Business

Australian "Big Four" lenders have cut their interest rates in tandem with the Reserve Bank of Australia (RBA) following its first rate cut since November 2020. CBA, NAB, Westpac, and ANZ have reduced their interest rates by 25 basis points.

Published on: February 18, 2025, 05:01 AM UTC

The low-cost airline model is eroding as costs soar and passengers opt for more comfortable seats and spacious upgrades. Spirit Airlines once again rejected an acquisition proposal from Frontier, valued at $2.16 billion. The low-cost carrier model works by offering cheaper seats than traditional airlines to domestic and near-US destinations while charging fees for items like checked bags, seating selection, and snacks or drinks.

Published on: February 18, 2025, 04:02 AM UTC

Australia's central bank has reduced its benchmark interest rate for the first time since October 2020, as inflation cools. The Reserve Bank of Australia cut the cash rate by a quarter percentage point from 4.35% to 4.1% at its first board meeting for the year.

Published on: February 18, 2025, 04:00 AM UTC

Despite economic headwinds like rising inflation and geopolitical tensions, the stock market can still rise due to factors like strong earnings growth and positive operating leverage. The concept of "ceteris paribus" reminds investors to consider all variables when assessing market developments, as positive factors may offset negative ones. Despite market concerns, the long-term outlook remains favorable, driven by continued demand and economic growth, supporting stock market performance over time.

Published on: February 18, 2025, 03:01 AM UTC

Australia's largest office landlord Dexus pitches the country as a safe harbor for investors amidst geopolitical uncertainty, aiming to sell A$2 billion of assets in three years.

Published on: February 18, 2025, 03:00 AM UTC

Delaware lawmakers propose changes to corporate law to limit shareholder lawsuits, potentially reversing a trend of companies moving their legal home to other states.

Published on: February 18, 2025, 03:00 AM UTC

Rising car loan and credit card debt is leaving many Americans in a year-round financial crunch. Credit counselors are seeing more people struggling to make payments and relying on high-interest debt, even those with decent incomes. With inflation still high and interest rates rising, the situation is expected to worsen, making it crucial for those concerned about their finances to seek help早めに解決策を見つけ、事態を好転させるためには、困窮しているときに連絡を取ることが重要です。

Published on: February 18, 2025, 02:00 AM UTC

Netflix, Amazon, and other streaming services are increasingly investing in live events and sports to prevent churn and compete with traditional TV players. Levy, co-CEO of Horizon Sports and Experiences, highlights the importance of providing content that keeps customers engaged, noting that sports programming has built-in fan bases and is highly successful.

Published on: February 18, 2025, 01:01 AM UTC

Former NBA player Evan Turner shares his biggest financial mistake and how he recovered from it. He also discusses the importance of financial literacy and having a close relationship with your financial advisor.

Published on: February 18, 2025, 01:01 AM UTC

Listen to Stocks in Translation, a podcast by Yahoo Finance that provides insights on the major trends and events impacting the investment landscape.

Published on: February 18, 2025, 01:01 AM UTC