On Friday, the US jobs report came in surprisingly weak, sparking immediate fears of a recession. Wall Street didn’t like it — the Dow, Nasdaq and S&P 500 all dropped. But by Monday, things had changed. The Dow jumped more than 500 points overnight, and our SPI futures suggest the Australian market will open strongly.

At a time when our leading politicians and most respected economists tell us we must lift productivity to ensure higher standards of living, the work-from-home (WFH) issue could split the Labor Party.

Is the stock market bubble about to burst? In this week’s Switzer Investing TV, Peter Switzer is joined by Fairmont Equities’ Mike Gable and Switzer Report’s Paul Rickard to break down the data — and the danger.

A $4.60+ share price has collapsed to around $1.70, slashing more than $600 million from its market value in mere days. But as longtime uranium hopers count their mounting losses, another group is cashing in.

Bold economic ideas are flowing ahead of next month’s roundtable convened by the Albanese government, aimed at boosting Australia’s productivity and economy, and repairing the budget. Among the biggest ideas to emerge is: should Australia resurrect its carbon price?

With job growth falling well short of expectations and prior months revised sharply lower, Trump didn’t wait long to act—firing the head of the Bureau of Labor Statistics via social media. Now all eyes are on whether Powell will cave to pressure and cut interest rates.

Taxes on grog is a hip pocket issue and won’t rock inflation or rate cuts. So let me give you the run down on this crazy US jobs report.

Productivity growth is a key driver of improvements in living standards. But in Australia over the last decade, output per hour worked grew by less than a quarter of its 60-year average. We urgently need to turn this around.

OpenAI’s AI Economic Blueprint for Australia makes bold projections about the new technology’s impact on the country’s economy but these claims warrant careful scrutiny, particularly given the company’s clear commercial interests in shaping Australian regulation.