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Myer has catapulted Olivia Wirth into the board’s top spot to drive the department store’s next phase of growth.
Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and clothes, reinforcing the Federal Reserve’s cautious approach to cutting interest rates.
Share prices are surging. Investors are delighted — but also nervous. Once again, every conversation about markets veers unerringly back to the same question. Is this a bubble?
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Reddit has disclosed further details of what is set to be one of the year’s biggest initial public offerings, with the company and some existing shareholders seeking to raise as much as $US748 million.
One of Australia’s most powerful superannuation funds is pitching for a seat on the board of Woodside Energy and has even put forward potential nominees to chair Richard Goyder.
US stocks have opened by dipping after mixed jobs reports, with tech stocks leading losses.
The US stock market’s seemingly insatiable appetite for all things AI continues to help push the local bourse to fresh record highs.
Wall Street has rallied after solid jobs data and comments by the Fed's Jerome Powell that suggest interest rate cuts may not be too far away.
Despite comparisons with the market conditions of the late 90s, before the burst of the dotcom bubble, UBS strategists say ‘there’s no bubble ready to go pop’. Here’s why ...
Gold’s surge to a record this week has baffled many analysts and forced traders to ask themselves just how much further it can go.
The five biggest companies in the S&P 500 now make up a quarter of the index. Markets have not been as concentrated since the ‘nifty fifty’ bubble of the early 1970s.
Wall Street’s three major indexes closed higher on Wednesday as economic data and comments from Federal Reserve Chair Jerome Powell reinforced hopes for expected rate cuts later this year.
Argonaut believes all of WA’s gold miners will reap the rewards of a new price peak for the precious metal, but the stockbroker has singled out one as the biggest winner.
U.S. crude oil futures touched $80 a barrel for the first time in nearly four months.
Federal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially after fresh inflation data showed that price pressures persist.