Money app Plum has increased the interest rate on two ISAs, offering new customers up to 4.95%.
The increases, which have been applied to the provider’s Cash ISA and Lifetime ISA, were made to remain “competitive” in the changing savings market following the latest Bank of England base rate reduction.
» Read more about: Plum boosts interest rates on two ISAs offering customers up to 4.95% »
Millions of Social Security recipients are waking up to their May benefit checks today, Wednesday, May 21. The payment, scheduled for the third Wednesday of the month, goes out to retirees and disability beneficiaries whose birthdays fall between the 11th and 20th of any month.
» Read more about: Social Security Payment Hits Today: Who’s Getting Paid? »
» Read more about: Dow Jones Industrial Average tumbles on Wednesday, shedding 800 points »
The Securities and Exchange Board of India (SEBI) on Wednesday cautioned investors against stock market scams involving the use of social media platforms.
The regulator has urged investors to deal with entities that are registered with SEBI and through authentic trading apps.
SEBI said that some entities are using social media platforms to entice and deceive gullible investors in the securities market.
» Read more about: SEBI caution investors against stock market scams via social media platforms »
The Senate‘s decision to push forward landmark legislation on the regulation of “stablecoins”—cryptocurrencies whose value is pegged to another asset—could hold significant implications for the investors’ portfolios and the wider crypto market, experts have told Newsweek.
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act passed the cloture vote by a margin 66 to 32 on Monday,
» Read more about: What GENIUS Act Means for Crypto Investments »
Personal Finance
Reaching 50 with $3 million saved is a significant achievement.
» Read more about: Having $3M in Investments—Why Doesn’t It Feel Sufficient? »
Four investment projects that received Expressions of Interest (EoIs) during the Invest Kerala Global Summit (IKGS) held in Kochi this February, with a total outlay of ₹1,211 crore, have already commenced operations in April. These projects are expected to generate around 3,050 jobs. In addition, eight more projects worth ₹2,675 crore are set to have their foundation stones laid this month,
» Read more about: Invest Kerala 2025: Four projects worth ₹1,211 crore already operational »
Stocks, bonds and the dollar fell on Wednesday as concerns mount about the premier status of American assets.
The Dow was down 717 points, or 1.6%. The broader S&P 500 slid 1.13% and the tech-heavy Nasdaq Composite fell 0.85%.
NEW YORK — (AP) — Most U.S. stocks are falling on Wednesday after some of the country’s biggest retailers gave mixed forecasts for where they see their profits heading under the uncertainty caused by President Donald Trump’s trade war.
The S&P 500 was down 0.2% in afternoon trading and on track for a second straight drop after breaking a six-day winning streak.
Stocks are slumping amid signs of slowing consumer spending and investor concerns about the U.S. fiscal outlook.
Target, one of the nation’s largest retailers, on Wednesday reported weaker sales for the first quarter and warned of a potential downdraft over the rest of the year as Americans react to U.S.
» Read more about: Stock market sinks after Target reports sales drop »