Some of Australia's leading economic and financial commentators have had their X accounts hacked with the hacker then using their accounts to post about apparent crypto investment riches.

Meanwhile Australian silicon company Simcoa is leaving the US critical minerals market after being slapped with a massive tariff by the Trump administration. 

Who else has landed in America’s customs cross hairs? And where does that leave the multi billion dollar critical minerals deal between Australia and the US?

And analysts are becoming increasingly worried about tech investor confidence with the credit default swap market reaching record highs.   

So what is a credit default swap? And what’s the deal with this debt financing?

Michael Janda and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.

You can check out David Taylor’s piece on the credit default swap market here.

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