FOMC notes show Powell facing a divided Fed as odds of interest rate cut fall
It’s looking increasingly likely that Jerome Powell’s Christmas gift to markets will be an economic lump of coal,…
Gold Claws Back Losses Despite Wider Market Appetite for Risk
Gold snapped a two-day gain as investors scaled back expectations for an interest-rate cut from the Federal Reserve…
Supreme Court dismisses Uber appeal – says drivers are employees
The Supreme Court has dismissed Uber’s appeal against an earlier court ruling and has agreed four drivers who…
UK airline with Bristol Airport base collapses and cancels all flights
The airline’s website informed passengers ‘We deeply regret the inconvenience that this will bring to your travel plans’…
Australia’s unemployment rate slips to 4.3 per cent
Australia’s unemployment rate declined to 4.3 per cent in October, down from 4.5 per cent in September, in…
Some soothing news for the RBNZ ahead of OCR decision – inflation expectations muted
For once, in a topsy turvy year, it was the good news the Reserve Bank (RBNZ) was looking…
Gold Steady as Traders Weigh Weak US Jobs Data, Fed Comments
Gold edged higher as traders ramped up wagers on a December interest-rate cut by the Federal Reserve, after…
Gold Steadies as Traders Assess Outlook for US Interest Rates
Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest…
AI is changing jobs fast — and Australians are beginning to wonder how they’ll stay relevant
For Cassy Polimeni, a career living by the pen has always involved adapting. After deciding on writing as…
Fed’s Miran Says ADP Jobs Data Slightly Better Than Expected
Federal Reserve Governor Stephen Miran on Wednesday described data that showed employment at US companies increased in October…
Treasuries Fall as Supply Outlook Compounds Anxiety About Fed
Treasuries fell after the US government signaled that larger auction sizes are on the horizon, while signs of…
‘Worst behind us’, but unemployment tipped to rise to near 9-year high
Unemployment is expected to nudge up to a near nine-year high with jobs few and far between in…