Posts by Liam Redmond
New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year Published Wed, Feb 18, 2026 · 11:22 AM [WELLINGTON] New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects them to remain there for a period while the economy regathers momentum. The Reserve Bank of…
Read MoreAs LA schools boss burns ICE, cops ask protester students to tone it down
LA’s schools boss has been condemned for his anti-ICE rants as more students across the city prepare to walk out of classrooms to protest against illegal immigration crackdowns. Los Angeles Unified Superintendent Alberto Carvalho is one of the nation’s top educators. He’s also a been a very vocal critic of federal immigration enforcement. “Immoral, unethical…
Read MoreBuffett cuts Amazon stake, makes bet on The New York Times
Published Wed, Feb 18, 2026 · 10:13 AM [NEW YORK] Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a stake in The New York Times, his last new bet as chief executive officer of the conglomerate. Omaha, Nebraska-based Berkshire acquired 5.1…
Read MoreLake Tahoe avalanche is latest tragedy in a deadly winter from hell in California mountains
An apocalyptic avalanche that buried up to 10 backcountry skiers north of Lake Tahoe on Tuesday is only the latest tragedy during a deadly winter from hell in California’s vast mountain ranges. A rescue effort to find survivors remained ongoing in the Central Sierra Nevada — the same area where another avalanche killed a snowmobiler…
Read MoreGold rises on dip-buying after more than 2% drop
A stronger US dollar makes greenback-priced bullion more expensive for other currency holders Published Wed, Feb 18, 2026 · 09:57 AM [BENGALURU] Gold edged up on Wednesday (Feb 18) on dip-buying, after losing more than 2 per cent in the last session on progress in US-Iran talks, while thin trade on account of the Chinese…
Read MoreIMF urges Japan to keep raising rates, avoid reducing sales tax
With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates Published Wed, Feb 18, 2026 · 09:26 AM [TOKYO] The International Monetary Fund (IMF) urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that trimming the consumption tax would erode…
Read MoreLA couple opens up coffee shop at their home and the community can’t get enough
They’re serving up the house blend. A Los Angeles couple have transformed their home into a buzzworthy coffee shop, thanks to a quirky California program that allows businesses to operate out of private residences. Sydney Wayser and Isaac Watters run Grenada from the lower level of their abode in Angelino Heights, serving up java and…
Read MoreUS agencies have developed critical minerals price floor system
It’s the latest update to progress being made by the US and its allies to ringfence Western companies from China’s pressure on those markets Published Wed, Feb 18, 2026 · 09:01 AM [NEW YORK] The US has developed a critical minerals price floor system that it’s pitching to allies as the Trump administration and more…
Read MoreNational Australia Bank’s shares hit record high on robust first-quarter cash profit
Australia’s top business lender has posted cash earnings of A$2 billion for the quarter ended Dec 31 Published Wed, Feb 18, 2026 · 08:46 AM [BENGALURU] National Australia Bank’s (NAB) shares shot to a record high after the top business lender reported a 16 per cent growth in its first-quarter cash earnings on Wednesday (Feb…
Read MoreExclusive | Hilaria Baldwin finally seems able to laugh over her fake accent controversy
It is, how you say. . . Hilaria-ous! A spy tells us that Hilaria Baldwin — who once blamed a “coordinated mob” for questioning her ever-evolving accent — showed she can laugh at the controversy during a Valentine’s-themed lunch for Gurus Magazine. A source tells Page Six Hilaria Baldwin may finally be finding some humor…
Read MoreOil prices slide 2% to two-week low on talk of progress in US-Iran talks
Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz Published Wed, Feb 18, 2026 · 06:47 AM [NEW YORK] Oil prices fell about 2 per cent to a two-week low on Tuesday (Feb 17) on hopes tensions between the United States and Iran were…
Read MoreEquities close with slight gains as tech shares recover
Traders are pricing in a chance of roughly 63% for a rate cut of at least 25 basis points at the Fed’s June meeting, the first with odds above 50% Published Wed, Feb 18, 2026 · 06:39 AM [BENGALURU] US stocks managed to eke out slight gains on Tuesday (Feb 17) after struggling in the…
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