#businesseconomicsandfinance — Public Fediverse posts

ASX to fall, US tech rout rattles markets
By Adelaide Miller and Lin Lin

Australian shares are set to fall after a US tech rout driven by concerns about AI spending, while oil hits a five-month high. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

https://www.abc.net.au/news/2026-10-23/asx-markets-business-news-live-updates-oct-23/107291840

#StockMarket #FinancialMarkets #Currency #CompanyNews #BusinessEconomicsandFinance #EconomicTrendsandIndicators #Cryptocurrency #AdelaideMiller #LinLin

Live: ASX to open higher as Wall Street surges
By Adelaide Miller

The Aussie share market is set to open higher after Wall Street surges. Meta raises the lower end of its spending forecast to fund its AI expansion. Follow the latest on our live markets blog.

https://www.abc.net.au/news/2026-10-22/asx-markets-business-news-live-updates-thursday-22-october/107295020

#StockMarket #FinancialMarkets #Currency #CompanyNews #BusinessEconomicsandFinance #EconomicTrendsandIndicators #Cryptocurrency #AdelaideMiller

Breaking: Banks, websites offline as Google Cloud services fail across Europe
By Thomas Morgan

The technology giant's London data centre reports "service disruption" as major banking institutions experience outages.

https://www.abc.net.au/news/2026-10-20/google-cloud-failure-europe-banks/107290238

#Internet #Banking #TelecommunicationsServicesIndustry #ComputerScience #BusinessEconomicsandFinance #ThomasMorgan

The more that big companies axe staff, the closer we get to a recession
By David Taylor

It's not just NAB that is slashing its staff numbers, as large businesses look for ways to become "more agile" during lean times. But could this turbo-charge the path to recession?

https://www.abc.net.au/news/2026-10-20/nab-layoffs-big-companies-axing-staff-closer-recession/107288940

#BusinessEconomicsandFinance #Banking #InterestRates #EmploymentStatistics #DavidTaylor