Business
Aussies tip off ATO in record numbers
Australians submitted 250,000 tip-offs to the Australian Taxation Office regarding tax avoidance and dishonest business practices since July 2019.
Fed Raises Interest Rates for First Time in Three Years
The US central bank has raised benchmark interest rates to a range of 3.75% to 4%, marking its first rate hike in three years amid persistent inflation pressures.
Fed raises rates a quarter point as Trump demands cuts to 1% or less
The Federal Reserve has raised its benchmark interest rate by a quarter point in a unanimous vote, sparking immediate pushback from President Donald Trump.
US Federal Reserve raises key rate to 3.75%-4% after 3‑year pause
The Federal Reserve has lifted its benchmark rate to 3.75%-4% in a unanimous vote, marking the first rate increase in over three years amid persistent inflation.
OpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round
OpenAI is weighing a massive investor-initiated funding round that could push its valuation past $1.2 trillion as it prepares for an eventual public market debut.
Gold prices rebound ahead of Federal Reserve interest rate decision
Gold prices rebounded across global markets, snapping a losing streak as traders engaged in bargain hunting ahead of a high-stakes Federal Reserve policy announcement.
New Zealand sovereign wealth fund warns of looming US stock market pullback
New Zealand's national pension savings management has warned that U.S. equities are primed for a potential market correction following strong returns.
Grifols Regina plasma clinic permitted HIV-exposed donor to give plasma
Federal regulators revealed that a Grifols plasma clinic in Regina allowed an HIV-exposed donor to give plasma after a staff member altered a screening response.
Federal Reserve Expected to Hike Interest Rates for First Time Since 2023
Financial markets are overwhelmingly pricing in a 25-basis-point interest rate hike by the Federal Reserve, marking the central bank's first increase since 2023 amid persistent inflation.
Wall Street stocks slide as US Iran tensions weigh on markets
Wall Street equities suffered a sharp downturn as mounting US-Iran geopolitical tensions sent crude oil prices rebounding and sparked widespread selling across major indices.
UK inflation rate rises to 3.1% in year to August
UK inflation has climbed to 3.1% due to surging fuel and transport costs driven by Middle East tensions, heaping fresh financial pressure on households.
Senate fails to advance sweeping cryptocurrency bill in blow for industry
The U.S. Senate voted 50-49 to put the Clarity Act on hold, failing to reach the 60-vote threshold and leaving the crypto sector without clear regulation.
iAccess Alpha Virtual Best Ideas Fall Investment Conference Begins Today
The iAccess Alpha Virtual Best Ideas Fall Investment Conference has commenced, bringing small and microcap firms together as global markets navigate energy shocks and central bank decisions.
US Treasury Yields Hit Multi-Year Highs: ETFs to Gain
U.S. Treasury yields have surged to their highest levels in nearly two decades, driven by escalating energy prices and monetary policy expectations.
AI leaders clash over safety regulations at Dreamforce panel
Artificial intelligence leaders clashed over government oversight and development pacing during a high-profile panel discussion.
CUPE health-care workers vote 99 percent for strike in Saskatchewan
Over 13,000 CUPE health-care workers in Saskatchewan have voted 99 per cent in favor of a strike, setting the stage for potential medical facility disruptions.
Ottawa fast-tracks CRA tax rulings for billion-dollar investments
The federal government is prioritizing Canada Revenue Agency tax rulings for major investments of $1 billion or more to eliminate regulatory friction and attract foreign capital.
Apple Defends iPhone Repair Terms in India Amid iOS 18 Complaints
India's consumer protection regulator is investigating Apple over software warranty practices after iOS 18 updates allegedly caused hardware damage and steep repair bills.
Gold Falls Below $4,300 as Dollar and Treasury Yields Rise
Precious metals faced downward pressure as spot bullion slipped beneath $4,300 amid a strengthening US dollar and rising Treasury yields.
UK bond yields hit 2007 high as Middle East conflict drives oil above $107
UK borrowing costs have climbed to their highest level in nearly two decades as escalating Middle East tensions drive up Brent crude prices and spark a global sovereign debt sell-off.