Janet Yellen takes a huge political risk
The usually scrupulously apolitical US Federal Reserve has come out with unusually forthright criticism of Trump.
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The usually scrupulously apolitical US Federal Reserve has come out with unusually forthright criticism of Trump.
Dozens of CEOs have quit President Trump's advisory groups, protesting against his response to deadly racist demonstrations. The business groups were disbanded.
The labour market has posted its strongest five-month run of gains in more than 12 years.
Here's how today's results unfolded. Mirvac and Wesfarmers gained on stronger profits, while Telstra slid on weaker dividends.
Telstra's slide to a five-year low is the big news this morning, but investors are busy digesting another flood of earnings.
Bonds issued by fast-growing businesses that plan to make complex use of proceeds require a long leap of faith from investors.
Investors are hungrier than ever for green bonds, yet companies known for their sustainable prowess are choosing to sit out.
The Australian dollar retopped the US79¢ mark overnight, lifted by a surge in base metals and a retreat in the greenback.
A surge in base metal prices is poised to propel the ASX higher at the open. BHP was up 2.8% in New York. $A surges 1.4%.
It's 100 months old and strategists at Oppenheimer see no reason why the current US bull market is about to hit a wall.
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