Australia’s data centre boom and surge in AI infrastructure is fuelling inflation and worker shortages
The Reserve Bank is concerned that the recent explosion in data centre investment could compete with Australian businesses…
One-year inflation expectations hit the highest since 2023 in New York Fed survey
Highlights of the latest NY Fed survey: Three-year inflation expectations 3.3% vs 3.1% prior — highest since June…
RBNZ Decision Ahead: NZDUSD at a turning point technically
The RBNZ will announce its interest rate decision during the New Zealand trading day (10:00 PM ET /…
Norway, a country of 5.5 million people that discovered oil off its coast in 1969, has built the world’s largest sovereign wealth fund — worth more than $2 trillion in 2026 and holding stakes in roughly 1.5 percent of all publicly listed shares on the planet — meaning every Norwegian citizen effectively owns nearly $400,000 of the fund on paper
A country of 5.5 million people owns, through a single state fund, close to one and a half…
US May trade deficit widens as capital goods imports hit record high
By Lucia Mutikani WASHINGTON, July 7 (Reuters) – The U.S. trade deficit widened sharply in May as imports…
Canada: Trade surplus widens as investment rises – RBC
Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canada’s merchandise trade surplus increased…
Recession off the cards but Australia faces dreary outlook, economists say | Australian economy
Fears of a recession have fallen away, with economists saying that Australia is set to safely navigate the…
Summer peak: 31% of tourism nights in August and July – News articles
In 2025, 31.1% of all overnight stays in tourist accommodations across the EU took place during the 2…
Fed’s Williams tells Fox Business he’s more sanguine on inflation due to energy price retreat
July 7 (Reuters) – Federal Reserve Bank of New York President John Williams said in a television interview…
Half of Americans struggle to afford groceries and gas, exclusive poll finds | US economy
Ninety-five per cent of Americans believe the US is suffering an affordability crisis, as many report trouble with…
Federal government report reveals which jobs are most at risk of artificial intelligence disruption
Hands-on jobs like tradies are the most likely to weather the storm of artificial intelligence as a new…
Saudi Arabia jumps to 13th place globally in attracting FDI
RIYADH: Saudi Arabia jumped to 13th place globally in attracting foreign direct investment in 2025, climbing from 17th…