Business
ASX to edge up, Wall St pulls back – The Australian Financial Review
Australian shares appear set to open modestly higher, though as US head toward a lower close positive sentiment may prove difficult to maintain.
Most of the spending bounce is the result of unemployment benefits as well as one-time stimulus payments, Pantheon also said.
“If enhanced benefits are not extended by the end of July, they will expire, and household incomes will be exposed to the full collapse in payrolls.
“Our base case remains that this won’t happen, and that Republicans in the Senate are too scared by recent polling to throw many millions of people into penury just three months before the election. As of right now, though,…
-
Noosa News12 hours agoFarmers angry as Woolworths imports US butter in green and gold packaging
-
General8 hours agoLiberal politicians on Qantas plane that made urgent turnaround to Adelaide
-
General22 hours agoCar bomb outside Islamabad court kills at least five, Pakistani media says
-
General22 hours agoTwelve dead after bombing outside Islamabad court, Pakistan interior minister says