China's slowdown and diversification away from Australian iron ore will have an impact on our economy, but experts are divided on what it will mean for living standards at home. China's economy grew at its slowest pace since early last year in the third quarter as the country struggles to boost flagging growth. According to … Read more
Major Wall Street indexes are mixed after data showed strong services activity in the world's largest economy as cautious investors awaited an escalation in the Middle East conflict. The benchmark S&P 500 pared losses after the Institute for Supply Management survey showed activity in the services sector, which makes up the bulk of the U.S. … Read more
After recent figures revealed the financial constraints of Australian households, the Labor Party is preparing to attack its economic leadership.
Wall Street's major indexes rose as retail sales for July pointed to robust consumer spending, allaying fears of a looming recession in the world's largest economy. All megacap and growth stocks recorded an increase, led by Tesla with an increase of 4.1 percent.
A popular bakery chain has announced it will close its doors to pastry lovers in Melbourne, citing a “difficult economic climate”. Black Star Pastry will serve its last cake at its St Kilda, Melbourne CBD and Chadstone branches on Sunday.
Data from Statistics New Zealand shows that 131,200 people left New Zealand in the year to June 2024. This is currently the highest number ever recorded for a single year.
After three CEOs in five years and two corruption investigations, taking over the top job in Halls Creek County should give anyone pause – even with a salary of $246,300. But not Sue Leonard. Nine weeks after taking office as CEO of the District of Halls Creek, Ms Leonard said she was determined to improve … Read more
U.S. stocks opened higher after jobs data suggested fears of a labor market collapse were overblown.