‘Interesting session’ for US markets overnight
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Read More »BIDENOMICS: Average 401K is down $34K since Biden took office
The average 401K is down $34K since Pres. Biden took office. Inflation and supply chain issues are hitting markets across the board. Hilary Fordwich, a global business consultant, broke it down on Monday’s “Wake Up America.” Watch Newsmax on Directv…
Read More »Chinese company XPENG’s flying car makes first public flight
Chinese electric vehicle maker XPENG has had its first public flight for their flying car. The flying car took flight in Dubai where it had an unmanned 90-minute journey in front of 150 onlookers at Skydive Dubai.
Read More »Twitter one step closer to closing deal with Elon Musk
Sky News Business Reporter Edward Boyd says Twitter is one step closer to closing its deal with Elon Musk. Overnight, Twitter’s shareholders voted in favour of selling off the social media company to Musk for $US44 billion.
Read More »NASA unveils new moon rocket
NASA has unveiled its newest moon rocket ahead of its maiden voyage. Artemis-1 has been taken to the launch pad at the Kennedy Space Centre in Florida for final preparations ahead of its launch date later this month. Artemis-1 will…
Read More »People ‘still spending’ in retail despite rising inflation
People are “still spending” a lot of money in retail stores despite rising inflation, Sky News Business Reporter Edward Boyd says. Mr Boyd said retailers such as JB Hi-Fi have recorded high revenue and profits with top-selling items such as…
Read More »Unemployment rate drop could see ‘aggressive’ interest rate rise
The Switzer Report founder Peter Switzer says if the unemployment rate goes down the Reserve Bank will need to be “aggressive” with interest rate rises. “It’s kind of a crazy situation where you kind of want it to rise if…
Read More »ABS to start releasing a ‘monthly inflation indicator’
Sky News Business Reporter Edward Boyd says the Australian Bureau of Statistics is now going to start releasing a monthly inflation indicator. “This is great news for our economy,” Mr Boyd told Sky News Australia. “From next week, they’re going…
Read More »‘Relief’ over drop in US inflation
CommSec’s Tom Piotrowski says if a drop in US inflation was not delivered, there would have been “quite a bit of volatility” in the market. US inflation dropped from a four-decade high of 9.1 per cent to 8.5 per cent…
Read More »President Biden signs PACT Act of 2022 into law
President Biden delivers remarks and signs the Sergeant First Class Heath Robinson Honoring our Promises to Address Comprehensive Toxics Act of 2022 into law. #FoxNews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX…
Read More »Soft US inflation could boost the S&P500 and gold! | MarketTalk: What’s up today? | Swissquote
Russia halted crude flows to Hungary, Slovakia, and Czech Republic yesterday because sanctions prevented payment of a transit fee. But oil bulls are also quite this week, as US and Iran could finally reach a nuclear agreement, which would then…
Read More »Fuel prices have fallen ‘substantially’
CommSec’s Tom Piotrowski says fuel prices have fallen “substantially” from the highs of the last couple of months. He said all prices last week were down by around 13 per cent. “That’s really helpful for a range of factors –…
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