US stocks have risen for the first time in six days after some encouraging jobs and housing market data.The Dow Jones Industrial Average rose 55.04 points (0.36 per cent) to 15,328.30.
Managing risk and implementing methodical strategies have helped three local companies hit their targets, guests at a recent Business News Success & Leadership breakfast heard.
The US Federal Reserve is looking into allegations that traders received information about its policy decision last week ahead of the official release time.
The Australian dollar is slightly higher against the US dollar as the greenback is pressured by weaker economic data and worries over US government budget negotiations.
US stocks have ended an up-and-down day mostly lower, as investors watched a Washington budget debate as the deadline for funding the government looms.The Dow Jones Industrial Average fell 66.79 (0
West Perth-based gold miner Middle Island Resources has raised $5 million towards its proposed acquisition of the Samira Hill gold mine in West Africa through a share placement.
Investment firm Macquarie Group still expects its profit to rise in the current fiscal year, so long as financial market conditions continue to improve.
Today's young workers can expect to have an average $1.1 million in their superannuation by the time they retire but it won't be enough to maintain a comfortable post-work lifestyle.
The Australian dollar has fallen against a stronger US dollar, after a senior US Federal Reserve official said the Fed still could taper its bond purchases this year.
The Australian market looks set to open lower after Wall Street gave up much of the gains made on the Federal Reserve's no-taper decision to finish lower at its last session.
Consumerand business sentiment on one hand, and confidence on the other, have jumped either side of the election such that optimists now comfortably outnumber pessimists.
