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Wall Street bankers have long argued that they can't accurately evaluate how the Fed's scenarios will impact capital ...

Fed to ease stress of bank tests

The Federal Reserve plans to give lenders an advance look at how they might fare in the annual tests it conducts on them.

The trading range between $US45-$US55 is "the path of least resistance", said Bill O'Grady, chief market strategist at ...

Oil turns on rising US output

Futures fell after gaining as much as 1.7 per cent in New York, amid a rethink on the outlook for US crude inventories.

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Markets Live: Wall St fires up

Shares have their most positive set-up in a while after Wall St records solid gains to hit new records after upbeat economic data buoyed investors.

Investors are playing it safe.

8@eight: Solid start in store for ASX

The leads from Wall Street suggest we close out the week on a more positive note, with the S&P; 500 and NASDAQ 100 pushing to new all-time highs and the Dow looking like it needs a good payrolls report tonight to join this camp.

The 120-year-old Dow became the last major US equity gauge to snap out of a malaise that was underscored by a 373-point ...

Dow rallies without Goldman

Carried by industrial, consumer and tech companies, the Dow Jones Industrial Average circled back to record territory.

Prime Minister Malcolm Turnbull and Senator Mitch Fifield joined a summit of media executives, all urging the Senate to ...

Media summit shows hard work still ahead

It was billed as a struggling sector's chance to twist the arms of cross-bench Senators into passing new ownership laws, but instead senior media executives just ended up just shaking hands with government.

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