Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
📰Story of the Week!
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Hey Reader, Here's your weekly roundup from Money Media! 📌Taking StockCB Warns Of Price HikesCaribbean Broilers Group says Jamaicans could see higher food prices in the coming months as rising global costs begin to pressure the local agricultural sector. Speaking on Taking Stock with Kalilah Reynolds, CB Group CEO Matthew Lyn said the company has managed to hold prices steady on its food products for more than two years and on feed products for nearly four years, but mounting international pressures are becoming harder to avoid. “As oil prices are going up, grain prices are going up, logistics prices are going up. And that’s going to lead to a cost increase on our side,” he said. He added that consumers should expect...
📉The Bottom LineJamaica’s Sugar Tax Already Has Problems!Wait… so the sugar tax isn’t just taxing sugar? Read more Why Isn’t Carib Cement Paying Bigger Dividends?Where’s the dividend? Read more NCB Stock Back Above $50NCB back above 50 dollars? Yeah… that’s getting people’s attention. Read more Major IPO Just Closed in BarbadosOne of the Caribbean’s biggest IPOs just happened in… Barbados. Read more Poll resultsDo you think NCB’s stock price rebound will continue? The official data partner of Money Media! Get 10% off your MyMoneyJa.com subscription with the code MONEYMISSION Market RecapJamaica Stock ExchangeJSE Combined Index +0.12% Trinidad & Tobago Stock ExchangeComposite total US marketsDOW Jones -0.05% 💲Dollars and centsForexUSD$1.00 = JM$159.03 (+$0.10) CAD$1.00 = JM$115.78 (-$2.03) GBP$1.00 = JM$213.08 (-$5.54) EUR$1.00 = JM$187.65 (-$3.19) Crypto1 BTC = US$77,986.00 (-3.10%) 1 ETH = US$2,183.65 (-4.00%) Gas prices87 - $189.88/litre (-$0.25) 90 - $197.33/litre (-$0.25) DSL - $197.50/litre (-$0.25) ULSD - $204.35/litre (-$0.25) Coming upTaking StockTuesday, May 19, 2026 - 8 pm We'll recap the biggest business and finance news stories and tell you how it will affect you and your money.
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Money Media
Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
Wall Street’s Biggest IPO Wave Yet? Wall Street could be heading into its biggest IPO wave in years. 2026 could become a blockbuster year for US IPOs, with companies like OpenAI, Anthropic, Canva and SpaceX all being linked to potential listings that could collectively add trillions of dollars to the stock market. Let’s start with OpenAI. The company behind ChatGPT is reportedly laying the groundwork for a possible IPO as early as late 2026. OpenAI has reportedly been holding talks with Wall...
Could Spirit Airlines' Collapse Hurt the Caribbean? A moment of silence for Spirit Airlines. Spirit officially shut down earlier this month after years of financial trouble, and travellers are already paying the price. Failed merger attempts, bankruptcy filings, and rising fuel costs finally caught up with the company. According to the airline, soaring jet fuel prices linked to tensions in the Middle East was the final blow. But Spirit’s problems started long before that. The airline built...
What Barita's Results Say About Jamaica's Economy Barita Investments recently acquired JN Fund Managers and has since rebranded as Barita Fund Managers. They also just reported great financial results. What does this say about the Jamaican economy, and how are they looking towards the future? CEO of Barita Investments, Senator Ramon Small-Ferguson and Interim CEO of Barita Fund Managers, Richardo Williams, join the conversation. ⚠️Scam Alert I will never message you to trade, ask for money,...