The art of happiness – economics and the “hedonic treadmill”
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses happiness and whether economics is failing us with its focus on GDP and consumption.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses happiness and whether economics is failing us with its focus on GDP and consumption.
Read MoreLess than a week after revealing a near $US4 billion cash burn in the first three months of this year, embattled plane maker Boeing is raising $US10 billion in new debt.
Read MoreGrowing financial pressures from the loss of its huge Panamanian copper mine have led Canada’s First Quantum Minerals to decide to close its Ravensthorpe nickel mine in southwestern WA.
Read MoreChinese EV maker BYD posted higher profit in the three months to March despite the intensifying price war in China and a surge in investment in new technologies. The Warren Buffett-backed automaker's net profit rose 11% year-on-year to 4.57 billion yuan ($US630.7 million) in the first quarter, it announced Monday night.
Read MoreUS markets continued to rise underpinned by strong earnings numbers. Results from the reporting season so far have seen over 80 per cent of US companies beating expectations.
Read MoreWill weak business earnings curb the results of the National Australia Bank (ASX:NAB) this week by adding to the existing pressure on its key measure, the net interest margin (NIM)?
Read More??US markets continued to rise underpinned by strong earnings numbers. Results from the reporting season so far have seen over 80 per cent of US companies beating expectations.
Read MoreAustralia's stock market rebounded on Monday, recovering from a previous decline, amid uncertainty surrounding interest rates in both Australia and the US.
Read MoreThe uptake of medicinal cannabis products in Australia continues to boom, but most providers of the herbaceous material are not reaping the benefits because of oversupply, commoditised pricing and investor indifference.
Read MoreA snapshot of the stocks on the move, featuring Lanthanein Resources (ASX:LNR), Orange Minerals (ASX:OMX) and Aspire Mining (ASX:AKM).
Read MoreThe Australian sharemarket surged at the opening bell, buoyed by a robust performance on Wall Street, with the S&P/ASX 200 rising 0.7% to 7632 within the first 10 minutes of trading, partially offsetting Friday's 1.4% decline.
Read MoreTPG Telecom (ASX:TPG) will pay Optus about $1.17 billion to use its rival's mobile infrastructure in regional Australia, turning to the Singapore Telecommunications-owned company after regulators blocked an earlier deal with Telstra.
Read MoreEmbattled casino owner Star Entertainment (ASX:SGR) has again shuffled the deck chairs at the very top of the company, with under-fire executive chair David Foster exiting the position on Monday and existing director Anne Ward being named to replace him.
Read MoreLast week, JPMorgan Chase CEO Jamie Dimon said the American economy was booming and consumer spending continued to be resilient.
Read MoreUS markets pushed higher led by the big tech names as earnings numbers continued to surprise on the upside.
Read MoreUS markets pushed higher led by the big tech names as earnings numbers continued to surprise on the upside.
Read MoreAnother big week ahead of us for US earnings (and for Australia, with two big banks on the list to reveal their profits and dividends).
Read MoreMeetings this week of shareholders in Anglo American in London and Rio Tinto (in Australia) will continue to focus on the fate of BHP $A60 billion all-share offer for the London-based miner.
Read MoreFor all the volatility, angst about inflation, growth, geopolitical tensions and earnings, Wall Street ended very much on an up note on Friday, but will have to run the gauntlet once again this week.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreBHP's (ASX:BHP) decline weighs on shares, while traders anticipate no interest rate cuts in 2024 due to Australian inflation surpassing expectations, causing Australian bond yields to rise significantly and prompting a notable decrease in the S&P/ASX 200 index, particularly impacting interest rate-sensitive sectors such as real estate, financials, and technology.
Read MoreBrazilian iron ore and base metal giant Vale saw net earnings slip 9% in the three months to March 31.
Read MoreIt's no wonder Gold Road Resources (ASX:GOR) bailed on a move to buy an interest in the Canadian gold miner Greenstone.
Read MoreBoeing lost hundreds of millions of dollars and used up $US3.9 billion in cash in the March quarter. Revenue fell nearly 8% from a year ago as the company continues to struggle to overcome ongoing problems in its core business – commercial aircraft.
Read MoreUS stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and price growth higher than expected.
Read MoreIn the wake of the weaker-than-expected first estimate of US economic growth, it seems US interest rates aren’t going lower for a while longer—perhaps past November’s elections—unless there is a sudden slump in activity between now and then.
Read MoreAlphabet (Google) has transitioned into the sphere of mundane industrials, aligning itself with the likes of Apple and Meta by initiating dividend payments.
Read MoreThe Mag Seven megatech story took a hit as a weak revenue forecast from Meta Platforms caused shares to plunge 16% in after-hours trading on Wednesday, dragging other shares down with them.
Read MoreShares in BHP (ASX:BHP) will come under pressure on the ASX on Friday after it confirmed it had made an unsolicited all-paper takeover offer for Anglo American, with a value of around $60 billion.
Read MoreUS stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and price growth higher than expected.
Read MoreFor the second time in as many years, Fortescue’s (ASX:FMG) third-quarter iron ore production and sales have been weaker than expected.
Read MoreNo rate rise is expected from the Reserve Bank for most of this year after inflation picked up in the three months to March 31, thanks to another surge in housing costs and the usual start-of-year jump in education-related charges.
Read MoreKogan.com (ASX:KGN) shares slumped 26% on Wednesday after it revealed a surprise 6% decline in gross sales to $178.3 million and a 2% drop in revenue to $105.9 million for the March quarter.
Read MoreFund Manager Chris Pedersen discusses Telix Pharmaceuticals, Bank of Queensland and MAAS Group Holdings.
Read MoreFelicity Walsh, Managing Director of Franklin Templeton for Australia and New Zealand, discusses the launch of two ETFs on the ASX.
Read MoreA snapshot of the stocks on the move, featuring Immutep (ASX:IMM; NASDAQ:IMMP), Western Mines Group (ASX:WMG) and Industrial Minerals (ASX:IND).
Read MoreThe Australian Bureau of Statistics reported a 1% rise in the consumer price index for the three months through March, exceeding market expectations of a 0.8% increase, while the annual CPI slowed to 3.6% from 4.1%, both figures stronger than anticipated.
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