Souring consumer mood in Australia may prompt RBA rate cut soon

SYDNEY — Australian consumers have turned gloomy in a one-two punch to the economy already battling a steep property downturn and anaemic wages growth, raising the risk of an interest-rate cut as soon as next month. Slowing global growth and a trade war between the United States and China — Australia’s major export market — […]

Outage hits Facebook, Instagram users worldwide

Facebook ruled out a cyber attack speculation which started making the rounds when products of its family of apps — WhatsApp, Instagram and Messenger — began encountering service outage for nearly eight hours in what appeared to be one of the longest downtimes. On Wednesday, users across the globe experienced problems sending messages on Messenger […]