The housing market won’t drive our economic recovery this time, commentator warns – The Front Page
Economic commentator Bernard Hickey warns the conditions that fuelled those past recoveries have changed, and relying on history…
Inside Economics: ‘An aspirational quality’ – can we trust Treasury forecasts? … plus, oil shock round two
Of course, the “better than expected” numbers were expected. They shouldn’t come as a surprise to regular readers…
South Island swells: MetService forecasts combined waves up to 10m offshore
For context, 10m is about the height of a three-storey building – or nearly one-and-a-half times the height…
Marginal improvement in CPI may not be enough to stave off September rate hike – Natixis’ Christopher Hodge
(Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right…
Nvidia doubles revenue, forecasts even more AI spending
Nvidia’s biggest customers – Amazon, Microsoft, Alphabet and Meta – are on track to spend roughly US$800b on…
Economist who called the 2008 crash says the AI bubble has “less than a year to go”
(Kitco News) – Steve Keen has spent two decades telling anyone who’ll listen that markets watch the wrong…
Canada posts monster jobs gain in July, unemployment rate hits two-year low
OTTAWA, Aug 7 (Reuters) – Canada’s economy added far more jobs in July than expected and the unemployment…
Samsung posts staggering 1,300pc profit surge as AI chip boom shows no sign of slowing
The artificial intelligence boom has delivered another eye-watering milestone this week as Samsung posted one of the biggest…
Opportunity will get into Parliament, latest Poll of Polls forecasts – here's the full prediction – NZ Herald
Opportunity will get into Parliament, latest Poll of Polls forecasts – here’s the full prediction NZ HeraldChristopher Luxon says…
MetService forecasts rain, thunder and snow as winter weather shifts
Fog restrictions remain in place at Auckland Airport, with 33 regional flights cancelled, six delayed and two diverted…
Strong retail sales mask widening K-shaped economy as consumer financial stress mounts
(Kitco News) – The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data…
MetService forecasts frosty but clear skies for Matariki long weekend
A drop in temperatures is expected to accompany the lack of cloud, bringing colder conditions to most parts…