Business

July 3, 2026

Jamaica’s ABM network stabilises, but storm-hit parishes lag behind

Jamaica’s network of automated banking machines (ABMs) remains largely stable at 2.0 per cent below pre-Hurricane Melissa levels, but some parishes in the storm’s path are yet to recover. The total…
July 3, 2026

Beyond rhetoric: Lessons from the CHASE Fund, ODPEM, and the Dominican Republic

When Hurricanes Beryl (2024) and Melissa (2025) tore through the Caribbean, they left behind a trail of destruction — but also a few quiet victories. In Jamaica, one of those victories was found in…
Business
July 3, 2026

JSE Summary

In Thursday’s trading session the following reflects the movement of the JSE Indices: - The JSE Combined Index declined by 467.09 points ( 0.13 %) to close at 359,668.96 points and the volume…
July 3, 2026

Egg producers will pay $3.3M and donate 53 million eggs to settle price-fixing claims

The US Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices,…
July 3, 2026

US employers still reluctant to add many jobs as hiring slows in June

US employers slowed hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign that companies still have a cautious economic outlook. The Labor Department said…
July 3, 2026

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

The average long-term US mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to…
Business
July 3, 2026

A grim job outlook meets a scrappy workforce as administrative assistants harness AI

With their numbers already in decline, secretaries and administrative assistants face another growing threat: artificial intelligence (AI) tools like ChatGPT and Claude that can accomplish aspects of…
July 3, 2026

Most US stocks climb towards the finish of a strong week, but drops for tech keep indexes mixed

Most US stocks were rising on Thursday after the latest update on the job market suggested the Federal Reserve may feel less pressure to hike interest rates. But more swings for chip stocks and other…
July 3, 2026

Trump filing shows he took in about US$1.2 billion from crypto businesses last year

US President Donald Trump took in nearly US$1.2 billion from his crypto businesses last year, a federal filing released on Tuesday shows, locking in profits while his investors were socked with…