Business

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

US President Donald Trump has announced a near trillion-dollar deal with Saudi Arabia that will see investments in energy security, defence, technology and critical minerals.

THE NEW YORK TIMES: Two Chinas inhabit the American imagination: One is a technology and manufacturing superpower poised to lead the world. The other is an economy that’s on the verge of collapse.

Australia’s consumer sentiment recovered slightly in May following Anthony Albanese’s landslide election win and as prospects of future interest rate cuts become more likely.

Aussies looking to swap winter chills for an affordable escape are in luck with a major airline launching a massive week-long sale.

Shoppers are set to benefit as Australia’s biggest supermarkets go head-to-head with price cuts on essentials.

THE ECONOMIST: US and China have 90 days to prepare after serving up a tasty tariff reprieve.

JACKSON HEWETT: Negotiating by pointing a shotgun at your own toes was never going to end well.

US stocks have closed higher as investors cheered indications of easing trade tensions between China and the United States.

US President Donald Trump has revealed weight loss injections are partly the reason he has waged war on the price of medicines, revealing his administration will take action if companies do not comply with his new executive order.

The US and China have agreed to suspend most tariffs on each other’s goods in a move that shows a thawing of trade tensions between the world’s two largest economies.

THE ECONOMIST: Trump positioned himself as the American oil industry’s only hope, but now many US producers cannot turn a profit as they take hits from the trade war.

The price of gold has been on an unrelenting upward trajectory, capturing the attention of investors and economists alike.

D-Day is looming for thousands who owe the Australian Taxation Office unpaid tax, and experts fear it could trigger a wave of bankruptcies for individuals, small businesses and sole traders.

A ‘tick-the-box’ tax deduction is on the way after the re-election of the Albanese Government and Aussies could be hundreds of dollars better off. Here’s how much you can expect to get back.