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News
Hotter Inflation Raises Prospect of September RBA Rate Hike
10+ hour, 17+ min ago (1189+ words) Hotter-than-expected inflation has raised expectations that the Reserve Bank of Australia (RBA) could deliver another interest rate hike as early as September, with housing costs continuing to be a key driver of price growth. Three of the nation’s big four…...
Solar Sharer Faces Concerns Over Higher Charges
1+ day, 10+ hour ago (301+ words) Oz Arab Media According to The Guardian, Australia’s Solar Sharer energy plan offers customers in Queensland, New South Wales and South Australia three free hours of electricity in the middle of the day, but higher charges outside that period could…...
Survey Urges Warsh to Detail Economic Views
2+ day, 15+ hour ago (289+ words) Oz Arab Media According to Cnbc, 80% of 31 respondents to a special Jackson Hole edition of the CNBC Fed Survey said Federal Reserve Chairman Kevin Warsh should provide more insight into his economic views. Warsh is scheduled to deliver his first…...
Economists See Mixed Signals on Economy’s Shape
2+ day, 21+ hour ago (356+ words) Oz Arab Media According to Cnbc, Treasury Secretary Scott Bessent says the K-shaped economy is over and the U.S. is moving toward a “C” economy, in which lower-wage earners are beginning to recover. The K-shaped label, which emerged during the Covid…...
Digital shift challenges older Australians’ independence
3+ day, 9+ hour ago (294+ words) Oz Arab Media According to ABC News, older Australians are struggling to retain independence as banking, government support and other everyday services move online. The gap is placing greater responsibility on relatives, neighbours and retirement-village staff who help people navigate…...
Markets Watch Midterms for Debt Ceiling Risks
3+ day, 4+ hour ago (356+ words) Oz Arab Media According to Cnbc, markets are beginning to focus on the 2026 midterm elections, which are 10 weeks away and could end Republican control of Congress under President Donald Trump. Democrats are favored to win at least one chamber in…...
Equal-Weight S&P 500 ETF Tops $100 Billion
5+ day, 15+ hour ago (327+ words) Arabic version: صندوق S&P 500 متساوي الأوزان يتجاوز 100 مليار دولار According to Cnbc, the Invesco S&P 500 Equal Weight ETF, or RSP, surpassed $100 billion in assets for the first time this month. The fund, described as the oldest, largest and…...
Guardian Readers Consider CO2-Filled Car Tyres
5+ day, 7+ hour ago (165+ words) Arabic version: قراء الغارديان يتأملون إطارات السيارات المملوءة بثاني أكسيد الكربون According to The Guardian, a reader has asked whether filling the tyres of every vehicle on the planet with carbon dioxide could lock up enough carbon to significantly reduce…...
President Salva Kiir in Pretoria Seeking Support Ahead of South Sudan’s December Elections
5+ day, 10+ hour ago (265+ words) South Sudanese President Salva Kiir Mayardit travelled to Pretoria on Sunday for talks with South African President Cyril Ramaphosa, with discussions expected to focus on bilateral relations, the implementation of the peace agreement and preparations for South Sudan’s planned general…...
Analysts Back CrowdStrike, Dell and SanDisk Growth
5+ day, 10+ hour ago (285+ words) Oz Arab Media According to Cnbc, top Wall Street analysts remain positive on CrowdStrike, Dell Technologies and SanDisk, citing long-term growth opportunities tied to cybersecurity, artificial intelligence infrastructure and storage. The outlook comes as geopolitical uncertainty in the Middle East…...