Tuesday, June 2, 2026

Money

FlySafair’s R12 Birthday Sale: What It Reveals About South Africa’s Aviation Cost Crisis in 2026

South Africa's most popular low-cost airline is back with its annual birthday giveaway — but the small print on this year's sale tells a much bigger story about the...

Bureaucracy Is Africa Logistics’ Most Expensive Cargo — And Jamie Dimon Just Issued the Inspection Report

In late April 2026, Jamie Dimon — the man who steered JPMorgan Chase from a $130 billion institution...

Coinbase Cuts 700 Jobs as AI Reshapes the Tech Workforce — What Africa’s Logistics Sector Should Watch

The global technology sector is undergoing a reckoning, and the latest signal came loud and clear on Tuesday,...

SASSA Confirms May 2026 Grant Payment Dates

Updated:1/2/2026 IMPORTANT MESSAGE Payments for some beneficiaries who have been targeted for review will be on 08 May 2026. Johannesburg| 22...

Costco Tweaks Its Iconic $1.50 Hot Dog Combo — Without Touching the Price

For decades, few food deals have achieved near-mythical status like the $1.50 hot dog and soda combo at...

The Fall of Ally Fashion: What It Says About Australia’s Retail Landscape in 2025

Ally Fashion, once a staple of affordable women's clothing in Australia, has officially collapsed, marking yet another casualty in...

SPAR Announces Store Closures Amidst Financial Challenges

Global retail giant SPAR has announced the closure of several stores in different regions as the company grapples with...

ArcelorMittal South Africa to Halt Long Steel Production by April 2025, Impacting Thousands

In a significant blow to South Africa’s steel industry, ArcelorMittal South Africa (AMSA) has confirmed it will cease long...

Fed’s Favorite Core Inflation Measure Hits 2.6% in January, Aligning with Expectations

The U.S. Federal Reserve's preferred inflation measure, the core Personal Consumption Expenditures (PCE) price index, rose by 2.6% year-over-year...

Stock Futures Rise as Investors Brace for Key Inflation Report

U.S. stock futures showed a mixed performance today as investors eagerly await a critical inflation report from the Commerce...

Social Security Fairness Act Brings Swift Relief: Retroactive Payments and Increased Benefits on the...

In a significant development for millions of retirees, the Social Security Administration (SSA) has announced the expedited rollout of...

TeraWulf Reports Strong 2024 Financial Results, Expands into AI-Driven HPC Hosting

TeraWulf Inc. has announced its fourth quarter and full-year 2024 financial results, showcasing significant growth and strategic expansion into...

Wells Fargo Lowers Price Target for Booz Allen Hamilton (NYSE:BAH)

Wells Fargo & Company has revised its price target for Booz Allen Hamilton (NYSE: BAH), the leading global management...

Red Robin to Close 70 Underperforming Restaurants Over Next Five Years as Part of...

In a move to boost profitability and streamline operations, Red Robin, the beloved casual dining chain, has announced plans...

Dell Stock Declines Despite Beating Earnings Estimates: A Mixed Outlook Causes Concern

Dell Technologies, a global leader in computer technology, reported its fourth fiscal quarter earnings for 2025, surpassing analysts' expectations....

The Corporate Strategy Behind PepsiCo’s Closures: Cost-Cutting or Market Shift?

PepsiCo, one of the world’s largest food and beverage companies, has once again made headlines with its decision to...

Nifty 50 Plummets: What’s Next for Investors Amid Global Uncertainty?

The Nifty 50, India's benchmark stock index, witnessed a significant decline, sending shockwaves through financial markets. The steep drop...

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