The Latest Breaking News from US Federal Reserve

Australian shares have risen, led by gains in technology stocks tracking a Wall Street rally and mining stocks on new strength in commodity prices, while AGL Energy fell on withdrawing plans for its demerger.

Recap: Global shares rose yesterday, heading for a gain on the week, after minutes from the last Fed meeting suggested the US central bank may get less aggressive on monetary policy tightening.

Australian shares follow a strong lead from Wall Street, Twitter shareholders have sued billionaire Elon Musk for allegedly trying to manipulate the company's share price, while Telstra pays $11 million in compensation for breaching telco industry rules.

Concerns over high inflation, the Fed's hawkish monetary policy, and the potential for the economy to slide into a recession have caused the market to suffer a significant correction of late. But the current downtrend could be a great opportunity to scoop up shares of quality companies LiveRamp Holdings (RAMP)…

Concerns over aggressive interest rate hikes to fight the multi-decade high inflation and a looming recession have recently kept the stock market under pressure. However, growth stocks Taro Pharmaceutical (TARO), Superior Industries (SUP), Viavi Solutions (VIAV), CEVA (CEVA), and SMART Global Holdings (SGH) are well-positioned to rebound.

Zoltan Poszar's Predicted Commodities Disruptions

The Federal Reserve’s hawkish stance–replete with interest rate increases–should benefit many stocks in the financial sector by helping them generate more interest income. Therefore, we believe that adding fundamentally sound financial stocks Unum Group (UNM) and First BanCorp (FBP) to one’s portfolio could be wise. These stocks have outperformed the…

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

After winning the federal election, Anthony Albanese is promising action on climate change, greater gender equality and improved wage growth.