CNN US

In one of the first significant legal challenges to President Joe Biden's student loan forgiveness plan, a public interest lawyer filed a lawsuit Tuesday arguing that the policy is an abuse of executive power.

US home prices continued to climb in July. But the market showed signs of cooling as rising mortgage rates have pushed more prospective buyers to the sidelines.

The pound may have paused its headlong crash toward parity with the US dollar, but the damage to the UK economy sparked by Prime Minister Liz Truss' huge tax-cutting gamble is still rippling through financial markets.

Facebook parent company Meta announced Tuesday it had detected and shut down two separate networks of fake accounts engaged in covert influence operations run from China and Russia.