Chinese stocks notched a mixed performance on Tuesday after economic data releases that did little to inspire confidence in a sustained recovery in the world’s second-largest economy. Hong Kong’s Hang Seng Index gained less than 0.1% with the Shanghai Composite down 0.3%. Chinese economic data out Tuesday in the form of April purchasing-managers indexes (PMIs) were a mixed bag.
The DWP will be monitoring bank accounts of those on benefits
New figures released by the DWP revealed more than 180,000 benefit claimants had their payments stopped
Britain's biggest banks are bracing themselves for talks with the Post Office over a new deal to allow millions of their customers to withdraw cash at its branches. Sky News has learnt that a group of lenders including Barclays and HSBC are in the process of forming a shared interest group to represent the industry in talks with the government-owned company during the coming months. Roughly 30 banks and building societies participate in the existing deal, paying in aggregate approximately £200m annually to facilitate customer access to the Post Office's 11,500 branches.
Taxpayers have been hit with a £5.6bn Universal Credit fraud bill despite a Government crackdown on criminals abusing the system.
On Thursday I become a homeowner. It is a dream that I have achieved precociously, thanks to the generous support of my parents.
Harvey Jones is thinking ahead and wondering which dividend shares he would buy to kickstart his retirement income. These two will do for starters. The post If I was retiring tomorrow, I’d buy these 2 ultra-high yield FTSE dividend shares today appeared first on The Motley Fool UK.
This UK stock’s fallen from £20.70 five years ago to just £1.35 today. But this Bernstein analyst thinks it deserves a triple-digit bounce. The post This battered UK stock could rise 181%, according to a Wall Street broker appeared first on The Motley Fool UK.
Mortgages are falling amid hopes central interest rates could be cut as early as the start of summer. Barclays has announced it is lowering fixed-rate mortgage deals by up to 0.45 percentage points from Friday, while HSBC and TSB have also announced smaller rate reductions.
The DWP is set to be granted new powers in a bid to reduce the levels of fraud, debt and error in the benefits system
Representatives of Thames Water’s multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
HSBC and Barclays fire the starting gun on what some advisers predict will be a new mortgage price war
Financial Analyst and YouTuber Kevin Paffrath joins Market Domination to discuss Tesla’s (TSLA) stock valuation and what to expect from the company by the end of the year. “My rule of thumb this year is patience for 2024,” Paffrath says, pointing to factors like the election and CEO Elon Musk’s posts on X that make Tesla a “tough” stock. “I’d like to get past not only the election — because then I think we’re going to see politics cool a little bit from the Elon point of view — but we’ll also have gotten past the shareholder vote. We’ll have gotten past the robotaxi event. We'll see how much adoption we actually get for full self-driving, ” he explains. Paffrath also says he’ll be closely watching how much cash Tesla will have by the end of the year: “I think there’s definitely a massive cash problem and that’s why I’m just saying patience this year.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
This UK penny stock has been making investors a lot of money in recent months. Is it worth buying today as a speculative investment? The post This 13p penny stock’s on fire! Should I buy it? appeared first on The Motley Fool UK.
FTSE 250 stocks include a lot of potential passive income candidates right now, with even more 8%+ yields than the FTSE 100. The post With an 8% dividend yield, I think this cheap FTSE 250 stock could be one not to miss appeared first on The Motley Fool UK.
Harvey Jones is on the hunt for a top FTSE 100 income stock at a low price. He's ruled out two big names, but he's now itching to buy the third. The post One dirt cheap income stock I’d buy in an ISA today and it’s not Imperial Brands or Vodafone appeared first on The Motley Fool UK.
The dividend yields on these UK shares soar above the FTSE 100 and FTSE 250 averages. Here's why Royston Wild thinks they're worth a close look. The post 8% dividend yield! Buying these UK dividend shares could provide a £1,600 second income appeared first on The Motley Fool UK.
This Fool is wondering which of these FTSE 100 bank stocks look like a better buy for his ISA today. Is it HSBC or are Lloyds shares more appealing? The post Best FTSE 100 bank shares right now: Lloyds or HSBC? appeared first on The Motley Fool UK.
April's Consumer Price Index (CPI) fell in line with year-over-year expectations as it rose 3.4%, while cooling below month-over-month estimates and increasing by only 0.3%. Yahoo Finance's Brooke DiPalma, Madison Mills, and Jennifer Schonberger join the Morning Brief to break down the sectors most heavily impacted by inflation. April's CPI print shows that Americans are still grappling with high food prices. Overall prices jumped 2.2% year over year, and the cost of groceries alone rose 1.1% year over year. The cost of dining out at restaurants also increased to 4.1% year over year. Meanwhile, shelter and gas combined contributed to 70% of April's monthly CPI increase. Shelter rose 0.4% month over month and 5.5% year over year, serving as a key indicator of whether the Federal Reserve's rate hike cycle is impacting inflation. Transportation costs rose 0.9% month over month and 11.2% year over year, while services rose 5.3% year over year. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
There is no such thing as a risk-free dividend stock. Even companies that have made shareholder payouts without interruption for decades can experience unexpected financial difficulties which cause their dividend payments to abruptly come to an end.
(Bloomberg) -- China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying
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