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Major Headwinds for Australian Economy Starting to Ease

A key leading indicator of the Australian economy suggests a lot of the headwinds that slowed the commodity-rich country over recent years are beginning to ease.

Wed May 29, 2024 04:28
Gold Edges Lower on Cautious Sentiment Ahead of U.S. PCE Data

Gold edged lower in the early Asian session on cautious sentiment ahead of the U.S. PCE core price index, the Fed’s preferred inflation gauge, due out this Friday.

Wed May 29, 2024 04:28
Oil Rises Amid Hopes for OPEC+ to Roll Over Voluntary Output Cuts

Oil rose in early Asian trade. Oil traders expect OPEC+ countries to roll over voluntary production cuts into 3Q when the group meets this weekend, NAB said.

Wed May 29, 2024 04:18
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Americans are profoundly lonely—and the way we work is making it worse

Wed May 29, 2024 04:18
JGBs Fall, Tracking U.S. Treasurys

JGBs fell in the morning Tokyo session, tracking overnight declines in U.S. Treasurys.

Wed May 29, 2024 04:07
Merck Nears $1.3 Billion Deal for Eye-Drug Company EyeBio

Such an acquisition would steer a company known for its cancer immunotherapy, Keytruda, into the multibillion-dollar eye-drug market.

Wed May 29, 2024 04:07

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