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Markets

‘Long and harsh winter’: Iron ore giants fight through warning from Chinese steel giant

by Anas Siddiqui
‘Long and harsh winter’: Iron ore giants fight through warning from Chinese steel giant

Losses from a major energy player and storm clouds over Chinese steel mills have weighed on the Australian market. The S&P/ASX200 hung tough on Thursday, finishing up 14.8 points at …

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‘Long and harsh winter’: Iron ore giants fight through warning from Chinese steel giant

by Anas Siddiqui
‘Long and harsh winter’: Iron ore giants fight through warning from Chinese steel giant

Losses from a major energy player and storm clouds over Chinese steel mills have weighed on the Australian market. The S&P/ASX200 hung tough on Thursday, finishing up 14.8 points at …

Read more

CFMEU blamed for driving up costs in building industry

by Anas Siddiqui
CFMEU blamed for driving up costs in building industry

The controversial CFMEU has made Australians poorer, a leading panel of building industry experts has claimed, inflating construction costs on everything from housing to large-scale public works projects while entrenching …

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Cost of living: 49 per cent of Aussie small businesses at risk of shutting down

by Anas Siddiqui
Cost of living: 49 per cent of Aussie small businesses at risk of shutting down

Nearly 1.25 million small businesses are at risk of shutting down as cost-of-living pressures hammer profit margins, a senate hearing into Australia’s cost-of-living crisis has been told. Council of Small …

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Australian shares rally for best week of the year

by Anas Siddiqui
Australian shares rally for best week of the year

The local share market has finished a good week with a strong rally, climbing after solid US economic data dispelled fears the world’s largest economy was slipping into recession. The …

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Here are JPMorgan’s top drug stock picks into earnings

by Akin Smith
Here are JPMorgan’s top drug stock picks into earnings

JPMorgan is eyeing a few drug manufacturers ahead of their earnings reports as investors continue to sell out of major technology firms. Major market trends in the first half of …

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We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell

by Akin Smith
We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …

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Stocks rise as market comeback lifts S&P 500 to best week of 2024

by Walter Watson
Stocks rise as market comeback lifts S&P 500 to best week of 2024

H&R Block poised for best day since 2022 H&R Block shares headed for their best day in more than two years. The tax preparer’s shares jumped more than 13% in …

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Lawyer on Deutsche Bank’s Postbank settlement offer

by Ron Morgan
Lawyer on Deutsche Bank’s Postbank settlement offer

A Deutsche Bank branch in the financial district of Frankfurt, Germany, on May 6, 2022. Alex Kraus | Bloomberg | Getty Images A lawyer representing plaintiffs in a long-running case …

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Wall Street slides after soft US housing data

by Anas Siddiqui
Wall Street slides after soft US housing data

Wall Street’s main indexes have slipped following the S&P 500 and the Nasdaq’s six-day winning streaks after a spate of encouraging economic data allayed recession worries while weak housing data …

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