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 moreCostco beats on earnings as e-commerce sales jump
Points Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as it got a boost in part from higher membership fees. Here is how the warehouse club did for the fiscal first quarter compared…
ASX falls, Insignia rockets after Bain bid
Australian shares fell minutes after the open, tracking losses in New York as the technology rally petered out and investors refocused on the outlook for interest rates. The S&P/ASX 200 dropped 0.7 per cent, or…
This big super fund just became the first to buy into crypto
AMP has invested $27 million in bitcoin, becoming the first major superannuation fund to buy into an asset class that has previously been shunned by big fund managers in the $4 trillion retirement savings industry…
How to pick the ASX’s next dividend winners
Investors should look beyond an ASX-listed company’s dividend yield when screening for income stocks, says Wilsons Advisory, arguing that using the measure in isolation does not accurately reflect long-term potential. Indeed, investing for income by…
Dow falls more than 200 points after warm inflation report, Nasdaq retreats from record: Live updates
Stocks fell Thursday, weighed down by a hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week. The tech-heavy Nasdaq Composite slid 0.66%, dipping back below the 20,000 threshold to…
Tesla shares close at record high, boosted by 69% pop since Trump election victory
Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record reached in 2021, sparked by a post-election rally and Wall Street’s increased enthusiasm for Elon Musk’s electric vehicle company. The stock rose to a closing…
ASX to rise, Orora sells unit for $1.7b
The Australian sharemarket is set to open higher after US inflation data all but cemented a rate cut by the US Federal Reserve next week. ASX futures are up 41 points, or 0.5 per cent,…
Australia needs a dose of Javier Milei’s Argentine capitalism
Australia is sleepwalking to stagnant living standards unless we adopt an agenda that restrains government and allows the private sector to flourish, writes John Kehoe. As Australia grapples with a stagnant private sector, sticky inflation…
Why Apple’s rally is a ‘head-scratcher’ for investors
Apple has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term in the White House. None of that is holding back the stock. The shares…
Nasdaq surges for first close above 20,000, lifted by Alphabet shares: Live updates
The Nasdaq Composite surged Wednesday after November’s inflation report met economists’ projections, clearing the way for the Federal Reserve to cut interest rates again at its December meeting next week. The tech-heavy index rose 1.77% to end…