Australia inflation meets expectations at 3.6%, reaching a six-quarter high
The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is “too high.”
Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
The dollar dropped about 1.3% on Tuesday.
South Korea’s Kospi hits record high for second straight session as the region trades mixed
South Korea’s Kospi hit a second straight day of record highs Wednesday after U.S. President Donald Trump struck a conciliatory tone on his tariff threat against Seoul.
S&P 500 briefly surpasses 7,000, then closes little changed as Fed keeps rates steady: Live updates
The S&P 500 briefly surpassed the 7,000 threshold during Wednesday’s session, but ultimately ended the day near flat.
The Fed releases its latest interest rate decision Wednesday. Here’s what to expect
This week’s meeting offers little suspense and probably not much action, even as massive changes loom over the Fed’s longer-term direction.
Stephanie Link is buying shares of this turnaround story. The comeback could become clear this week
Hightower’s Stephanie Link lays out the case for Starbucks ahead of earnings Wednesday.
Silver is retail traders’ new obsession as record numbers bet on rally — and on a crash
The iShares Silver Trust, or SLV, saw its largest ever flood of new cash from individual investors.
Mozilla is building an AI ‘rebel alliance’ to take on industry heavyweights OpenAI, Anthropic
Mozilla is looking to deploy its roughly $1.4 billion in reserves to support “mission driven” companies and nonprofits, and is particularly focused on AI.
Anthropic CEO Dario Amodei warns AI may cause ‘unusually painful’ disruption to jobs
“The pace of progress in AI is much faster than for previous technological revolutions,” the Antrhopic CEO said in latest comments about AI’s impact on jobs.
LVMH beats earnings expectations as China recovery mounts
LVMH beat earnings expectations for a second straight quarter amid a China recovery that is starting to show up in luxury companies’ balance sheets.
