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 moreStocks making the biggest moves midday: Tesla, U.S. Steel, FedEx, AT&T and more
Check out the companies making headlines in midday trading. U.S. Steel — Shares dropped 8% Tuesday, the day after President-elect Donald Trump said he would stop Japan’s Nippon Steel from buying the Pittsburgh steelmaker. The deal was first…
APA plots path from gas to become a Pilbara solar and batteries giant
APA Group says it hopes to expand its power generation portfolio in Western Australia’s Pilbara and commit to new investments within a year as it diversifies away from its core business of operating gas pipelines.…
Woolworths strike bill tops $50m as disruption spreads to Dan Murphy’s
Woolworths says two weeks of industrial action has cut $50 million in sales from its supermarket business as the retailer struggles to stock shelves. The shortages at stores spread from Woolworths to a second ASX-listed…
CBA warns $A to drop ‘materially’ in 2025
Commonwealth Bank has warned that higher tariffs threatened by US President-elect Donald Trump will turbocharge the greenback’s rally well into next year, threatening to knock the Australian dollar below US60¢. The Aussie dollar fell 0.6…
S&P 500 ticks higher for another record close on Tuesday: Live updates
The S&P 500 inched higher Tuesday, eking out another record close. The broad market index added 0.05%, ending at 6,049.88. The Nasdaq Composite advanced 0.40% to close at 19,480.91, hitting a new intraday record as Apple rose to a fresh 52-week…
Stocks making the biggest moves midday: Super Micro Computer, Tesla, Intel, Stellantis and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares advanced more than 30% after a special committee said it found “no evidence of misconduct” on the part of the artificial…
Telstra snaps up Boost Mobile, delivering Paul Keating a $40m payday
Former prime minister Paul Keating is in line for a payday of at least $40 million after the prepaid mobile phone business he co-founded with entrepreneur Peter Adderton was sold to sector giant Telstra. The…
ASX tops 8500 for the first time; Metcash leaps
The Australian sharemarket on Tuesday reset its all-time high for the third time in the past week, as gains in consumer-related stocks propelled the index above the 8500 mark for the first time. The S&P/ASX…
WiseTech, Xero help ASX tech sector beat Nasdaq
The surging share prices of ASX-listed WiseTech and Life360 have helped Australia’s technology sector more than double the return of the US tech-heavy Nasdaq this year. The S&P/ASX200 technology index has topped the ASX’s 11…
Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind. “Based on the economic data in…