Money
Slick gaming gifts for the players this season
Looking for the perfect gift for the gamer in your life?
1. PlayStation 5 Console: The PS5™ console is a gaming powerhouse that takes the gaming experience to new heights. With lightning-fast loading times thanks to its ultra-high-speed SSD, haptic feedback, adaptive triggers, and 3D Audio support, the PS5™ delivers immersion like never before. Combine these features with an incredible lineup of PlayStation® games, and you have a gaming console that exceeds expectations.
TOP TITLES AVAILABLE FOR PS5:
Marvel’s Spider-Man 2
Mortal Kombat 1
FIFA 23
Minecraft
Horizon: Forbidden West
2. Xbox Series S: The Xbox Series S is the smallest and sleekest Xbox console ever, offering next-gen speed and performance at an accessible price point. With the Xbox Velocity Architecture and a custom-built 512GB NVMe SSD, this all-digital console minimizes load times and allows you to seamlessly switch between recently played games with Quick Resume. Enjoy thousands of games across four generations with backward compatibility.
3. Xbox Series X: Introducing the Xbox Series X, the fastest and most powerful Xbox ever. With the Xbox Velocity Architecture, a custom SSD, and 12 teraflops of raw graphic processing power, this console offers a seamless and visually stunning gaming experience. Enjoy 4K gaming at up to 120 frames per second, Quick Resume for switching between games in an instant, and access to a library of high-quality games through Xbox Game Pass Ultimate.
TOP TITLES AVAILABLE FOR XBOX:
Halo: Infinite
Forza Horizon 5
Call of Duty: Modern Warfare II/III/Warzone 2.0
Rocket League
Gotham Knights
4. ROG Ally Gaming Handheld: Immerse yourself in gaming on the go with the ROG Ally Gaming Handheld. Featuring a Full HD 120Hz display and comfortable ergonomics, this handheld device is perfect for enjoying AAA or indie games. Connect it to a TV for a couch multiplayer experience, or take it to the next level with the XG Mobile external GPU, monitor, mouse, and keyboard for high-fidelity 4K gaming.
5. Nintendo Switch OLED: The Nintendo Switch OLED model takes gaming versatility to the next level. Play at home on the TV or on-the-go with a vibrant 7-inch OLED screen. The adjustable stand, wired LAN port in the dock, 64 GB of internal storage, and enhanced audio make this version of the Nintendo Switch a must-have for gaming on the move.
TOP TITLES AVAILABLE FOR PC:
Apex Legends – 2019
Elden Ring – 2022
Hades – 2018
Grand Theft Auto V – 2013
Dota 2 – 2013
TOP TITLES AVAILABLE FOR NINTENDO SWITCH:
Super Mario Bros: Wonder
The Legend of Zelda: Tears of the Kingdom
Mario Kart 8 Deluxe
Pikmin 4
Super Smash Bros. Ultimate
This holiday season, give the gift of unparalleled gaming experiences with these top gaming products that cater to every gamer’s preferences and playstyle. Whether it’s the speed of the Xbox Series X, the versatility of the Nintendo Switch OLED, or the immersive features of the PS5, these gifts are sure to make any gamer’s dreams come true.
Money
Fed cuts rates, signals more potentially ahead
Fed lowers rates amid job market concerns, signalling potential further cuts in upcoming meetings
Fed lowers rates amid job market concerns, signalling potential further cuts in upcoming meetings
– The Federal Reserve cut interest rates by a quarter-point to address job market concerns.
– Officials expect at least two additional rate cuts by year-end amid ongoing economic uncertainties.
Fed Chair Jerome Powell noted a significant shift in the labour market, highlighting “downside risk” in his statements.
The recent rate cut, supported by 11 of 12 Fed voters, aims to recalibrate an economy facing uncertainties from policy changes and market pressures.
Policy Dynamics
The decision comes amid intense political scrutiny, with President Trump openly criticising Powell’s reluctance to lower rates.
Despite the controversy, Powell asserts that political pressures do not influence Fed operations.
The current benchmark federal-funds rate now sits between 4% and 4.25%, the lowest since 2021, providing some reprieve to consumers and small businesses. Economic forecasts indicate ongoing complexities, including inflation trends and the impact of tariffs on labour dynamics, complicating future policy decisions.
Money
Fed faces unusual dissent amid leadership uncertainty
Fed’s Powell navigates contentious meeting amid Trump-appointed dissenters as rate cut looms and succession contest heats up
Fed’s Powell navigates contentious meeting amid Trump-appointed dissenters as rate cut looms and succession contest heats up
– This week’s Federal Reserve meeting faces unusual dissent as Chair Powell approaches his term’s end.
– Analysts predict dissent over expected rate cuts due to political pressures from Trump-appointed officials.
The situation is further complicated by the recent swearing-in of Trump adviser Stephen Miran to the Fed’s board, following a Senate confirmation.
Analysts believe Powell may encounter dissent on an expected quarter-percentage-point rate cut from both Trump-appointed officials and regional Fed presidents concerned about inflation.
Potential Dissent
Trump has urged significant rate cuts and for the board to challenge Powell’s decisions.
Some analysts predict dissenting votes from Miran and other Trump appointees in favour of larger cuts. Federal Reserve veterans express concerns that political motivations may undermine the institution’s integrity, with indications that greater dissent could become commonplace.
Money
RBA plans to ban credit card surcharges in Australia
Reserve Bank of Australia plans to ban credit card surcharges despite banks warning of potential higher fees and weaker rewards
Reserve Bank of Australia plans to ban credit card surcharges despite banks warning of potential higher fees and weaker rewards.
– The RBA plans to ban surcharges on debit and credit card transactions, supported by consumer group Choice.
– Major banks oppose the ban, warning it could lead to higher card fees and reduced rewards for credit card users.
The Reserve Bank of Australia (RBA) intends to implement a ban on surcharges associated with debit and credit card transactions. Consumer advocacy group Choice endorses this initiative, arguing that it is unjust for users of low-cost debit cards to incur similar fees as credit card holders.
The major banks, however, are opposing this reform. They caution that the removal of surcharges could prompt customers to abandon credit cards due to diminished rewards.
A final decision by the RBA is anticipated by December 2025.
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