Economic problems overshadow the resumption of parliament
After recent figures revealed the financial constraints of Australian households, the Labor Party is preparing to attack its economic leadership.
economic
Wall Street gains as US retail sales ease concerns about economic slowdown
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.
Black Star Pastry closes its doors in Melbourne due to the “difficult economic climate”
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.
Record number of people leaving New Zealand due to economic problems
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.
Sue Leonard, new CEO of Halls Creek, wants to restore confidence and drive economic growth
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
Wall Street opens higher as labor market data eases economic concerns
U.S. stocks opened higher after jobs data suggested fears of a labor market collapse were overblown.