Fed Ends Tightening Cycle, But Bitcoin Still Waits for Its Breakout
The U.S. Federal Reserve has officially ended its years-long effort to drain money out of the financial system, freezing its balance sheet at about US$6.57 trillion. After removing more than US$2.3 trillion in liquidity since 2022, the Fed has now stopped quantitative tightening (QT) — a major shift that normally sets the stage for stronger […]
AI Pushes Black Friday Online Spending to a Record $11.8 Billion
U.S. shoppers spent a record US$11.8 billion online this Black Friday, and the surprising driver wasn’t doorbusters or long lines — it was AI. New shopping tools from major retailers pushed online traffic up more than 800% compared to last year, helping people find deals faster and avoid the stress of in-store crowds. Consumers went […]
Ford Pushes for Tax Cuts as Trade War Pressures Mount
Ontario Premier Doug Ford says Canadians are “taxed to death,” and he plans to tell Prime Minister Mark Carney exactly that when they meet next week in Ottawa. With Canada caught in the middle of a deepening trade war triggered by U.S. President Donald Trump’s 35% tariffs on Canadian goods, Ford is pushing for tax […]
Eight Hyatt hotels in Jamaica suspend operations until 2026
Hyatt Hotels has confirmed that eight of its partner resorts in Jamaica will remain closed until January 31, 2026, after suffering extensive damage from Hurricane Melissa. The temporary shutdown affects some of the country’s most popular Montego Bay properties, including Hyatt Ziva, Hyatt Zilara, Dreams Rose Hall, Secrets St. James, Secrets Wild Orchid, Breathless Montego […]
BOJ Warns Jamaicans: Higher Prices Are Coming and Won’t Ease Until 2027
The Bank of Jamaica is warning Jamaicans to prepare for a long period of rising prices, with inflation unlikely to return to the central bank’s 4–6 per cent target until 2027. After two years of unusually calm inflation, Hurricane Melissa has sharply reversed the trend. The storm’s damage to farms, utilities, roads and businesses has […]
Nvidia’s Announces 62% revenue jump: The AI Boom Isn’t Slowing Down
Nvidia has once again shaken global markets after reporting earnings that smashed Wall Street forecasts and signaled even bigger gains ahead. The company pulled in $57 billion in revenue for the quarter — beating expectations — and is now projecting a massive $65 billion next quarter as demand for its AI chips continues to surge. […]
Bitcoin Breaks below $90,000 for the first time in 7 months
Bitcoin slipped under $90,000 on Monday, its weakest level since April, as a wave of selling pressure continues to sweep through global crypto markets. The world’s largest digital asset briefly touched $89,426, extending a month-long decline that has now erased every gain the cryptocurrency made in 2025. The drop underscores a broader shift in investor […]
Jamaica Broilers $7.2 billion loss leaves Investors worried
The latest financial report from Jamaica Broilers lands like a shockwave across the economy. A $7.2-billion loss, a restatement that erased $22 billion in past profits, negative equity of $10 billion, and a breach of major loan covenants — all triggered by accounting irregularities inside the company’s US operations. For a brand as deeply rooted […]
Hurricane Melissa Leaves Jamaica’s Hardest-Hit Families Struggling to Recover
Two weeks after Hurricane Melissa, the national picture looks steady on the surface. Banks are open. ATMs are stocked. Major telecom networks are mostly restored. Distributors say warehouse supplies of staples like flour, rice, and tinned goods remain strong. Markets have reopened, and the financial system is functioning again. But if you only look at […]
US Shutdown Ends After 43 Days With Major Money Impacts Ahead
The longest government shutdown in U.S. history has finally come to an end. After 43 days of stalled services and political deadlock, the House passed a late-night funding bill to reopen the federal government and restore the operations of key agencies, including the Department of Veterans Affairs. President Trump signed the legislation immediately, bringing to […]