Federal Reserve governor Christopher Waller has surfaced as a leading candidate to become the central bank’s chairman. According to sources familiar with the matter, President Donald Trump’s advisers are considering Waller as a replacement for the current chairman, Jerome Powell. Waller’s qualifications and policy perspectives have reportedly resonated with the President’s team as they evaluate […]
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Former US President Donald Trump has called for Intel CEO Lip-Bu Tan to resign, citing alleged conflicts of interest. In a post on Truth Social, Trump stated, “The CEO of INTEL is highly CONFLICTED and must resign, immediately.” He provided no specific details or evidence to support his claim. Intel is a major technology company
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Commonwealth Bank senior economist Belinda Allen anticipates the Reserve Bank of Australia (RBA) will reduce the cash rate by 25 basis points to 3.60 per cent next Tuesday. Allen describes the decision as “straightforward” due to recent data confirming inflation is decreasing as forecast. Commonwealth Bank is a multinational bank providing various financial services, including
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Schroders Australia is cautioning investors that markets are underestimating the potential for a sharp economic slowdown in the United States. Kellie Wood, the head of fixed income at Schroders Australia, voiced concerns that current market valuations do not adequately reflect weakening demand and other concerning economic indicators. Schroders is a global asset management firm offering
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Block Inc., the payments company led by Jack Dorsey, reported a surge in profit and growth for its second quarter, boosted by increased spending through Afterpay. Block has also integrated artificial intelligence features into its Square terminals, enabling sellers to access sales data through voice commands. Dorsey announced on an investor call that Block is
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Apple shares have experienced a significant two-day surge, bringing them close to breaking a key technical threshold. This follows President Trump’s announcement that Apple intends to invest an additional $US100 billion ($154 billion) in domestic manufacturing to mitigate tariff risks. The iPhone maker’s stock has jumped as much as 8.2 per cent over the trading
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Atlassian, the Sydney-based software giant, has reported a 20 per cent increase in revenue for the last financial year, reaching $US5.2 billion ($8 billion). Simultaneously, the company’s losses decreased to $US256.7 million, compared to $US300.5 million in the previous year. Atlassian is a software company that develops products for software developers and project managers. Its
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Signature Resources (TSX-V:SGU) is actively advancing its Lingman Lake Gold Project in northwestern Ontario. In a recent interview, CEO Dan Denbow discussed the company’s strategic approach to remote exploration, highlighting the impact of owning drill rigs on reducing exploration costs. Signature Resources is an exploration and development company focused on high-grade gold assets in northwestern
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