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US consumer spending edges higher
US consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion.
US consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion.
Cautious global investors cut exposure to US stocks in June, and raised their euro zone equity holdings near a two-year high.
Speculators looking to profit from the hawkish shift among global central banks have a fresh target: the Australian dollar.
US police say tennis star Venus Williams was involved in a car crash that led to the death of a man.
The woman whose husband was killed in a crash with Venus Williams will sue the tennis star.
Spot iron ore prices posted their biggest gain for the month of June since 2009, though the outlook is uncertain.
Terrorism will worsen in Asia as Islamic State fighters return from the Middle East, says Singapore.
French far-right leader Marine Le Pen is under investigation for the alleged misuse of EU funds.
The best photos from the international wire agencies as well as Target.
Test yourself with today's interactive superquiz and Target.
Some of the world's most stunning images from around the world.
Sydney midfielder Luke Parker has slammed Tom Bugg's hit on Callum Mills as a "dog act", as the controversial Melbourne forward faces a lengthy suspension.
At stages this season it seemed as if the competition had not only caught up to Sydney but sped right past. Melbourne had appeared to be one such side but on Friday night they became the latest side to fall victim to the red hot Swans.
St George Illawarra sunk to their sixth loss in their past nine games, but it's NSW coach Laurie Daley who has the most to be concerned about, with Blues pair Tyson Frizell and Josh Dugan both injured in the Dragons 20-10 loss to the Titans on Friday.
Mining millions, but weak growth. No wonder our panel failed to predict 2016-17.
Australia faces a "small but non-zero" chance of a recession in the next two years according to the BusinessDay expert forecasting panel.
Australia is more likely to face an interest rate cut than an increase in the year ahead, a survey of 25 economists by Fairfax Media has revealed, as low wage growth, a high Australian dollar and a cooling housing market push the Reserve Bank towards a new record low cash rate.
It'll be a year of making do, with the economy too flat to justify a rate rise, in the view of the BusinessDay forecasting panel.
It is surely best that these claims are tested in court. Only then can the saga be laid to rest.
Three decades ago, Treasurer Paul Keating, warned Australia may become a “banana republic”. Today we are far from it.
When Benjamin Disraeli made the famous quote there are "lies, damned lies and statistics" he could have replaced the word statistics with retirement village surveys.
Iris Lees died at an Aveo village in what relatives have described as "horrific circumstances".
Melbourne Storm star Cameron Munster proved he is ready for his State of Origin debut and Curtis Scott showed he is one for the future in a thumping win on Friday night.
Pussycats and footpads prefer watchdogs on short chain
There’s a special spot on the bedroom wall of a Gold Coast home reserved for the most painful of memories.
A Queensland public sector worker is accused of getting a job by using fake academic qualifications, after allegedly being involved in similar fraud interstate.
A sweeping counter-terrorism operation conducted across Sydney's west on Friday night has culminated in the arrest of two teenage boys in Auburn.
Surrounded by tiny scraps of cut-up paper, sitting at a child's desk, Lyneham Primary year 1/2 teacher Anita Griffin reflects on her first six months as an educator.
Tasmanian Liberal senator Jonathon Duniam is getting in on the government's decentralisation plans.
Potential No.1 pick Cameron Rayner has again starred for Vic Metro, who continued their unbeaten national championships with a convincing win over South Australia at Etihad Stadium on Friday.
The AFL Commission has given AFL House the green light to begin the league's push into eSports, while the Greater Western Sydney Giants are making inquiries about buying a professional eSports team.
Fremantle young gun Connor Blakely has been dumped from the Dockers' side to take on St Kilda this weekend after he went surfing with mates after leaving training early because he was ill.
Western Bulldogs coach Luke Beveridge has slammed suggestions his side are receiving preferential treatment from umpires, and said it was "extremely concerning" if other clubs were questioning the impartiality of match officials.
Australian rugby has been kicked and punched more than anyone could have imagined this year, so why are things going so well in club land?
There was a flurry of corporate activity in the media sector on Friday afternoon with Hellman & Friedman submitting a letter to Fairfax Media's board just before deadline regarding its $2.8 billion bid for the company.
James Maloney loves his racehorses, which is good because one of the nags he owns is named Mad Pirate - co-incidence much? - and has a cash grab lined up on Saturday.
Clover Moore dismisses questions about how long she would remain in the job.
When Nishtha Goel and husband Sunil moved to Epping six years ago, the family had great hopes for their suburb, and their careers.
Members of the stolen generations will be able to apply for financial compensation from the state government from Saturday as NSW makes financial reparations for decades of forcibly separating aboriginal children from their families.
Germany's parliament has voted to legalise same-sex marriage after Chancellor Angela Merkel did an about-face that freed members of her conservative party to vote their "conscience" rather than follow party lines.
Top-flight boxing is 30 per cent show business, 30 per cent non-show business and 30 per cent sheer hard work, speed, grit and talent, a friend and sports reporter once told me.
A charity that looked after the state's most traumatised children 24 hours a day in return for millions of dollars in public funding subcontracted large parts of its operations to a company co-directed by a convicted murderer.
"I don't know if I'll ever hold your hand again."
A carpet-selling bookmaker from an exclusive waterfront hamlet in Sydney's south and a party-hardened Middle Eastern crook from Sydney's western suburbs seem like odd bedfellows.
"It's not enough to say we got through the gates and to hell with the rest".
Canberra rugby veteran Louise Burrows, 39, wants to continue her international career despite a setback.
Christian Lealiifano's remarkable journey back to Super Rugby could see him be available for selection next week.
Ben Alexander says he wants to finish his career at the Brumbies after signing a one-year contract.
Boaties say the government has failed to maintain the new harbour facilities in Kingston.
One of Canberra's top cops is determined to ensure child exploitation comes to an end.
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