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RBA delivers back-to-back hikes to 4. 35% as expected, amid Middle East
14+ min ago (115+ words) Founded in 2004, Seeking Alpha is an industry-leading financial research platform powered by one of the world's largest investing communities. We bridge the gap between financial information and actionable insight by providing unrivaled coverage on all asset classes and access to…...
May 5: Chicago loses 2, 100 restaurant jobs as industry fights mandated wage hikes
1+ hour, 25+ min ago (497+ words) Chicago's One Fair Wage ordinance, meant to replace its tipped wage structure, is leading to reduced hours for wait staff, a restaurant industry leader says." THE CENTER SQUARE " As Chicago's efforts to phase out sub-minimum wages are proposed nationwide, a…...
David Bird: AU 10-year yield target remains 6. 6% after initial 2021 rate hike call
1+ hour, 45+ min ago (167+ words) Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years....
Middle East conflict pushes Philippine inflation to 3-year high
16+ min ago (138+ words) Higher fuel, food, transport and utility costs forced inflation to 7. 2 per cent last month, the highest since March 2023 Consumer prices rose 7. 2 per cent last month, the statistics agency said on Tuesday, the highest since March 2023. That was above the 5. 5 per…...
Donald Trump shares AI image of Fed Chair Jerome Powell in dumpster, slams high interest rates - CNBC TV18
7+ hour, 12+ min ago (421+ words) Donald Trump slams Jerome Powell with AI image over high interest rates, as Fed holds rates steady and tensions over monetary policy and Powells future grow. .. US President Donald Trump on Tuesday reignited his public criticism of Federal Reserve Chairman…...
FSC forecasts 800, 000 switch annually to 5th'gen indemnity insurance in Korea
2+ hour, 25+ min ago (168+ words) CHOSUNBIZ'Chosunbiz FSC forecasts 800, 000 switch annually to 5th'gen indemnity insurance in Korea Half-price premiums for three years offered to encourage long-term switches to new indemnity plans The fifth-generation indemnity product is being launched to address premium hikes caused by excessive use…...
Australia central bank warns of rising inflation, slower growth as oil shock bites
33+ min ago (408+ words) SYDNEY, May 5 (Reuters) - Australia's central bank on Tuesday sharply raised its inflation forecasts, while downgrading the outlook for economic growth and employment as a global energy shock from the Gulf poses major challenges for monetary policy. .. ....
Singapore Retail Sales Rise 4. 8 Percent in March 2026
23+ min ago (326+ words) Singapore recorded a 4. 8 percent year-on-year increase in retail sales for March 2026, according to the latest data from the Department of Statistics (Singstat) released on Tuesday (May 5). As reported by Businesstimes, this growth represents a moderation compared to the 8. 3 percent surge…...
Reserve Bank hikes interest rates to 4. 35 per cent
29+ min ago (105+ words) AUDIO: Reserve Bank hikes interest rates to 4. 35 per cent'Australian Broadcasting Corporation AUDIO: Reserve Bank hikes interest rates to 4. 35 per cent The RBA is tipped to hand down another interest rate rise today. (ABC News: Daniel Irvine) The Reserve Bank has…...
Copom minutes should reiterate caution amid uncertainty, analysts say
1+ hour, 2+ min ago (486+ words) The attention of the financial market turns, this Tuesday (5), to the publication of the minutes of the last meeting of the Copom (Monetary Policy Committee) of the BC (Central Bank). The expectation is that the document will reinforce the cautious…...