Australia's unemployment rate has fallen to 3.9 per cent, even though only 4,000 new jobs were created in April. Key points: <ul><li>Australia's unemployment rate has dropped below 4 per cent for … [+5471 chars]
The CEO of the latest major Aussie construction firm on the brink of collapse died just days before the crisis talks.Building giant Metricon is in urgent crisis talks with clients after falling into … [+4777 chars]
Health authorities in Shanghai are facing "huge" pressure to keep China's most populous city free of COVID-19 as residents are counting down the days until June 1 and the end of their lockdown after … [+5317 chars]
Vinegar is a powerhouse when it comes to cleaning. The pantry staple is cheap and free of nasty chemicals making it a fantastic option for all sorts of cleaning tasks. It's particularly good when i… [+3021 chars]
Mike Novogratz broke his silence on the TerraUSD meltdown, calling it a big idea that failed and warning that the tough environment for cryptocurrencies will continue. The founder of Galaxy Digital … [+1404 chars]
Its first and overarching conclusion is that there is a limited future for most cryptocurrencies. The broad replacement of fiat currencies globally by cryptocurrencies is unlikely to materialise. Th… [+2561 chars]
After accounting for inflation, Australian wages have collapsed over the past year. The disconnect between wage growth and inflation would be devastating for household budgets across the country, he … [+1774 chars]
The European Commission (EC) will roll out carbon contracts for difference (CCfD) subsidies (see panel below) for green hydrogen using cash from its Innovation Fund to support a full switch of the ex… [+5095 chars]
Netflix on Tuesday said it had sacked about 2 per cent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service. Key points: <ul><li>The majority … [+2756 chars]
Eccentric billionaire Elon Musk has once again made global headlines, after taking to Twitter to reveal a political bombshell.Tesla CEO Elon Musk has taken to social media to reveal he had switched h… [+3773 chars]
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So what does Woods YOLO basket have to do with a sovereign century bond? Well, everything really. Duration is the singular and powerful force that made Wood look like a genius, and the Austrian fina… [+3622 chars]