BUSINESSSpaceX stock sinks for a second day as company slips below Amazon in market capInvestor bullishness showed signs of waning on Wednesday, as shares sank 5%.CNBC·1w ago
BUSINESSThe average SpaceX buyer post-IPO is almost under water after two-day slideShares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.CNBC·1w ago
BUSINESSSpaceX shares to more than double to above $400, research firm predictsThe stock move could make SpaceX the largest company in the world.CNBC·1w ago
BUSINESSThe CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing<p>Do the concessions undermine the original objective of helping young Australians buy their own home? No</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jun/19/news-live-australia-ukraine-jim-chalmers-anthony-albanese-capital-gains-tax-concessions-business-pauline-hansoThe Guardian·1w ago
BUSINESSPauline Hanson says she ‘had to have a conversation’ about immigration and the Aboriginal flag with new Farrer MP<p>David Farley was told One Nation’s policy was to fly only the Australian flag, party leader tells conference</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jun/19/news-live-australia-ukraine-jim-chalmers-anthony-albanese-capital-gains-tax-concessions-business-pauline-The Guardian·1w ago
BUSINESSAustralian net overseas migration falls to lowest level since 2022 – but the Coalition says that’s still too high<p>Australian Bureau of Statistics figures show migration growth is above pre-pandemic levels but tracking steadily down</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jun/19/news-live-australia-ukraine-jim-chalmers-anthony-albanese-capital-gains-tax-concessions-businessThe Guardian·1w ago
BUSINESSPeople starting new jobs at lowest level in five yearsThe Office for National Statistics says some areas of the jobs market are weakening, as vacancies continue to fall.BBC News·1w ago
BUSINESSStock futures rise as Fed hints at possible rate hike in 2026; Kospi hits over 9,000 for the first time: Live updatesAfter hitting a fresh intraday all-time high, the Dow Jones Industrial Average ultimately closed more than 500 points lower on Wednesday.CNBC·1w ago
BUSINESSChina to return as major oil buyer in August, JPMorgan says, naming its top stock picksThe pullback in oil imports by the world's largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.CNBC·1w ago
BUSINESSAlbanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash<p>Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changes</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jun/18/australia-news-live-non-stop-sydney-london-flights-qantas-one-nation-pauline-hanson-labor-anthony-albanese-economy-cost-The Guardian·1w ago
BUSINESSWhy Wall Street banks and foreign borrowers are rushing to tap China’s cheap moneyForeign governments, Wall Street banks and multinational companies are flocking to China's panda bond market.CNBC·1w ago
BUSINESSOil prices fall, stocks rally as US, Iran sign framework to end warBrent crude drops 2.3 percent, while key stock indices in Japan, South Korea and Taiwan climb.Al Jazeera·1w ago