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Business

Zac de Silva

Unbridled inflation an each-way bet on Cup Day rate cut

Inflation Belinda Allen RBA James Ross Melbourne Cup Day Interest Rates

Inflation data may disappoint home borrowers hoping for an interest rate cut on Melbourne Cup day. (James Ross/AAP PHOTOS)

Hopes of an interest rate victory on Melbourne Cup Day may be dashed with expectations that inflation will not be reined in.

A stronger-than-expected inflation reading on Wednesday could postpone any rate relief when the central bank meets the following week.

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Top stories on inkl right now

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Trump administration is creating a team of attorneys to represent children who traveled alone to the United States in immigration proceedings, which critics say would deprive them of having lawyers who aren’t employed by the government and could put them at greater risk of deportation

The Independent UK

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombian president Abelardo de la Espriella has offered legal assistance to a group of Colombian military veterans who were arrested over the 2021 killing of Haitian president Jovenel Moïse

The Independent UK

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

The White House denies the allegations as ‘false’ and says the ‘first amendment does not protect violent rioting’

The Guardian - US

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

The U.S. military in Okinawa, Japan, is pausing all operations for two days after a Marine was arrested on suspicion of killing a local woman

The Independent UK

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These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

"You can't talk about the superintendent," a Foley Public School Board official told Blake and Katy DeMarais when they tried to advocate for their disabled and nonverbal son.

Reason

Riot police clash with students as France engulfed by school protests

Tear gas and water cannon deployed as hundreds of the thousands took to the streets in cities across the country to protest poor education conditions

The Independent UK

Top stories on inkl right now

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Independent UK

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombian president Abelardo de la Espriella has offered legal assistance to a group of Colombian military veterans who were arrested over the 2021 killing of Haitian president Jovenel Moïse

The Independent UK

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

The White House denies the allegations as ‘false’ and says the ‘first amendment does not protect violent rioting’

The Guardian - US

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

The U.S. military in Okinawa, Japan, is pausing all operations for two days after a Marine was arrested on suspicion of killing a local woman

The Independent UK

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

Already a member? Sign in here

These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

"You can't talk about the superintendent," a Foley Public School Board official told Blake and Katy DeMarais when they tried to advocate for their disabled and nonverbal son.

Reason

Riot police clash with students as France engulfed by school protests

Tear gas and water cannon deployed as hundreds of the thousands took to the streets in cities across the country to protest poor education conditions

The Independent UK

Our Picks

Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby

That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…

Kids Ain't Cheap

Gen Z's new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars and even moving out for plane tickets, even as airfares jump more than 20%.

Fortune

Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments

A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health

International Business Times UK

US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

International Business Times UK

Alice Zaslavsky’s shortcut beetroot baked risotto – recipe

An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights

The Guardian - AU

Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in

On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.

The Conversation

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