Maeve Turner
Brent oil price drop eases US bond market and lifts stocks
Brent oil price drop eases US bond market and lifts stocks
Young Australians first to fall behind on home ownership, report shows
The share of 25‑34 year olds owning a home has fallen to an 80‑year low, the lowest since the 1940s, making Australians the first generation to lag in home ownership.
OnlyFans owner paid more than $700m in dividends before his death
OnlyFans owner paid more than $700m in dividends before his death
Target pulls offensive Halloween clown costume after backlash
Target removed a children's Halloween clown costume that critics said resembled blackface and minstrel caricatures, following backlash on social media.
Asian shares mixed as US sanctions Iran see oil prices fall
Asian shares were mixed as U.S. sanctions on Iran caused oil prices to fall, while European indices rose modestly.
Asian stocks slip as SK Hynix, Samsung lead chip sell‑off
Asian equity markets slipped after heavy selling in semiconductor giants SK Hynix and Samsung Electronics dragged regional indices lower amid AI valuation concerns.
US unveils 'economic D-Day' of sanctions to isolate Iran
Treasury Secretary Scott Bessent announced an expansion of secondary sanctions to isolate Iran financially, targeting nearly 60 entities and vessels.
Paramount Skydance extends exchange and tender offer deadlines to Sept 4
Paramount Skydance extended its cash tender and note-exchange offer deadlines to September 4, 2026, aligning with its Warner Bros. Discovery merger timeline.
Scott Bessent's Treasury bond intervention fails as yields stay high
Despite doubling its monthly bond buybacks to $4 billion, the U.S. Treasury failed to curb long-term yields as 30-year rates returned to 5.28%.
TCS to acquire Porsche IT unit MHP for €320 million in five-year AI deal
Tata Consultancy Services has agreed to acquire Porsche's IT consulting subsidiary MHP for €320 million in a deal backed by a five-year partnership.
Bitcoin developers propose BIP-361 to freeze quantum-vulnerable addresses
Bitcoin developers have introduced BIP-361 to freeze quantum-vulnerable addresses as the industry prepares for advanced quantum computing threats.
UPS commits over $2bn to faster, more resilient global logistics network
UPS has committed a multi-year investment exceeding $2 billion to upgrade its international, healthcare, and supply chain solutions networks through 2028.
Michael Burry shorts Nvidia as artificial intelligence bubble concerns grow
Famous investor Michael Burry has opened a short position against chipmaker Nvidia, spotlighting growing concerns over artificial intelligence infrastructure costs and market valuations.
EU stocks tread carefully ahead of US sanctions on Iran
European equities opened on a cautious footing as traders positioned themselves for upcoming US Treasury sanctions on Iran and monitored surging gold prices.
Foundayo weight‑loss diabetes pill hits UK pharmacies, warns of fakes
Foundayo weight‑loss diabetes pill hits UK pharmacies, warns of fakes
Tempsens Instruments IPO books 21.66x, GMP hits 104% of top band
Tempsens Instruments IPO books 21.66x, GMP hits 104% of top band
Kospi falls 1.4 per cent as Asian stocks dip on AI and Fed meeting focus
Asian markets retreated as investors weighed AI valuation concerns and awaited Federal Reserve guidance, with South Korea's Kospi index dropping 1.4 per cent.
Oil Prices Slide 2% as Markets Brace for Bessent's Economic D-Day
Global crude benchmarks pulled back significantly as traders locked in profits ahead of U.S. Treasury Secretary Scott Bessent's impending policy announcements.
Payload Funding Push Highlights Demand for Embedded Payments
Cincinnati-based startup Payload secured its first significant outside capital in an investment led by Fifth Third, highlighting demand for embedded payments.
Software engineer claims AI is eroding meaning in coding
Software engineer Sambhav Gandhi warned that reliance on AI agents is turning code into an unreadable black box, sparking industry debate.