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 ...
Federal Trade Commission probes potential coordination to limit driver pay, as companies face pressure to increase wages.
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 ...
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 ...
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.
While inflation has eased from its peak levels in 2022, core inflation (which excludes food and energy) continues to run ...
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 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 ...
Lovisa, a prominent jewellery retailer, is currently facing a class action lawsuit filed by Adero Law in the Federal Court of Australia. The lawsuit alleges that, between January 2019 and January 2025 ...
After a period of sluggish deal activity, mergers and acquisitions in the biotechnology sector are showing signs of recovery. While 2023 and much of 2024 saw a decline in dealmaking—largely due to ...