Jamaicans should prepare for new taxes in the upcoming national budget
Finance Minister Fayval Williams has confirmed that new tax measures are coming as the Government works to close a major fiscal gap created by Hurricane Melissa. The storm caused an estimated US$8.8 billion in damage about 41% of Jamaica’s entire economy. That level of destruction means two things happened at once:Government spending surged for rebuilding […]
Shock Vote in the House: Lawmakers Move to Reverse Trump’s Canada Tariffs
The US House of Representatives has voted to overturn President Donald Trump’s tariffs on Canada. The vote passed 219 to 211, with six Republicans joining Democrats. But before anyone expects immediate price relief, here’s the reality: the vote is largely symbolic. The measure still has to pass the Senate, and even then it would need […]
Trump Says Cap Credit Card Rates at 10%
Trump says credit card companies have been “abusing” Americans. With average interest rates hovering around 22% — near record highs — he’s calling for a hard cap of 10%. If that ever became law, it would cut borrowing costs by more than half for millions of people carrying balances. Five years ago, the average credit […]