Trump's tax and spending bill passes Senate 51-50; faces House vote amid concerns over inequality and support cuts.
Nike's stock surged 17% after CEO reassured investors of an imminent recovery despite ongoing challenges and inventory issues.
U.S. dollar hits three-year low; speculation grows over Powell's future amid concerns of Trump’s potential interference.
Global markets soared after Israel-Iran ceasefire, while Fed's Powell remains cautious on tariffs and rate changes.
Mortgage arrears rise but experts predict overall numbers to remain low, anticipating further drops with upcoming rate cuts.
Jim Chalmers signals major tax reforms that may impact Australians more than anticipated.
Australia's unemployment held at 4.1% in May amid job loss; full-time roles surged, underemployment fell, and female participation rose to 60.9%, keeping RBA cautious despite rate...
Central banks face challenges amid economic uncertainty, impacting policy decisions and investor confidence worldwide.
U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.
AMP's Shane Oliver urges GST hike, income tax cuts to enhance productivity, following Jim Chalmers' economic reform address.
Markets remain optimistic despite the escalating Israel-Iran conflict, raising concerns of potential complacency among investors.
Australia's economy is slowing with 0.2% GDP growth; experts suggest interest rate cuts, prompting businesses to adapt for growth.
World Bank forecasts U.S. growth halving due to tariffs; global economy also faces significant slowdown, especially in exports.
Virgin Australia is coming back to the share market. Here’s what this new chapter could mean Petr Podrouzek/Shutterstock Rico Merkert, University of Sydney It is finally happening....
U.S. stocks rise in May; focus shifts to Fed and jobs report amid strong tech gains and positive inflation data.
