1d

Will spending more boost your quality of life in retirement? Here’s how annuities help that.

Retirees may hold back when they think they’re draining their savings instead of spending an income.

MarketWatch - 3d

How a Driving Instructor to the Stars Spends Her Sundays

Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.

The New York Times - 3d

Hiring boost indicates Trump will inherit healthy economy

The data may help determine whether the Fed will cut interest rates this month.

ABC News - 4d

For richer, for poorer: the changing finances of divorce

Budget changes make navigating the economic dynamics of relationships more taxing

Financial Times - 4d

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - 4d

Now on the College Course Menu: Personal Finance

More universities and colleges nationwide are offering courses to teach students how to manage their own money.

The New York Times - 4d

Biden's last chance to tackle tobacco: Capping nicotine levels in cigarettes

In its last few days of power, the Biden administration is expected to officially propose a limit on nicotine in cigarettes.

NBC News - 4d

Price of resale tickets to be capped under plans to tackle touts

The government is suggesting a cap on the cost of resold tickets, potentially up to 30% on top of the original price.

BBC News - 4d

Resold tickets prices set to be capped under UK tout crackdown

Ministers vow to stop resellers ‘fleecing the public’ after fan outcry over cost of Oasis concerts

Financial Times - 5d

Barça face fury after Olmo registration boost

Barcelona are facing criticism from Athletic Club after Dani Olmo and Pau Víctor were granted temporary playing registrations by the country's top sports court.

ESPN - 5d

Why are the A's spending big this winter as they relocate to Sacramento?

Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.

Yahoo Sports - 5d

People smugglers to have finances targeted with new sanctions

The planned measures will target the finances of illegal smuggling networks, the Home Office says.

BBC News - 5d

China bets on kitchen appliances to boost economy

A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.

BBC News - 5d

How car loans became Britain’s latest consumer finance scandal

Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to credit

Financial Times - 6d

Active mutual funds struggle to beat large-cap stock benchmarks — again

Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

MarketWatch - 6d

Heads say they face tough choices on school spending as costs rise

A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.

BBC News - Jan. 8

The rise and rise of Newcastle's Isak

With Alexander Isak leading the charge for a reinvigorated Newcastle United, BBC Sport looks at the rise of Tyneside's crown jewel.

BBC News - Jan. 7

Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges

More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.

The Wall Street Journal - Jan. 7

Sources: A's keep spending with Rooker extension

Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...

ESPN - Jan. 7

Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows

Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.

NBC News - Jan. 7

Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.

CNBC - Jan. 7

Conceição caps 1st week at Milan with Super Cup

Sergio Conceicao capped an incredible first week at AC Milan by lifting the Italian Super Cup on Monday, wrapping up a period which included two comeback wins, fighting a fever, picking up an ...

ESPN - Jan. 6

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

Some Baseball Teams Won’t Spend Money, and It’s a Problem

Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.

The New York Times - Jan. 6

Freeman, Franklin eye boost to all Black coaches

Notre Dame's Marcus Freeman and Penn State's James Franklin are aware they are on the brink of making history in the College Football Playoff Semifinal at the Capital One Orange Bowl.

ESPN - Jan. 4

Europe readies for scattergun defence-spend bonanza

Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spread

Financial Times - Jan. 4

Trump boosts Johnson ahead of Speaker vote

President-elect Trump gave a public boost to Speaker Mike Johnson (R-La.) hours before House lawmakers vote to determine whether he will keep the gavel to start the next Congress and amid ...

The Hill - Jan. 3

Five green finance questions for 2025

The new year will bring tough challenges for investors in the energy transition

Financial Times - Jan. 3

House Ethics panel recommends further review of campaign finance allegations against 2 lawmakers

An independent congressional watchdog wants to dig deeper into separate campaign finance allegations against two lawmakers, Reps. Andy Ogles (R-Tenn.) and Sheila Cherfilus-McCormick (D-Fla.). The ...

The Hill - Jan. 2

Sanders gets Finance perch to push Social Security, Medicare expansion, tax reform

Sen. Bernie Sanders (I-Vt.), who supports expanding Social Security and Medicare and raising taxes on the wealthy, will get a seat on the Senate’s powerful Finance Committee, which has jurisdiction ...

The Hill - Jan. 2

Here's what to know about Medicare's new spending cap

This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.

CBS News - Jan. 2