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Yahoo Finance's morning wrap for Wednesday

Wednesday morning wrap. Source: Getty Images
Wednesday morning wrap. Source: Getty Images

Good morning.

Here’s everything you need to know in finance this morning.

Australia's Domino's Pizza sued for underpaying staff, shares slide: Australia's Domino's Pizza Enterprises has been hit by a class-action lawsuit over employee underpayment which the fast-food chain said it would defend itself against, but its shares fell more than 6% to a four-year low.

We’re just one step away from a global recession: Analysts from UBS estimate that a mild global recession could be in store if escalation with Trump's tariff imposition does not cool down.

Today on the ASX: The Aussie share market closed marginally lower yesterday as a fall in banking stocks created a choppy session. Here’s what we can expect from the market today.

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10 countries with the best (and worst) quality of life: Nordic countries ranked highly in an index showing what the world thinks of the biggest nations. Does Australia make the list?

Prince Harry and Meghan's home refurb cost $4.4 million: The cost of renovating Prince Harry and his wife Meghan's new home was a whopping 2.4 million pounds (A$4.4 million), Buckingham Palace said on Tuesday. Here’s how they paid for it.

Fed is wresting with rate cuts: Federal Reserve chair Jerome Powell says the central bank is wrestling with whether to cut rates as he pushed back against President Donald Trump's comments.

20 pieces of awesome tech you can’t buy yet: Illuminated keyboard or a retro gaming console. Here are the pieces of tech you won’t want to miss out on.

Australia needs ‘fiscal stimulus', but what does that actually mean? With the economy down in the dumps and the per capita recession now extending to nine months, there is a frenzied call for the government to implement some spending and tax policies to stem the bleeding. But how?

Have a great day.

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