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From Nachos To AirPods & International Flights: CPI Inflation Basket Gets Makeover To Track Spending
1+ min ago (362+ words) India's revised consumer price index (CPI) series, set to be released on February 12, marks a major shift in how inflation is measured India's revised consumer price index (CPI) series, set to be released on February 12, marks a major shift in…...
Gold remains steady above $5,000 as geopolitical tensions drive demand
5+ min ago (616+ words) Meanwhile, the Unemployment Rate fell to 4.3% from 4.4%, defying expectations for no change. These figures suggest a tightening labor market. Typically, strong employment data supports the U.S. Dollar and limits upside in gold. However, the metal held its ground, signaling that geopolitical…...
What to Expect for Bitcoin and Crypto Ahead of This Week's Inflation Data
11+ min ago (444+ words) What to Expect for Bitcoin and Crypto Ahead of This Week's Inflation Data Investors are now eyeing this week's release of January's delayed inflation print, following a hot labor report on Wednesday that showed the economy added 130,000 new jobs for…...
Taiwan's AI-powered economy soars in the shadow of bubble fears and China threats
12+ min ago (609+ words) Taiwan's AI-powered economy soars in the shadow of bubble fears and China threats'Midland Daily News The area is where Nvidia plans to build its new Taiwan headquarters as it rapidly expands on the island, set to surpass Apple to become…...
RBA urges more high-rise amid home-building constraints
15+ min ago (28+ words) Builders are telling the Reserve Bank that it is 'very challenging' to get high-rise projects approved in NSW, but houses are at least becoming faster to build....
Asia shares mostly gained after Wall Street wobbled over strong jobs report
16+ min ago (494+ words) HONG KONG " Asia shares were mostly higher Thursday and benchmarks in Japan and South Korea reached new records after Wall Street wobbled following a better-than-expected U.S. job report. U.S. futures edged higher. Tokyo's Nikkei 225 surpassed the 58,000 mark early in the session as…...
Asia shares mostly gain after Wall Street wobbled over strong jobs report
16+ min ago (466+ words) U.S. futures edged higher. Tokyo's Nikkei 225 surpassed the 58,000 mark early in the session as trading resumed after a holiday. However, it gave up those gains, edging just 10 points lower to 57,639.84. Japanese shares have rallied following Prime Minister Sanae Takaichi's landslide victory…...
Hunters have the upper hand in WA jobs market
27+ min ago (345+ words) Matt Mckenzie has chased stories as a journalist for nearly a decade. He's covered economics, energy, major projects, insolvencies and more. Whether it be red tape delaying investment, investigating the construction bubble, or holding the State's most powerful to account,…...
Federal Reserve’s Crucial Signal: Hammack Declares Labor Market Stabilizing as Policy Approaches Neutral
37+ min ago (519+ words) Pound Sterling Plunges: Softer UK Q4 GDP Data Crushes Rate Cut Hopes Governor Hammack's analysis reveals significant progress in labor market normalization. The Federal Reserve monitors multiple indicators to gauge employment conditions. Recent data shows unemployment holding steady at 4.1% for three…...
EUR/JPY Forecast: Drops to 181.00 as bears eye 100-day SMA break
46+ min ago (543+ words) The EUR/JPY cross extends this week's sharp retracement slide from the 186.25 region for the fourth straight day and drops to over a two-month low during the Asian session on Thursday. Spot prices currently trade around the 181.00 mark, down nearly…...