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News
Hamish Pepper: What's the reasoning behind RBNZ's decision to hike the OCR? - Smart Money
2+ hour, 7+ min ago (67+ words) iHeart The RBNZ recently hiked the OCR from 2.25% to 2.5%, and experts are expecting around another 1% of hikes over the next year, as managing inflation risks take priority over the weaker economy. But when will our economy start turning around? Hamish…...
Latest Consumer Price Index Offers A Look At Inflation
3+ day, 21+ hour ago (229+ words) Inflation in the United States saw a slight increase from June to July, according to the latest Consumer Price Index (CPI) report released by the Bureau of Labor Statistics. The CPI, a key measure of inflation, rose by 0.1% during this…...
Chris Small: ABC Business Sales CEO on the unemployment rate rising to 5.6%, impact of AI - Early Edition with Ryan Bridge
6+ day, 4+ hour ago (97+ words) AI might be contributing to our rising unemployment rate. Stats NZ data shows unemployment jumped to 5.6% in the June quarter, up from 5.3% in March. It's the highest rate in 11 years and higher than most economists had been picking. ABC Business…...
Alan McDonald: Employers and Manufacturers Association Head of Advocacy on the unemployment rate rising to 5.6% - The Mike Hosking Breakfast
1+ week, 2+ day ago (116+ words) The Employers and Manufacturers Association says businesses are forging ahead despite a sluggish economy. The unemployment rate rose to 5.6% in June – the highest level in 11 years. Economists point to the war in Iran as one factor behind the rise, creating…...
Economy Slows Amid Iran Conflict Impact
2+ week, 2+ day ago (262+ words) A recent report reveals that the U.S. economy has slowed more than anticipated, primarily due to the ongoing conflict in Iran. The latest GDP figures indicate that the economy grew at an annual rate of 1.5% during the three-month period ending in…...
Kelly Eckhold: Westpac Chief Economist says NZ on the cost of living rising 3.2% in the year to June - The Mike Hosking Breakfast
2+ week, 3+ day ago (103+ words) An economist says New Zealand is no longer in a cost of living crisis. New Stats NZ data shows the cost of living for the average New Zealand household increased 3.2% in the year to June 2026 quarter. It's the largest jump…...
Trump Urges Fed To Cut Interest Rates Amid Inflation Concerns
2+ week, 5+ day ago (54+ words) iHeart The Fed's decision-making process reflects a "family fight," as Warsh described, with differing views on how to address inflation and interest rates. The upcoming announcement is highly anticipated, as it could signal the Fed's stance on managing inflation and…...
Ryan Bridge: We don't have the money for corporate welfare - Early Edition with Ryan Bridge
3+ week, 4+ day ago (346+ words) A $60 million corporate welfare cheque for Golden Bay Cement is fixing a symptom but not the disease. It's taxpayer money. It's not a loan – it's free money. Owner Fletcher Building has agreed, in return, to keep the thing open till…...
Ask HTM - Societal Impact of Credit Card Fees, Auto Transfer vs Auto Invest, & Shielding Your Credit Report from a Bill in Collections #1165 (Bestie Ep) - How to Money
1+ mon, 1+ day ago (152+ words) We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask, send us…...
Rawdon Christie: Real estate agent on house prices continuing to fall in Cotality's latest Home Value Index - Early Edition with Ryan Bridge
1+ mon, 1+ week ago (97+ words) House prices still seem to be going in the wrong direction. Cotality’s latest Home Value Index shows the national median fell 0.2% in June. Average values are down 0.8% for the previous quarter, 0.9% year on year, and 17.5% on the early 2022 peak. Real…...