Stock market today: Asian markets churn upward after the Dow ticks to another record high

Stock market today: Asian markets churn upward after the Dow ticks to another record high

BANGKOK (AP) — Asian shares powered higher on Friday after the Dow Jones Industrial Average climbed to another record on excitement that the Federal Reserve might cut interest rates several times next year. U.S. futures and oil prices also advanced. Hong Kong led Asia’s gains with property developers jumping after some Chinese cities eased buying … Read more

Australians warn of dodgy loans as thousands of complaints made to government body

Australians warn of dodgy loans as thousands of complaints made to government body

Finance lenders are under increased scrutiny after claims of dodgy loans in Queensland. Matthew Timms, 24, was interviewed by 7NEWS after a frustrating ordeal with finance company, Pepper Money, which specialises in ‘consumer lending and residential mortgages’, according to their website. Timms purchased a four-wheel drive car for camping and off-road driving and was recommended … Read more

Old Pension Scheme to restrict states’ capacity to undertake development activities: RBI

Old Pension Scheme to restrict states’ capacity to undertake development activities: RBI

Mumbai: Sounding a note of caution, a Reserve Bank report has said that reverting to the DA-linked Old Pension Scheme (OPS) will exert huge pressure on state finances and restrict their capacity to undertake developmental expenditure. The Reserve Bank’s report on ‘State Finances: A Study of Budgets of 2023-24’ also said the provision of non-merit … Read more

Sir Stephen Lovegrove to chair Rolls-Royce-led nuclear consortium | Rolls-Royce

Sir Stephen Lovegrove to chair Rolls-Royce-led nuclear consortium | Rolls-Royce

A former national security adviser Sir Stephen Lovegrove is to join the Rolls-Royce-led consortium developing small nuclear reactors as chair of its board, raising concerns about the revolving door between the public and private sectors. The role, which has been approved by the Advisory Committee on Business Appointments (Acoba), will begin in the new year. … Read more

How did the labor market change in 2023?

How did the labor market change in 2023?

(NewsNation) — Americans were told taming inflation could come at a high price: Their jobs. Cooling the red-hot post-pandemic labor market is one of the main reasons the Federal Reserve started raising interest rates back in March 2022. By September of 2022, Harvard economist Jason Furman warned to get inflation down to 2% “we may … Read more

Westpac customers offered more convenience for cash transactions

Westpac customers offered more convenience for cash transactions

Westpac customers will have more bank branches available for cash transactions as part of a new plan to support customer accessibility. The company said customers can visit any Westpac, St George, BankSA or Bank of Melbourne branch across Australia for their cash transactions, with new technology now connecting the branch network. “This completes a major … Read more

‘Electronics, services exports to contain slide in growth rate;overall trade may dip 2.6 pc in 2023’

‘Electronics, services exports to contain slide in growth rate;overall trade may dip 2.6 pc in 2023’

New Delhi: Robust exports performance in electronic goods, particularly smartphones, and services sectors will help India contain the fall in growth rate of overall trade, which is expected to decline by 2.6 per cent in the current year, a report said. Economic think tank Global Trade Research Initiative (GTRI) in its report said that despite … Read more

The top 15 jobs people want to quit the most, according to a recent survey

The top 15 jobs people want to quit the most, according to a recent survey

(KTLA) – The results of a recent survey suggest that some of us can’t wait to leave our current jobs. The poll, conducted by the software firm Payscale, identified the top 15 jobs workers are planning to quit partially due to stressful work environments, return-to-office mandates, low compensation packages and the current state of the … Read more

Nationwide ANZ banking outage reported by customers left without access

Nationwide ANZ banking outage reported by customers left without access

A technical issue locked ANZ customers out of their accounts for several hours, with the bank scrambling to address the nationwide outage and get services back online. A spokesperson for the bank confirmed the issue on Friday afternoon, saying it was affecting the ANZ app, online banking, credit and debit card transactions, as well as … Read more