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Australian weekly consumer sentiment rebounds for fourth straight week

Sep 29, 2020 11:44 am UTC| Commentary

Australian consumer sentiment improved for the fourth consecutive week. The ANZ-Roy Morgan Australian consumer confidence index rose 1.6 percent last week, the fourth straight gain. All subindices rose except time to buy a...

Gold near 1-week peak ahead of Trump-Biden debate

Sep 29, 2020 09:52 am UTC| Commentary

Gold prices rose to a 1-week peak as investors cautiously awaited the first U.S. presidential debate and further developments on a new U.S. coronavirus relief bill. Spot gold was trading 0.2 percent higher at $1,883.73...

U.S. consumer confidence index likely rose in September

Sep 28, 2020 18:20 pm UTC| Commentary

The U.S. Conference Boards index of consumer sentiment for the month of September is set to release tomorrow. According to a Barclays research report, the consumer sentiment index is expected to have risen to 90 in...

Polish headline inflation likely to have eased in September, to average 3.3 pct by end-2020

Sep 28, 2020 17:06 pm UTC| Commentary

Polish September inflation data is set to release this week. According to an Erste Group Research report, inflation is likely to continue its downward movement and ease to 2.8 percent year-on-year in September. On a...

U.S. home prices likely rose in July, tight inventories and rise in demand to support prices coming months

Sep 28, 2020 16:18 pm UTC| Commentary

U.S. home prices data for the month of July is set to release tomorrow. According to a Barclays research report, the SP/Case Shiller house price index is likely to have risen 0.1 percent month-on-month and 3.6 percent...

Swedish retail sales remain at healthy levels in August, household consumption to continue to rebound

Sep 28, 2020 15:58 pm UTC| Commentary

Swedish retail sales dropped from July, but still saw a decent figure. On a year-on-year basis, retail sales rose 3 percent in August; however, on a month-on-month basis, the retail sales dropped 0.3 percent. Consensus...

Norwegian retail sales volume fall in August, strong recovery likely in 2021

Sep 28, 2020 12:18 pm UTC| Commentary

Norwegian retail sales volumes dropped 4.9 percent on a month-on-month basis in August, following a rise of 0.6 percent recorded in the prior month. The fall was a correction from very high sales levels early in the summer...

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Economy

Will government investment make green hydrogen a reality in Australia?

In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies. Future Made is a framework that sets...

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...

Australia is set to ban live sheep exports. What will this mean for the industry?

This month the federal government announced a plan to ban live sheep exports, set to come into effect from May 1 2028. The announcement coincided with the release of a highly anticipated report by an independent panel...

Latest inflation figures are good news

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news. Thats the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer...

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Politics

Why the US government is intervening in the live music business and could break up Live Nation Entertainment – a music industry scholar explains

The U.S. Justice Department, along with 29 states and the District of Columbia, have filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit alleges that Live Nation...

6 ways to foster political discourse on college campuses

With deep divisions on college campuses most recently over the conflict in the Gaza Strip and Israel many observers fear that universities are not places where students can discuss divisive issues with people who...

How Iran selects its supreme leader

The sudden death of President Ebrahim Raisi is unlikely to drastically alter Irans foreign and domestic policies, but it has left a power vacuum. As stipulated by the constitution, Raisi was replaced by his first vice...

Why the upcoming South African election a massive milestone for the ruling ANC

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

How Modi is using TV, film and social media to sway voters in India’s election

As the worlds largest electorate goes to the polls in India, political parties are seeking to sway voters through popular culture, like film. Although cinema has long reflected and influenced the countrys political and...

Science

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Black holes are mysterious, yet also deceptively simple − a new space mission may help physicists answer hairy questions about these astronomical objects

Physicists consider black holes one of the most mysterious objects that exist. Ironically, theyre also considered one of the simplest. For years, physicists like me have been looking to prove that black holes are more...

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

Technology

Tesla Cybertruck Police Cruiser Unveiled, Potential Savings of $80K on Fuel Costs: Report

Teslas new Cybertruck police cruiser, with its commanding design, promises to save taxpayers $80,000 annually on fuel costs, according to a recent report. Unplugged Performance Showcases Tesla Cybertruck Police Cruiser,...

Hyundai IONIQ 5 Leads US Production with $7,500 Tax Credit; Chevy Offers No Payments on Equinox, Blazer EVs

Chevy offers no payments on Equinox and Blazer EVs for 120 days, but heres the deal. Meanwhile, Hyundai IONIQ 5 to lead US production at the new EV plant with a $7,500 tax credit in sight. Chevrolet Launches Equinox and...

Ripple CEO Predicts Unavoidable Launch of XRP ETF at Consensus 2024

At Consensus 2024, Ripple CEO Brad Garlinghouse declared that XRP ETFs are inevitable, anticipating the cryptocurrency markets growth to $5 trillion, fueled by recent spot Bitcoin and Ether ETF approvals. Garlinghouse...

US President Joe Biden Vetoes SAB 121 Repeal, Sparks Crypto Industry Backlash

President Joe Biden vetoed the repeal of SECs SAB 121, prioritizing investor and consumer welfare, sparking significant controversy in the cryptocurrency industry. Bidens Veto on SECs Crypto Accounting Bulletin Faces...
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