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JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”. Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland. Recommended Stories list of…

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Calling all female tech students: Enter to win R30 000

Calling all female tech students: Enter to win R30 000

Rejoice Chitengu, a data science student at Wits University, won the Wired4Women Top Tech Student Award in 2025. Are you a female ICT student who excels academically, shows leadership and actively applies technology beyond the classroom? Or do you know someone who deserves recognition? Nominations are now open for the Top Female Tech Student Award…

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trade tensions, geopolitical risks in focus

trade tensions, geopolitical risks in focus

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 20, 2025. Brendan McDermid | Reuters The benchmark 10-year Treasury yield fell on Wednesday, as concerns around the “sell America” trade ignited in the previous session were eased following new comments from President Donald Trump. The yield…

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South African digital radio trial is about to go live

South African digital radio trial is about to go live

DRM South Africa Group chairman Aldred Dreyer South Africa’s latest digital radio experiment is nearing lift-off, with DRM (Digital Radio Mondiale) trial broadcasts expected to go live within weeks, potentially timed to coincide with World Radio Day on 13 February. That’s according to Aldred Dreyer, chairman of the DRM South Africa Group, the organisation that’s…

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Africa: Beyond a Crisis – We’re in a New Era of Global ‘Water Bankruptcy’, Says UN Report

Africa: Beyond a Crisis – We’re in a New Era of Global ‘Water Bankruptcy’, Says UN Report

Amid alarming global water shortages, a UN report declares a new era of ‘water bankruptcy’, emphasising the need for urgent action and redefined policies to address irreversible losses. United Nations water experts are calling for the formal recognition of a new era of global water “bankruptcy”, arguing that terms such as water “stress” or “crisis”…

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Netflix projects massive ad revenue growth and pivots to cash bid for Warner Bros.

Netflix projects massive ad revenue growth and pivots to cash bid for Warner Bros.

Netflix’s advertising business has reached a major turning point, more than doubling its revenue to $1.5 billion between 2024 and 2025. During the company’s most recent earnings call, co-CEO Greg Peters expressed high confidence in this trajectory, projecting that ad revenue will “roughly double again” in 2026 to reach approximately $3 billion. This rapid scaling…

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Japan restarts world’s largest nuclear plant as Fukushima memories loom large

Japan restarts world’s largest nuclear plant as Fukushima memories loom large

Getty Images The Kashiwazaki-Kariwa Nuclear Power Plant has the world’s largest installed capacity Japan has restarted operations at the world’s largest nuclear power plant for the first time since the 2011 Fukushima disaster forced the country to shut all of its reactors. The decision to restart reactor number 6 at Kashiwazaki-Kariwa north-west of Tokyo was…

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Board Collaborates with Microsoft to Bring Agentic AI Into the Core of Enterprise Planning

Board Collaborates with Microsoft to Bring Agentic AI Into the Core of Enterprise Planning

Board, one of the leading Enterprise Planning Platforms, today announced the launch of Board Agents built on Microsoft Foundry. Board Agents deliver an intelligent suite of domain-specific, enterprise-ready AI agents that support real-world planning decisions across finance, supply chain, and merchandising. This marks the first Board enterprise planning capability developed with Microsoft Foundry, using Microsoft…

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