Elysse speaks to Michael McCarthy from CMC Markets.

The panicked selling on Wall Street was spurred by a seemingly sudden investor realisation that interest rates may accelerate much faster than they'd bet on.

While it is the moves in equities that have dominated the headlines, bond traders were ahead of the curve.

To understand what bond traders knew, and what equities traders have just caught onto, Mark Kiesel from Pimco, speaks to Carrington.

The Dow Jones index is officially in a correction after losing more than ten per cent since its recent peak. The decline here has been more muted although the ASX did slip today, deepening this week's losses.

It's been a week investors would rather forget. Equities analyst for Bell Direct, Julia Lee, speaks to Carrington.

Australia's biggest developer, Mirvac, can't see any problems in the property market. For Mirvac boss Susan Lloyd-Hurwitz its a Goldilocks market now, not to hot and not to cold.

It's steady as she goes for the economy says the Reserve Bank governor. Despite the global market meltdown this week Philip Lowe says the Australian economy will continue to grow at around three percent for the next couple of years.

It may have come at the eleventh hour but the major banks have lifted the gag on staff and victims, ahead of the banking Royal Commission. Andrew Robertson investigates the case of a 22 year old living at home who was given a personal loan by NAB, she couldn't pay back.

Martin Lakos from Macquarie Wealth Management speaks to Elysse.

Rio shareholders strike it rich on a record profit and bumper dividend. The stellar result comes as the company continues to deal with the fallout from scandals in Mozambique and Guinea. CEO Jean Sebastian Jacques speaks to Elysse.

The money laundering scandal hits the Commonwealth Bank's first half profits. The CBA is estimating it will be slapped with a $375 million fine for tens of thousands of breaches of Australia's money laundering laws.