The US Senate approved legislation to raise the debt limit and cut spending, averting a federal default. Meanwhile, the pace of US job growth last month surpassed expectations.... Continue Reading
Network effects are more complicated to model for bitcoin than for other assets.... Continue Reading
Investors cheered as legislation suspending the US debt limit and cutting federal spending moved from the House to the Senate. ... Continue Reading
The Australian Prudential Regulation Authority says its serviceability buffer is not 'unduly impeding' people's ability to refinance their home loans after a sharp rise in interest rates.... Continue Reading
Australia is arguably obsessed with property, seemingly more than most other countries. What drives this obsession and is it rational?... Continue Reading
Disappointing manufacturing data from China sent Asian shares lower, while US investors worried about the looming possibility of a federal default.... Continue Reading
Australian shares are pointing to a weaker open on Wednesday following a mixed lead from US equities.... Continue Reading
Australian shares are set to open lower on Tuesday with few offshore leads, with markets closed in the US, UK and public holidays in several European countries.... Continue Reading