Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Google AI and robots discover nearly 2.2 million new crystals
A synergy of artificial intelligence (AI) and robotics, embodied in Google DeepMind’s A-Lab, has made significant strides in material science, autonomously…
Bitcoin on an ETF rally, yet again
It’s a story that has gained more coverage than any other event in recent cryptocurrency memory. Yet such is the influence of spot bitcoin exchange-traded…
Robinhood CEO defends payment for order flow, says practice is ‘here to stay’
That’s despite calls from notable consumer trading advocates and regulators for a ban on the practice.
FIVE at FIVE AU: Weak start to December trims the week’s gains
The ASX 200 started the month off with a 0.26% loss today, trimming the benchmark index’s weekly gain to 0.57%. All eleven sectors finished in…
BHP board endorses CEO Mike Henry’s relationship with Canadian National Railway CEO
BHP has endorsed chief executive Mike Henry’s personal relationship with the chief executive of Canadian National (CN) Railway, Tracy Robinson, The…
Charlie Munger said Berkshire would be worth double if he and Buffett used this common practice
“Berkshire could easily be worth twice what it is now… All we had to do is just use a little more leverage that was easily…
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.
Domestic violence advocates call for lending and mortgage reform to address economic abuse
Domestic violence has become disturbingly common – on average, one woman a week is murdered by her current or former partner. In the year 2021/22,…
Local earnings trend lower due to large weights to Financials and Materials
In its November Market Insight, State Street Global Advisors explains how Australian company earnings have diverged from global markets in 2023. In 2023,…