Treasury Secretary Scott Bessent forecasts “gigantic” refund checks for Americans in the 2026 tax filing season, driven by retroactive tax cuts in President Donald Trump’s Trump’s One Big Beautiful Bill Act (OBBBA),…
Category: Business
Elon Musk takes dig at Waymo after San Francisco blackout
Tesla CEO Elon Musk took a swipe at Waymo after its self-driving cars stopped moving at intersections in San Francisco, causing traffic jams during a widespread blackout over the weekend. Waymo temporarily…
Trump economist predicts ‘biggest refund cycle ever,’ massive checks ahead
A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express concerns about…
Japan’s green tea exports reach highest level in over 70 years
Due to the growing international market for matcha powder and the weakening Japanese yen, Japan’s green tea exports in the first ten months of this year hit their greatest level in more…
Asian stocks fluctuated as Wall Street approached its record high.
After U.S. equities surged to almost all-time highs on Thursday, Asian shares were mixed. The Dow Jones Industrial Average and S&P 500 futures were little higher. While traders speculate over whether the…
South Africa: FlySafair fraud warning
FlySafair is urging South Africans to stay alert ahead of Black Friday, warning that scammers are taking full advantage of the rush for holiday travel deals. The airline warned that criminals are…
Takealot set for first profit 15 years after launching
The Takealot Group is on track to achieve its first-ever full-year profit in the 2026 financial year, marking a milestone 15 years after its launch. Takealot, South Africa’s largest e-commerce company, began…
Asian stocks rise as anticipation of a Fed rate drop boosts Wall Street.
After U.S. equities surged on Tuesday due to expectations that the Federal Reserve will shortly lower interest rates, most Asian markets saw gains. After reopening from a holiday, Tokyo’s Nikkei 225…
Meta Prevails in Historic FTC Antitrust Case, Will Keep WhatsApp and Instagram
SAN FRANCISCO — Meta Platforms Inc. has won a landmark legal battle against the Federal Trade Commission’s (FTC) antitrust lawsuit, which challenged its acquisitions of Instagram and WhatsApp. In a ruling issued…
Elon Musk breaks new record after Tesla approves $1 trillion payout
Elon Musk has become the first corporate leader in history to receive a compensation package valued at $1 trillion. Tesla Inc. confirmed on Thursday that its shareholders overwhelmingly approved the record-breaking payout during…