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 moreStocks making the biggest moves midday: Chipotle, Starbucks, Skydance, Marathon Petroleum & more
Here are some of the companies making headlines in midday trading. Energy stocks – Oil prices jumped after Iran ramped up its attacks on tankers transiting the Strait of Hormuz. Marathon Petroleum and APA were…
Telstra sues former executive over jump to rival Vocus
Telstra has gone to court to block a former senior executive from participating in any product development related to security and managed services for rival telecommunications provider Vocus. The telco started the legal action against…
Paradice says ‘bloody tough’ market will kill Australian fundies
David Paradice, one of the country’s most respected investors, says he expects more Australian money managers will be forced to close after a long stretch of bad performance pushes clients toward cheaper index-trackers, and as…
ASX to edge up, oil spikes higher
Australian shares are set to open modestly higher after tech shares dropped on Wall Street overnight. The fall came in part because of a report that OpenAI is struggling to generate revenue, leading the Nasdaq…
Nasdaq falls 1% as AI trade stumbles following OpenAI revenue setback
The Nasdaq Composite slid on Thursday as new details about OpenAI spooked investors, putting the artificial intelligence trade under pressure. The tech-heavy Nasdaq was down 1.25% to close at 27,193.34, while the S&P 500 declined…
The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors
The IRS and Treasury Department have fired a warning shot concerning two exchange-traded fund strategies that can sharply cut wealthy investors’ tax liabilities – and those individuals should prepare to back up their reasoning for…
Investors fear elections will escalate backlash against data centres
Public opposition to data centres is set to hit boiling point this year amid a string of crucial elections in the United States and Australia that investors warn will leave company share prices in limbo.…
Global credit agency warns Australia about record government spending
The Albanese government’s continuing budget deficits caused by record government spending on debt interest, disability and defence have left the nation’s finances vulnerable to a negative shock such as a downturn in mining commodity revenues,…
ASX to drop
Australian shares are set to open lower after all three US benchmarks slid, though they closed above session lows. Oil settled near $US100 a barrel, while bitcoin also fell. S&P/ASX 200 futures were down 53…
Goodbye TINA? High Treasury yields give investors an alternative to stocks
With bond yields hovering around the highest level seen in decades, some investing experts are saying the era of “TINA” is over. In investing terms, TINA stands for “There is no alternative,” which is shorthand…