Business

AUD/USD retreats as RBA mulls further rate cut

AUD/USD retreats as RBA mulls further rate cut

The minutes make it clear that the RBA will refine its outlook based on upcoming information including information on inflationary pressures. The RBA voted to keep its benchmark interest rate at 1.75% earlier this month. The May interest rate cut by the Reserve Bank of Australia (RBA) to 1.75 percent boosted the country's construction sector in June. "The markets have yet to realise that continued low inflation could yet result in rates falling to 1 per cent next year", Mr Dales added.


One for the Road: Ford, Jose Cuervo Team up on Parts Development

One for the Road: Ford, Jose Cuervo Team up on Parts Development

Extreme lightweighting is something Ford has been exploring in depth over the past years, including switching its steel-bodied trucks like the F-150 and the recently-unveiled 2017 F-Series Super Duty to aluminum, while also experimenting with composites, carbon fiber, and other materials in its 2014 Lightweight Concept.



Clinton gets Sanders endorsement in show of party unity

While not all Sanders supporters are "feeling the Bern" for Clinton, a Pew Poll shows 85 percent will end up voting for her. Sanders supporter Mitch Henry said he is switching to Clinton to unite the Democratic Party, while Republicans remain divided over Donald Trump.


'Bachelorette' recap: Jordan Rodgers spills about Aaron

'Bachelorette' recap: Jordan Rodgers spills about Aaron

Fletcher because, like, "Family is so important!" After the customary "recapping of the date we just experienced" segment of the one-on-one date that Jordan and bachelorette JoJo Fletcher had just experienced, he opened up to her about who in his family she would meet, were she to choose him for one of the hometown dates next week.



Police release updated sketch of Phoenix serial killer

Seven victims have been gunned down; the crimes are now linked by forensic evidence. Authorities have released a sketch of the suspect and said witnesses describe him as a light-skinned Latino or white man in his 20s. Horacio de Jesus Peña, 32, was killed in a drive-by shooting while standing outside a residence the night of June 3 . According to CNN , "The shootings began March 17 , when a 16-year-old boy was shot and wounded while walking on the street at 11:30 p.m".


Pokemon Go officially launches in Canada, with a hitch

Pokemon Go officially launches in Canada, with a hitch

According to a survey report by SurveyMonkey, "Pokemon Go" has already defeated previous record holders Draw Something and Candy Crush after it registered nearly 21 million daily active users in the United States on its first full week from July 6 to July 12, NBC News reported .