Prime Minister Andrew Holness has assured Jamaicans that the country is not in a recession, despite data and reports suggesting otherwise. Holness emphasizes the strength and resilience of Jamaica's economy, attributing the apparent challenges to external factors such as natural disasters and
Persistent inflation continues to shape the economic landscape, significantly impacting consumers and businesses as the year 2025 approaches. With recent trends indicating a rising inflation rate, many are grappling with higher prices for essential commodities. Lindsey Piegza, chief economist at
The stock market's seemingly robust performance, with market indices like the S&P 500 hovering near record highs, has created a sense of optimism among many investors. However, beneath this veneer of success lie several significant risks that could disrupt this positive trend. Investors and
In March 2018, former President Donald Trump introduced tariffs on steel and aluminum imports in a decisive bid to revive American manufacturing and reduce reliance on foreign producers. These tariffs had significant repercussions on various fronts, impacting the broader economy and geopolitical
The world of mobile payment apps has recently witnessed a paradox as the number of new downloads has declined while user engagement continues to rise. In late 2024, popular platforms such as Venmo, Cash App, Affirm, and Afterpay experienced a notable decrease in new downloads compared to the same
The recent abrupt shift in the Trump administration's policies concerning the federal payments system has ignited a wave of criticism from Democratic leaders, highlighting the considerable unease among them. These policy changes, which are poised to significantly impact the federal payments system
