News & Insights
Vance says Fed should lower interest rates: ‘Would be nice to have some help’
4 Sep 2026
The Federal Reserve should cut interest rates to make homes more affordable, Vice President JD Vance said Thursday, adding to the pressure President Donald Trump has placed on the central bank to cut borrowing costs. The remarks came days after Trump’s handpicked Fed…
Read moreThe one thing that caught Goldman Sachs’ notice this earnings season
4 Sep 2026
After the relentless barrage of ASX earnings announcements during the August reporting season, the one thing that stood out the most for Goldman Sachs was the number of companies that rallied on better-than-expected results only…
Read moreBond markets stick with early rate cut after jobs blowout
Bond markets are signalling a strong chance that the Reserve Bank will next month finally deliver the first Australian rate cut in more than four years, shrugging off a surprisingly buoyant jobs market and economist…
No need for a February rate cut after bumper jobs report: economists
Economists say there is no urgency for the Reserve Bank of Australia to deliver a pre-election cash rate cut in February after a bumper jobs report showed the labour market continued to defy expectations of…
Bank of America tops estimates on better-than-expected investment banking, interest income
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company reported: The company said fourth-quarter profit more than doubled to $6.67…
Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing. The consumer price index increased a seasonally adjusted…
ASX to leap 1pc as Wall Street surges; Rio production growth flat
Australian shares are poised to jump more than 1 per cent as US stocks surged on record profits at four of America’s largest banks, and as US consumer prices cooled, easing concern about inflation. ASX…
Telstra’s Vicki.ai a glimpse into the future of Australian business
Telstra’s decision to hive off its AI projects and staff at such a critical time will make other companies stand up and take notice. The big consulting groups and tech companies must be loving it.…
ASX to leap, Wall St surges on bank profits, rate cut bets
Australian shares are poised to rise as US stocks surged, reflecting near record profits at four of America’s largest banks and a further cooling in core US consumer prices last month. ASX futures were up…
Dow surges 700 points, S&P 500 posts best day since November after tame inflation report: Live updates
Stocks surged Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December and major U.S. banks kicked off quarterly earnings reporting season with blowout results. The Dow Jones Industrial Average advanced 703.27 points, or…
Stocks making the biggest moves midday: Eli Lilly, Applied Digital, Boeing and more
Check out the companies making headlines in midday trading. Eli Lilly – The drugmaker’s shares tumbled 6.6% after the firm said demand for its weight loss and diabetes drugs would not meet its lofty expectations. Eli Lilly…
Telstra pins hopes on massive AI rollout with $700m Accenture deal
Telstra will spend $700 million rolling out artificial intelligence across its entire business in one of the biggest deployments of the technology by a major Australian company to date. The telecommunications giant will bring in…