Housing construction is at its strongest level since 2016, but it’s AI that is sucking up resources for builders

The US 10-year Treasury ​yield hit its ‌highest level in 24 ​years on ​Thursday, as a ⁠brutal bonds ​selloff gathered ​pace.

YouTube video by Tod Maffin

Less than a week after listing his Marlborough, Massachusetts, home for $1.28 million, Alton Bradshaw had already cut the price twice.

Proposals revealed as senior personnel from OpenAI, the creator of ChatGPT, met with Albanese ministers The Albanese government is considering giving AI companies access to Australian creatives’ works by default as its pursues a compromise with American tech giants. The proposals were revealed as senior personnel from OpenAI, the creator of ChatGPT, met with Labor ministers and warned Australia’s copyright laws were preventing the company training models locally. Continue reading...

Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest levels in over a decade will continue.

Barnaby Joyce has melted down (again) when asked for simple answers over One Nation's superannuation policy in an ABC interview, while Labor pushes ahead with plans to put controls over what people se...

When politicians make announcements wearing hi-vis and hard hats they are making a terrible miscalculation about who Australian voters really are, says one of Australia's great journalists George Mega...

Many people don't pay attention to bond markets, but they should — especially now. This is why they matter and why the drop in bond prices is signaling investor concerns about the U.S. economy.

Aircraft carrier’s crew in ninth month at sea and has spent record 250 days consecutively without making land

Legislation before NSW Parliament to allow police access to mobile phone data without a warrant, developed by Israel Defence Force veterans.

Shares in United Wholesale Mortgage fell by as much as 49% Thursday, a record slide after the country’s biggest mortgage lender announced a net loss of $452 million and suspended its dividend for the first time.