The Australian Bureau of Statistics’ data on Tuesday showed retail sales rose 0.6 percent in May, beating expectations for a meagre 0.2 percent increase. It also follows a solid 1.0 percent jump in April, marking the best two months of sales since end-2013.The data will comfort the country’s central bank which had feared ballooning debt in the red-hot property sector was pinching consumers’ abi…
Read moreGross domestic product increased at a 3.5 percent annualised rate also supported by a surge in inventory investment and solid government spending, the Commerce Department said on Friday in its first estimate of third-quarter GDP growth.While that was a slowdown from a 4.2 percent pace in the second quarter, it still exceeded the economy’s growth potential, which economists put at about 2 percen…
Read moreTaylor Swift & Travis Kelce Pack on PDA at Super Bowl After-Party
Taylor Swift and Travis Kelce are proving their game-day celebrations never go out of style.
In fact, the "Anti-Hero" singer and Kansas City Chiefs tight end spent the evening basking in the afterglow of Travis' 2024 Super Bowl overtime win against the San Francisco …
Read more