Capital Brief — Business news and politics for the new economy
WEBTeal MP Kylea Tink has left the door open to running in Bradfield, but there's already a Climate 200-backed candidate who insists she's going nowhere. Capital Brief covers business and politics news for those shaping the new Australian economy: founders and executives who need capital to grow their businesses, the people who help them get it ...
Latest — Capital Brief
WEBBusiness news including Macquarie unit charged with fraud, “took advantage of retail” clients: SEC, FTC slams tech giants for AI, data surveillance practices, Power bills would rise under Coalition's nuclear plan, says energy think tank.
Finance and markets — Capital Brief
WEBThe latest finance and markets news from Capital Brief, including banking, deals, ESG, funds management, investment banking, infrastructure, markets, private equity, professional services and venture capital coverage.
Analysts see US Fed focused on soft landing — Capital Brief
WEB2 days ago · The news: Economists and analysts expect the Federal Reserve to continue rate cuts through next year as it focuses on a soft landing for the US economy, which could boost risk assets further. The numbers: The Federal Reserve overnight cut interest rates by 50 basis points (bps) to 4.75% to 5.0% — a larger-than-usual reduction that is expected to kick off a steady easing of monetary policy.
US Fed slashes rates by 50bps, kicks off cutting cycle
WEB2 days ago · The news: The US Federal Reserve cut its benchmark interest rate by 0.5 percentage points, lowering the federal funds rate to a range of 4.75% to 5% following concerns over the labour market. The numbers: The decision saw an 11-1 vote, with Governor Michelle Bowman dissenting in favour of a smaller 0.25-point cut, the first by a Fed board member since 2005.
Markets — Capital Brief
WEB2 days ago · Airtasker's Tim Fung defends unusual equity for ads contra deals. The online marketplace's CEO is betting future growth on a series of strategic marketing deals with US and local media companies that have put shareholders at risk of dilution. Jack Derwin · 4 September 2024. Briefing Market Wrap.
Microsoft launches US$60b buyback, boosts dividend
WEB4 days ago · The news: Microsoft on Monday afternoon (US time) announced a US$60 billion ($88 billion) stock buyback at the same time as it raised its quarterly dividend 10% to US$0.83 per hare. The numbers: Market reaction to the move since the announcement has been minimal, with Microsoft's stock up 0.75% in after-hours trading to US$433. The company is currently the second most valuable in the world ...
Technology and startups - Capital Brief
WEB2 days ago · The world’s third-largest cybersecurity firm faces scrutiny after a data breach, first reported by Capital Brief, saw 440GB of information leaked online. But serious questions remain about the breach’s full impact and scope. Daniel Van Boom and Anthony Galloway · 13 September 2024.
Fintech - Capital Brief
WEBSep 3, 2024 · Real-time payment growth in Australia draws fintech interest. Global fintechs like Volt and GoCardless are attracted to Australia's consistent growth in real-time payments, driven by customer behaviour and business demand. Andrew Cornell · 16 July 2024. Briefing APPLE UNLOCKED.
The Edition newsletter - Capital Brief
WEBThe world’s third-largest cybersecurity firm faces scrutiny after a data breach, first reported by Capital Brief, saw 440GB of information leaked online. But serious questions remain about the breach’s full impact and scope. Daniel Van Boom and Anthony Galloway · 13 September 2024.