The Latest Breaking News from US Federal Reserve

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.109%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. Stocks this morning gave up an early advance and...

Asian shares are mostly higher after a rally on Wall Street driven by reports that showed inflation abating, assuaging fears over the threat of a recession

Business & investing: There's a mixed scorecard for the markets at the halfway point of the year, but the world’s most popular cryptocurrency is powering higher thanks to renewed interest by some of the world’s largest investment funds. Andrew Patterson reports.

With an extended holiday in the US as well as a few potentially high-impact news releases, things could get interesting.

According to some in the City, the UK will have to keep prices flat for the next seven years to make up for the last three. Really?

Apple crosses $3 trillion market cap again, Nike misses earnings, Micron stock drops on Chinese ban, Biden's $42B internet plan

Though it’s a dirty job, this compelling and pertinent enterprise is more than willing to put some elbow grease down ahead of an ambiguous market environment.

RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.