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Labor Rules out Raising Compulsory Super Contribution From 12 to 15 Percent
Labor also plans to stop unsolicited sales calls targeting Australians aimed at convincing them to change super funds to high-risk investments.
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Big Tech Firms Admit Under-16s Still Accessing Social Media Despite Ban
Meta, TikTok, YouTube and Snapchat acknowledged that young people were circumventing age checks, but said they were working to improve their systems.
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Trump Announces Pause on 50 Percent Tariff as US, Canada Reach Last Minute Deal
The president announced a three-day pause on additional tariffs, saying there’s a deal with Canada, which is pending finalization of the documents.
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SEC Proposes New Rules to Let Crypto Companies Raise Capital More Easily
The new framework would let the companies sidestep the traditional registration requirements of a stock offering.
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BHP Warns Queensland’s ‘67 Percent’ Coal Tax Making New Investment Unfeasible
In September 2025, BHP blamed the royalty regime for a decision to cut 750 jobs across its Queensland coal operations.
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Cash Home Buying Slips but Remains Strong in Luxury and Lower-End Markets
Miami led the nation’s major metro areas in the share of cash purchases.
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American Airlines Is Bringing Seatback Screens Back to Its Planes
The airline is reversing a 2017 strategy that relied on passengers using their own devices to receive entertainment.
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Disney Sues FCC to Block Early Review of ABC Station Licenses
The agency says the review will determine whether eight ABC-owned stations have operated in the public interest.
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Pending Home Sales Drop for 2nd Straight Month Amid High Mortgage Rates
Elevated mortgage rates are ‘pulling back contract signings,’ says chief economist Lawrence Yun.
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Is This Market Overbought and Due for a Correction?
Earnings remain strong, but perhaps the stock market has become a bit overbought in the near term, so don’t be surprised if it backs and fills a bit.
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US Import Prices Unexpectedly Fell in July
Meanwhile, the cost of Chinese goods rose at the fastest pace in nearly 20 years.
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The COBRA-to-Medicare Penalty Nobody Warns You About
If you’re 65 and on COBRA, you could be facing a costly Medicare trap.
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How Much Should Retirees Worry About Inflation?
Inflation can threaten a retirement portfolio, but retirees can take steps to protect their purchasing power.
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30-Year Treasury Yield Hits Highest Level in 19 Years
The yields are rising amid growing uncertainty regarding the U.S.–Iran war and elevated inflation.
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Wright Says US to Boost Fuel Refinery Output as Hormuz Disruptions Continue
Trump said the increase in fuel prices was a relatively small cost for preventing Iran from having nuclear weapons.
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Long-Term Interest Rates Hit Highest Level Since 2007—Here’s What to Know
War, artificial intelligence, and inflation are all having an effect in a volatile bond market.
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CSL Reports $2.6 Billion Net Loss Amid Restructuring, Lower US Flu Vaccination Rates
The company reported revenue of US$15.8 billion for 2025-26; however, one-off restructuring costs and impairments resulted in a net loss of US$2.6 billion.
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Treasurer Rejects NAB Report Suggesting Rents Could Soar by up to 30 Percent
National Australia Bank suggests Sydney and Melbourne could see rental increases.
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Paramount Asks Judge to Order States to Post $1.9 Billion Bond for Trial Delay
California called the bond request blackmail.
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