Markets

Donald Trump’s ‘big, beautiful’ budget bill and chaotic policymaking has put the once-unquestionable haven status of US Treasuries up for debate.

The JPMorgan Chase boss is already heading up the biggest bank America has never seen. But he’s looking to go even bigger.

Myer has posted a mixed trading update, with a better performance from its chain of department store but a big drop in sales from its newly acquired Apparel Brands fashion portfolio.

Two books tell a similar tale about OpenAI. It is worrying.

In handing down its second rate reduction of 2025, the Central Bank noted the challenges ahead in a statement that used the word ‘uncertainty’ 122 times.

JACKSON HEWETT: Apart from a widely predicted 0.25 per cent cut, the Reserve Bank also delivered something of a coded warning to the Treasurer. 

It’s a cut! A second dose of mortgage relief is on the way for Aussie borrowers after the Reserve Bank lowered interest rates 0.25 percentage points.

Electric vehicle sales in China rose 58 per cent year-on-year in April, a positive sign for struggling WA lithium miners with the battery commodity’s price running low on juice.

Donald Trump is hurting products from Coca-Cola to Jack Daniel’s.

JACKSON HEWETT: The RBA is set to take interest rates below 4 per cent for the first time in two years tomorrow. But that may be where the good news ends.

Mineral Resources has named its man to lead a rebuild of the miner’s depleted board and regain the trust of shareholders left burnt by a series of scandals.

Revenues from border levies will be lower than he expects.

US stocks have opened little changed as investors monitored political developments on tax legislation.

US stocks opened slightly higher, buoyed by the more promising trade outlook between Washington and Beijing and new inflation data.