David Jones, founded in 1838 and the world’s oldest department store still trading under its original name, is closer to financial ruin than it has ever been, according to the Sydney Morning Herald. The chain hosted Christian Dior’s first international fashion parade in 1948 and a state banquet for Queen Elizabeth II in 1954. Its
High jet fuel prices are pushing airlines to trim routes and capacity, creating a short-term headwind for Western Sydney International Airport as it tries to attract new carriers. Brent crude has climbed from US$73 a barrel in early February to about US$113. Singapore jet kerosene, which traded at US$85 to US$95 before late February, peaked
Learn how the 2027 Social Security COLA increase impacts retirement income, inflation, Medicare costs, and long-term financial planning. Read the original report.
Workers with small 401(k) balances are cashing out less often under an automatic portability program, but most accounts remain in temporary IRAs. Read the original report.
Businesses in Manjimup, 290 kilometres south of Perth, say the federal government’s changes to working holiday visas are already hurting, and want them scrapped. Pub owner Paul Fowler says backpackers make up more than 70 per cent of his staff. He gets through 50 to 80 backpacking workers a year and says that without them
Finance Minister Katy Gallagher says the federal government can’t promise its December mid-year budget update will deliver overall savings, with pressures on the budget still growing. Speaking on ABC Insiders, she said decisions were still to be made through the Expenditure Review Committee and she didn’t want to get ahead of them. Treasurer Jim Chalmers
NSW’s Strata and Property Taskforce is stepping up spot checks on real estate agencies, asking agents to prove how they arrived at their advertised price guides. Inspectors look at two current listings per agency, checking the comparable sales behind each guide and reviewing emails, texts, WhatsApp and WeChat messages sent to interested buyers. In the
The Fair Work Ombudsman received a record 31,596 anonymous tip-offs in 2025-26, up 23% from 25,608 the year before, according to its latest annual report. The regulator recovered $453 million in unpaid wages and entitlements for more than 181,000 workers, a 27% jump. It also lifted proactive investigations by 86% to more than 2,680. Hospitality
IRS CEO Frank Bisignano has donated to Trump Accounts for Brooklyn kids from his hometown ZIP code. Here's what families need to know. Read the original report.
As Anthropic rushes to takes its shares public, the AI trade is showing cracks, and they are not confined to fringe players. Read the original report.
The U.S. Department of the Treasury has announced new Series I bond rates through April 2027. Read the original report.
Coinbase posted better-than-expected earnings in the third quarter, largely due to a recovery in the cryptocurrency market. Read the original report.
The American Federation of Teachers sued the Trump administration, alleging it unlawfully blocked student loan forgiveness for tens of thousands of borrowers. Read the original report.
Binance says a security breach impacted about $6.3 billion in assets. The exchange says roughly $3 billion has been frozen and losses will be covered. Read the original report.
Anthropic CEO Dario Amodei has pledged a portion of his company shares to charity with unusual conditions, according to an SEC filing. Read the original report.
Investors await earnings from Apple, AMD, and other major companies, as well as the midterm elections and the monthly jobs report. Read the original report.
Further downside is certainly possible, but selling now won't erase the losses we've taken. Read the original report.
Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening. Read the original report.
Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls. Read the original report.
Norwegian said the company's bookings had "improved modestly" but remain below its optimal range. Read the original report.
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