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 moreConsumer prices rose 3.7% annually in September as gas prices skyrocket
September brought little relief to the accelerating cost of living, as consumer prices increased again and kept the inflation rate well above the Federal Reserve’s goal. The consumer price index, a broad measure of goods…
AGL hit with Australia-first class action over ‘carbon-neutral’ claims
AGL Energy is staring down a costly lawsuit over its campaign to charge customers extra for what it claimed was carbon-neutral gas and electricity, in the first greenwashing class action to be brought in Australia.…
Energy investors wrong-footed by return of ‘climate wars’
Big investors say an increasingly unsettling debate over climate policies is making it harder to push ahead with renewable energy generation projects, imperilling the transition away from fossil fuel power even as ageing coal assets…
ASX risks ‘monstrous’ trading costs without faster settlement
Australia should shift to a one-day settlement cycle for share transactions, or the country’s main exchange risks being left behind on the global stage and overlooked by investors as too expensive and slow. That is…
S&P 500 drops 1%, dragged down by hot inflation data and sell-off in AI-related stocks
The S&P 500 pulled back on Wednesday, pressured by losses in the artificial intelligence trade, as investors reacted to hotter-than-expected September consumer inflation data. The broad market index fell 1.11% to end at 7,718.94, while…
The latest inflation data is expected to show price increases are accelerating
Wednesday’s closely watched reading on consumer prices could show intensifying inflationary pressures as energy costs keep climbing. Economists polled by Dow Jones expect the headline consumer price index for September to rise 0.6% for the…
Ghosts of Qantas haunt Maxine Brenner’s Telstra board seat
Maxine Brenner, one of the country’s highest-profile directors, is facing opposition to her bid to be re-elected to the board of telecommunications giant Telstra after an influential governance advisory firm recommended clients vote against her…
Bonds, anyone? Investors swap stocks for debt as rotation begins
As global bond yields soar to multi-decade highs, the attractive returns are prompting some of the world’s biggest investors, for the first time in years, to start rotating out of the US sharemarket to buy…
ASX to fall, US equities little changed
Australian shares are poised to open lower after JPMorgan and Goldman Sachs started Wall Street’s third-quarter reporting season with solid results but failed to buoy US equities. Meanwhile, chip stocks found buyers after a morning…
The stock market is at a critical juncture. Wall Street is convinced it will resolve in the bulls’ favor
This is a deeply divergent stock market that almost no one saw coming and few are enjoying, but most everyone seems to think is about to resolve in their favor. The extraordinary split between the…