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today's top stories

  • US Futures Point To Slight Gains On Wall Street May 20, 2026 08:23 ET

    Investors are awaiting Nvidia's upcoming earnings on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up. In the Asian trading session, oil prices were sharply lower. Gold prices were little changed. Spot gold was steady at $4,482.58 an ounce. As...

  • Concerns Grow Over Nuclear Safety After Drone Strike On UAE Nuke Plant May 20, 2026 08:22 ET

    The UN Security Council met in an emergency session in New York to discuss the situation in the Middle East following reports of a drone strike near the Barakah Nuclear Power Plant in the United Arab Emirates. IAEA Director General Rafael Mariano Grossi briefed members as concerns grow over nuclear safety...

  • China Confirms Buying 200 Boeing Jets From US May 20, 2026 08:20 ET

    The Chinese government has confirmed the purchase of 200 American-made Boeing aircraft for Chinese airlines. This was part of many deals secured during President Donald Trump's recently concluded visit to Beijing. The Chinese Commerce Ministry said on Wednesday that the U.S. will guarantee the supply of aircraft engine parts and components. The White House had said earlier this week that a tra

  • TJX Sees Positive Q2, Lifts FY27 View After Higher Q1; Raises Buyback Range; Stock Gains May 20, 2026 08:14 ET

    Shares of TJX Companies, Inc. were gaining around 4 percent in the pre-market activity after the off-price apparel and home fashions retailer on Wednesday issued positive outlook for second quarter and raised fiscal 2027 view, after reporting strong Q1 results. Further, the firm raised its range for share repurchases to $2.75 billion to $3.0 billion of TJX stock during Fiscal 2027.

  • 'Taiwan Travelogue' Wins International Booker Prize May 20, 2026 07:58 ET

    Taiwan Travelogue, a novel by Taiwanese writer Yang Shuang-zi about forbidden love and Taiwanese food, has won the International Booker Prize 2026. Taiwan Travelogue is the first book translated from Mandarin Chinese to English to win the the prestigious award. The International Booker Prize recognizes the vital work of translation, with the 50,000 pound prize money divided equally between the a

  • European Shares Inch Higher In Cautious Trade May 20, 2026 05:19 ET

    European stocks were modestly higher in cautious trade on Wednesday, with Middle East tensions, upcoming Nvidia earnings and regional inflation data in focus. Bond remained under pressure as money markets factor in interest rate hikes from the European Central Bank and the Federal Reserve before...

  • MTVA Gains Weight, CODX Takes A Shot At Ebola, EDSA To Reveal New Data, BDTX On Watch May 20, 2026 05:01 ET

    As hedge fund tycoon George Soros once said, "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." The following biotech stocks were among the top gainers in Tuesday's trading session.

  • Samsung, Google Debut AI Eyewear May 20, 2026 03:51 ET

    Samsung Electronics Co., Ltd. (SSNLF, 005930.KS, SMSN.L, 005935.KS) and Google unveiled AI-powered eyewear developed with fashion brands Gentle Monster and Warby Parker, marking the companies' first joint entry into the smart glasses market.

  • European Economic News Preview: UK Inflation Data Due May 20, 2026 01:57 ET

    Consumer and producer prices reports from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for April. Consumer price inflation is forecast to ease to 3.0 percent in April from 3.3 percent in March.

  • European Shares Poised For Lower Open Amid US-Iran Tensions May 20, 2026 01:40 ET

    European stocks may open on a sluggish note Wednesday, with Middle East tensions and upcoming Nvidia earnings likely to be in focus. After pausing military action to allow diplomacy, U.S. President Donald Trump said the United States could strike Iran within days if ongoing negotiations fail. Trump...

  • Jury Dismisses Elon Case Against OpenAI As Too Late May 19, 2026 18:00 ET

    A federal jury in Oakland decided that Elon Musk took too long to take legal action against OpenAI and its CEO, Sam Altman, claiming that the organization had strayed from its original nonprofit goals.

  • OpenAI's Andrej Karpathy Joins Anthropic To Boost Claude Research May 19, 2026 17:50 ET

    Andrej Karpathy, a known figure in the field of artificial intelligence and a co-founder of OpenAI, has taken a position at Anthropic as the company ramps up its efforts in large language model research.

  • Dunkin' To Give Away 1 Mln Free Coffees For A Day May 19, 2026 16:35 ET

    On May 19, Dunkin' is giving away 1 million free coffees to both customers and rewards members as part of a special one-day event.

  • U.S. Stocks Close Mostly Lower As Treasury Yields Extend Surge May 19, 2026 16:12 ET

    Following the mixed performance seen in the previous session, the major U.S. stock indexes all moved to lower during trading on Tuesday. Stocks staged a recovery attempt in early afternoon trading but moved back to the downside going into the end of the day. The major averages all finished the day firmly in negative territory.

  • Combination Treatment Of Ketamine And Buprenorphine May Reduce Suicidal Thoughts, New Study Finds May 19, 2026 14:04 ET

    A new study published in the American Psychiatric Association journal suggested that giving a low dose of Buprenorphine after a single infusion of Ketamine helped reduce suicidal thoughts in adults with major depression for a longer time. The study included 50 adults with major depressive disorder...

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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