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 moreThe Fed’s humiliating reversal is toxic for stocks
There is very bad news for risky assets in the humiliating policy reversal that a politically compromised US Federal Reserve has had to effect since the November presidential election. And the clear signal is in…
Lithium piles up at IGO’s WA refinery as demand slows
IGO is struggling to find customers for its lithium hydroxide, as dismal prices cause the battery material to pile up at its Western Australia processing plant. The lithium and nickel miner on Monday warned that…
Soft wages, growth revive chances of first RBA rate cut in February
The Reserve Bank of Australia has signalled it could be ready to cut interest rates as soon as February if inflation and unemployment data meet or come in softer than expectations, bolstering the Albanese government’s…
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the…
MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks
On the eve of MicroStrategy’s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at the Lotte New York Palace in Midtown Manhattan. Saylor, who was 33 at the time, says it was…
Power findings show ‘failure of privatisation’: SA energy minister
The Australian Energy Regulator’s findings that large power generators may be artificially pushing up prices for consumers at peak periods represents a failure of the privatisation of the sector, South Australian Energy Minister Tom Koutsantonis…
‘Significant risk’ Australian inflation might stop falling: IMF
The International Monetary Fund has warned of a significant risk that inflation will stop falling due to the strong jobs market and rapidly rising public sector demand, and called for spending restraint across all tiers…
ASX records best session in six months, as bank, property stocks rally
The Australian sharemarket recorded its best single session in six months on Monday as bargain hunters piled in, snapping up banks and property stocks after a bout of heavy selling last week. The benchmark S&P/ASX…
S&P 500 closes higher to begin holiday week, tech stocks lead the advance: Live updates
Stocks rose on Monday to start a holiday-shortened trading week as the continuous strength in technology names helped the broader market. The S&P 500 gained 0.73% to 5,974.07. The tech-heavy Nasdaq Composite rose 0.98% to 19,764.89, as Tesla and Meta Platforms added more…
Behind Amazon’s quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Two weeks before Black Friday, Amazon quietly added a new section to the top of its mobile app. Called Haul, it’s a mobile-only area for ultra-low-price items, primarily shipped directly from China. Haul is Amazon’s answer…