Federal Trade Commission probes potential coordination to limit driver pay, as companies face pressure to increase wages.

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and ...

Gold Gold prices surged over 2% overnight, driven by the weakening US dollar. US Dollar The US dollar weakened against other currencies, including the Australian dollar.

The U.S. economy expanded at an annual rate of 2.3% in the fourth quarter of 2024, according to the advance estimate from the U.S. Bureau of Economic Analysis. This growth decelerated from the 3.1% ...

The broad market index fell 0.47%, closing at 6,039.31, while the Nasdaq Composite dropped 0.51% to finish at 19,632.32. The ...

Uber and Lyft have been accused of engaging in anti-competitive practices in numerous markets, including setting surge pricing, manipulating algorithms, and limiting driver competition. The FTC’s ...

While inflation has eased from its peak levels in 2022, core inflation (which excludes food and energy) continues to run ...

The European Central Bank (ECB) reduced its key interest rates by 25 basis points, bringing the deposit facility rate to 2.75%. This marks the fifth rate cut since June 2024, reflecting the ECB’s ...

The fall in underlying inflation is a welcome development for many stakeholders, particularly consumers burdened by rising ...

US consumer sentiment has fallen for the first time in six months, signaling a potential slowdown in the economy. A report by ...

However, it’s essential to recognize the inherent risks associated with alternative investments. Many of these investments are relatively illiquid, meaning they are difficult to sell quickly. They are ...

While the headline inflation figure remains above the RBA’s target, the softening core rate suggests the peak of inflation may have already been reached. This anticipated easing of price pressures is ...