Money

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Yen falls to weakest level since July 2024, dollar under pressure

By Rae Wee SINGAPORE, Jan 13 (Reuters) - The yen fell to its lowest in more than a year on Tuesday while the dollar held most of its losses as investors fretted about the Federal Reserve's independence after the Trump administration opened a criminal investigation into Chair Jerome Powell. The yen was the main mover in Asia hours, as it slid to its weakest level since July 2024 at 158.925 per

2026-01-13T04:58:08Z

Asian benchmarks are mixed after Wall Street pulls back and global uncertainty grows

Asian benchmarks are mixed after Wall Street pulls back and global uncertainty grows - Asian shares are trading mixed after Wall Street pulled back from its recent records and as political uncertainty brewed in various regions, including in Iran

2026-01-14T04:17:25Z

I found £667 in my account after following Martin Lewis hack – it was so easy

I saved £667.95 in just one year using the 1p savings challenge backed by money expert Martin Lewis - and barely noticed the money leaving my account

2026-01-13T06:13:33Z

Regular spending on weight loss drugs could affect size of mortgage you can get

Regularly spending large sums on weight loss drugs could reduce the amount people can borrow on a mortgage by thousands of pounds, some brokers are warning. When homebuyers apply for a mortgage, the lender carries out detailed affordability checks on their income and outgoings, which include regular payments such as subscriptions and memberships as well as amounts spent on things such as gambling. Monthly payments, for example, of £200 to £300...

2026-01-15T17:36:40Z

The government imposter scam draining retirement accounts: Why older adults lost $2.4 billion

A retired woman from Washington, DC believed she was assisting the FBI in catching a drug cartel. Over several months in 2023, she followed instructions from someone claiming to be a federal agent, eventually cashing out her entire 401(k). She lost more than $595,000 (£442,972) to what investigators later identified as a government imposter scam. H...

2026-01-14T11:01:04Z

Not just a number: Indonesia zeroes in on rare currency revamp

Visitors to Bali or any of the other 13,000 or so islands that make up the 5,000-kilometer-wide Indonesian archipelago have long had to grapple with wads of banknotes bearing as many or more zeroes as a hand has fingers. With a euro worth 19,634 Indonesian rupiah as of January 5, figuring out the price in a traveller's home currency of bottle of Bi...

2026-01-09T12:18:57Z

2026-01-15T07:58:04Z

The best one-year fixed savings accounts – earn up to 4.55%

One-year fixed savings accounts are offering inflation-beating rates of up to 4.55%. We've rounded up the best deals available on the market now

2025-07-03T09:28:21Z

Woman reveals how she saved £100,000 at the age of 26 on a £20,000 salary - thanks to 3 habits

Hannah Bevington, 26, from Warwickshire, who works in marketing as a social media manager, regularly shares advice on being financially savvy to her 30,000 followers on social media.

2026-01-13T11:20:18Z

Why most workers never built wealth, no matter how hard they worked

For decades, workers were told that wages were enough if they worked hard and stayed loyal. This story showed why that promise rarely delivered real security. When ownership was shared instead of hoarded, behavior inside the company changed completely. Productivity rose, loyalty strengthened, and wealth finally reached the people creating value. The lesson challenged how modern capitalism actually worked.

2026-01-08T17:11:17Z

Precious metals rally powers on

Precious metals are off to strong starts this year, building on dramatic rallies in 2025, with the prospect of a criminal indictment against Federal Reserve Chair Jerome Powell reviving worries about the monetary authority's independence. Silver broke above $90 an ounce for the first time and gold flirted with a record high. Bloomberg's Paul Dobson breaks down the situation.

2026-01-14T07:18:02Z

800 billion reasons to watch xAI: Inside the funding round that made Musk untouchable

Elon Musk has been holding the title of the richest man in the world since 2024, outpacing LVMH CEO Bernard Arnault. xAI and Grok's founder seems to accumulate more wealth every year- starting off at $30 billion (£22.38 billion) in 2020, and growing it to $780 billion (£581.85 billion) by 2026. That means Musk is $20 billion (£14.92 billion) shy of...

2026-01-19T09:45:55Z

Help! I'm retired and teacher's pension scheme is demanding money from me

After 34 years of teaching I'm disgusted and have spent hours trying to resolve the issue. As you can imagine it's also negatively impacted my emotional well being.

2026-01-19T07:22:23Z

List: Mortgage rates at three-year lows — why you may want to act now

Falling now, American mortgage rates are at their lowest point in over three years. This shift could be particularly significant for those considering buying a home or refinancing an existing loan. The average 30-year fixed mortgage rate dropped 10 basis points last week to 6.06%, according to Freddie Mac data cited by Yahoo Finance on 15 January 2...

2026-01-16T10:45:53Z

Cash making comeback as families take desperate steps after Rachel Reeves budget disaster

EXCLUSIVE: Cash is making a comeback as millions of Brits turn to notes to budget through the cost of living crisis, with 41% expecting to use more in 2026.

2026-01-19T12:18:51Z

Here’s how much your house has to be worth to be a ‘luxury home’

Here’s how much your house has to be worth to be considered a ‘luxury home’ - The luxury home price threshold is up more than $300,000 over the last decade, highlighting how at least this part of the housing market is withstanding economic pressures

2026-01-08T15:52:16Z

BBC expert says people can get HMRC-owed four years of back-payments

On the show Laura Pomfret said 'it feels like free money'

2026-01-17T07:02:27Z

Axis Bank CEO Chaudhry on banking consolidation, rupee performance

Axis Bank CEO Amitabh Chaudhry said he believed a wave of consolidation is coming to India's banking sector, and noted that India needed 8 to 10 large banks to support its economic development. Speaking to Bloomberg TV's Haslinda Amin, he also commented on the rupee's underperformance, saying there was capital rotation to China and other markets driven by a perception that India was lagging on AI development. But he also expressed optimism that upcoming fiscal and regulatory reforms would stabilize the currency.

2026-01-19T14:50:36Z

State pension warning as 740,000 'run out of money' and face £1,427 a year retirement shortfall

Millions of pensioners are set to hit a financial breaking point far sooner than they realise. New figures show the state pension falls short before the year is over, leaving retirees suddenly dependent on other income just to stay afloat. Pensioners who rely solely on the full state pension are facing a growing income gap, with the annual payment ...

2026-01-19T21:06:37Z

Why hard work is not how you get rich

Many people work hard their whole lives and never get rich. This video explains why. It shows how money actually moves through the economy and why wealth keeps flowing to the same people. Once you see the pattern, the outcomes stop feeling random

2026-01-19T10:13:27Z

PayPoint: A promising stock for income-seekers

PayPoint, a household name across Britain, is moving away from its traditional roots toward a digital future. Investors after a steady income should buy in

2026-01-18T11:43:12Z

‘We got lazy and complacent’: Swedish pensioners explain how abolishing the wealth tax changed their country

For much of the 20th century, Sweden enjoyed a justifiable reputation as one of Europe’s most egalitarian countries. Yet over the past two decades, it has transformed into what journalist and author Andreas Cervenka calls a “paradise for the super-rich”. Today, Sweden has one of the world’s highest ratios of dollar billionaires, and is home to nume...

2026-01-19T13:41:08Z

Rolls-Royce share: How £5,000 invested in the FTSE icon surged to nearly £10,000

Few FTSE 100 stocks have captured the investment imagination quite like Rolls-Royce. An investor who ploughed £5,000 into the aerospace and defence engineer on January 1, 2025, would now find their money has nearly doubled—their investment worth approximately £9,750 as the share price soared an extraordinary 95 per cent to 1150 pence per share. Yet...

2026-01-08T16:16:00Z

Luxury group Richemont beats sales forecasts as China improves

By John Revill ZURICH, Jan 15 (Reuters) - Cartier-owner Richemont on Thursday reported an 11% increase in constant currency sales during its third-quarter, beating expectations, as high-end jewellery demand continued to increase and China improved. The world's second-largest luxury company, whose brands also include Van Cleef & Arpels and Buccellati, said its sales from September to December

2026-01-15T06:33:07Z

Crypto wallet firm BitGo, backers seek $201 million in US IPO

BitGo Holdings and some of its backers are seeking to raise as much as $201 million in an initial public offering, becoming the first crypto company to proceed with listing plans in 2026. The Palo Alto, California-headquartered startup is offering 11.8 million shares for $15 to $17 each in its IPO, according to a filing with the US Securities and Exchange Commission on Monday. Bloomberg's Monique Mulima speaks on "Bloomberg Crypto".

2026-01-13T23:05:36Z

I was always terrified of money – at 52, this is how I fixed my fear

I've always avoided looking at my bank balance. Until recently, I'd shake with fear and have to sit down when opening a credit card bill

2026-01-16T06:51:46Z

£10,000 invested in AMD stock 6 months ago is now worth...

AMD stock's rocketed over the past six months with the company now emerging as a formidable competitor to the AI kingpin Nvidia. The post £10,000 invested in AMD stock 6 months ago is now worth… appeared first on The Motley Fool UK.

2026-01-13T06:58:41Z

Building a second income from UK stocks: how much is needed?

Our writer gets out his calculator and does the maths to figure out how much a British investor should add to an ISA to earn a meaningful second income. The post Building a second income from UK stocks: how much is needed? appeared first on The Motley Fool UK.

2026-01-17T07:58:40Z

Invest Engine launches £50,000 prize to promote investing

The prize draw is open until 2 March. The £50,000 prize will be paid directly into the winner's Investngine account by 30 March.

2026-01-17T07:22:22Z

Bank increases interest to 4.55% on savings account and earns 'excellent' rating

Savers can deposit as little as £1 into this savings account within 14 days of opening it, and it has received an excellent rating from savings experts.

2026-01-15T11:02:31Z

Nearly six million people have overpaid tax

More than 5.6 million people overpaid tax in the 2023/24 financial year, new figures from HMRC reveal.

2026-01-19T14:06:55Z

Alarming gap between retirees’ savings - and what’s needed: report

Alarming gap between what retirees believe they need for a comfortable life - and what they actually have saved, report reveals - ‘Typical retirees have significantly less in savings and investments than they feel they need to comfortably enjoy the final chapter of their lives,’ Clever Real estate said

2026-01-13T20:07:14Z

Three funds to buy for capital growth and global income

Three investment trusts with potential for capital growth, selected by Adam Norris, co-portfolio manager of the CT Global Managed Portfolio Trust

2026-01-19T10:58:10Z

Reeves’s 'tax timebomb' threatens to crush Britain’s high streets

Reeves’s ‘tax timebomb’ threatens to crush Britain’s high streets

2026-01-19T07:00:40Z

How to get the best travel money rates

We explain where to find the best travel money rates so you can get the most bang for your buck when you’re on holiday.

2025-08-28T16:28:10Z

How the ancient Romans managed their wealth (it wasn't just by hiding hoards)

How did Romans invest their wealth in ancient times?

2026-01-18T16:17:05Z

I'd never paid a bill until my divorce at 57!

I kick myself now for being stupid and naive. But my dad had looked after my mum and my ex-husband looked after me. It felt like a sort of safety net for me.

2025-06-07T21:08:32Z

Billionaire wealth jumps to highest peak ever in 2025

Billionaire wealth jumps to highest ever at $18.3 trillion as Oxfam warns of ‘dangerous inequality’ - The total number of billionaires in the world has now reached 3,000 for the first time ever, while nearly half of the world’s population lives in poverty, the report says

2026-01-19T00:17:10Z

The cost of living squeeze isn’t one thing. It’s all these things at once.

The cost of living keeps going up and up. No one factor is to blame, but it's a combination of things.

2026-01-19T11:06:15Z

Goldman Sachs leads Wall St. boom amid trading frenzy and deal-making

Wall Street giants were riding high following this week’s round of earnings updates after months market volatility and deal-making helped take trading revenue to record highs. Goldman Sachs led the surge pocketing $4.3bn in equities trading revenue in the last three months of the year – a record for Wall Street banks. Meanwhile, the banks [...]

2026-01-16T09:45:00Z

Best fixed rate cash ISAs – earn up to 4.17%

We look at the best fixed rate cash ISAs on the market right now for savers who are willing to lock their cash away for guaranteed tax-free gains

2025-03-03T10:42:34Z

Thousands on Universal Credit to get HMRC bonuses

Some people will receive up to £1,200

2026-01-17T08:58:31Z

How F1 teams actually make money

Formula 1 looks like a money pit from the outside. Teams spend hundreds of millions just to stay competitive. Yet many are now turning real profits. Sponsorships, prize money, and smart business structures changed everything. This explains where the money really comes from.

2026-01-13T10:08:49Z

How much car can you really afford?

A practical breakdown of income, expenses, and financing factors that determine what a car payment should realistically look like. How can buyers set limits that fit their budget?

2026-01-19T13:05:30Z

UK trade surplus in financial services surges to record $127 billion

UK trade surplus in financial services surges to record $127 billion - Surplus is biggest in the world, ahead of US, Singapore and Switzerland

2026-01-15T16:15:38Z

The dollar is losing credibility: why central banks are scrambling for gold

Fifteen minutes after takeoff, the call came for Serbia’s central bank governor: millions of dollars’ worth of gold bars, destined for a high-security Belgrade vault, had been left on the runway of a Swiss airport. In air freight – despite the extraordinary value of bullion – fresh flowers, food and other perishables still take priority. “We learned this the hard way,” Jorgovanka Tabaković told a conference late last year. Serbia’s is among a...

2026-01-16T16:06:43Z

Money expert answers 'anxious' Brits' most common financial questions

A money expert has answered Brits' financial questions as new poll found January causes most money stress, with many losing sleep

2026-01-19T14:43:31Z

Bitcoin hits $93,000 — why late buyers could be the ones left holding the bag

Bitcoin is back above $93,000. The figures look dazzling. Headlines scream momentum. Social media is buzzing with talk of $100,000 as if it is already certain. But beneath the surface, a darker mood is emerging. This is not a market driven by confidence; it is a market riddled with nerves. And history suggests that when fear and rising prices coinc...

2026-01-14T11:00:54Z

Russian central bank's $235 billion case against Euroclear is adjourned until spring

(Refiles to write 'billion' in headline instead of abbreviation 'bln') By Elena Fabrichnaya MOSCOW, Jan 16 (Reuters) - A hearing of the Russian central bank's $235 billion lawsuit against Belgium's Euroclear, held behind closed doors at a Moscow court on Friday, has been adjourned and will resume in spring, a source who was present at the hearing told Reuters. The central bank filed the 18.2

2026-01-16T14:53:05Z

Investors should brace for Trump’s great inflation

Donald Trump's actions against Federal Reserve chair Jerome Powell will likely stoke rising prices. Investors should prepare for the worst, says Matthew Lynn

2026-01-17T10:13:10Z