The latest projections show Social Security may have to cut retirement benefits in six years. Here's what may happen if Congress doesn't prevent that. Read the original report.
Reddit shares sank on Friday after the company issued weak Q4 sales guidance and announced it will test requiring users to log in to see content. Read the original report.
The 2026 election could affect municipal bonds through state tax measures, new bond supply and the makeup of Congress. Read the original report.
Concerning projections from hyperscalers this week punished tech stocks and pushed the Nasdaq to its first three-week losing streak since March. Read the original report.
Investors looking beyond short-term noise and focusing on long-term returns can track top analysts to pick the right stocks, backed by strong research. Read the original report.
Big Tech earnings reignited AI spending fears, sending investors into defensive stocks. Read the original report.
NRMA Insurance is refunding tens of thousands of New South Wales drivers after admitting it charged too much for compulsory third party (CTP) cover. The State Insurance Regulator has fined the company $479,500. The regulator found the insurer short-changed customers on promised discounts and refunds in several cases. The most serious breach was applying the
Accountants say the government has badly underestimated what it will cost family businesses to get advice on its planned trust tax changes. Treasury’s modelling assumes a default cost of $91.54 an hour, covering labour, payroll tax, super, rent and utilities. The Lower House has passed a plan for a new 30% baseline tax on discretionary
Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East. Read the original report.
When is a traditional IRA better than a Roth IRA? Learn how taxes, charitable giving, estate planning and future tax rates can affect the decision. Read the original report.
Almost two years after the February 2025 floods, many north Queensland homeowners around Ingham are struggling to get insurance, or to afford it. Some policy holders say Sure Insurance sent non-renewal notices saying it would no longer cover properties with a flood claim in the past five years, or with a one-in-20-year flood risk. Sure
Westpac has reported a $6.8 billion profit for the year to September, down 1 per cent on the year before. The bank expects interest rates to stay “elevated” into 2027. It also forecasts house prices will have fallen 10.9 per cent between March 2026 and March 2027. Westpac says the economy is holding up relatively
The corporate regulator says super funds are letting members down on complaints and could face legal action if they don’t lift their game. ASIC reviewed 45 trustees covering $1.6 trillion in benefits and more than 12.8 million members. It found members were more likely to get a resolution by going to the Australian Financial Complaints
Australian home values dropped 1.2 per cent in October, the seventh straight monthly fall, according to property research group Cotality. The national index now sits 6.7 per cent below its March peak, a loss of about $63,400 on the median dwelling, which is now valued at $884,855. Across the capital cities, values are down 8.1
Automakers including Ford, Rivian and GM are expanding 3D printing to make prototypes, factory tools and low-volume parts faster and at lower cost. Read the original report.
Sen. Ron Wyden's 81-page request for comments on long-term care reform raises important questions. But it sometimes hints at ideas that are expensive and unrealistic. Read the original report.
Misunderstandings and errors about Social Security are widespread and cause people to make mistakes in their retirement planning Read the original report.
Investors are anxious about the 2026 midterms. Here's what historical S&P 500 data shows happened before and after past elections. Read the original report.
Four Australian startups raised a combined $31 million this week, according to SmartCompany’s funding round-up. Sydney’s MP Space raised $23 million in seed funding, led by Blackbird, to build spacecraft power systems in Australia. The money will go to manufacturing and growing its engineering team. Adelaide AI robotics startup Metacognition received $5 million from Airtree,
The Supreme Court of Victoria has ordered discount retailer Panda Mart to close two Melbourne stores for short periods next month, after ongoing product safety concerns. Cranbourne must shut from November 9 to 11 and Preston from November 16 to 18, so Consumer Affairs Victoria can check the products meet Australian safety standards. Panda Mart
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