As the United States emerges from the longest government shutdown in modern history, the Federal Reserve faces a daunting new challenge: Steering monetary policy through a fog of missing data. With key economic indicators delayed or suspended, including October’s all-important consumer price index, the central bank finds itself navigating blind ahead of its next rate decision in mid-December.
Share markets are skittish beasts at the best of times, but after the menacing gymnastic performance put on by the share price of embattled defence stock, Droneshield (ASX: DRO), the market is left with one seemingly unanswered question: Have the stock’s fundamentals - aka its core business – materially changed? Given that management is obliged to update the market in real-time if they have – t
Deloitte has announced the winners for it's 2025 Tech Fast 50 competition. Sponsored by ASX, Baker McKenzie, AWS, SAP and Atlassian, the awards rank the top 50 Australian tech companies based on the last three years of revenue growth. The winners this year reported a growth rate on average of 739%, which was achieved in the face of a difficult post-pandemic economic climate, when many busine
The Australian sharemarket finished lower on Friday, closing at its weakest level in six months as uncertainty surrounding United States interest rates weighed heavily on global risk sentiment. Sentiment deteriorated after the September U.S. nonfarm payrolls report showed 119,000 jobs were created, well above forecasts for 50,000. The S&P/ASX 200 Index dropped 136.2 points, or 1.6%, to 8,416
The United States posted its highest unemployment rate in four years for the month of September, despite steady job growth. The new numbers, released by the U.S. Bureau of Labor Statistics, were highly anticipated as the Trump administration confirmed this past week that they would not be publishing the newest unemployment data from October, citing the record government shutdown as the reason.
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The United States communications regulatory board is ramping up its probes into both the BBC and the American-based ABC News. The Federal Communications Commission made the announcement on Wednesday, local time, that they would be reviewing agreements made with national networks and local broadcast stations Stateside. This came just one day after President Donald Trump criticised an ABC news
The day after a national telephone outage that prevented Optus customers from dialling the Triple Zero (000) emergency number, a Brisbane woman using the same network was able to contact police despite calling the wrong number. Optus customer Liesl Taylor dialled 911, the emergency number used in the United States and Canada, by mistake on 19 September, but was still put through to emergency se
Jeff Bezos' space technology company Blue Origin will build an upgraded version of its New Glenn rocket, including high-performance engines, and later launch a new super-heavy class rocket. The upgrades will enhance the rockets’ reusability as well as their propulsion, Blue Origin said. New Glenn 9x4, its next super-heavy class rocket, will carry more than 70 metric tonnes to low-Earth orbit.
A nuclear renaissance is unfolding right before our eyes, and the sector has a boom in energy-hungry artificial intelligence to thank for it. Intrinsic to the functioning of AI, data centres consumed roughly 415 terawatt-hours globally in 2024 - about 1.5% of total electricity demand - a figure the International Energy Agency projects will more than double to 945 TWh by 2030 and roughly equival
Talks have emerged of a secret peace deal between the United States and Russia, which could push Ukraine into a difficult position. News of these reports broke earlier this week, with anonymous U.S. official sources coming forward to outline a 28-point plan for ending the war but with heavy concessions to Russia at the expense of Ukraine. These proposals included Ukraine conceding its easter