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The Latest Breaking News from BCA

The Looming AI Bubble in 2026: Will it Pop?

Companies, economists, and investors alike are now faced with a fork in the road; is the AI boom sustainable at current valuations, or is this merely an overestimated market, ready to collapse at any minute?

International Business Times

'We Are Not Investigating' the Shooting of Renee Good, the Deputy Attorney General Says

Todd Blanche joins other top administration officials in declaring that ICE agent Jonathan Ross was justified in killing Good. Most Americans disagree.

Reason

Leaders alarmed about fairness of FBI inquiry into Minneapolis ICE shooting

State and local officials say they do not believe investigation into shooting death of Renee Nicole Good will be objective

The Guardian - US

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Video of the Minneapolis ICE Shooting Does Not Resolve the Issue of Whether It Was Legally Justified

The crucial question is whether the agent reasonably believed the driver he killed posed a threat, even if she was not actually trying to run him over.

Reason

Minneapolis ICE shooting latest: Trump admin sending ‘hundreds’ of federal agents to Minnesota as protests continue

Minneapolis mayor has said the presence of ICE officers has made the community less safe

The Independent UK

US border patrol agents shoot two people in Portland

Police say pair are in hospital but condition not known, as mayor urges ICE to pause operations

The Guardian - US

What DHS' own rules say on the deadly ICE shooting in Minneapolis

Noem quickly weighed in the ICE shooting. But an ongoing investigation will take months.

Axios

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Kristi Noem doubles down on claim ICE agent killed woman in self-defense

DHS secretary’s claims have been widely disputed with video of shooting showing vehicle turning away from agent

The Guardian - US

FBI Accused of 'Hiding the Truth' After Cutting Minnesota Out of ICE Murder Probe

Minnesota state investigators have been excluded from key evidence in the ICE shooting death of Renee Nicole Good, prompting accusations that the FBI is concealing the truth and sparking nationwide calls for transparency.

International Business Times UK

Angry protests erupt in Minneapolis after ICE agent fatally shoots woman driver

Dozens of protesters gathered early Thursday outside of a federal building on the edge of Minneapolis that is serving as a major base for the immigration crackdown.

Euronews

S&P 500 At 7,000? This Team Called It Five Years Ago—Their Latest Outlook Might Surprise You

Back in September 2020, when the world was under lockdowns, inflation wasn't even considered "transitory" yet, and most of Wall Street was stocking up on hand sanitizers to make bold predictions — BCA Research did precisely that.

Benzinga

Belgian Competition Authority action leads to suspension of maximum gearing standard test at Tour of Guangxi, UCI to appeal

'The standard, adopted under disputable conditions, is likely to cause harm to SRAM that is serious and difficult to repair, thereby justifying its suspension,' said the BCA in a media release

Cycling News

'Innovation and safety are not opposing forces': SRAM welcomes UCI halt on gear restriction, calls for better, 'open' governance in professional cycling

After the Belgian Competition Authority suspended the UCI’s new gear-ratio test, SRAM says it’s time for cycling’s key stakeholders to collaborate on rules

Cycling Weekly

Belgian court sides with SRAM, tells UCI to back down on its gear-ratio crackdown — for now

The UCI hits pause on its Tour of Guangxi testing protocols but intends to fight back

Cycling Weekly

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The Guardian - AU

Media and political attacks on Australia’s emissions targets ‘straight out of the climate obstruction playbook’, expert says

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction

Cycling News

'There is no data’ - SRAM launches legal challenge to UCI gear restrictions

‘The protocol forces SRAM to mechanically disable its 10-tooth cog’

The Guardian - AU

Andrew Forrest’s Fortescue rejects ‘credibility’ of business council modelling on 2035 emissions target

BCA member criticises climate modelling commissioned by lobby group that ‘underplays’ economic opportunities and does not factor in cost of inaction

The Independent UK

Minneapolis school shooting latest: Funding for mass shooting prevention programs in Minnesota pulled before killings

Police say 23-year-old Robin Westman fired 116 rounds through the stained-glass windows of a church next to Annunciation Catholic School, trying to kill as many children as possible

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Euronews

Trump the unifier? How Europe could benefit from Trump’s policies

Despite a strong likelihood of the eurozone being hit by a recession by mid-2025, a new report sheds light on how Trump’s policies could boost the bloc’s economic perspectives in the years to come.

Barchart

Is a Recession Coming in 2025? 3 Experts Weigh In.

Experts are increasingly concerned that Trump tariffs could lead to a recession in 2025, with one even pegging the possibility at 75%.

AAP

Australia must be a 'model ally' in US tariff talks

Australia must prove its relationship with the US is mutually beneficial to earn another exemption from steel and aluminium tariffs, experts say.

The Conversation

View from The Hill: Election battle turns to spending, with BCA calling for cap and Labor hitting Dutton’s planned cuts

As the political debate turns to government spending, the questions loom: is it too high, and will Peter Dutton be able to get away with keeping his proposed cuts mostly under wraps?

AAP

Musk-like efficiency role 'strange' call for Australia

Australia must cut red tape and reform its tax system to boost productivity and safeguard against a looming trade war, the Business Council says.

The Guardian - AU

Albanese is promising fee-free Tafe. How would it work – and why is it causing controversy?

As the federal election looms, Labor has promised to subsidise certain VET pathways – but not everyone is convinced

The Guardian - AU

Why does big business want Australia to spend billions on not building houses?

Housing developers have a keen financial interest in drip-feeding new homes into the market to maximise their returns

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