Markets

Lisa Cook, governor of the US Federal Reserve.

Trump orders removal of Federal Reserve Governor Lisa Cook

The unprecedented move constitutes a sharp escalation in the US President’s battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

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Bendigo Bank chief executive Richard Fennell in Perth last month.

Bendigo’s Up digital bank racks up record year

Up’s customer numbers leapt 29 per cent to 1.2 million in the 2025 financial year, fuelling an 11 per cent jump across the Bendigo group to 2.9 million customers.

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Europe’s leaders are stuck between balancing spending and fending off hard right parties pledging tax cuts.

Fear the deficit-populism doom loop

Politicians, particularly in Europe, are in a terrible bind.

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GYG co-CEOs Hilton Brett and Steven Marks.

Holy guacamole! Guzman y Gomez shares smashed

Guzman y Gomez investors have deserted the Mexican-themed restaurant chain even after it declared a maiden dividend and cracked $1 billion in sales for its nachos, burritos and tacos for the first time.

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Traders are now focused on the Fed's annual symposium, where Chair Jerome Powell will speak. (AP PHOTO)

Wall Street down as investors brace for Powell's speech

Investors' eyes will be on the Jackson Hole Economic Policy Symposium, where Fed Chair Jerome Powell is scheduled to speak on Friday.

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The Australian share market is on a another record streak.

Share market cracks 9000 points for first time

The S&P-ASX200 closed at a new peak of 9019.1 points on Thursday for a gain of 1.1 per cent, just four months after plumbing 7400 when markets tanked on US President Donald Trump’s tariffs.

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Breville chief executive Jim Clayton said its coffee machine products once again led performance across the portfolio in 2025.

Breville dodges US tariff threat as coffee machines surge

Home appliances maker Breville says it has managed to dodge Donald Trump’s tariffs — for now — by bringing forward early products into the US before the President’s April orders.

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