Premier Investments’ Solomon Lew has painted a bleak picture for consumer sentiment as he warned Australians not to expect any relief in the Federal Budget due to excessive government spending.
Myer boss Olivia Wirth is confident she has the new growth strategies in place to establish the 125-year-old department store as a retail powerhouse amid tough trading conditions.
An independent review into the actions of WiseTech’s scandal-prone founder Richard White has revealed he made incomplete and, at times, misleading disclosures about personal relationships.
US stocks have rebounded as investors hunted for bargains at the end of a tumultuous week in which US President Donald Trump’s escalating trade war fuelled recession fears and doused risk appetite.
JACKSON HEWETT: The White House is delivering more tariff twists and turns than an out-of-control Tesla and for many US consumers, America is most definitely not great again.
US Commerce Secretary Howard Lutnick has come out swinging against Australia as he strongly defended the 25 per cent tariffs imposed by the Trump administration on steel and aluminium.
US stocks opened higher on indications of slowing inflation, but investors are still wary of the fall out from President Donald Trump's tariff policies.
With last-minute entreaties failing to dissuade President Trump from his protectionist path, Australian companies are now grappling with how to navigate a far more volatile world.
The ripple effect of US President Donald Trump’s ever-changing global trade war continues to cut a bloody path through Aussie stocks, with the S&P-ASX200 diving deeper in the red on Wednesday.
Investors have turned increasingly nervous about US President Donald Trump’s supposedly business-friendly policies, and the jitters intensified when he refused on the weekend to rule out a recession.
During Donald Trump’s first term, investors came to believe that his administration’s focus on tax cuts and deregulation would ultimately overwhelm his unpredictable tendencies. This time, it’s different.