Week’s Best: JPMorgan Hires $28 Billion Merrill Lynch Team

Yahoo Finance AU
ATO reveals 10 highest-paid jobs in Australia
Ever wondered how much the other half earn? The Australian Taxation Office has revealed the incomes of the highest paying jobs.
Yahoo Finance AU
All the major money changes coming from July 1, 2024
Tax cuts, superannuation increases and Centrelink payment boosts are among the changes coming in the new financial year.
Yahoo Finance AU
2 weeks left for Aussies to claim $500: 'Free money'
Aussies have until June 30 to claim this superannuation cash boost from the government. Here’s what you need to do.
Yahoo Finance AU
Domino’s responds to customer outrage over ‘double surcharge’
Rising costs have forced many Australians to pull back on even the smallest of luxuries. But an Aussie who decided to fork out for a pizza at Domino’s wasn’t pleased when they found out they’d be copping two surcharges.
Yahoo Finance AU
Interest rate cuts: Major banks predictions ahead of RBA meeting
ANZ has broken away from the pack, with NAB, Commonwealth Bank and Westpac painting a more positive picture for Aussie borrowers.
Yahoo Finance AU
Economists issue major warning on RBA interest rate cut
Aussies may still have to wait some time before they receive mortgage relief. Here’s what the experts are saying.
Yahoo Finance
Latest inflation data provides potential for 'even greater upside' in the stock market rally
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
Bloomberg
Foxconn Billionaire’s Eight-Year Stock Target Finally Comes True
(Bloomberg) -- Terry Gou, the billionaire founder of iPhone assembler Foxconn Technology Group, has finally reached a goal that had eluded him for about eight years.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024Hedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump Adviser Urges Him to Cut Ties With China, Restar
Yahoo Finance AU
Common cashless act ‘screwing’ Aussies: 'Most don't know'
The finance guru is warning Aussies to look out for these hidden fees. Here’s how you can avoid them.
GOBankingRates
I’m a Financial Planning Expert: 5 Best Purchases To Make in an Economic Downturn
You're probably used to taking the economic temperature of the moment by reading headlines about impending recessions, feeling the pinch of inflation at the grocery store and reviewing your bank...
Yahoo Finance AU
Commonwealth Bank's major interest rate cut backtrack: 'Runway is shortening'
There are signs another major bank is losing hope in an interest rate cut for 2024.
Sky News
Hargreaves Lansdown to seek bid extension amid CVC-led talks
Hargreaves Lansdown, the FTSE 100 personal investment platform, is expected to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn. Sky News has learnt that the London-listed company is in detailed talks with the consortium, led by CVC Capital Partners, about a revised offer that would incorporate a final dividend potentially worth more than 40p-a-share. People close to the talks cautioned that the situation remained fluid ahead of a Hargreaves Lansdown board meeting which is expected to take place later on Tuesday.
Investing.com
Buffett's Berkshire Hathaway lowers stake in Chinese EV giant BYD - media reports
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKa) has offloaded 1.3 million Hong Kong-listed shares of electric vehicle giant BYD (SZ:002594) in a move worth HK$310.5 million, according to media reports.
Yahoo Finance Video
Can Nvidia overtake more of the S&P 500?: Chart of the Day
Evercore ISI Research recently released a note claiming Nvidia (NVDA) could potentially become 10-15% of the S&P 500 (^GSPC). Can it overtake its competitors like Apple (AAPL) and Microsoft (MSFT)? Yahoo Finance Anchor Julie Hyman takes a look at the numbers and breaks down Nvidia's position in the market for Monday's chart of the day. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino
GOBankingRates
17 States Where Property Tax Rates Are Lower Now Than a Decade Ago
Nobody is exactly thrilled about paying property taxes, but most accept it as the price of owning a home. Depending on where you live, property taxes can be a major budget item or a relatively minor...
Reuters
Australia's central bank stays the course on rates, alert to inflation risks
SYDNEY (Reuters) -Australia's central bank debated whether to raise interest rates at a policy meeting on Tuesday given there were upside risks to inflation, but decided to stay the course in a sign the hurdles to a hike remained high. Wrapping up its June policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% for a fifth straight meeting, but emphasised the need to be vigilant on inflation. "While recent data have been mixed, they have reinforced the need to remain vigilant to upside risks to inflation," the RBA Board said in a statement.
Yahoo Finance Video
Why a popular tech ETF is set to sell Apple & buy Nvidia
The Technology Select Sector SPDR Fund (XLK) may be on the verge of a rebalancing due to concerns over market concentration. As the biggest tech giants like Apple (AAPL), Nvidia (NVDA), and Microsoft (MSFT) continue to drive market gains, the ETF needs to rebalance its portfolio to meet the fund's rules. However, such a move could have far-reaching implications for the companies themselves and the broader markets. Yahoo Finance's Jared Blikre breaks down the details, shedding light on the implications for individual stocks and the overall market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Simply Wall St.
Investors in MA Financial Group (ASX:MAF) have seen decent returns of 49% over the past five years
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is...
Yahoo Finance Video
US dollar weakness will hinge on Trump's stance on Fed
As the 2024 US presidential election lies just five months away, Commerzbank AG Head of FX Research Ulrich Leuchtmann joins Catalysts to discuss how markets are preparing for the historic face-off. Leuchtmann explains that when Donald Trump was elected in 2016, the dollar became stronger. However, he warns, "This all could be ruined if Trump in any way would materially hamper the Fed's independence. And we all know we have seen plans going into this direction." He notes that if the market is pricing in this risk, "then it certainly would be US dollar negative." He adds, "the most important part from the FX market perspective is Fed's independence. Will they run an interest rate policy which is mainly targeted on containing inflation risks? And this is something which would be good for the dollar, but on the other hand, if the Fed would be more political under a new chair, then this might be problematic and this might then cause US dollar weakness." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Investing.com
Microsoft expected to see "wave" of customer spending on AI products - Wedbush
Investing.com -- The "artificial intelligence party" for technology stocks is "just beginning" and should lead to a wave of customer spending on Microsoft (NASDAQ:MSFT)'s AI-optimized products, according to analysts at Wedbush.

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Week’s Best: JPMorgan Hires $28 Billion Merrill Lynch Team

Latest stories

ATO reveals 10 highest-paid jobs in Australia

All the major money changes coming from July 1, 2024

2 weeks left for Aussies to claim $500: 'Free money'

Domino’s responds to customer outrage over ‘double surcharge’

Interest rate cuts: Major banks predictions ahead of RBA meeting

Economists issue major warning on RBA interest rate cut

Latest inflation data provides potential for 'even greater upside' in the stock market rally

Foxconn Billionaire’s Eight-Year Stock Target Finally Comes True

Common cashless act ‘screwing’ Aussies: 'Most don't know'

I’m a Financial Planning Expert: 5 Best Purchases To Make in an Economic Downturn

Commonwealth Bank's major interest rate cut backtrack: 'Runway is shortening'

Hargreaves Lansdown to seek bid extension amid CVC-led talks

Buffett's Berkshire Hathaway lowers stake in Chinese EV giant BYD - media reports

Can Nvidia overtake more of the S&P 500?: Chart of the Day

17 States Where Property Tax Rates Are Lower Now Than a Decade Ago

Australia's central bank stays the course on rates, alert to inflation risks

Why a popular tech ETF is set to sell Apple & buy Nvidia

Investors in MA Financial Group (ASX:MAF) have seen decent returns of 49% over the past five years

US dollar weakness will hinge on Trump's stance on Fed

Microsoft expected to see "wave" of customer spending on AI products - Wedbush