Shares of the Canadian clothing company fell more than 10% after Lululemon lowered its fourth-quarter gross margin guidance.

Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to the published minutes.

Emerging market cryptocurrencies are up more than one-fifth from their October lows as weakening global inflation and hopes that the U.S. central bank will soon slow interest rate hikes will encourage investors to switch to the asset class.

In a year of Covid restrictions and travel restrictions, some of the surviving cryptocurrencies have seen growth online and abroad.