Australia Breaking News

Australia's economic engine is showing signs of long-term strain as new data reveals capital productivity has plummeted by nearly 19% over the last three decades.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

For the half-year ended Dec. 31, 2025, PWR Holdings (ASX:PWH) reported a 27.8% increase in revenue, reaching $80.4 million.

Lilya Tessler, head of global fintech and blockchain at Sidley Austin, discusses Bitcoin's recent softness and the broader crypto outlook. She tells Romaine Bostick and Katie Greifeld on "The Close" that stalled legislative progress on cryptocurrency regulation is adding uncertainty to the market.

Pierre Yared, acting chair of the White House Council of Economic Advisers, expresses cautious optimism about sustaining economic growth into 2026 and addresses recent studies claiming that over 90% of tariff costs are passed on to consumers, explaining that these pass-through regressions only measure changes in relative prices and do not identify who ultimately bears the tariff burden. He speaks on "Bloomberg The Close."

Crude oil rises on fears of a US conflict with Iran. Prices settled at their highest level since August. Mike McGlone reports.

From Warren Buffett to Bill Ackman, Bloomberg's Hema Parmar breaks down what the latest 13F filings reveal about where big money managers are placing their bets and what it means for Big Tech. Interview occurred on February 18, 2026.

Meta says it no longer focuses on how much time users spend on Instagram, but Minda Smiley, senior analyst at EMARKETER, says the metric is still crucial for social networks and their bottom lines. She says any changes Meta or other companies are forced to make because of ongoing litigation could have a financial impact. Smiley joins Ed Ludlow on "Bloomberg Tech."

President Donald Trump said his Board of Peace received about $17 billion in pledges that will be used to help rebuild Gaza. He made the announcement this morning as the group met in Washington. Skylar Woodhouse reports from the White House.

Chinese tech giant ByteDance is hiring for nearly 100 open roles within its artificial intelligence division in the US, as it aims to compete with American firms. Bloomberg's Alexandra Levine discusses the plans and implications with Ed Ludlow on "Bloomberg Tech."

Walmart Inc. forecast less growth in earnings this year than Wall Street was expecting, citing the need for flexibility in unpredictable times for consumers. The world's largest retailer said it expects adjusted earnings to rise to between $2.75 and $2.85 per share this fiscal year. Analysts on average were expecting profit to jump to $2.97 per share. Bloomberg's Emily Cohn joins to discuss on Bloomberg Intelligence.

Netflix co-CEO Ted Sarandos tells Bloomberg he is "highly confident" the deal for Warner Bros. Discovery will close. Netflix granted a seven-day waiver to Warner Bros. to reopen talks with Paramount Skydance that ends on February 23. Sarandos discusses why he believes Netflix's offer is better for shareholders, viewers and theaters with Bloomberg's Ed Ludlow and Lucas Shaw.