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Money & Markets

President Biden pledges all US will have access to high speed internet by 2030

WASHINGTON — President Joe Biden on Monday said that high-speed internet is no longer a luxury but an “absolute necessity,” as he pledged that every household in the nation would have access by 2030 using cables made in the U.S. “These investments will help all Americans,” he said. ...

The S&P 500 is in a bull market. Here’s what that means

The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20 percentor more from its most recent low. Here are some answers to questions about bull and bear markets: WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market ...

Federal Reserve won’t likely raise rates next week

WASHINGTON — Don’t call it a “pause.” When the Federal Reserve meets next week, it is widely expected to leave interest rates alone — after 10 straight meetings in which it has jacked up its key rate to fight inflation. But what might otherwise be seen as a “pause” will likely ...

Apple unveils a $3,500 headset as it wades into the world of virtual reality

CUPERTINO, Calif. — Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After ...