Browsing: hike

Wall Street sees a blowout jobs report and spiking Treasury yields as another sign that the Fed is going to have to hike rates to clamp down on inflation.

NEW YORK (AP) — The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control. U.S. stocks, meanwhile, dipped Friday but not by much after economists said a speech by Chairman Kevin Warsh helped strengthen faith that the Fed will do…

The AI boom is producing an unusual side effect: The machines being built to power artificial intelligence are making other technology more expensive. Memory prices have already surged, with server DRAM roughly doubling in the first quarter of 2026. Counterpoint Research reported an 80% to 90% quarter-over-quarter increase across DRAM, NAND, and HBM during the…

A senior government member says NAB is ‘overstating the case’ in its brutal prediction for renters over the next two years.

Cargojet Inc. executives say a new contract gives its pilots a 46 per cent wage boost over five years.