Australia wage growth picks up to 3.3%, short of forecasts

Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in interest rates,

More News

Cisco made it through a pandemic pothole, and the stock is driving higher

Amid a sea of earnings disappointments this quarter, Cisco Systems Inc. surprised Wall Street on Wednesday as it moved beyond pandemic supply-chain issues to gain its best handle on demand in recent

Plano-based Cinemark founder Lee Roy Mitchell retires from board of directors

Cinemark Holdings Inc. founder Lee Roy Mitchell will retire from the movie theater’s board of directors after nearly 40 years. Mitchell, 85, served on the board since its inception and transitioned

Warren Buffett’s long-time partner Charlie Munger says he’s ‘not proud of my country’ for allowing crypto to thrive, calling it ‘very dangerous’

Charlie Munger really doesn’t like crypto. In fact, he’s been speaking out publicly about it for some time. He says he wished it had never been invented. He says that Bitcoin is “stupid and evil,”

Debt ceiling: CBO finds government could be at risk of default ‘between July and September’

A Congressional Budget report released Wednesday projects the date when the government will no longer be able to pay its debt obligations fully “will fall between July and September 2023," further

Debt limit forecast says US could be in default by summer. Here's how that could impact you

The U.S. will hit its debt limit and run out of borrowing power sooner this summer, the Congressional Budget Office said. Social Security is at risk.

Mortgage rate deals for week ending Feb. 11, 2023: Top offers from lenders

The average rate for mortgage offers clicked on by Bankrate readers Friday was 5.3 percent, up 16 basis points from the previous week. Mortgage rates are higher than they were a year ago or six

Exclusive-SoftBank's Arm China lays off workers as outlook grim -sources

OAKLAND, Calif/SHANGHAI (Reuters) -SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year,