Capital Brief — Business news and politics for the new economy
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, investors who allocate it, and decision makers in the federal capital, Canberra.
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3 days ago · Business news including National home values slip for first time in almost two years, Cabinet papers reveal the toll of two decades of housing stalemate, ASX extends losses during final trading of 2024.
Finance and markets - Capital Brief
3 days ago · The 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.
Biden to block Nippon's $24b US Steel acquisition: reports
16 hours ago · The news: US President Joe Biden has decided to block the sale of US Steel to Japan's Nippon Steel, The Washington Post reported, citing two unnamed administration officials. The White House will announce the decision on Friday, US time, Bloomberg reported, also citing anonymous sources. The numbers: The two companies entered into an agreement in December 2023 for the sale of the American ...
China pledges 2025 stimulus for economic revival — Capital Brief
Dec 9, 2024 · The news: China’s Politburo announced a shift to a "moderately loose" monetary policy for 2025 in the first move towards monetary easing in 14 years, paired with a "more proactive" fiscal policy. The move away from a “prudent” stance comes as China seeks to address weak growth, deflation pressures and threats from US …
US inflation ticks up, Fed cut in focus — Capital Brief
Dec 11, 2024 · 1. CPI path: US inflation rose to 2.7% in November from 2.6% in October, according to the Bureau of Labor Statistics, as monthly CPI increased by 0.3%, matching forecasts. Core CPI, excluding food and energy, also rose 0.3% month-on-month and 3.3% annually. Shelter costs, making up nearly 40% of the …
US economy in soft landing ahead of elections — Capital Brief
Oct 30, 2024 · 1. Election economics: The US economy grew 2.8% in the third quarter, driven by strong consumer demand and bolstered by business investment and government spending, particularly in defence, according to a preliminary estimate by the Commerce Department. Days before the 5 November US presidential election, the data came slightly lower than the 3% GDP growth expected, but shows the economy ...
US confidence surges amid cooling jobs, rising trade deficit
Oct 29, 2024 · The news: US data showing rising US consumer confidence, a cooling labour market and a widening trade deficit gave mixed economic signals, highlighting the challenge for policymakers to balance growth optimism with signs of slowing job demand and trade pressures. The numbers: US consumer confidence surged in October, marking the strongest monthly rise since March 2021, as optimism over the ...
From 'modest' to 'significant': Deloitte details risk from China's ...
Oct 22, 2024 · A Reuters poll of economists this month also found an expectation of 4.8% for 2024, down from 5% when they asked the same question back in July, and 4.5% for 2025.. That’s despite stimulus from Beijing to help shore up the economy as the property sector slumps. Deloitte's outlook describes the measures as “piecemeal” amid persistent structural challenges, weak domestic demand and an ...
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Capital Brief is a business and politics focused publication that views the world through a new economy lens. It is targeted at the people who will shape this country in the coming decades: founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in the federal capital, Canberra.