News & Insights
Fed holds rates steady despite concerns over inflation
29 Oct 2026
The Federal Reserve voted Wednesday to keep benchmark interest rates on hold, opting to take a patient approach in its fight against inflation despite mounting evidence that price pressures are proving more nettlesome than policymakers…
Read moreASX to lift after Fed rates call
29 Oct 2026
Australian shares are set to tick higher after the US Federal Reserve held interest rates steady. S&P/ASX 200 futures were up 22 points, or 0.3 per cent, to 8882 near 6am (AEDT). Fed chairman Kevin…
Read moreASX to rise, US 10-year yield tops 5pc
Australian shares are set to open higher. US stocks were lower as oil prices rallied and the yield on the US 10-year note edged still higher. A Fed decision on interest rates is set for…
Stocks post back-to-back losses as oil surges, 10-year yield hits 19-year high
Stocks fell on Tuesday as traders looked ahead to the Federal Reserve’s policy decision this week — which could send ripples through the economy — and as Treasury yields surged to multiyear highs. The Dow Jones Industrial…
Costco hikes motor oil prices and puts limits on how much members can buy
Warehouse club retailer Costco imposed constraints on the amount of motor oil members can purchase and raised prices according to the AP. Shoppers looking to buy the two-pack of 5-quart bottles of Costco’s house brand Kirkland Signature full…
Investors worry that the ASX is both expensive and underperforming
Investors are increasingly shunning the Australian sharemarket amid fears that big miners and banks have dominated and overvalued the local bourse, despite its long underperformance against tech-heavy global indices. The S&P/ASX 200 Index is up…
Investors see their own threats in push to slow AI development
Major tech investors say the biggest hit from the prospects of greater regulation of artificial intelligence will not be to development giants such as Anthropic and OpenAI, which are calling for restrictions, but on newer…
ASX to slip as oil, yields rise
Australian shares are set to open lower. US shares closed lower as oil prices rose and the US 10-year note yield traded above 5 per cent for the first time since 2023. S&P/ASX 200 futures…
Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
s AI-fueled advisory and trading boom might have hit turbulence. While Moynihan pointed to a robust deal pipeline, particularly in middle-market investment banking, the projected double-digit decline in investment banking may make investors wonder if the industry’s surge…
Stock futures fall as investors weigh AI safety concerns, oil gains
Stock futures fell Sunday night as investors monitored a major shakeup in the pipeline for artificial intelligence initial public offerings amid growing safety concerns, along with the latest oil moves. Dow Jones Industrial Average futures slid…
Tesla owners to get insurance discount if they use self-drive tech
Insurance giant Zurich says Australian customers will be able to access cheaper premiums if their Tesla is equipped with self-driving technology, a national first for the sector, despite lingering safety concerns around use of the…
RBA board ‘split’ on rate decisions at one in three meetings
Recently departed Reserve Bank board member Ian Harper has revealed that nearly one-third of monetary policy decisions over the past decade were split votes, challenging long-held assumptions of central bank unanimity. Harper said there was…