Business

A tech wreck sparked by over-exuberance for artificial intelligence is among the top threats to an otherwise “resilient” global economy in the year ahead, according to the International Monetary Fund.

Much is made of the ‘independence’ of the RBA from government. But just as a mafia boss does not need to issue written instructions to an underboss, nor does a treasurer need to spell things out to the board.

City Chic has signalled a sales recovery in the US following Donald Trump’s tariffs, with the retailer replenishing new-season stock in anticipation of customers flocking to its stores for summer clothes.

Donald Trump has heightened fears of trade war between the United States and Europe, sending investors ducking for cover and ASX-listed gold stocks to fresh heights. 

VGW says the deal provides for its portfolio of online social games to “collaborate with WWE across multiple platforms, providing premium entertainment experiences” for players in its flagship market of the US.

THE ECONOMIST: Mining mergers are back in style, but consolidation will not ease the shortage.

Geopolitical tensions have sent jitters through equities markets after the United States took a more aggressive tone on plans to acquire Greenland.

Billionaire wealth surged 16 per cent last year while millions of Australians struggled with poverty and food insecurity, prompting calls for urgent tax reform.

Mortgage holders could face a brutal double blow, as inflation returns and the unemployment rate will likely jump.

Test cricket, like life, is a long game.If we prepare well, stay patient, respect the process, remain humble and work together, that’s where real success lives, says Justin Langer.

Jeff Bezos’ Amazon Web Services empire will buy the first batches of a purportedly less water and emissions intensive copper cathode from Rio Tinto to build US data centres. 

Embattled telco Optus is offering fewer deals compared with major rivals despite its battered reputation following last year’s fatal triple-0 outage.

As January 26 approaches, major Aussie retailers and venues have made clear how they plan to approach Australia Day, as the tide appears to shift on changing the date.

THE ECONOMIST: As the AI bonanza outpaces the power grid, tech giants are building their own energy plants and disguising their debt.

Australians are spending more going out to pubs and restaurants, and trying to lose weight.