Money

U.S. Fed delivers biggest interest rate hike in decades

Published

1 year ago

June 16, 2022

ticker NEWS

Wall Street has rallied and the Australian dollar has soared above 70 U.S. cents after America’s federal reserve agreed to increase interest rates by a 0.75 percentage point

Investors showed signs of relief, with the Dow Jones jumping 1 per cent, the S&P 500 rising by 1.5 per cent and the Nasdaq by 2.5 per cent.

As the world reacts, the Australian market is expected to gain today, with ASX futures up 0.24 per cent at 6:30AM AEST.

This follows the market falling for its fourth day in a row on Wednesday, with the ASX 200 down 1.3 per cent as investors waited anxiously for the Fed announcement.

But is the Fed’s latest move going to combat the inflation every single American is feeling right now?

Market analyst Octavio Marenzi says Jerome Powell must take responsibility for where inflation in the US is at.

The Fed has increased rates to fight inflation but if they go too high they risk triggering a recession.

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‘Never a British Colony’ – school students taught alternate Hong Kong narrative

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Leaders

Diversifying and enhancing payment methods

Published

13 hours ago

December 8, 2023

ticker NEWS

American Express reveals Australian homeowner bill payment insights

In response to the growing trend of card and tap-and-go payments, organisations are adapting their systems to accommodate diverse payment options.

American Express recently conducted research shedding light on homeowner sentiments towards local councils, with a focus on Australian attitudes and behaviours related to bill payments.

Vice President and General Manager of Global merchant services at American Express, Robert Tedesco, provides his insights.

Leaders

Explosive growth and dominance of the audio industry

Published

18 hours ago

December 8, 2023

ticker NEWS

Global radio market hits staggering $143 billion valuation, cementing audio industry’s dominance

The audio industry continues to assert itself as a formidable force, with the 2023 global radio market reaching a substantial value of $143 billion.

The podcast market has surged to an impressive worth of $18.52 billion, showcasing a compound annual growth rate of 27.6%.

Tony Simmons, CEO and founder of Sonnant, discusses how the audio industry can be made even better.

Presented by VentureCrowd – To find out more about Conscious Investing, head to www.venturecrowd.com.au

Money

Nick Kyrgios shocks fans with surprise OnlyFans announcement

Published

20 hours ago

December 8, 2023

ticker NEWS

Tennis sensation Nick Kyrgios sent shockwaves through the sports and entertainment world today as he revealed a surprising career move.

The Australian athlete, known for his fiery on-court antics and charismatic personality, has announced his entry into the world of OnlyFans, a platform typically associated with adult content creators.

In an unexpected turn of events, Kyrgios took to social media to share the news with his followers. He stated, “I’ve always enjoyed pushing boundaries and breaking the mold. I’m excited to announce that I’ll be joining OnlyFans to share exclusive content and connect with my fans in a new way.”

The announcement has left fans and pundits alike wondering what kind of content Kyrgios will be sharing on the platform.

The decision has sparked a debate about the intersection of sports and social media, as well as the evolving landscape of content creation.

Some fans are eagerly anticipating behind-the-scenes glimpses of Kyrgios’s life, while others are questioning the potential impact on his professional tennis career.