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Two events over the last week illustrate why Donald Trump’s victory will give heart to Peter Dutton that he has a real chance now to consign Labor to one-term status at next year’s federal election. One was the High Court accepting the arguments of refugee advocates that around 150 foreign-born convicted criminals, including scores of […]
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 […]
President-elect Donald Trump won the US election partly on campaign pledges to tame inflation – a sore spot for voters over the past three years – but some analysts point to the trade war that he launched on China in his first term as one cause for the higher prices. Trump had vowed throughout his […]
If former Reserve Bank governor Philip Lowe will never live down his notorious statement that we shouldn’t expect interest rates to rise until 2024, what to make of his successor, Michele Bullock, and the RBA board, and their extraordinary statement yesterday trying to explain why, despite clobbering the economy into a coma, they’re not prepared […]
Key events Show key events only Please turn on JavaScript to use this feature Shadow treasurer Angus Taylor says the country is off track, and asks why Australian families are paying the price for the government’s “reckless spending”. Treasurer Jim Chalmers says the Coalition gave Australia much higher public debt and student debt, while Labor […]
THE Philippines’ inflation rate went up to 2.3 percent in October from 1.9 percent in September 2024, bringing the year-to-date average inflation to 3.3. In a statement, the National Economic and Development Authority (Neda) said the country’s year-to-date inflation remains within the government’s target range of 2.0 to 4.0 percent, despite a slight uptick in […]
article FILE-Consumers shop for items at a Trader Joes in New York. (Photo by Robert Nickelsberg/Getty Images) A prominent economist and educator is warning that Americans squeezed by the highest inflation rates in four decades are unlikely to see prices come down in the future. Allianz chief economic adviser Mohamed El-Erian said Sunday that while […]
Video Game Console Launch Prices Over Time This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. While home console gaming’s share of the gaming industry market has been shrinking over the years, many gamers still turn […]
Rents skyrocketed after the pandemic, and they’re not showing any signs of slowing down. Now, consumers are either moving to different states or downgrading their apartments to save money. Bank of America shares the top eight cities people are moving to for cheaper rent. Thanks for signing up! Access your favorite topics in a personalized […]
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