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Wall Street falls on sliding oil, energy stocks
Wall Street fell as energy stocks moved lower with the price of oil amid fresh signs of an unabated global glut.
Wall Street fell as energy stocks moved lower with the price of oil amid fresh signs of an unabated global glut.
COMMENT: The financial world is full of ironies and anomalies.
Wall Street was mixed along with the latest US economic data, while oil prices moved lower as did the greenback.
COMMENT: Reserve Bank is expected to lower its base interest rate again but the target range puts it under undue pressure.
Nearly 53,000 migrants indicated on their arrival cards they intended to settle in Auckland in the year to June.
WATCH: Liam Dann and Anne Gibson make sense of all the different property data that's released each month.
COMMENT: Here are some of the life lessons Byron Wien has learned in his first 80 years.
Traders say a Reserve Bank interest rate cut next week is a foregone conclusion.
The country is one more step toward creating the "united states" of India.
Hong Kong-based exchange Bitfinex halted trading, withdrawals and deposits after discovering a security breach.
COMMENT: If you missed out on a payrise in the past year - or it was so small you hardly noticed - then don't feel too bad. You weren't alone.
Could Auckland's property market finally be levelling off after all these years?
The Reserve Bank of Australia has cut its cash rate to 1.5 per cent, a fall of 25 basis points. In a statement, governor Glenn Stevens
New restrictions on property investors could see nationwide house sales fall as much as 25pc in a year, but the effects are likely to be temporary .
Cost cutting by farmers had helped to drag down Dairy NZ's break-even price to $5.05 per kg of milk solids from $5.25 previously.
Watch NZH Focus: New Zealand house values have just exceeded $600,000 for the first time while Auckland values climbed towards $1 million.
No senior banking executives have received jail time in the U.K. or U.S., but Ireland just handed down three rare convictions.
British research and innovation could suffer because of the vote to leave the European Union.
Should Australia and New Zealand follow the lead of the UK to curb housing unaffordability?
The best of NZ Herald Business: Robots, virtual reality, artificial intelligence -- will they kill our jobs? And how do we future-proof our children?
Challenges facing the dairy industry are taking their toll on farmers, Federated Farmers West Coast provincial president Peter Langford says.
Mainfreight chair Bruce Plested says taking the heat out of the housing market and paying teachers better can fix economic and social problems.
The British economy appears to have had a last hurrah before Brexit.
Claims of thousands of empty "ghost houses" adding to Auckland's housing crisis have been labelled "bollocks" by a leading economist.
COMMENT: Things have calmed down since that dramatic Friday when the Brexit votes were being counted, but don't get comfortable, there's more to come.
Scientists have a few words of warning for Government attempts to clear our islands of pests.
Biologists are adding a gene to the DNA of the pigeon pea, in hopes of boosting export output by 30 per cent.
Creditors of defunct electrical retailer Dick Smith have voted in favour of liquidation. Administrator McGrathNicol will take
Wall Street has closed higher, clinching the fourth straight positive week for the stock market.
Education futurist Frances Valintine fears New Zealand risks being left behind in the global digital revolution.