Latest News

Updated 23 hours ago

CALL FOR IC SHIFT - Samuda proposes FID takes over review of MPs’ financial filings

Government Minister Matthew Samuda has floated a recommendation for the Financial Investigations Division (FID) to be given the mandate to review or examine the statutory declarations of members of…
Updated 18 hours ago

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…
Updated 18 hours ago

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.
Updated 18 hours ago

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.
Updated 18 hours ago

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…
Updated 18 hours ago

Prepare workforce for jobs that do not yet exist, says PSOJ president

The Private Sector Organisation of Jamaica (PSOJ) wants greater focus on training the workforce in artificial intelligence (AI) and other technical fields to future-proof the country’s labour force…
Updated 18 hours ago

Cedric E. Stephens | Promoting resilience in an age of climate risk – if the regulator can keep up

Today’s comments should be read and interpreted in the context of Christopher Burgess, PhD, civil engineer, land developer, climate change scientist, and managing director of CEAC Solutions, who…
Updated 18 hours ago by Carolyn Guniss

Slow claims in spotlight as FSC reviews ‘average clause’ after Hurricane Melissa

Many policyholders still await settlement of their insurance claims more than eight months after Hurricane Melissa battered the island, prompting the Financial Services Commission (FSC) to…
Updated 18 hours ago by Luke Douglas

JP Farms: Banana, pineapple production return but more time needed for plantain

JP Farms has nearly recovered from two years of hurricane damage, with pineapples back to full production and bananas at roughly 90 per cent of pre-storm output. The St Mary-based company, which runs…