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  • Feb 20, 2025

RBA’s Bullock Alert to Job Market Signaling Stronger Economy

(Bloomberg) -- Australia’s central bank is closely monitoring the state of the labor market as persistent tightness may signal a stronger economy, Governor Michele Bullock said, adding that policymakers aren’t “pre-committed” to any path for interest rates.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquart

  • Feb 20, 2025

Oil prices dip but remain on track for weekly gain on supply jitters

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent futures slipped by 62 cents, or 0.81%, to $75.86 a barrel by 1304 GMT while U.S. West Texas Intermediate crude lost 63 cents, or 0.87%, to $71.85. The market has taken a relatively neutral yet nervous stance on crude oil prices, said Ole Hansen at Saxo Bank, with Brent trading near the middle of the expected range for the year, between $65 and $85 a barrel.

  • Feb 20, 2025

RBNZ Welcomes Weaker Kiwi Dollar as Catalyst to Revive Economy

(Bloomberg) -- New Zealand’s central bank is welcoming a weaker exchange rate, saying it will help to revive economic growth this year.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE Cuts“The lower kiwi dollar is part of the reason we’re predictin

  • Feb 20, 2025

Milei Seeks Rebound From Crypto Saga on Visit to Trump World

(Bloomberg) -- For the first time since he stormed to power in 2023, Argentina’s Javier Milei is on the political defensive after plunging his government into a massive cryptocurrency scandal. A trip to Washington gives him a chance to get back on his front foot.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Hea

  • Feb 20, 2025

Meta reduces stock options for staff despite trading at record highs, FT reports

Employees receive equity refreshers every year that make up the majority of their remuneration, alongside base salaries and annual bonuses, the FT reported. Most employees have been told they would receive about 10% less equity this year, the FT reported, citing several people familiar with the matter. The exact reduction will depend on where the employees are based and their level within the organization, the report said.

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