Uber and Lyft have been accused of engaging in anti-competitive practices in numerous markets, including setting surge pricing, manipulating algorithms, and limiting driver competition. The FTC’s ...
Gold Gold prices surged over 2% overnight, driven by the weakening US dollar. US Dollar The US dollar weakened against other currencies, including the Australian dollar.
The U.S. economy expanded at an annual rate of 2.3% in the fourth quarter of 2024, according to the advance estimate from the U.S. Bureau of Economic Analysis. This growth decelerated from the 3.1% ...
The European Central Bank (ECB) reduced its key interest rates by 25 basis points, bringing the deposit facility rate to 2.75%. This marks the fifth rate cut since June 2024, reflecting the ECB’s ...
Lovisa, a prominent jewellery retailer, is currently facing a class action lawsuit filed by Adero Law in the Federal Court of Australia. The lawsuit alleges that, between January 2019 and January 2025 ...
However, it’s essential to recognize the inherent risks associated with alternative investments. Many of these investments are relatively illiquid, meaning they are difficult to sell quickly. They are ...
While the headline inflation figure remains above the RBA’s target, the softening core rate suggests the peak of inflation may have already been reached. This anticipated easing of price pressures is ...
While inflation has eased from its peak levels in 2022, core inflation (which excludes food and energy) continues to run ...
The broad market index fell 0.47%, closing at 6,039.31, while the Nasdaq Composite dropped 0.51% to finish at 19,632.32. The ...
ASX Outlook The ASX is poised for a flat start. The SPI 200 futures are pointing to 0.06% fall. Australia Dollar The Australian dollar dropped to US62.29¢, weighed down by the possibility of a ...
The fall in underlying inflation is a welcome development for many stakeholders, particularly consumers burdened by rising ...
US stocks rose on Tuesday, recovering some of the losses from a sell-off triggered by the emergence of Chinese AI startup DeepSeek, which rattled tech shares. The S&P 500 climbed 0.92% to 6,067.70 ...