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ABC News

Business

business reporter David Chau, wires

Oil prices sink on 'fear of recession', ASX struggles as Australian dollar hits two-year low

United States Oil Recession Australian Dollar Euro

The Australian dollar fell below 68 US cents, its weakest level since June 2020. (Thinkstock: iStockphoto)

Renewed worries about a global recession have led to sharp falls in the Australian dollar, commodity prices, and global markets.

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Top stories on inkl right now

Hurricane Isaias heads towards Gulf Coast as houses evacuated amid flood and power outage warnings

The Category 3 hurricane is expected to make landfall Friday night and bring significant storm surge, damaging winds, flooding and possibly even tornadoes

The Independent UK

James Talarico returns to campaign trail at ACL festival after illness spurred GOP calls for “proof of life”

Republican Ken Paxton’s campaign made hay over the Democrat’s nine-day spell without a public appearance, casting doubt on his flu diagnosis.

The Texas Tribune

Sexual assault survivor Nancy Mace appears to blast victim in ‘Cornell 7’ case

The Independent UK

New York City’s Marble Hill residents furious after ICE shooting: ‘Why do this?’

Locals also express fear after man shot in the neck while his child was in the back of his car

The Guardian - US

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A magnitude 7.7 earthquake shakes Panama, prompting evacuations

A powerful magnitude 7.7 earthquake strikes Panama, shaking buildings as far as the capital and prompting evacuations

The Independent UK

Is Hair on Your Head "Personal Property" for Purposes of Robbery Law?

From the Sept. 30 decision in People v. Barraza by California Court of Appeal Justice Richard Huffman, joined by Justices… The post Is Hair on Your Head "Personal Property" for Purposes of Robbery Law? appeared first on Reason Magazine.

Reason

Top stories on inkl right now

Hurricane Isaias heads towards Gulf Coast as houses evacuated amid flood and power outage warnings

The Category 3 hurricane is expected to make landfall Friday night and bring significant storm surge, damaging winds, flooding and possibly even tornadoes

The Independent UK

James Talarico returns to campaign trail at ACL festival after illness spurred GOP calls for “proof of life”

Republican Ken Paxton’s campaign made hay over the Democrat’s nine-day spell without a public appearance, casting doubt on his flu diagnosis.

The Texas Tribune

Sexual assault survivor Nancy Mace appears to blast victim in ‘Cornell 7’ case

The Independent UK

New York City’s Marble Hill residents furious after ICE shooting: ‘Why do this?’

Locals also express fear after man shot in the neck while his child was in the back of his car

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

A magnitude 7.7 earthquake shakes Panama, prompting evacuations

A powerful magnitude 7.7 earthquake strikes Panama, shaking buildings as far as the capital and prompting evacuations

The Independent UK

Is Hair on Your Head "Personal Property" for Purposes of Robbery Law?

Reason

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