Is there an AI bubble? | Age Pension to rise | Aussies working longer, having fewer children

5 months ago The News Room

AI stocks continue to push US shares into record levels, but is it reaching bubble territory?; the Age Pension rises from tomorrow; and a new report reveals Australians are working longer, are having fewer children and are more lonely.

00:00 AI hype on Wall Street continues, with shares in the US hitting a record high
01:44 The broader market finished higher, with the Dow and S&P 500 on Wall Street closing in the black
02:17 The Australian sharemarket closed higher; the ASX200 up 0.3 per cent
02:54 Australians are retiring later in life – a clear and continuing trend, according to this year’s HILDA report
06:00 A number of social welfare payments will increase from tomorrow, including the Age Pension, Carer Payment and Disability Support Pension

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

#FinanceNews #StockMarket #AI #WallStreet #Australia #Money

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