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Yahoo Finance's Thursday morning wrap

Lucy Dean
The Duke and Duchess of Sussex are waving goodbye. Image: Getty
The Duke and Duchess of Sussex are waving goodbye. Image: Getty

Good morning.

Here’s everything you need to know in finance today.

Royal bombshell: The Duke and Duchess of Sussex have announced they will step down as senior royals while working to become financially independent. But how much is Meghan Markle worth now?

ASX to rise: The Australian share market is expected to rise following indications from US President Donald Trump that the US would not respond militarily to the missile strikes on US bases in Iraq.

The Spi200 futures contract up 62 points at 0700 AEDT on Thursday, after the president’s comments sent the S&P 500 and the Nasdaq to all-time highs.

Wall Street: Wall Street edged higher on Wednesday following signals that the Iranian strike on US bases in Iraq was the end of the nation’s retaliation against the US for the assassination of General Qassem Soleimani.

Bushfire tax break: Bushfire victims who receive the Disaster Recovery Allowance will no longer have that payment taxed following political and social media pressure.

You’re fired: A Canadian worker was fired after complaining about a disappointing Christmas gift. So, what was the gift?

Lessons from Black Saturday: With Australia still in the throes of its massive bushfire crisis, thoughts are also turning to rebuilding. Black Saturday survivors offer some surprising insights into the process.

Billionaire v comedian: Mining magnate Gina Rinehart has hit back at comedian Celeste Barber after she questioned whether the multi-billionaire had donated funds to bushfire efforts.

Rinehart allegedly said she prefers to contribute privately.

Have a great day.

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