The news: The European Central Bank cut its deposit rate by 25 basis points to 2.75%, the lowest since early 2023. The numbers: It was the central bank’s fifth reduction since June and was an ...
The number of Americans filing new unemployment claims dropped by 16,000 to a seasonally adjusted 207,000 for the week ending 25 January, according to the US Labor Department.
US economic growth slowed in the final quarter of 2024, expanding at an annualised 2.3%—lower than economists’ expectations—after a 3.1% rise in the previous quarter, according to the Bureau of ...
Wine maker and distributor Treasury Wine Estates was one of the top performers across the ASX 200 after new export data from Wine Australia showed growth in local exports to China during 2024.
NAB has followed Westpac, UBS and Bendigo Bank in bringing forward its expectation for the Reserve Bank's next interest rate cut after a lower-than-expected inflation result for the December quarter.