The US Fed jolted markets with an unexpectedly hawkish set of projections for interest rates next year, setting gold prices up for a blow — but analysts say still see solid support in 2025.
Jenni Reid
The Federal Reserve has lowered its key interest rate by a quarter percentage point, the third-consecutive reduction and one that came with a cautionary tone about additional cuts in coming years.
Jeff Cox
Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda Motor.
April Roach
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
Sam Meredith
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favourite.
Natalie Rice
Google has unveiled a new chip called Willow that it says marks a major breakthrough in the field of quantum computing, an area seen as the next frontier for many tech companies.
Arjun Kharpal
As a kid, Jack Cowin shovelled snow and sold Christmas cards for cash. By the time he reached his 20s, it was burgers. Today: The 82-year-old is a billionaire, thanks to his fast food empire.
Ernestine Siu
Bitcoin finally reached $US100,000 and investors holding the cryptocurrency in their portfolios have a few moves they’ll need to make before they celebrate.
Daniel Newell
The price of bitcoin soared past the long-awaited $US100,000 benchmark for the first time ever late Wednesday evening.
Tanaya Macheel
China is currently enacting a balancing act between pushing forward with artificial intelligence innovation while keeping control over the technology’s development.
Intel, one of the world’s leading chip-makers, has ousted it chief executive after disastrous performance over a tumultuous near four years.
Rohan Foswami and Hayden Field
Coinbase’s top policy executive expects the United States to rapidly regulate the cryptocurrency industry once Donald Trump becomes president.
Ryan Browne
Trump’s tariff announcements were far lower than some of his campaign pledges, but strategists remain wary about the potential for further announcements and the prospect for retaliatory measures.
Strategists regard hedge fund manager Scott Bessent, founder of Connecticut-based investment firm Key Square Group, as a ‘safe pair of hands’.
This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back.
Michael Santoli
The power needs of artificial intelligence and cloud computing are growing so large that individual data centre campuses could soon use more electricity than some cities.
Spencer Kimball
President-elect Donald Trump has signalled his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary.
The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books.
Jessica Golden
Musk has been so aggressive in pushing his views about Trump’s second term that he’s stepping on the toes of Trump’s transition team and may be overstaying his welcome at Mar-a-Lago, sources say.
Dasha Burns and David Ingram
China is bucking global smoking trends as cigarette sales surge in the country, powered by ‘the biggest tobacco company most people have never heard of’.
Dylan Butts
Donald Trump’s election victory marks a historic return to the White House – an extraordinary political comeback that is likely to have seismic ramifications for the global economy.
Federal Reserve chair Jerome Powell says he will not step down if president-elect Donald Trump asks for his resignation.
US lawmakers have pressured social media companies to stem the spread of disinformation since 2016.
Ashley Capoot
Searches are highest among American and Canadian consumers, but interest is also rising in Australia, the UK, Netherlands and Spain, according to McKinsey.
Monica Pitrelli
