Category: News

In a story lifted straight from the Simpsons playbook, a US$10,000 bill issued by the U.S. Federal Reserve in 1934 has recently been auctioned for a whopping US$480,000 to a private collector.

The U.S. federal government is potentially less than a week away from a shutdown which could have far-reaching implications, from the political to the economic, with Congress still at an impasse for spending bills that fund government operations.

The Tasmanian Government’s streetlight replacement program is well underway, with more than half of their lights being replaced so far and Traffic Technologies Ltd (ASX: TTI) being at the helm of the operation. More than 1,000 lights on the road network have been swapped out so far, from old mercury vapour globes to new LED lights that use 82% less energy and have a 10-year life cycle.

US national debt has hit US$33 trillion for the first time in history, and the country is once again less than two weeks away from facing a potential shutdown over a lack of funding. Congress is at a standstill over the issue, and markets are again observing the negotiations take place and assessing whether portfolio adjustments into safe havens need to be made.

Apple’s stocks look set to go up as customers flocked to pre-order the newly launched iPhone 15.

What is it about surprise winners and near misses when it comes to the lottery?

Like it or not, there are not many markets which are as primed for private equity in Australia as the aged care sector. However, while its reputation is mixed, the influx of private capital can have positive effects on companies and consumers, particularly if a market is struggling.

In more good news for Far East Gold Ltd (ASX: FEG), the mining exploration company has announced it is extending the Phase 2 scout drill program at the highly prospective Woyla Copper Gold Project for an additional 2,000m.

Reach Markets recently joined ausbiz to co-host the ‘Gold Rush!’ live online event, where an expert panel discussed their thoughts on what is currently happening with the world’s most precious store of value – good old gold.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In September 2023, Merewhether Capital’s Luke Winchester selected Austco Healthcare Ltd (ASX: AHC) as one of his favourite stocks, highlighting thei

In the lead up to this week’s The Insider: Meet the Fund Manager, Dan Porter from PURE Asset Management sat down with Reach Markets to provide a bit of information about his investment strategy, industries of interest and view on…

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In August 2023, Lion Selection Group’s (ASX: LSX) Hedley Widdup selected Alto Metals Ltd (ASX: AME) as one of his favourite stocks,…