Tag: worst

Sharemarket’s worst day in three months | ASX 200 LIVE: ASX falls 1pc as traders dial up RBA ra…

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ASX 200 LIVE: ASX falls 1pc as traders dial up RBA rate bets; Bapcor soars 41pc

Gold climbs back above $US4600 as investors weigh Fed rate path

The Australian sharemarket tumbled the most in three months as traders and economists ramped up bets on a fourth interest rate rise by the Reserve Bank of Australia this year following a hot inflation report.

The S&P/ASX 200 Index dropped 1 per cent, or 89.60 points, to 9038.20, the most since early June amid broad selling, with nine of the 11 sectors weaker as traders also digested another round of corporate earnings.

Money markets imply a 50:50 chance the cash rate will rise to 4.6 per cent at the September 29 policy meeting, up from 13 per cent earlier this week and are almost fully priced by the end of the year.

ASX slumps on rate hike calls; Qantas lifts, Wesfarmers, Sigma slump

The Australian sharemarket had its biggest slump in 12 weeks as bets firmed for another interest rate rise as early as next month and investors digested another flood of results from companies including Qantas and Wesfarmers.

The S&P/ASX 200 fell 89.60 points, or 1 per cent, to 9038.20 on Thursday, with all 11 sectors in the red bar healthcare and industrials. The losses came after the bourse fell 0.4 per cent on Wednesday as shock inflation figures put another rate hike on the table. Wall Street drifted through a quiet session overnight after a report showed US inflation was also worse than expected.

Expectations of another rate rise by the Reserve Bank firmed after the Australian Bureau of Statistics said on Wednesday underlying inflation in July had unexpectedly risen by 0.5 per cent. The gauge most watched by the RBA had been forecast to ease, but instead remained steady at 3.6 per cent.

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August 27, 2026
‘Worst in 30 years’: Housing panic is infecting the economy. Just ask Myer | Real estate agen…

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‘Worst in 30 years’: Housing panic is infecting the economy. Just ask Myer

More bad news from the property market is seeping into the broader economy, as shown by Myer’s recent trading performance. The RBA is stuck between a rock and a hard place.

We should always treat anecdotal evidence with a grain of salt, especially when the person delivering it is a self-described real estate influencer whose business relies on grabbing attention.

Nonetheless, there is something about the video posted on social media on Saturday evening by auctioneer and real estate industry trainer Tom Panos that captures the sense of panic that’s building in Australia’s property sector, in which he claims the environment is the worst he’s seen in 30 years.

Real estate agent sounds property alarm after ‘worst auction day in 30 years’

A prominent real estate agent has warned Aussies will continue to stay away from auctions even as property prices fall, saying he experienced his ‘worst auction day’ in his career last weekend.

Tom Panos, based in Sydney, took to social media to express his shock that not only did he fail to sell all six of the houses he had up for auction on Saturday, but that there were no bidders who registered.

Auctioneer Tom Panos said it was the worst single day he had experienced in 30 years of real estate. Instagram

“It’s very, very rare to go out there and sell no properties out of the list,” he told Today.

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July 27, 2026
Farewell to the worst car of F1 2026 | Fernando Alonso (Aston Martin): Finally saying goodbye to …

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Farewell to the worst car of F1 2026

Aston Martin said a final farewell to this iteration of the worst Formula 1 car of 2026 with a typically awful performance at last weekend's Belgian Grand Prix.

Now comes the first major test of the Adrian Newey-led team that desperately needs to restore its battered reputation – and try to hang on to star driver Fernando Alonso.

We know Alonso has a big decision to make about his future in the coming weeks, having said he will consider his next steps during F1's August break.

But he insisted the debut of Aston Martin’s B-spec 2026 car – one the team refuses to call a B-spec but is in fact a B-spec because it will require a new, lighter, crash-tested chassis – will not be a major driver in that decision.

Fernando Alonso (Aston Martin): Finally saying goodbye to the current car!

With just over half the season gone, Fernando Alonso at Aston Martin is finally getting his completely revamped car with lots of upgrades. He’s delighted to finally be able to say “adios”. What lies ahead for Alonso…

This article is an automatically generated English version. The original article was published in German.

Mercedes ahead of the Hungarian Grand Prix: Clear objective set by team principal Toto Wolff

Audi driver Nico Hülkenberg in Hungary: First World Championship points before the summer break?

Before the start of the season, critical voices dominated, but the World Championship rounds so far have shown that the rule changes are delivering exactly what was hoped for: excitement right up to the final lap.

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July 23, 2026
‘Worst in history’: Root rages at star’s all-time Bazball brain fade | Root stranded on 99 …

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‘Worst in history’: Root rages at star’s all-time Bazball brain fade

Joe Root’s typically composed 99 not out steered a jittery England to a four-wicket win over India in the second one-day international in Cardiff on Thursday to level this three-match series at 1-1.

Root came in to bat with England 0-1 after Ben Duckett was caught behind off Jasprit Bumrah from the first ball of the innings and the home side were still struggling at 8-2 and 125-5 on a two-paced pitch.

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Root, not for the first time in his long career, led an England revival as they chased down a modest target of 234 with 35 balls remaining to turn Sunday’s finale against the world’s top-ranked ODI side at Lord’s into a series decider.

Root stranded on 99 but England level series with India

Hosts ensure third ODI will be a decider after in-form veteran's superb guiding hand

Joe Root has finished unbeaten on 99 as England claimed a four-wicket win over India in Cardiff to level their ODI series.

Root was denied his 21st ODI century having made batting look easy after others had both struggled and flattered to deceive, but celebrated Gus Atkinson's match-winning boundary as if he had claimed his extra run.

The Yorkshireman was not out 76 in India's opening win at Edgbaston on Tuesday and he again fell short of three figures as England chased down a modest target of 234.

The hosts had slipped to 5-125 but eventually won with 35 balls to spare to take the three-match series to a Lord's decider on Sunday.

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Root stranded on 99 as England level series with India

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Joe Root has steered England to a four-wicket win over India in Cardiff to level the one-day series and set up a decider at Lord's on Sunday.

The 35-year-old hit ‌an unbeaten 99 from 133 balls to take England to a workmanlike victory with 35 balls to spare.

Root hit nine fours ‌in making his fifth successive score of over 50 in an ODI. He might have liked one more run for his century ‌but it was more important that he got England over the line.

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July 19, 2026
Worst since the 1990s recession: Alarm grows over sluggish economy | Downbeat Deloitte issues dir…

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Worst since the 1990s recession: Alarm grows over sluggish economy

Australia faces its longest stretch of sub-par economic growth since the early 1990s recession, one of the nation’s chief forecasters has predicted, warning that long-run vulnerabilities are finally catching up with the country.

Deloitte Access Economics this morning said it expects the economy to slow sharply through coming months, with GDP growth this financial year and next to slip below 2 per cent. It would be the first back-to-back years of sub-2 per cent growth since the end of the 1990-91 recession.

The slower growth will be accompanied by ongoing inflation, which Deloitte believes will hang around 4 per cent through 2026-27 before falling to 2.6 per cent in 2027-28.

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July 7, 2026
Wall Street suffers worst hit of 2026 so far amid massive stock sell-off | US stocks slump as fea…

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Wall Street suffers worst hit of 2026 so far amid massive stock sell-off

Wall Street has experienced its largest losses so far in 2026 with the S&P 500 dropping 2.6 per cent. (AP: Richard Drew)

The US stock market has suffered its worst losses in eight months due to large sell-offs of tech giants' shares and fears of a looming rate hike.

The 2.6 per cent slump in the S&P 500 on Friday followed data showing US employers added 172,000 jobs in May, far more than the 80,000 expected for the month.

Newly-installed chair of the US Fed Reserve Kevin Warsh is set to head his first policy meeting in the coming fortnight.

The US stock market has experienced its worst losses in months due to large sell-offs of shares in multiple technology giants and fears of a looming rate hike in the wake of a strong jobs figures report.

US stocks slump as fears over Big Tech shake Wall Street

Stock markets suffered a sharp drop on Friday, with the tech-heavy Nasdaq index seeing its biggest one-day drop since April 2025.

With fears mounting that gains so far this year may be unsustainable, a surprisingly strong US jobs report for April sparked a selloff, with the major US markets ending the week in the red.

The data stoked fresh fears among investors that the Federal Reserve will keep interest rates higher for longer, especially as inflation remains stubborn.

The Nasdaq index fell by more than 4%, the S&P 500 closed 2.6% lower and the Dow Jones Industrial Average dropped 1.35%.

Digital assets also suffered a sharp selloff on Friday. Bitcoin, the biggest cryptocurrency, dropped sharply as investors rushed to offload riskier assets across the board.

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June 6, 2026
The ‘worst trade ever’ made them an NFL laughing stock. Now they could win it all | Broncos c…

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The ‘worst trade ever’ made them an NFL laughing stock. Now they could win it all

Just two years ago, the Denver Broncos were the laughing stock of the NFL.

Now, they’re one win away from securing the No.1 seed in the AFC and a real shot at Super Bowl glory.

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It’s a remarkable turnaround for the organisation guilty of the worst trade in NFL history – signing veteran quarterback Russell Wilson “for a King’s ransom” in 2022.

Wilson failed to live up to his Seattle hype in his first two years in Denver, and was unceremoniously dumped in a move that saw the Broncos eat $85 million in dead cap space across 2024 and 2025.

Broncos clinch West, ending Chiefs' 9-year reign

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ENGLEWOOD, Colo. — The Denver Broncos won their first AFC West title in a decade Saturday when the Houston Texans beat the Los Angeles Chargers 20-16.

That means the Broncos will host their first playoff game since January 2016. They can wrap up the AFC's No. 1 seed as early as Sunday, if the Patriots, Jaguars and Bills all lose or tie their Week 17 games.

The Broncos' division title ended a nine-year stretch by the Kansas City Chiefs (6-10), whose run of seven consecutive AFC Championship Game appearances ended during an injury-riddled season that included a serious knee injury to Patrick Mahomes.

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Broncos clinch AFC West, Texans clinch playoff berth with Houston's win over Chargers

The Houston Texans essentially handed the Chargers two losses on Saturday.

By defeating Los Angeles, 20-16, Houston simultaneously clinched a spot in the playoffs and allowed the Denver Broncos to clinch an AFC West title, ensuring the Bolts will be a wild-card team.

Houston is no stranger to earning a postseason triumph against L.A., having beaten the Chargers last season in the AFC Wild Card Round. With another win in a playoff-like atmosphere, DeMeco Ryans and C.J. Stroud notched their third postseason berth in three seasons as a head coach-quarterback duo.

It's been Ryans' defense that's been the lynchpin for the Texans' success and in-season comeback.

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December 28, 2025