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The Loop: RBA raises cash rate again, Musk to become Twitter chief executive, Gold Trip wins Melbourne Cup

RBA Twitter Inc. Melbourne Cup Gold Ciaron Maher David Eustace

Hi there. It's Tuesday, November 1 and you're reading The Loop, a quick wrap-up of today's news.

Let's start here

The Reserve Bank today raised its cash rate target by 0.25 of a percentage point, bringing it to 2.85 per cent — the highest it's been since May 2013.

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Hurricane Trudy brings heavy rain and strong winds to Mexico’s Pacific coast

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

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