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Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz, a key global shipping corridor. The Nasdaq...
Money

How Fox’s Roku Acquisition Could Reshape the Future of Streaming Technology

DEAL AT A GLANCE   Deal Metric Details Deal Value $22 billion enterprise value Price Per Share $160.00 (cash + FOX Class A stock) Cash Component $96.00...
Money

SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion...
Money

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

Constellation Energy Nears $30 Billion Deal to Acquire Calpine Corporation

In a strategic move that could reshape the power generation landscape, Constellation Energy is in advanced negotiations to acquire...

Apple Pay Down? Users Report Intermittent Issues, But Apple Declares All Systems Operational

On January 8, 2025, sporadic reports surfaced about Apple Pay experiencing service interruptions, leaving some users unable to complete...

Federal Reserve Minutes Signal Measured Approach to Interest Rates in 2025

The Federal Reserve has released the minutes from its December 17-18, 2024, Federal Open Market Committee (FOMC) meeting, offering...

Social Security COLA Increase for 2025: What Beneficiaries Need to Know

The Social Security Administration (SSA) has announced a 2.5% Cost-of-Living Adjustment (COLA) for 2025, ensuring that over 72.5 million...

Anton Rupert Poised to Take Over the R209 Billion Rupert Family Empire

The Rupert family, one of South Africa’s most influential and wealthiest families, is preparing for a significant leadership transition....

South Africa Faces Potential Petrol Price Hike in February 2025

South Africa is bracing for a potential rise in petrol and diesel prices in February 2025, signaling the possibility...

Joann Crafts Retailer Closes Several U.S. Locations Amid Restructuring Efforts

In a strategic move to streamline its operations, Joann, the prominent U.S. craft and fabric retailer, has closed several...

Bank of Montreal (BMO) Stock Surges Amid Analyst Upgrades and Positive Outlook

Bank of Montreal (BMO) saw a notable surge in its stock price today, continuing a positive trend that has...

Enbridge Stock Soars Today, Marking a Significant Surge Amid Positive Market Sentiment

Enbridge Inc. (ENB) experienced a significant surge in its stock price today, climbing by 2.45% to close at $44.85...

In-Depth Analysis: Why Analysts Consider RELX PLC a “Moderate Buy”

RELX PLC, a leading global provider of information-based analytics and decision tools, has garnered a consensus rating of "Moderate...

Former CIBC CEO John Hunkin Passes Away at 79

John Hunkin, the former President and CEO of the Canadian Imperial Bank of Commerce (CIBC), has passed away at...

Scotiabank to Take $980 Million Charge on Colombia Unit Deal

Scotiabank is set to take a significant after-tax charge of approximately $980 million (C$1.4 billion) as part of its...
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