Save articles for later Add articles to your saved list and come back to them any time. This article originally appeared in Refinery29 Australia. Welcome to Money Diaries, where we ask real people how they spend and save their money during a seven-day period, tracking every last dollar. Anyone can […]
Read moreMore economic pain is coming, with women set to bear the brunt of it
Save articles for later Add articles to your saved list and come back to them any time. The money is once again on a Melbourne Cup rate rise from the Reserve Bank of Australia as the latest data points to an economy running much hotter than hoped. As mortgage holders […]
Read moreFerrari Lifts FY23 View After Strong Q3 Results; Stock Up
Ferrari N.V.’s (RACE) shares were gaining around 5 percent in Milan as well as on the NYSE after the Italian luxury sports carmaker raised its fiscal 2023 forecast after reporting higher third-quarter results. Net profit for the quarter was 332 million euros, up 45.7 percent from prior year’s 104 million […]
Read moreFresenius Medical Care Q3 Profit Down; But Raises FY Operating Income Outlook
Fresenius Medical Care AG & Co. KgaA (FMS) reported that its third quarter net income attributable to shareholders declined to 84 million euros from 230 million euros in the prior year. Basic earnings per ADS were 0.14 euros compared to 0.39 euros in the prior year. Operating income decreased by […]
Read moreCase for interest rate rise is weak and based on Reserve Bank speculation
Save articles for later Add articles to your saved list and come back to them any time. There’s nothing the media likes more than an interest rate rise on Melbourne Cup day. It’s surprising how often it’s happened, and many in the financial markets have convinced themselves that’s what we’ll […]
Read moreRegulator takes to big screen to spread smart word on ‘dumb money’
Save articles for later Add articles to your saved list and come back to them any time. A warning on the dangers of investment hype will run at the start of each screening of Dumb Money, a film that opens today around Australia on the GameStop “short squeeze” incident of […]
Read moreFour simple things to think about before investing a cent
Save articles for later Add articles to your saved list and come back to them any time. Last weekend, I went out to dinner with some people, most of whom I’d never met before. Upon sharing that I work in financial education, I was met with an enthusiastic array of […]
Read moreIn defence of day traders: Not all of us are ‘Dumb Money’
Save articles for later Add articles to your saved list and come back to them any time. The release of Dumb Money in cinemas this week gives us retail traders a bad name. It glorifies irresponsible, gambling-like behaviour, and glosses over the hard work and dedication required to be a […]
Read moreU.S. Jobless Claims Unexpectedly Dip To Nearly Nine-Month Low
The Labor Department released a report on Thursday showing first-time claims for unemployment benefits in the U.S. unexpectedly declined to a nearly nine-month low in the week ended October 14th. The report said initial jobless claims fell to 198,000, a decrease of 13,000 from the previous week’s revised level of […]
Read moreChina Inflation Data Raises Risk Of Deflation; Exports Fall
Reinstating the risk of deflation, China’s consumer prices remained flat in September and producer prices continued to decline, official data revealed on Friday. Foreign trade data from the General Administration of Customs showed that exports declined again in September amid falling prices and subdued global demand. The consumer price index, […]
Read more