Property investor borrowing rose at its fastest rate in a decade in March, according to the Reserve Bank, despite higher interest rates and speculation about property tax changes. Owner-occupier loan growth slowed under the weight of growing mortgage costs but investor lending is continuing its record surge. Bank loans to Australian investors grew by $42bn…
Almost all of the 20 U.S. state government-run health insurance marketplaces shared residents’ application information with advertising and tech giants, including Google, LinkedIn, Meta, and Snap, according to a new investigation by Bloomberg. The report drives home the privacy problems created by pixel-sized trackers, which allow website owners to collect information about their visitors, often…
Bret Taylor, co-founder and CEO of Sierra, speaking to CNBC at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. CNBC Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round as venture capital investors search for winners in an ongoing deal spree. The San Francisco-based company brought…
Bengaluru, India – In the sultry August heat of 2007, India’s government under Prime Minister Manmohan Singh was sweating over the future of negotiations with the United States over a landmark nuclear deal. The proposed agreement aimed to ease access to nuclear fuel and technology in exchange for greater international scrutiny of India’s facilities. The…
The Iranian Independent Filmmakers Association (IIFMA) has welcomed changes to submission rules for the Best International Feature Film category of the Academy Awards which were announced on Friday, but says the process needs to be opened up further. In a game-changing shake-up of the eligibility rules for the non-English language category, the Academy of Motion…
New consulting company to advise Wall Street groups on how to deploy its AI across their investment portfolios
Austria has expelled three Russian embassy staff on suspicion of spying after determining that a “forest of antennae” on the diplomatic mission in Vienna, Europe’s espionage capital since the cold war, was being be used for illicit data collection. “It is unacceptable that diplomatic immunity be used to commit espionage,” Austria’s foreign minister, Beate Meinl-Reisinger,…
Scientists are developing a new way to tackle two major global problems at once: plastic pollution and the demand for clean energy. By using sunlight, they are finding ways to turn discarded plastic into useful fuels. A recent study led by Adelaide University PhD candidate Xiao Lu examines how solar-powered systems can convert waste plastics…
Today, I’m talking with Uber CEO Dara Khosrowshahi. It’s become something of an annual tradition to have Dara join us in the studio when he comes to New York for Uber’s big GO-GET event every year, and it’s always a lot of fun. The big news this year is that Dara is really starting to…
“It’s a little bit of a head-scratcher as to why the markets are as robust as they are,” Armen Panossian, co-CEO and head of performing credit at Oaktree, says. Speaking with Bloomberg’s Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Panossian warns investors are underestimating the fundamental risks facing the credit…
