The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.0 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and support maximum Read more…
Gold managed to move in positive territory in the previous week, rebounding from a 4-week losing streak. Yesterday, Monday the 23rd Gold jumped to a new weekly high price reigniting further bullish expectations for the Read more…
As April housing data winds down, the New Homes Sales print was ugly at -16.6% MoM. Expectations were for -1% MoM vs -10.5% MoM in March. The actual number of 591,000, seasonally adjusted, was the Read more…
The sad memories of the 2008 financial crisis resurfaced on the markets after a cryptic tweet from ‘Big Short’ legend Michael Burry. Are we about to relive the financial crash of 2008? The question is Read more…
The billionaire and CEO of Tesla was born in South Africa and moved to Canada as a teenager. Is this the return of the prodigal son? If Elon Musk has become the world’s most influential Read more…
The big tech names that once made up the FAANG group now look more like the Icarus Index. We’ve reached that stage in the market’s decline when people are starting to notice just how crummy Read more…
Illustration by Alex Castro / The Verge During its WWDC 2021 event, Apple laid down a slew of policy changes for the App Store, adjusting the rules for everything from bounty hunting to whether or Read more…
In the fast-food world, Burger King’s Whoppers are all about upping the ante. In the high stakes world of the fast-food industry, brands are constantly jocking for customer attention by trying to one-up each other. Read more…
And now he can’t make his Bored Ape show. Remember NFTs? 2021 really was a mood, wasn’t it? The non fungible token was inescapable last year, from Saturday Night Live parodies to that awkward moment Read more…