Pony.ai debut, Hong Kong, WeRide, AI stocks
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after…
Bessent says high US interest rates may have caused housing recession
By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of…
High interest rates may have caused housing recession, Bessent says
Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury…
Albanese’s salad days are stalked by the spectres of stagflation and soaring bills
As the prime minister saunters down the RAAF VIP airstair on Sunday after another successful overseas trip some…
‘We’ve all been fed this line’
David Koch fears Australia could soon enter a ‘nightmare scenario’ where interest rates start climbing again. (Source: Getty/AAP)…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
The Fed’s balance sheet takes center stage as liquidity concerns rise
The U.S. Federal Reserve is widely expected to cut interest rates when it meets on Wednesday with little…
Bessent lists Fed chair finalists, Trump says decision by end of year
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., Oct. 22, 2025.…
How will it impact mortgages, credit cards, car loans
Federal Reserve cuts interest rates, what it means for your money The Federal Reserve cut interest rates for…