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Alan Kohler takes you through today’s finance news, with fresh information about Australia’s median house prices.

Adelaide and Perth show fastest growing median house prices with Sydney still the most expensive

⏲ 1:47 👁 115K

Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.

Euro Zone Inflation Surges to 2.6% in May, Prompting Rate Cut Expectations

⏲ 0:43 👁 605K

The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.

European Central Bank Expected to Cut Interest Rates, Weakening Currency and Diverging from the Federal Reserve

⏲ 0:45 👁 105K

The meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021's epic short squeeze, could have a huge position in the video game retailer. Shares were last about 50% higher, trading above $34 apiece. Gill, known as Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot suggesting he holds 5 million shares and 120,000 call options in GameStop. Gill's recent return to social media has sparked buying frenzies among amateur traders, leading to a more than doubling GameStop's share price in May alone. GameStop took advantage of this rally by raising over $900 million in a stock sale.

GameStop Surges 50% as Speculation Grows on Keith Gill's, aka 'Roaring Kitty,' Massive Position

⏲ 0:45 👁 105K

GOP Frontrunner Donald Trump's campaign donation website crashed briefly due to a surge in donations from small donors after he was found guilty on 34 felony counts related to his campaign fundraising in a criminal trial in New York. Trump is embarking on an aggressive fundraising schedule in the coming weeks, including events in California, Texas, and the Hamptons. A fundraiser is being planned by venture capitalists in San Francisco on June 6th, with ticket prices starting at $50,000. Trump plans a July rally and fundraiser at Madison Square Garden that could generate millions from ticket sales. Trump continues to rely on donor funds to pay massive legal bills from the various criminal cases he faces.

Trump's Donation Website Overwhelmed as Small Donors Rush to Support Amid Guilty Verdict

⏲ 0:45 👁 490K

American Airlines has cut its forecast for second-quarter profit, lowering expectations for earnings. The airline cited weaker pricing power, with total revenue per seat mile now expected to decline higher than anticipated. Chief Commercial Officer Vasu Raja will also leave American Airlines in June after leading the company's new business strategy. Analysts have questioned American's moves to prioritize smaller markets over corporate clients. The forecast cut comes despite projections for record levels of summer travel demand and flyer numbers from the TSA and industry group Airlines for America.

American Airlines Lowers Profit Forecast Amid Analyst Skepticism Over Strategy Moves

⏲ 0:37 👁 370K

Prude Luxury Apartment is launched in Hyderabad at Brigade Neopolis

⏲ 0:21 👁 70K

#petroldieselprice #pmshehbazsharif #pakistaneconomy #headlines #imrankhan #pti <br/><br/>ARY News 3 AM Bulletin News 1st June 2024 | New Petrol Price - Today Petrol Price - Petrol Price<br/>

ARY News 3 AM Bulletin News 1st June 2024 | New Petrol Price - Today Petrol Price - Petrol Price

⏲ 20:32 👁 60K

Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

Oil price adjustment (June 4, 2024) | Unang Balita

⏲ 0:55 👁 50K

BJP Leaders React to Exit Poll Predictions | Lok Sabha Elections 2024 | Oneindia News

⏲ 9:31 👁 1.7M

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Foot Locker is surging.

Foot Locker surges as sneaker heads prepare to pay full price

⏲ 1:38 👁 1.4M

#petroldieselprice #headlines #PTI #pmshehbazsharif #asimmunir #t20worldcup2024 #weathernews <br/><br/>۔PTI demands recusal of CJP Isa from founder’s cases..<br/><br/>۔Govt slashes petrol price by Rs 4.74 per litre<br/><br/>۔PTI demands HRC report be made public<br/><br/>۔‘PTI founder unaware of Sheikh Mujibur Rahman’s video posted on X’<br/><br/>۔Pakistan’s development budget gets affected by IMF demands<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.<br/><br/>Official Facebook: https://www.fb.com/arynewsasia<br/><br/>Official Twitter: https://www.twitter.com/arynewsofficial<br/><br/>Official Instagram: https://instagram.com/arynewstv<br/><br/>Website: https://arynews.tv<br/><br/>Watch ARY NEWS LIVE: http://live.arynews.tv<br/><br/>Listen Live: http://live.arynews.tv/audio<br/><br/>Listen Top of the hour Headlines, Bulletins & Programs: https://soundcloud.com/arynewsofficial<br/>#ARYNews<br/><br/>ARY News Official YouTube Channel.<br/>For more videos, subscribe to our channel and for suggestions please use the comment section.

ARY News 12 AM Prime Time Headlines | 1st June 2024 | Govt slashes petrol price by Rs 4.74 per litre

⏲ 15:59 👁 50K

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