ACCC sues Airbnb for allegedly misleading Australians about accommodation prices
Australia's competition watchdog has taken accommodation-sharing giant Airbnb to court, accusing the company of misleading its…
RBA raises cash rate 50 basis points, expects further inflation in 2022
The Reserve Bank has hiked interest rates by 50 basis points to take the cash rate…
Oil prices rise as China relaxes tough COVID curbs
Oil prices have risen on an expected demand recovery as China relaxes its tough COVID-19 restrictions…
Goldman Sachs COO John Waldron sees one-of-a-kind shocks in today’s economy
Goldman Sachs President and COO John Waldron said the current economic turmoil is one of the…
US jobs market remains strong in April: Labor Department
The US jobs market remains near record-high levels despite a slight dip over April, according to…
Cotton shortage puts pressure on Asian apparel makers
A spike in cotton prices is threatening Asian apparel makers, as higher costs put pressure on…
Australian economic growth slows in March quarter: ABS
New data released from the Australian Bureau of Statistics (ABS) shows economic growth slowed over the…
ASIC takes ANZ (ASX:ANZ) to court over further alleged credit card misconduct
Australia's market watchdog has launched civil penalty proceedings against Big Four bank ANZ for allegedly misleading…
House prices expected to fall next year
Australian house prices are expected to fall, as rising interest rates put increasing cost pressure on…
Snap has biggest fall to date, social media stocks lose billions
Social media stocks saw a spiral on Tuesday after Snap had its biggest fall to date,…