“Dangerous bubble sure to pop”. Wall Street has AI crash in the wings
“Keeping perspective” is Michael Pascoe’s mantra. He writes that AI mania has not just warped perspective, it risks blowing up reality. Over more decades than I care to count of…
Trump heaps praise on Albanese at diplomatic dinner
Donald Trump has lavished praise on Anthony Albanese at a ceremonial dinner ahead of the APEC summit in South Korea, talking up co-operation between the US and Australia on rare…
Microsoft Azure outage hits sites, Scottish parliament
Microsoft has deployed a fix to address an outage of its Azure cloud portal that has left users unable to access Office 365, Minecraft and other services while disrupting Scotland’s…
US central bank cuts rates, notes limits of data
A divided US Federal Reserve has cut interest rates by a quarter of a percentage point and announced it will restart limited purchases of Treasury securities after money markets showed…
Passing major nature reforms matter of ‘now or never’
Labor is challenging the coalition and Greens to help pass long-awaited nature reforms by the end of 2025. “Reform can and will be done,” Environment Minister Murray Watt will tell…
Shot to rate cut hopes as coffee leads inflation rise
The soaring price of coffee beans could be the reason home owners miss out on a Melbourne Cup day interest rate cut. Australian Bureau of Statistics data released on Wednesday…
UK PM does not commit to tax pledges ahead of budget
UK Prime Minister Keir Starmer has declined to commit to a previous pledge not to raise taxes on working people ahead of a budget next month, saying upcoming forecasts would…
Gambling lobby floats ad limit as uncertainty lingers
The gambling industry is calling for certainty after years of inaction on advertising reforms as harm reduction advocates push for a blanket ban. A phase out of advertising, banning inducements…
Asia stocks rise on AI and rates optimism
Asian shares have had a lift from Wall Street thanks to a fresh wave of optimism over artificial intelligence, as investors braced for a busy day headlined by the Federal…
Cracks in the NACC. Brereton protected while corruption remains hidden
The National Anti-Corruption Commission (NACC) is engulfed by missteps and scandals, further diminishing trust and confidence in the Labor Government. John Adams reports. Not a week can go by without…