The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
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The AI narrative has flipped to a focus on the risk with the tech unpopular with the public and projections of order backlogs beyond a few quarters now suspect.
Higher interest rates are typically viewed as dicey for stocks but also mean you can earn more on your fixed income investments.
The future of Canberra's water park Big Splash remains uncertain after the ACT government today said it did not believe it would reopen for the summer, as had been promised by the site's lessee.
Stocks sold off on Tuesday as the yield on the 10-year Treasury broke above 5%.
The Australian share market is trading at its lowest level since June, with miners and energy stocks dragging it lower as rising oil prices lift inflation fears. Follow live.
Sarah Cooper-Lesadd says party is ‘far more interested in division, opposition and headlines than finding solutions’ Leader of Reform UK in Wales stands down after arrest on suspicion of assault The Liberal Democrats…