The retail carnage is happening before the high street recession has really started. But more rate increases and further house price falls will add even more pressure.
Anthropic, OpenAI and SpaceX are suddenly in furious agreement we might need to slow the AI development due to safety concerns. The ramifications could be huge.
Households’ strong balance sheets are supporting strong spending growth. That’s bad news for the central bank, which is not coming to save the property market.
If the bank is right about where the market for home loans is heading, then there is more pain ahead for sellers, banks and for the Albanese government.
A sharp turnaround in prices for the battery metal has set off a mini-wave of investments across Australia, with Wesfarmers the latest to join the trend.
Elon Musk’s space firm just closed below its IPO price for the first time. As global market sentiment about AI turns fragile, that could have big ramifications.
Performance updates from GQG and L1 Capital show different stock pickers can yield very different results – even when they agree about the biggest problem on markets.
Oil prices are well below their Iran war peaks, but real-world bills remain worryingly high. That’s adding to concerns about inflation, interest rates and debt.
