ACN Business

Fed slashes rates by a half-point – what that means for the economy and the presidential election

Written by Michael Walden, Professor and Extension Economist, North Carolina State University

All smiles as Fed Chair Jay Powell signals he's confident he's winning the inflation fight. AP Photo/Ben Curtis

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been...

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals
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Why Iran can’t afford to shut down the internet forever – even if the world doesn’t act
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Why the world’s central bankers had to speak up against Trump’s attacks on the Fed
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Traditions of Rural Bali at Villa Sabana
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Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Chris Hancock AM Honoured as 2025 Communications Ambassador
SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Industry Excellence (TIE) Awards. The accolade recognises Mr Hancock's significant…
Three ways to achieve your New Year’s resolutions by building 'goal infrastructure'
The odds of hitting your target goals is improved by building 'goal infrastructure'.ShutterstockEvery year most of us make New Year’s resolutions. Eat healthier. Exercise regularly. Invest more in valued relationships…
Worried about price gouging? For banks, there’s a simple solution
Does it feel like you’re being charged more for all sorts of things these days, from groceries to banking? Turns out, you’re right.While we might be more likely to remember…

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...