Intel Corp. (INTC) saw a big jump in its shares on Thursday after President Donald Trump announced that the semiconductor giant had struck a deal with Apple Inc. (AAPL) to design and produce chips right here in the U.S.
After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performance throughout the day. The rebound on Wall Street partly reflected a positive reaction to news the U.S. and Iran have officially signed a preliminary agreement to end the Middle East war.
California stands to gain a significant increase in tax revenue from the recent SpaceX initial public offering, along with the upcoming public listings of AI companies OpenAI and Anthropic.
A new study, published in JAMA Network Open, suggests that women who are actively taking combined contraceptive pills may be more likely to experience binge eating. The study, led by researchers from Michigan State University, followed 422 women in the United States and Canada over 49 days across...
People who live in the same home share many of the same bacteria in their mouths and guts, according to a new study published in Cell Press Blue. "Who we decide to share our homes with can have a huge influence on our microbiomes, which has potential consequences for our health," commented first author...
Alphabet's (GOOG) self-driving unit Waymo is recalling 3,871 fifth-generation automated driving systems (ADS) in the U.S. after a software issue was found that could allow vehicles to enter closed freeway construction zones and continue driving through active work areas. According to a recall notice...
Stocks have moved sharply higher during trading on Thursday, largely offsetting the weakness seen late in the previous session. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the major averages are off their highs of the session but still firmly positive.
The U.S. Food and Drug Administration has approved the first generic of Xofluza (baloxavir marboxil) tablets, the first single-dose treatment for acute uncomplicated influenza and prophylaxis in patients 5 years of age and older. This approval is to increase the availability of generic drugs in time...
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth.
The Bank of England left its key interest rate unchanged on Thursday as inflation slowed unexpectedly and unemployment declined, and the US-Iran peace deal lowered the upside risks to inflation. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to hold the bank rate at 3.75 percent, which is the lowest rate since June 2023.
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists had expected jobless claims to edge down to 225,000.
The U.S. War Department has announced that 30,000 drones are being delivered now and will be ordering 60,000 more in September. This is under the $1.1 billion Drone Dominance Program, a two-year effort to execute President Donald Trump's Executive Order, which articulated the urgent need for the department...
England made a roaring start to the FIFA World Cup 2026 with a 4-2 victory over Croatia while DR Congo showed their warrior spirit to hold Portugal to a 1-1 draw Wednesday, but Cristiano Ronaldo failed to rise to expectations. England won an exciting opening Group L contest against Croatia at Dallas Stadium, thanks to a brilliant brace from captain Harry Kane and second-half goals by Jude Belling
Stocks are likely to move to the upside in early trading on Thursday, regaining ground following the sell-off seen late in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Early buying interest may be...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.