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Australia slashes fuel tax to fight $116 oil crisis but economists warn of RBA rate hikes
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The $2.55 Billion Bailout
The Australian federal government is slashing its petrol and diesel fuel excise by 26.3 cents per litre starting Wednesday. The massive...
Business
Air Canada CEO Michael Rousseau to retire amid political firestorm over LaGuardia crash response
Air Canada President and Chief Executive Officer Michael Rousseau is stepping down. The airline announced early Monday that Rousseau will retire by the end...
Business
Dow surges 250 points as Trump reveals ‘serious’ talks to end US operations in Iran
Wall Street experienced a wave of relief on Monday as the Dow Jones Industrial Average surged 250 points following signals of a potential diplomatic...
Business
Fannie Mae Stock Monitored in S&P 500 Selloff as Ackman Calls Market ‘Extremely Cheap’
The Macro Crisis Hitting U.S. Equities
Billionaire hedge fund manager Bill Ackman issued a stark counter-narrative to the ongoing global market panic on Monday, declaring...
Business
KPMG UK cuts 440 audit jobs as low attrition and AI automation trigger Big Four reset
A prolonged slowdown in corporate consulting demand and a rapid industry shift toward artificial intelligence have triggered a massive workforce correction at KPMG UK....
Business
Tristan Xerri cops 3-match AFL ban: The disgraceful blood-wiping incident explained
The North Melbourne Kangaroos defeated Essendon by 12 points at Marvel Stadium on Saturday. The victory took a back seat today. Ruckman Tristan Xerri...