ASX set to fall as Wall Street slumps on inflation report; Anthropic targets $2 trillion valuation

The Sydney Morning Herald - Nov 10, 2026

US stocks are falling after a report showed inflation was worse across the country last month than economists expected.

Read full article

More News

Nov 10, 2026

The midterm message to Trump and Albanese: Fix the economy to keep your job

What can governments do about cost of living? Nothing that is quick or painless.

Nov 10, 2026

Stressed and out of pocket: David Jones’ great-great-great grandson is owed money, too

Ben Nothling, a sixth-generation descendant of the Welsh entrepreneur David Jones, owns a shoe business. He’s owed $130,000 by the collapsed retailer.

Nov 10, 2026

Who is Alice Huang? The suspected Chinese spy at the centre of the Nvidia scandal

At the heart of the controversy surrounding one of the world’s biggest companies is a former television journalist suspected of spying for the Chinese government.

Nov 10, 2026

Who keeps crashing China’s sharemarket?

China is again in the midst of a sharemarket rout. The blame game has already begun.

Nov 10, 2026

ASX jumps, shrugging off weak consumer confidence, as oil prices fall

The Australian sharemarket had a strong session after US President Donald Trump said the Iran war “is effectively over”, boosting hopes for an end to the conflict that has driven up global energy costs.

Nov 10, 2026

Auric supercharges WA gold growth with 68Koz Iron Maiden deal

Auric Mining has struck a deal for the Iron Maiden gold project near Norseman, adding a historical 68,500-ounce resource and potential future feed for its Burbanks mill.

Nov 10, 2026

Lindian lands 30Kt per annum Malawian rare earths offtake

Lindian Resources has secured an annual 30,000-tonne binding offtake for monazite concentrate from its Kangankunde rare earths project with a major global refiner.

Nov 10, 2026

Qantas to cut 850 local jobs as it shifts roles to India

A leading union said it was told by Qantas earlier in the year there was “no plan” to offshore any jobs. Qantas vigorously denies the claim.

Nov 10, 2026

Nvidia CEO’s fling will be an affair to remember for AI, and for Trump

Jensen Huang’s liaison with an alleged Chinese spy could cost Nvidia billions, set America’s AI sector back in its arms race with China, and embroil the US president.

Nov 10, 2026

Watchdog warns retailers over fake Black Friday deals and false urgency

Retailers are being warned not to mislead shoppers into thinking they’re getting more of a deal than they actually are during Black Friday sales.

Nov 9, 2026

Trump says FBI ‘looking at’ Nvidia CEO amid spy probe fallout

Trump made the announcement as his own close relationship with Jensen Huang came under renewed scrutiny.

Nov 9, 2026

Corporate cop investigating $3b collapse of major Sydney builder

Financial advisers are channelling money into a sector that ASIC has accused of being home to some operators that use hidden fees and shift investor cash around.

ASX set to fall as Wall Street slumps on inflation report; Anthropic targets $2 trillion valuation

More News

The midterm message to Trump and Albanese: Fix the economy to keep your job

Stressed and out of pocket: David Jones’ great-great-great grandson is owed money, too

Who is Alice Huang? The suspected Chinese spy at the centre of the Nvidia scandal

Who keeps crashing China’s sharemarket?

ASX jumps, shrugging off weak consumer confidence, as oil prices fall

Auric supercharges WA gold growth with 68Koz Iron Maiden deal

Lindian lands 30Kt per annum Malawian rare earths offtake

Qantas to cut 850 local jobs as it shifts roles to India

Nvidia CEO’s fling will be an affair to remember for AI, and for Trump

Watchdog warns retailers over fake Black Friday deals and false urgency

Trump says FBI ‘looking at’ Nvidia CEO amid spy probe fallout

Corporate cop investigating $3b collapse of major Sydney builder

Recommended

Data centre giant apologises to Melbourne residents, vows to get power to site