News
Eid shoppers hit by soaring sheep prices in Ivory Coast
1+ hour, 47+ min ago (567+ words) The Professional Provident Society (PPS) has delivered a record-breaking R6. 88-billion in profit share to its members. ABIDJAN - Buyers trudged through a muddy market in Abidjan, looking for the best-priced sheep to be sacrificed for Eid al-Adha, with traders driving hard…...
Oil prices drive inflation to 4% in April
2+ day, 20+ hour ago (175+ words) The Professional Provident Society (PPS) has delivered a record-breaking R6. 88-billion in profit share to its members. JOHANNESBURG - Inflation has risen to 4%. The rate at which prices are rising was driven higher by the war-related jumps in fuel prices. That is…...
Stocks tumble as US-Iran impasse fuels inflation fears
1+ week, 21+ hour ago (621+ words) LONDON - Global stocks slumped, and oil prices rose on Friday as talks between the United States and China failed to deliver progress on reopening the Strait of Hormuz, rekindling worries of persistent inflation pressures that could derail economic growth." Oil…...
Asia markets mixed as Trump-Xi summit, AI trade dominate
1+ week, 2+ day ago (420+ words) BEIJING - Asian markets were mixed on Thursday as investors weighed a high-stakes US-China summit and persistent inflation concerns, which tempered optimism fuelled by record highs on Wall Street. The cautious mood came after another tech-led rally on Wall Street, where…...
Oil slumps after hitting peak, stocks rise
3+ week, 1+ day ago (584+ words) Oil prices struck a four-year high on Thursday on worries about a resumption of hostilities in the Middle East, before slumping later in the session. Meanwhile, US and European stock markets mostly rose on positive earnings reports from some tech…...
New York restaurant's $40 half chicken fuels cost of dining debate
3+ week, 4+ day ago (564+ words) AVBOB celebrates a milestone by rewarding its members on a large scale NEW YORK - Hugo Hivernat's restaurant was only open for a few days before he got dragged into New York's cost-of-living row for pricing a half rotisserie chicken at…...
Households tighten belts as economy bites
3+ week, 6+ day ago (294+ words) AVBOB celebrates a milestone by rewarding its members on a large scale JOHANNESBURG -The high cost-of-living and slow economic growth are forcing South Africans to make tough financial decisions. Some are dipping into their savings, while others cut non-essential spending....
Justice Dept ends criminal probe into US Fed chair Powell
4+ week, 19+ hour ago (556+ words) AVBOB celebrates a milestone by rewarding its members on a large scale WASHINGTON - The US Justice Department said Friday it is dropping a criminal probe on Federal Reserve Chair Jerome Powell, paving the way for his replacement's Senate confirmation, amid…...
US bank profits jump as execs see consumers surviving oil spike, for now
1+ mon, 1+ week ago (397+ words) NEW YORK - Large banks reported higher profits on Tuesday, pointing to resilience among US businesses and customers despite spiking oil prices from the Middle East war. JPMorgan Chase notched gains across leading consumer and investment bank categories. CEO Jamie Dimon…...
Cost of living crisis | Rising costs, cancelled traditions
1+ mon, 2+ week ago (188+ words) e NCA Personal Loans: Another way AVBOB supports its members Five years of "Nominate to Educate" | 2026 AVBOB Road To Literacy nominations are open Unwrap the gift of sharing with AVBOB Member Rewards Cost of living crisis | Rising costs, cancelled traditions…...