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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...

Jamie Dimon Shifts Stance on Tariffs: “Get Over It” If They Serve National Security

In a striking shift from his previous stance, Jamie Dimon, the CEO of JPMorgan Chase, has publicly endorsed the...

American Airlines Shares Plunge Over 7% Following Disappointing Q1 Forecast

Shares of American Airlines (NASDAQ: AAL) plummeted on Thursday, January 23, 2025, following the airline's disappointing forecast for the...

Amazon Shuts Down Quebec Warehouses, Laying Off 1,700 Workers Amid Strategic Shift

Amazon has announced the closure of all seven of its warehouses in Quebec, resulting in the layoff of approximately...

IRS Delays Tax Refunds for Millions as Filing Season Approaches

As the 2025 tax season approaches, millions of American taxpayers are bracing for delays in receiving their tax refunds,...

Elon Musk Questions Viability of Trump’s $500 Billion AI Initiative Amid Funding Doubts

Elon Musk has publicly expressed skepticism about the ambitious $500 billion artificial intelligence initiative, known as Stargate, announced by former...

IRS Begins Distribution of $1,800 Stimulus Checks to Support Americans Amid Economic Challenges

On January 22, 2025, the IRS began distributing $1,800 stimulus checks aimed at providing financial relief to millions of Americans grappling...

ChatGPT Faces Global Outage, Millions of Users Left Unable to Access AI Service

openAI's popular AI chatbot, ChatGPT, is experiencing a significant global outage, leaving millions of users unable to access the...

Stripe Announces Layoffs: 300 Employees Affected

In a surprising move, payments processing giant Stripe has laid off 300 employees, representing roughly 3.5% of its workforce....

Myer Announces Landmark Merger with Premier Investments Under CEO Olivia Wirth’s Leadership

In a bold move that promises to redefine the Australian retail landscape, Myer, under the leadership of CEO Olivia...

Iconic Australian Brand Rivers to Close All Stores by Mid-2025

In a significant blow to Australia’s retail landscape, the iconic clothing and footwear brand Rivers will close all 136...

Woolworths Loses Top Spot as Australia’s Most Valuable Brand

woolworths has been dethroned as Australia's most valuable brand, marking the end of its nearly two-decade-long reign. The retail...

ITAC Responds to ArcelorMittal’s Pressure by Launching Investigation into Steel Imports

The International Trade Administration Commission (ITAC) of South Africa has initiated an investigation into the surge of steel imports...
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