Business & Markets

Chancellor Jeremy Hunt declared the economy is ’returning to full health' after GDP expanded by 0.6 percent in the first quarter.

‘Bidenomics is a form of state capitalism,’ Steve Hanke, economics professor at Johns Hopkins University, stated.

First-time applications for unemployment benefits soared by 22,000 to 231,000.

Battery technologies, in particular, are deemed the most promising sector for Australia’s economy and a significant contributor to decarbonisation efforts.

Passengers were stranded as the liquidation took immediate effect, but EY says it is optimistic the airline can return to profitability.

A letter calling for an extra $10 billion of tax has been signed by mostly Green and independent councillors across the country.

‘Our research shows that globally, companies are making significant investments in AI, with Australia at the forefront,’ said KPMG global audit head of AI.

The new centre-right government has dropped the proposal amid public opposition.

After an aborted attempt to re-enter the market downunder in 2008, GM’s focus has shifted to EVs.

This comes as the government has been at loggerheads with tech giants over the removal of violent content online following the stabbing of a church leader.

Supreme Court lets a case against a major music company proceed.

‘FAA oversight of maintenance programs is paramount’ for passenger safety, the watchdog said, noting ’recent safety events’ as a reason for the audit.

Thousands of banks signed up for discount window borrowing, new Fed research shows.

The polling data have been wrong all along, the president said in a rare appearance on CNN.