Unemployment in RBA’s sights | Nasdaq record high | Paramount reaches deal over Warner merger
Reserve Bank Governor Michele Bullock says Australia’s unemployment rate may need to rise to drive inflation lower; the tech-heavy Nasdaq hit a record high overnight driven by gains in major AI stocks; and Paramount’s 110 billion US dollar takeover of Warner Brothers Discovery has cleared its final major hurdle, after US states dropped their legal challenge to the deal.
#RBA #employment #economicgrowth #nasdaq #AI #paramount
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