Business

July 10, 2026

Oran A Hall | Where you live determines level of price changes you experience

When the Statistical Institute of Jamaica (STATIN) announces changes in the level of prices in Jamaica, it is not saying that all residents experienced the same degree of price changes over the period…
July 10, 2026

IMF expects world economy to grow 3% this year

The International Monetary Fund (IMF) on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is…
July 10, 2026

Polymarket in high-stakes race to win back trust as it recommits to US market

After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public. To do so, the company is trying to…
July 10, 2026

AI note-takers promise easy meeting recaps, but becomes data someone else holds

Launching an artificial intelligence (AI) tool to take notes and summarise important information from a virtual meeting can be alluring. Seconds after one of the agents attends an hour-long video…
AP
A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, California, in April  2025.
July 10, 2026

Meta plans billions for its largest AI data centre outside US

Facebook and Instagram parent Meta said on Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence (AI) data centre in Canada and its largest outside the United…
July 10, 2026

Oil prices, stocks hold steadier as calm returns to financial markets worldwide

Wall Street and oil prices were holding steadier on Thursday in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.
July 10, 2026

US home prices hit all-time high as sales slow and mortgage rates rise

Sales of previously occupied US homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective home buyers.
July 10, 2026

AI wealth wave threatens to push Bay Area home prices further out of reach

The impending public listings of OpenAI and Anthropic could unleash a wave of employee wealth large enough to buy nearly a third of all homes in San Francisco, according to Redfin, a US real estate…
President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte at the NATO summit in Ankara, Turkey, on Wednesday, July 8. AP
July 10, 2026

Oil prices rise 8.0 per cent, and Dow drops 800 points after Trump says ceasefire with Iran is ‘over’

Oil prices are rising, and stock markets are dropping worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 fell 1.0 per cent…