FEAR & GREED | Business News The Weekend Edition | 31 May - 1 June 2025
May 30, 2025
This week tackles major economic shifts, including the implications of Donald Trump's tariff battle. A heated exchange unfolds over Telstra's infrastructure plans and Woodside Energy's gas project approval. Meanwhile, the remarkable rise of Rode Beauty, valued at nearly one billion dollars thanks to celebrity endorsements, showcases the power of fame in the beauty market. The hosts also discuss social media's role in wealth creation, noting the stark contrast in entrepreneurial success between genders in the beauty industry.
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Economic Trends Reveal Mixed Signals
- Australia's inflation trends are heading lower, signaling economic relief ahead.
- Business investment remains critically low, impacting future economic growth and productivity.
Trump Tariff Chaos Hits Markets
- Donald Trump's tariff actions are causing significant uncertainty in international markets.
- The legal battles over tariffs have deepened instability and hindered clear trade policies.
White House Challenges Judiciary
- White House officials criticized the judicial system's involvement in trade decisions.
- This stance heightens potential conflicts undermining democracy and international credibility.