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10 things you need to know this morning in Australia

Thursday 16 January 2020

Business Outsider

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The ASX just rocketed past 7,000 points for the first time, on the back of the China-US trade deal

The ASX 200 has surpassed 7,000 points for the first time in its history on Thursday. It was helped overnight by the signing of a long-awaited 'phase one' trade agreement between the US and China, settling some of the two countries' smaller disputes.
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Here's the Australian Open's plan if bushfire smoke continues to pose problems for players

The bushfires in Victoria and New South Wales have been blanketing Melbourne in a smoky haze. The smoke in Melbourne has been affecting tennis players in the lead up to the Australian Open.
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The RBA has been secretly working on an all-digital version of the Australian dollar – but it may not release it to the public at all

Australia's central bank, the Reserve Bank of Australia (RBA), has let slip it's been working on its own digital currency. In its submission to a Senate commission, the RBA said its innovation lab is working on a digital currency denominated in dollars.
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These photos of the first Guzman y Gomez location in the US look like the next season of 'Fargo'

Local Mexican fast food chain Guzman y Gomez has launched its first store in United States, in the Chicago suburb of Naperville. Founders Steven Marks and Robert Hazan – both native New Yorkers – say it has been their dream to "bring the brand back to the U.S."
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A quick guide to what Trump's 94-page trade deal with China included — and left out

The US released the text of an interim trade agreement with China this week. It offered for the first time the details of what will be expected in a new chapter of relations between the two largest economies.
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Nike made sneakers that represent iconic jobs in major cities like New York and London. Here's what they look like.

Nike is releasing a collection of Air Max 90 sneakers that pays homage to professions in major cities. The five shoes in the collection are designed to represent iconic jobs in New York City, London, Shanghai, Paris, and Tokyo.
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Stocks are the most expensive since the 1980s based on one critical metric

Traders are paying the most relative to the S&P 500's price/earnings-to-growth ratio in more than three decades, Bank of America wrote in a Thursday note.
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There's a popular betting website that shows the likelihood of political events — here's what it says about Trump's impeachment odds

On the website PredictIt, people can place bets - with real US dollars - on big political events. Users on the site place "yes" or "no" bets on popular political predictions, like President Trump's impeachment trial.
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The simplest ways to strengthen company culture

Achieving the kind of culture that makes your employees excited to come to work is one of the most important things a manager can do, and it's instrumental in ensuring that employees feel like they have a healthy work-life balance.

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