Poorer households could cut their energy bills by a quarter if solar panels were installed on their rooftops, a report has found. However, the upfront costs mean that those who stand to benefit most from decreased energy bills are prevented from getting panels installed, according to the Resolution Foundation thinktank. Economists behind the research have…

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The affected staff…

Super Bowl ad of Poppi. Source: Poppi Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks with…

Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.” Yet, the popular television host said it is the campaigning and being a politician that turns him off. “I’m not one of those dudes that’s…

Chevron will lay off 15-20% of its global workforce by the end of 2026, the US oil company said on Wednesday as it seeks to cut costs, simplify its business and complete a major acquisition. The No 2 US oil producer has faced production challenges including cost overruns and delays in a large Kazakhstan oilfield…

U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.  Brandon Bell | Getty Images The Federal Communications Commission has alerted Comcast…

Will the high court allow Thames Water to load another £3bn of debt on to its already unsustainable pile of £19bn? Will the company appeal to the Competition and Markets Authority to try to bag bigger bill rises than the pre-inflation 35% permitted by the regulator? Does special administration, AKA temporary nationalisation, loom at the…

David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s Caremark unit, which are widely accused of inflating prescription medication…

As tens of millions of Americans prepared to watch the Super Bowl this weekend, Donald Trump sat for the customary pre-game presidential interview. Trump was elected after pledging to bring down prices fast as much of the country grappled with the cost of living after years of heightened inflation. So when the Fox News anchor…

Sir Jim Ratcliffe faces growing concerns over the financial health of his chemicals empire as its debt pile is forecast to reach almost €12bn (£10bn) this year and his sporting interests including Manchester United and New Zealand rugby hit crisis point. Two leading credit ratings agencies raised red flags over the Ineos Group weeks before…