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Higher interest rates are biting in the US and about to bite in Australia. Higher interest rates bring lower asset prices. The

with news US workers are back with incomes rising faster than inflation, and China is back with notable growth. But first up today ...

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We have been searching for some positives in these dark days and may have found some. Read the full story here: ...

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The latest US Fed statement was a tame affair. They are sitting pat while the

The global economic recovery seems to be very bad news for the climate. Read the full story here: ...

American inflation is now at 5% in a new sudden jump. Read the full story here: ...

... in

Markets and traders are feeling more positive today. Read the full story here: ...

US consumer confidence rises. US house prices rise but number of sales fall. Household

The

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Gold jumps 3.5% to US$1318/oz as markets absorb global risks. US jobless claims, factories record solid gains. Argentina edges ...

Optimism in China is flowering. Read the full story here: ...

73% of Americans are saving less than last year. More than 1 in 4 has zero emergency savings. The gap between where you are ...

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In the US, consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases ...

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