US Stocks Mostly Rise, Bitcoin Hits New Record
Wall Street shares mostly rose Monday ahead of an expected US interest-rate cut later this week while concerns over political…
Category: Business / Finance
Gov’t Has Generated 200,000 Job Opportunities Through Affordable Housing Project: Ruto
The Head of State added that the scale of ongoing and future projects under the Affordable Housing Programme, promises millions of additional jobs for Kenyans which is a means of fostering inclusivity and fairness while giving lower-income families and workers access to affordable housing
US Firms Up $6.2 Billion Micron Funding to Boost Chipmaking
The Micron investment helps bring development and production of advanced memory semiconductor technology to US shores, said Commerce Secretary Gina Raimondo.
Bitcoin Hits $100,000 For First Time
The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the “bitcoin and cryptocurrency capital of the world”.
China Lifts Final Bans on Australian Red Meat as Trade Row Nears End
Red meat and lobster were the last two commodities subject to some form of barrier or export ban.
Trump Says Will ‘Block’ Nippon Steel From Taking Over US Steel
US President-elect Donald Trump on Monday said he would “block” a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts.
Kenyans To Face Additional Salary Deductions From February 2025
The new deductions will see employees and employers each contributing up to Ksh4,320 monthly, a significant increase from the current Ksh2,160.
Kenya-US MoU Signed For Labour Standards Enhancement
The MoU focuses on addressing issues such as forced labour, workplace grievance handling, and improving worker organizations’ engagement with employers and the government
JPMorgan Chase Expands to Kenya, Here’s What You Need to Know
This new office will open the door to fresh business opportunities in Kenya and across East Africa
Trio Wins Economics Nobel for Work on Wealth Inequality
The Nobel prize in economics was awarded on Monday to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations.
