Online investment adviser Stockspot has ranked the best and worst performing super funds for 2020. They show that Australian superannuation funds are returning anywhere between 9% and -2% returns.
Regional Express (Rex) is in negotiations with investment firm PAG Asia Capital to secure $150 million. The funding will be used to help launch Rex's domestic flights between major Australian capital cities.
Amazon shares were upgraded to "outperform" from "market perform" by Bernstein on Tuesday, adding to the list of analysts bullish toward the e-commerce giant.
Mark Zuckerberg appears to be unfazed by the photo of him surfing that went viral this summer. The Facebook CEO addressed the jokes and memes surrounding the photo, in which he appears slathered in sunscreen, during a company-wide Q&A, according to leaked audio obtained by The Verge.
Stocks reversed in mid-day trading on Wednesday and finished the day sharply lower as Federal Reserve officials made renewed calls for Congress to pass more fiscal stimulus.
A bear market occurs when there's been a significant, continuous fall in stocks or another asset, usually at least 20%. Bear markets generally indicate low investor confidence and a sluggish economy.
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