I really wanted to tell you a positive stocks story but Rupert Murdoch got in my way!

UBS analyst claims earnings downgrade cycle has begun, lithium company stock Lake Resources sheds more than 50% in three days, a simple balancing act could determine life expectancy, + MORE.

Treasury considers higher taxes for landlords, capital gains and super, Fed chair Jerome Powell doesn't write off possibility for 1 percentage point rate rise, Labor sides with RBA over wage rises, and MORE.

Chinese demand for iron ore slows, RBA boss warns of more pain in coming months, NSW teachers to go on strike in protest for higher wages, + MORE.

I’m heading home and writing this in Doha airport, where I’ve noticed European stock markets were up Monday. I like even a bit of positivity but while we’re stuck in this negative market trap, turn down the noise and get on with the day.

Qantas chief calls for better infrastructure around biofeuls for the aviation industry, China buys US$7.5 billion of Russian oil in May, Colombia elects left-aligned president, and MORE.

Yikes! There's much to unpack in this week's economic update, with interest rate hikes and recession talks abound.

BTC drops below US$20,000 over the weekend, US rejects China's latest claims over Taiwan, coal and gas necessary part of transition to renewables, and MORE.

US envoy believes China will continue Covid Zero into 2023, Bank of England raises rates by 25bps, Albanese says he will not kowtow to Greens on 43% emissions target, and MORE.

Federal Reserve raises rates by 75 bps, close to 2.8 million Aussie workers set for pay rise, consumer confidence at its lowest since 1990 recession, + MORE.

PM Albanese says Beijing must lift tariffs on Australian exports before considering a diplomatic reset, Europe's fear gauge reaches levels not seen since the start of the pandemic, crypto cops further losses, and MORE.

Extensive blackout warnings for QLD and NSW, JPMorgan tips 75 basis point hike from the Fed this week, the Socceroos secure their spot in the 2022 World Cup after beating Peru on penalties, and MORE.