Southern and eastern Australia face an extreme heatwave, the worst since the Black Summer bushfires. Meanwhile, key inflation data could influence the Reserve Bank's interest rate decision. Follow our live coverage for updates.
The US economy expanded at a robust 4.3% annualised rate in Q3 2025, far exceeding forecasts. Discover how AI investment and consumer spending fuelled growth amid tariff uncertainty and a data-disrupting government shutdown.
US inflation decelerated unexpectedly in November, with consumer prices rising 2.7% annually. The delayed report, impacted by a government shutdown, offers crucial data for the Federal Reserve. Read the full analysis.
Asian shares traded unevenly while oil prices climbed over 1% after former US President Donald Trump moved to block sanctioned oil tankers from reaching Venezuela. Discover the latest market movements.
The latest US employment data shows 64,000 jobs created in November, beating forecasts. Unemployment rose to 4.6%. Read the full analysis of the market's reaction.
US unemployment benefit applications have fallen to their lowest level since September 2022, dropping to 191,000. This robust labour market data could influence the Federal Reserve's upcoming interest rate decision. Read the full analysis.
Bitcoin rose 0.28% to $91,878.30 on Wednesday, extending its rebound as the US dollar index fell for a ninth consecutive session. Global markets rallied on heightened Fed rate cut expectations.
US private payrolls unexpectedly fell by 32,000 in November, the largest drop since March 2023. Economists caution against overreacting to the ADP data. Read the full analysis.
Treasury Secretary Scott Bessent proposes a three-year residency rule for Federal Reserve bank presidents, potentially increasing White House influence over the independent central bank. Read the full analysis.
Donald Trump strongly indicated Kevin Hassett will be his pick for Federal Reserve Chairman in 2026, criticising current chair Jerome Powell as 'incompetent'. Read the latest on the potential leadership shake-up.
Wall Street stages a dramatic recovery, with the S&P 500 closing November in positive territory. Discover how shifting investor sentiment and key economic data fueled the rally.
Asian shares delivered a mixed performance as tech stocks retreated. Discover how Federal Reserve policy and AI developments are shaping global markets.
Asian markets advanced, mirroring Wall Street's fourth-day rally. Investors bet on a December Fed rate cut. Discover the latest on Nikkei and Hang Seng gains.
Asian shares advanced, mirroring Wall Street's rally on growing expectations of Federal Reserve interest rate cuts. Discover how global markets reacted and what it means for investors.
Asian markets showed a mixed performance following a Wall Street surge driven by expectations of a Federal Reserve interest rate cut. Key data and earnings reports are in focus.
Bitcoin suffers its worst monthly performance since June 2022, plunging 22% amid Trump's tariff threats and hawkish Fed policy. Discover what's driving the crypto crash.
Wall Street rebounds as Bitcoin plunges 22% in a month, creating market instability. Experts warn the cryptocurrency sell-off could deepen by 35%. Discover the impact on your investments.
US Bureau of Labor Statistics cancels October CPI report due to government shutdown, leaving Federal Reserve without key inflation data as it considers rate cuts. Discover the implications.
Atlanta Federal Reserve President Raphael Bostic announces retirement, creating a key vacancy as Trump administration pressures the central bank. Read the full analysis.
Atlanta Fed President Raphael Bostic will retire in February, creating a pivotal opportunity for President Trump to increase his sway over US interest rates and monetary policy.
The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.
Exclusive: Jim Chalmers reveals inflation battle far from over as Australians face ongoing cost-of-living pressures. The Treasurer warns of difficult months ahead despite RBA holding rates steady.
As the Reserve Bank governor deploys sporting metaphors, stretched Australian households face mounting financial pressure with no relief in sight for cost of living crisis.
The Reserve Bank of Australia maintains current interest rates at 4.35% for the fifth consecutive meeting as inflation battle continues. Governor Michele Bullock signals cautious approach despite economic pressures.
The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.
Financial guru Scott Pape delivers scathing assessment of Reserve Bank's interest rate decisions, claiming Australians are paying the price for economic mismanagement in cost of living crisis.
Exclusive analysis reveals American households are burning through cash reserves as high interest rates and persistent inflation create perfect financial storm.
The Federal Reserve maintains interest rates amid cooling inflation and unexpected economic strength, with new projections revealing policymakers' cautious optimism.
The Federal Reserve maintains current interest rates as inflation concerns persist and economic growth shows signs of slowing, creating global market uncertainty.
Federal Reserve Chair Jerome Powell delivers cautious message on interest rates, emphasising need for sustained inflation control before considering cuts. Market reactions and economic outlook analysed.