ASX set to fall, Wall Street slumps as inflation gets worse; Netflix job cuts

The Sydney Morning Herald - Oct 14, 2026

Worries about worsening inflation are weighing on Wall Street and pulling the US stock market further from its record.

Read full article

More News

Aureka jags gold 725m beyond Victorian resource boundary
Oct 14, 2026

Aureka jags gold 725m beyond Victorian resource boundary

Aureka Ltd has extended its Irvine gold project in Victoria, hitting two high-grade zones 725m north of its existing 398,000-ounce resource in a first-pass scout hole.

Trump’s America and Wall Street are in a dangerous spiral
Oct 14, 2026

Trump’s America and Wall Street are in a dangerous spiral

Governments and Wall Street titans are borrowing at record rates. The ramifications could be catastrophic.

The $18 billion wipeout: Dating app Bumble sold after value plummets
Oct 13, 2026

The $18 billion wipeout: Dating app Bumble sold after value plummets

Bumble founder Whitney Wolfe Herd became one of the youngest self-made billionaires in the world when the company listed on Wall Street. Then younger users started souring on dating apps.

‘Danger premium’: Australians pay more to avoid flying via Middle East
Oct 13, 2026

‘Danger premium’: Australians pay more to avoid flying via Middle East

As the conflict in the Middle East rages on, travellers are increasingly unfazed and unwilling to pay a “danger premium” for flights avoiding the region.

I’m sick of immigration being blamed for problems it doesn’t cause
Oct 13, 2026

I’m sick of immigration being blamed for problems it doesn’t cause

But the resurrection of Pauline Hanson and her ratbag One Nation has changed all that, and now it’s on for young and old.

Big egg cartel: Major Australian suppliers accused of whipping up higher prices
Oct 13, 2026

Big egg cartel: Major Australian suppliers accused of whipping up higher prices

The competition watchdog has alleged Australia’s largest egg supplier engaged in cartel conduct with a raft of other producers.

ASX ends flat after slow session on Wall Street; Tech stocks slump, banks jump
Oct 13, 2026

ASX ends flat after slow session on Wall Street; Tech stocks slump, banks jump

The Australian sharemarket was treading water on Tuesday after a sell-off in chipmakers left US stocks wavering ahead of the reporting season.

Norfolk Metals installs seasoned duo in boardroom overhaul
Oct 13, 2026

Norfolk Metals installs seasoned duo in boardroom overhaul

Norfolk Metals has shuffled its board, appointing veteran Anthony McClure as executive chairman to steer its acquisition of the high-grade Ciclón copper project in Chile.

Can Adidas really own stripes – and did White Fox copy them?
Oct 13, 2026

Can Adidas really own stripes – and did White Fox copy them?

The German sportswear giant is taking Australian fast fashion outfit White Fox to task over the use of stripes, in a trademark dispute that will test the limits of common-sense and deceptive conduct.

Demoted for mentioning ‘the glass cliff’? Chris Bradley was just speaking truth
Oct 13, 2026

Demoted for mentioning ‘the glass cliff’? Chris Bradley was just speaking truth

The fact that questioning the glass cliff concept created such a strong kneejerk reaction makes me wonder why challenging the notion should be a punishable crime.

Orbit sets $12M rare earths spin-off in motion
Oct 13, 2026

Orbit sets $12M rare earths spin-off in motion

Orbit Resources has launched a $12 million rare earths float for its Matrix Critical Minerals spin-off, allowing the company to focus on its NSW gold-silver assets.

NeuroScientific Biopharmaceuticals clears key US Crohn’s trial hurdle
Oct 13, 2026

NeuroScientific Biopharmaceuticals clears key US Crohn’s trial hurdle

NeuroScientific Biopharmaceuticals has landed key US backing for its Phase 2 stem cell Crohn’s trial, green-lighting a planned year-end start subject to final preparations.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.