Posts by Liam Redmond
New Zealand holds key rate, sees policy staying accommodative
[ad_1] The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year Published Wed, Feb 18, 2026 · 11:22 AM [WELLINGTON] New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects them to remain there for a period while the economy regathers momentum. The Reserve Bank…
Read MoreEnough with the gaslighting on ICE
[ad_1] In his Feb. 15 appearance on CNN’s State of the Union, Senate Minority Leader Chuck Schumer delivered a masterclass in political gaslighting. He branded Immigration and Customs Enforcement (ICE) a “rogue force,” “out of control,” and “almost trained … to be nasty and mean and cruel.” Schumer decried “masked agents conducting warrantless operations,” “roving…
Read MoreBuffett cuts Amazon stake, makes bet on New York Times
[ad_1] Published Wed, Feb 18, 2026 · 10:13 AM [NEW YORK] Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a stake in the New York Times, his last new bet as chief executive officer of the conglomerate. Omaha, Nebraska-based Berkshire acquired…
Read MoreNew details in High-Speed Rail czar’s domestic violence arrest
[ad_1] California’s high-speed rail chief was arrested on domestic violence charges after intervening in a dispute between his daughter and fiancée, the California Post can confirm. Rail Authority CEO Ian Choudri was detained along with his partner Lyudmyla “Mila” Starostyuk over the fallout outside the house in Folsom, near Sacramento, in the early hours of…
Read MoreIMF urges Japan to keep raising rates, avoid reducing sales tax
[ad_1] With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates Published Wed, Feb 18, 2026 · 09:26 AM [TOKYO] The International Monetary Fund (IMF) urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that trimming the consumption tax would…
Read MorePrivate software companies release earnings early to calm AI nerves
[ad_1] The software industry has faced a seismic shift as the rapid advance of AI threatens to turn swaths of corporate debt into a burden Published Wed, Feb 18, 2026 · 09:11 AM [NEW YORK] A handful of software firms, including McAfee, have released their earnings ahead of schedule in a bid to convince lenders…
Read MoreUS agencies have developed critical minerals price floor system
[ad_1] It’s the latest update to progress being made by the US and its allies to ringfence Western companies from China’s pressure on those markets Published Wed, Feb 18, 2026 · 09:01 AM [NEW YORK] The US has developed a critical minerals price floor system that it’s pitching to allies as the Trump administration and…
Read MoreRed Lobster likely closing more restaurants after shuttering 130, CEO warns
[ad_1] Red Lobster is considering closing more locations as it continues to reevaluate its restaurant footprint in the wake of its 2024 bankruptcy. The seafood chain shuttered roughly 130 restaurants when it went through the bankruptcy process and Red Lobster CEO Damola Adamolekun told The Wall Street Journal in an interview that the company is continuing to review…
Read MoreInside the Brian Callahan traits that could bring out the best in ‘empowered’ Jaxson Dart
[ad_1] Ran Carthon once spent hours alongside Brian Callahan combing through five years’ worth of the coach’s old quarterback evaluations and pre-draft rankings. So, Carthon, who was the Titans general manager when Callahan was hired as head coach, is uniquely qualified to answer this question: Is dual-threat Jaxson Dart the kind of quarterback that Callahan…
Read MoreAmerican tourist beaten, stabbed to death in Bangkok after begging Thai girlfriend to take him back in love triangle horror
[ad_1] An armed American tourist was beaten and stabbed to death by four men in Bangkok while begging his much younger Thai ex-girlfriend to take him back in a bloody love-triangle showdown, according to reports. Stein Heath Cole, 54, was found dead with five stab wounds and two broken legs after four local men –…
Read MoreEquities close with slight gains as tech shares recover
[ad_1] Traders are pricing in a chance of roughly 63% for a rate cut of at least 25 basis points at the Fed’s June meeting, the first with odds above 50% Published Wed, Feb 18, 2026 · 06:39 AM [BENGALURU] US stocks managed to eke out slight gains on Tuesday (Feb 17) after struggling in…
Read MoreEuropean shares rise as banks, healthcare rally; investors weigh geopolitics, AI impact
[ad_1] The fresh AI-driven jitters have rippled across sectors, including software, insurance and trucking Published Wed, Feb 18, 2026 · 06:30 AM [BENGALURU] European shares closed higher on Tuesday (Feb 17) as financials and healthcare stocks led the market rally, while investors tracked geopolitical negotiations and assessed how AI disruptions could reshape business models. The…
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