Biden committed to taming US inflation
Ahead of today's release of US inflation data, President Joe Biden has asserted his commitment to…
Retail spending volumes up in March despite Omicron outbreak: ABS
New data from the Australian Bureau of Statistics (ABS) shows retail sales volumes rose by 1.2…
Aussie dollar driven lower by China’s Covid restrictions and a drop in commodity prices
The Australian dollar has been driven lower by a drop in commodity prices, as China introduces…
China’s export growth slows in April amid ongoing harsh lockdowns
China's export growth slowed in April to levels not seen since 2020, though the country still…
Canada to help Ukraine export 25 million tonnes of stranded grain
Canada is set to help Ukraine export the millions of tonnes of grain currently stranded in…
Markets plummet on rate hikes and inflation concerns
Wall Street saw a sharp sell off overnight, as investors digest the Federal Reserve's decision to…
Netflix shareholders sue over subscription slump disclosures
Netflix has been hit with a shareholder lawsuit in California, accusing the streaming entertainment company of…
Major US banks lift rates in response to Federal Reserve
Major US banks have lifted their rates, after the Federal Reserve hiked the cash rate by…
Qantas (ASX:QAN) brings back Perth-London route early following COVID turbulence
ASX 200-lister Qantas Airways (ASX:QAN) brings back Perth to London flights a month early following a…
Retail sales at record level, up 1.6 per cent in March
Australian retail turnover reached a new record level, rising to 1.6 per cent in March 2022…