Federal Reserve
Opinion
Interest rates
Donald Trump is on a collision course with an old foe
Donald Trump tried to fire Jerome Powell during his presidency before discovering he didn’t have the authority. Now the Fed chairman is set to throw a spanner in the works heading into November’s election.
- by Stephen Bartholomeusz
Latest
Opinion
Interest rates
The tale of Mrs Watanabe and two central banks
If the Bank of Japan ends up raising rates even as the US fed is contemplating a cut, it will unleash an unprecedented level of volatility in currency markets.
- by Stephen Bartholomeusz
Opinion
World markets
$1.1 trillion wipeout: Wall Street just got hit with a reality check
Wall Street has been riding an AI wave, but it just recorded its worst day since 2022 after investors were spooked by results from two of the world’s biggest companies.
- by Stephen Bartholomeusz
Opinion
US Votes 2024
Trump’s radical policy agenda looms larger after the shooting
A second Trump presidency could lead to a new breakout of inflation in the US, even as the Federal Reserve board’s independence would be under threat.
- by Stephen Bartholomeusz
Updated
World markets
ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- by Millie Muroi
Opinion
Sharemarket
Wall Street is disconnected from reality
Wall Street is ignoring what is happening in the world’s biggest economy.
- by Stephen Bartholomeusz
Opinion
Interest rates
How the Trump-Biden debate increased the chance of a rate rise in Australia
A rise in Australian bond yields this week shows how a showdown between two elderly and less-than-impressive politicians could send ripples of unease throughout the global system.
- by Stephen Bartholomeusz
Updated
Sharemarket
ASX retreats as tech firms slide; coal miners surge after mine fire
Eight out of the 11 ASX sectors ended Monday’s trading session in the red, with a surge in the shares of coal miners helping to temper some of the losses as the benchmark index fell 0.2 per cent.
- by Millie Muroi
Opinion
Regulation
The multitrillion-dollar threat that could spark another financial crisis
A fast-growing part of the financial system is setting off alarm bells.
- by Stephen Bartholomeusz
Updated
Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- by Millie Muroi
Exclusive
Trump's White House
Trump 2.0: Why a second presidential term could lead to a new financial crisis
Donald Trump plans to “rebuild the greatest economy in history” if he wins a second presidential term. Experts fear a new financial crisis.
- by Shane Wright