U.S. markets were poised to open lower as investors fret over the prospect of a possible recession while another global currency came under pressure

The Bank of England has moved to halt a slide in British government bonds that posed a “material risk to U.K. financial stability” after political leaders’ plans to slash taxes and increase borrowing spooked investors and sent the pound tumbling

China’s yuan has fallen to a 14-year low against the dollar despite central bank efforts to stem the slide after U.S. interest rate hikes prompted traders to convert money into dollars in search of higher returns

Asian shares have tumbled after a wobbly day on Wall Street as markets churn over the prospect of a possible recession

The British pound has stabilized as U.K. authorities tried to ease investor concerns after the biggest tax cuts in 50 years sent the currency tumbling to a record low

U.S. consumers grew more confident for the second month in a row as gas prices continued to fall

Federal Reserve Chair Jerome Powell said that stablecoins will need greater regulation as they become more widely used by consumers

Stocks are mixed in Asia after they closed broadly on lower Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market

Governors of the Inter-American Development Bank have voted to fire its president, Mauricio Claver-Carone