Coles boss Leah Weckert says inflation in key supermarket grocery categories is moderating as the retailer posts a 3.6 per cent jump in sales.

The resurgence of city retail in the wake of the coronavirus crisis is defying a likely interest rate rise with a wealthy family splashing out $145m for a famed property on Brisbane’s Queen Street Mall.

Retail giant Woolworths says lower prices and improved availability have increased demand for fruit, vegetables and meat, pushing its sales in first quarter of the new financial year higher.

Students are leaving college early to launch their own AI startups. WSJ reporter Lindsay Ellis joins host J.R. Whalen to discuss why they feel now is the best time to start an AI business, and the risks some face. Photo: Andri Tambunan For The Wall Street Journal

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