Oil Prices Surge as Iran War Escalates
The war between the United States, Israel, and Iran is already starting to affect the global economy. One of the first places people will feel it is at the gas pump. Oil prices jumped above $90 per barrel this week, rising more than 30% in just a few days. The spike comes as attacks across […]
Seprod Sells Butterkist Maker
Jamaican manufacturing giant Seprod Limited has sold International Biscuits Limited, the company behind popular snacks like Butterkist and Snackables. The move is part of Seprod’s strategy to simplify its business and strengthen its finances after several years of expansion across the Caribbean. For everyday Jamaicans, the change should not affect what you see in stores. […]
Ford’s OSAP Changes Spark Student Protests
Hundreds of students across Ontario are protesting after the provincial government announced major changes to the Ontario Student Assistance Program (OSAP) — a move that could leave many graduates carrying significantly more debt. Starting next school year, the financial aid system will shift from mostly grants (money students don’t repay) to mostly loans (money they […]
US–Israel Strike Iran: Is This the Start of a Bigger War?
The United States and Israel have launched coordinated military strikes on Iran. Iran has already retaliated across the region. The Middle East is on edge. Global markets are watching closely. This is not officially “World War III.” But it is one of the most serious escalations in years — and when major powers start exchanging […]
Netflix Walks Away. Paramount Steps In.
The streaming wars just took a dramatic turn and Wall Street moved fast. Netflix has officially backed away from its deal to buy the streaming and studio assets of Warner Bros. Discovery after Paramount Skydance raised its offer to $31 per share. Investors loved it. Netflix stock jumped more than 9% after the company made […]
Bank Of Jamaica Cuts Policy Rate to 5.50% as Inflation Shows Signs Of Ease
The Bank of Jamaica has reduced its policy rate from 5.75% to 5.50%, a sign that inflation is easing faster than expected. In January 2026, inflation came in at 3.9%—lower than both projections and December’s 4.5%. Food prices declined as agricultural supplies recovered after Hurricane Melissa, and a slightly stronger Jamaican dollar helped keep import […]
Florida Moves to Eliminate Most Property Taxes
Florida’s House has advanced HJR 203 — a proposal that could eventually eliminate most property taxes on primary homes. It still needs Senate approval and voter support in 2026. But if it becomes law, it would mark one of the biggest tax shifts in modern state history. Here’s what that means in plain language. If […]
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 […]