Australians hoping for relief from fuel price cuts in time for Easter travel are set to be disappointed, with the industry predicting the effects of Labour’s temporary tax cuts will take days or weeks to reach some people around the country. The halving of fuel duty, which starts on Wednesday until the end of June, … Read more
Prolonged conflicts change the market’s focus to bearish growth Central banks walk a tightrope; UK long-term interest rates are expected to rise by around 100 bps in March Germany is up 69bps, US is up 50bps SINGAPORE/LONDON/NEW YORK, March 30 (Reuters) – Global government bonds are headed for their biggest monthly decline in years as … Read more
The chairman of the Federal Reserve, Jerome Powell, said on Monday that he sees no risk of contagion in the private credit markets at this time that could spread to the broader financial system, although the central bank is watching the situation carefully. “We’re looking for connections to the banking system, and things that might … Read more
It can be expensive to keep the gas tank full, pay the bills, and decide what to make for dinner. Those and other costs add up over the course of a year, especially for low-income Americans. The Bureau of Labor Statistics publishes annual employment data, with the latest projections taking employment through 2024. Business Insider … Read more
As the Cleveland Browns continue their commitment to help expand football beyond the United States, the team has been granted international marketing rights in Italy as part of the NFL’s Global Markets Program (GMP). The Browns are one of the two NFL teams that will be given the Italian market in the cycle of the … Read more
Australian petrol prices tend to follow predictable cycles, but they have all gone out the window in recent weeks. In the early days of the Middle East conflict, petrol stations across Brisbane, Sydney and Melbourne raised prices faster than the rise in global oil prices, in what several leading experts said was an attempt to … Read more
Northern Trust is set to launch services for exchange-traded funds this year as ETF growth is expected to continue and other mutual funds look to enter the space. Phil Nanof, head of ETF Services, America at Northern Trust joined the firm in December 2024 to build new capabilities. Northern Trust already offers ETF services in … Read more
Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more
Benchmark oil prices extended gains on Monday, as Wall Street indexes and European shares continued in surprise trading. Dublin Euronext Dublin deepened recent losses as it slipped 0.4 per cent, with budget airline Ryanair the standout underperformer as it fell 2.9 per cent to €23.90 a share. In a generally quiet trading day, banks had … Read more
The winners are thin on the ground now. In a case of bad timing, US President Donald Trump last week planned Easter Monday as the day he would “raise hell” if Iran’s leaders reject his latest peace plan. Iran war updates: For the latest on the Middle East conflict, read our blog. It was after … Read more