Rising prices, partly driven by tariffs, could worsen a divide in the US economy between the haves and the have-nots.

The US president urges regulators to adopt a semi-annual schedule for financial reports.

BusinessTech looked at the “big five” and measured their heft across 13 key metrics to determine which can truly call themselves the “biggest of the big banks”.

The purchases, the billionaire’s first since 2020, boost his investment in the firm.

Administrators say they are hopeful the chain’s remaining 85 stores can be saved.

The rand hit recent highs against the US dollar on Monday (15 September) as prospects for interest rate cuts in the United States sent investors pouring into emerging market bonds.

The deal will pave the way to US ownership of the social media platform’ s American operations, according to the US treasury secretary.

Deputy Finance Minister David Masondo believes that a lower inflation target has the potential to lower social unrest in South Africa.