The World Bank said Tuesday that global economic growth has slowed sharply in the face of higher interest rates, chronic inflation and continued fallout from the banking crisis. The world economy is expected to expand just 2.1% this year after growing 3.1% in 2022, the Washington-based institution said in its semiannual…

Market Movers rounded up the best reactions from investors and analysts on Apple . The experts, including Jim Cramer , discussed the tech giant after it unveiled its new mixed-reality Vision Pro headset Monday . D.A. Davidson downgraded the stock to neutral from buy that evening, saying the good news…

New York City has some of the worst air quality in the country this week because of smoke that has drifted south from wildfires burning in Canada.The ratings for air quality levels across the five boroughs reached into the 150s Tuesday, according to the U.S. government online platform AirNow. Those levels…

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Back-to-back lawsuits against two of the world’s biggest crypto enterprises are sending a chill through the fragile ecosystem of digital assets in the United States. In…

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Coinbase, one of the leading cryptocurrency exchanges globally, faces a lawsuit from US regulators, hot on the heels of similar legal action against Binance, another industry heavyweight.The Securities and Exchange Commission (SEC) accused Coinbase of operating illegally without prior registration, a mandatory requirement for securities trading firms in the US.Considering…

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Wall Street stocks rose on Tuesday, led by financials and consumer discretionary stocks as investors consider the path forward for US monetary policy. Wall Street’s benchmark S&P 500 finished 0.2 per cent higher, just short of the technical bull-market territory it briefly entered on Monday after it had risen more…

Mark Meadows, Donald Trump’s former chief of staff, has testified to a federal grand jury as part of special counsel Jack Smith’s ongoing investigation into the former president, according to one source familiar with the matter. The New York Times first reported on his testimony. This story is breaking and…