Business
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…
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…
July 3, 2026
Trump administration lifts restrictions on Anthropic’s Claude models after cybersecurity alarm
The Trump administration has lifted restrictions on artificial intelligence (AI) company Anthropic’s latest versions of its Claude chatbot, ending a weeks-long ban tied to cybersecurity concerns.
July 3, 2026
Heat adds to strains on areas with data centres, raising the temperature on AI debates
Eileen Castle’s swimming pool, one of the only ones for blocks around, was once a refuge for neighbourhood children on hot summer days.
But even as temperatures soared this week, Castle, 82, said she…
July 2, 2026
New Fed Chair vows independence amid call for lower rates
New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has…
July 2, 2026
Understanding the different interest-rate types and why it matters
We hear them so often: nominal interest rates, real interest rate, add-on interest rates, effective interest rates, compound interest rates – each having its own meaning and implications for…
July 2, 2026
by Steven Jackson
J$8.9b in crypto flows through Jamaican banks over five years
Banks reported J$8.9 billion in cryptocurrency-related transactions flowing through the island over five years to 2025, even though no virtual asset service providers operate domestically.