Markets

Collins Foods managing director Xavier Simonet.

KFC operator flags bird flu threat to fried chicken

Australia’s biggest KFC operator Collins Foods says it is well prepared to mitigate any supply disruptions from the worsening bird flu outbreak across two States.

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AI is about to replace knowledge jobs. The Nightly

How AI is setting up an even worse version of the GFC

When the crash comes, stabilising markets will be easy compared with reordering society for AI, writes short-seller Carson Block.

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Superannuation savings are looking at another strong annual return, despite the damage inflicted on Australian shares by the Middle East war.

Nest eggs in good health despite Middle East war’s ASX toll

Superannuation savings are looking at another strong annual return, despite the damage inflicted on Australian shares by the Middle East war.

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People visit the Top of the Rock observation deck behind a Comcast corporate logo at the top of 30 Rock in Rockefeller Center, New York.

Media and tech giant’s move sparks 23 per cent share spike

The US global media and technology conglomerate behind NBC and Sky has revealed its plans to separate its businesses into two publicly traded companies.

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Westpac is forecasting the economy will grow at the slowest annual pace (outside of COVID) since the early 1990s recession.

The two things set to force interest rates up even higher

Australia’s economy is tipped to suffer the worst slowdown since 2020, when GDP plunged by 1.1 per cent over a year that included COVID lockdowns that sparked the first recession in 29 years.

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‘Big oil' are making profits from war.

War strikes gold for big oil’s secret trading arms

THE ECONOMIST: Meet the corporate gamblers who never waste a good energy crisis.

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An attack on a ship transiting the Strait of Hormuz is a sign Australia’s inflation crisis could be prolonged.

Why attack on Gulf ship is a bad sign for inflation fight

A drone attack on a Singapore-flagged ship in the Strait of Hormuz is a bad sign for Australia’s inflation fight.

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Federal Reserve Board Chairman Alan Greenspan testifies on Capitol Hill Wednesday in 2001.

Alan Greenspan, the maestro who crafted monetary music

For the former long-running US Fed chairman, the numbers were always a guide, like the notes on a piece of sheet music.

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Former US Federal Reserve Chair Alan Greenspan has died at the age of 100.

Legendary economist and former US Fed chair Greenspan dies

Alan Greenspan, who headed the US central bank under four successive presidents, has died at age 100.

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Home borrowers have been spared more pain with the Reserve Bank’s monetary policy board voting to leave rates unchanged.

Relief for Aussies as RBA leaves interest rates on hold

Home borrowers have been spared more pain with the Reserve Bank’s monetary policy board unanimously voting to leave rates unchanged for the first time since December, amid an expected end to the Iran war.

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Vessels near the Strait of Hormuz may be able to start moving again through the energy corridor. (AP PHOTO)

Aussie shares surge on latest US-Iran peace deal hopes

The ASX is on track for its best day since April on renewed hopes for a Middle East peace deal, which could deliver normality for global oil and gas supplies.

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An new book concludes that America’s very rich are in some ways better off than the very, very rich.

American capitalism is run by millionaires, not billionaires

THE ECONOMIST: This level of America’s rich hide in plain sight — and wield enormous power.

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Kevin Warsh, incoming chairman of the US Federal Reserve, left, and US President Donald Trump during a swearing-in ceremony in the White House.

The Federal Reserve must soon give Donald Trump bad news

Kevin Warsh, the unlucky new chairperson, has seen his case for lower interest rates disintegrate.

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Shoppers at a grocery store in Brooklyn on March 19, 2026. US inflation accelerated for a third-straight month in May amid a stalemate in negotiations to end the war with Iran, adding to the price pressures confronting consumers.

US inflation spikes as Iran war intensifies price squeeze

America’s consumer prices rose at a faster rate for a third-straight month in May, to 4.2 per cent annually, as the energy shock put more pressure on the US economy.

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The conflict in Iran has helped push US inflation to its highest pace in three years.

Iran war pushes US inflation to highest pace in three years

America’s inflation level hit 4 per cent for the first time in three years in May, driven by surging gas prices from the Iran war.

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Many traders on Wall Street expect the Fed will need to hike interest rates to curb inflation. (AP PHOTO)

Iran war pushes US inflation to highest pace in three years

America’s inflation level hit 4 per cent for the first time in three years in May, driven by surging gas prices from the Iran war.

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High inflation would stop the Reserve Bank slashing interest rates.

Fears Reserve Bank won’t be able to cut rates in recession

The Reserve Bank is expected to leave rates on hold next week but there are fears inflation is so high it won’t be able to cut rates even if Australia fell into a recession.

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