A 100 per cent US import tariff on pharmaceuticals from Wednesday has hit a number of Australian health shares despite some companies saying it will not have a material impact; we take a look at how people are using AI to help with their finances and the warnings that come along with that; Sydney’s Burwood the highest ranked Australian suburb on a global list of coolness.
00:00 The health care sector was the worst performing on the ASX 200 after US President Donald Trump announced a 100 per cent tariffs on some pharmaceutical products
01:05 Despite a weaker health care sector, the Australian sharemarket rose today
01:48 The US economy expanded at an annualised pace of 3.8 per cent in the second quarter — the fastest pace in nearly two years
02:42 Amazon has been hit with a $2.5 billion penalty to settle a case alleging it deceived customers to generate subscriptions
03:17 The top areas where Australians are using AI to manage their finances
05:57 One of Australia’s most diverse communities, Burwood, in Sydney’s inner west, has cracked the top 20 list of Time Out’s coolest neighbourhoods in the world
Ricardo Gonçalves breaks down the day’s financial news in On The Money.
#FinanceNews #StockMarket #AI #Economy
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