“Impossibly unaffordable”. That’s how international researchers describe Australia’s housing market. Australia’s major cities keep beating other global cities as one of the most unaffordable places in the world to buy a home. The 2025 Demographia International Housing Affordability report released each year examines markets in Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom
After a massive drawdown in the initial reaction to President Trump’s April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be
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Illustration: Xia Qing/GT Foreign institutional investors increased their holdings of Chinese government bonds by 49.29 billion yuan ($6.83 billion) in April, marking a third consecutive month of net inflows and longest such trajectory since late 2023, according to data from China Central Depository & Clearing Co, as reported by Yicai Global on Tuesday. The steady
UNH stock rises more than 7%, closing the gap from May 15. New CEO Stephen Hemsley buys $25 million worth of UNH stock. Shareholders are still waiting to hear about the Justice Department’s fraud probe of UnitedHealth. US market largely slumps on Moody’s downgrade of US government debt. UnitedHealth Group (UNH), the largest private health
A number of industry experts have urged policymakers to prioritise life-long financial education after the Financial Conduct Authority revealed 13mn adults have low financial resilience. The Investing and Saving Alliance (Tisa) called for policymakers to start financial education in primary school with a view to scale it up throughout the years to reach targeted support
US Stock Market Live: Futures on Wall Street are currently pointing to a negative start to Tuesday’s trading session, even as investors brushed aside concerns arising from the Moody’s downgrade. Monday’s session saw the resultant gap-down from the downgrade being swiftly bought into, as benchmark indices recovered all their losses to end above the flat
Serenity Strull/ BBC/ Getty Images (Credit: Serenity Strull/ BBC/ Getty Images) What we earn can affect our mental wellbeing, especially when we compare ourselves to those around us – and it can negatively influence male mental health. “It stings your pride a little bit that your wife’s the one out making all the money,” said
Today’s horoscope for Tuesday, May 20 sees one star sign realising that having clear goals will make it far easier to get results. 07:46, 20 May 2025Updated 07:51, 20 May 2025 Find out what’s written in the stars with our astrologer Russell Grant(Image: Daily Record/GettyImages) It’s Tuesday, May 20 and one star sign is realising
The S&P 500 (^GSPC 0.09%) has advanced 1% year to date, a remarkable recovery after the index slid into correction territory in March. President Trump’s decision to roll back certain tariffs and pause others has given investors a confidence boost. However, the duties imposed by the Trump administration have still raised the average tax on