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 […]
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 […]
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 […]
Khaby Lame Didn’t Become a Billionaire Overnight
Social media exploded this week with claims that TikTok star Khaby Lame had become a billionaire after signing a nearly $1 billion deal with a Hong Kong–based company. The headline number sounded eye-watering. The reality is far more instructive — especially for anyone trying to build wealth in the real world. The deal in question […]
Co-Owners Keisha Bailey and Jermaine Bailey Host Private Wealth Workshop on the 2026 Financial Outlook
As 2026 approaches, many Jamaicans with growing incomes, businesses, and investments are facing a new reality: money decisions are no longer local, simple, or isolated. Whether it’s overseas investments, foreign real estate, U.S. or Canadian income, or regional business structures, wealth today moves across borders — and so do the risks. That’s the backdrop for […]
Bank of Canada Holds Interest Rate at 2.25% as U.S. Trade Risks Threaten Canada’s Economy
The Bank of Canada has decided to hold its key interest rate at 2.25%, keeping borrowing costs unchanged for Canadians, at least for now. On the surface, the message sounds calm. The Bank says the economic outlook hasn’t shifted much since the fall. But beneath that calm is a clear warning: risks are rising, and […]