Maeve Turner
AI token spending index falls 20% signalling loss of pricing power
A nearly 20% drop in the Silicon Data LLM Token Expenditure Index suggests that cost-sensitive users are tightening usage as the gap between investment and sales widens.
Trump claims he loves inflation as consumer prices hit three-year high
President Trump is drawing sharp criticism from Democratic leaders after dismissing concerns over rising consumer prices, which reached their highest level in three years.
Trump sparks political outcry after claiming he loves surging inflation
President Donald Trump is facing political criticism after stating he loves the latest inflation figures. The remarks have become a focal point for Democrats ahead of the midterm elections.
UK disposable incomes projected to decline through end of decade
New projections suggest the United Kingdom faces a prolonged period of economic strain, with household disposable incomes expected to decline until 2030.
Alberta and Ottawa reach energy deal to fast-track West Coast pipeline
Prime Minister Mark Carney and Premier Danielle Smith have announced a formal agreement to construct a new oil pipeline to Asian markets. The project is linked to carbon capture initiatives and has drawn criticism from political leaders and environmental organizations.
Global nursing crisis deepens as violence and poor pay trigger exodus
International nursing associations report that workplace violence, heavy workloads, and stagnant pay are driving a significant exodus of nursing staff. Organizations are now calling for policy reforms to address these retention challenges and protect health-workforce budgets.
UK inflation remains unchanged at 2.8 percent in May
The Consumer Prices Index remained unchanged in May, as cooling grocery costs were balanced by sharp hikes in transport prices. Experts are now monitoring the Bank of England's next interest rate decision amid energy price uncertainty.
Trump says he loves inflation as US housing market faces higher rates
Trump says he loves inflation as US housing market faces higher rates.
UK cost of living crisis creating a second health emergency
Rising economic instability across the UK is fueling a secondary public health crisis, characterized by increased respiratory illnesses and mental health concerns. Experts warn that the long-term impact on vulnerable populations could persist well beyond current economic recovery.
ACCC uses new powers to knock back proposed Coles supermarket in ...
The ACCC has rejected Coles' plan to lease a new site in Kalgoorlie, concluding the store would likely lessen competition and harm independent rivals.
Tesla shares slide 8 percent despite beating quarterly delivery targets
Tesla shares fell sharply despite exceeding quarterly delivery targets as investors reevaluate the company's valuation tied to AI and autonomous technology.
Qantas Unveils New Dishes in Singapore Lounges - Mirage News
Qantas is offering signature recipes from the recently closed Wing Seong Fatty’s restaurant in its Changi Airport First and Business lounges.
US hiring slows to 57,000 jobs in June as employer caution persists
U.S. employers added 57,000 jobs in June, a figure complicated by downward revisions to previous months and a decline in labor force participation.
Oil prices jump after U.S.-Iran talks collapse, erasing declines
Oil prices have increased following reports of suspended U.S.-Iran communications and ongoing threats to the Strait of Hormuz. Analysts warn that declining global stockpiles could lead to further price volatility.
OpenAI in early talks to give US government a 5% equity stake
OpenAI CEO Sam Altman has discussed a proposal to allocate a 5% equity position in the company to the U.S. government to help share the upside of AI.
US stocks slip as tech weakness and jobs data uncertainty weigh on markets
US markets face a cautious start to the third quarter as tech-sector weakness and lower-than-expected private payroll data spark investor concern. Traders are now monitoring upcoming labor reports to gauge the Federal Reserve's future interest rate decisions.
India's MeitY orders WhatsApp to pause username rollout over fraud fears
The Indian government has directed Meta to pause its WhatsApp username rollout, warning the feature could facilitate impersonation scams and complicate cybercrime investigations.
Coal India, Bharti Airtel, NMDC, Lupin, Indian Bank and others
Investors tracked a wave of corporate developments, including major project wins for Coal India and operational updates from Bharti Airtel and Hero MotoCorp.
CSLR faces $170m shortfall as First Guardian, Shield claims surge
A surge in claims from the collapse of the First Guardian and Shield super funds has created a $170 million funding gap for the Compensation Scheme of Last Resort. Government officials are considering widening the industry levy base to address the shortfall.
Petrol and diesel prices hold steady nationwide on July 1
India's state-run oil companies have maintained stable fuel prices despite volatile global crude trends. Meanwhile, Nayara Energy has reduced its prices.