In one of the most serious violations of the ceasefire, Iran launched missiles at Kuwait and Bahrain and the United States conducted fresh attacks on Qeshm Island, calling it "self-defense strikes." A series of exchange of fire Tuesday night was apparently triggered by the US military using a Hellfire missile to hit an unladen oil tanker sailing toward an Iranian port on Kharg Island on the Arabi
The euro area private sector logged back-to-back contractions in May, marking its biggest fall in 18 months, final survey data from S&P Global showed Wednesday. The final composite output index dropped to 48.5 in May from 48.8 in April. A score below the threshold 50.0 indicates contraction. However, the score was above the flash estimate of 47.5.
European stocks edged lower on Wednesday as renewed Middle East tensions continued to push oil prices higher, clouding the outlook for inflation and interest rates. Brent crude futures jumped nearly 3 percent toward $99 a barrel after the U.S. military said it had thwarted Iranian missile attacks...
European stocks are seen opening a tad lower on Wednesday as investors weigh AI optimism against mounting economic concerns. Markets now see an ECB rate hike next week after Eurozone inflation rose to the highest since 2023 in May, driven by energy and services. In a speech prepared for the University...
Tuesday's top gainers in the healthcare sector included Bluejay Diagnostics, which inked a strategic partnership with Argonaut; Picard Medical, which is advancing its next-generation Emperor Total Artificial Heart; and Cingulate, which rallied despite a regulatory setback, among others.
Anthropic has announced a major expansion of Project Glasswing, its program focused on using AI to identify and address significant software vulnerabilities.
Alphabet Inc. (GOOG) has revealed that it intends to raise $80 billion by selling stocks and attracting private investments to build out its artificial intelligence infrastructure.
Wall Street was able to shake off early weakness and find modest gains on Tuesday, with each of the three major averages hitting record closing highs for the third day in a row. The Dow added 228.91 points or 0.45 percent to finish at 51,307.79, while the NASDAQ rose 7.09 points or 003 percent to...
Stocks continue to show a lack of direction during trading on Tuesday but have maintained the positive bias seen over the two previous sessions. While buying interest seems somewhat subdued, the major averages have all moved to the upside on the day. Currently, the major averages are posting modest...
Retailer Dollar General Corp. on Tuesday lifted fiscal 2026 profit view following higher first-quarter results. Further, the firm maintained annual sales growth view. Todd Vasos, CEO of Dollar General, said: "Our topline results were highlighted by positive customer traffic and balanced category growth,...
UK mortgage approvals rose to a 15-month high in April despite higher borrowing costs, data from the Bank of England showed Tuesday. Mortgage approvals unexpectedly increased to 65,945 in April from 63,979 in the previous month. This was the highest since January 2025 and was above forecast of 62,000.
British Paralympic sprinter and surgeon John McFall is set to become the first physically disabled astronaut to enter the aerospace. John, an NHS surgeon who lost his right leg in a motorcycle accident at the age of 19, was selected by the European Space Agency in 2022 for its ground-breaking Fly! Project, which is pioneering the inclusion of astronauts with physical disabilities in long-duration
Early trends from the U.S. Futures suggest that Wall Street might open lower on Tuesday. Oil prices fell sharply. Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel. The dollar index edged lower in Asian trade. Gold prices rebounded, while spot gold jumped 0.9 percent...
NASA's research aircraft will conduct a number of low-altitude flights near Houston this month. Five C-20A research aircraft will support a Student Airborne Research Program mission out of Ellington Field in Houston. NASA said that flights are expected from June 3 to 13. During the mission, select...
The U.S. Department of the Treasury and United States Mint have announced the upcoming production of the FIFA World Cup 2026 commemorative coins. Under the FIFA World Cup 2026 Commemorative Coin Act, the Mint will produce $5 gold, $1 silver, and half-dollar clad coins celebrating the 2026 football tournament, which kicks off later this month. Mint plans to make a maximum of 100,000 Gold $5 coins
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.