Google Gemini under Alphabet Inc. (GOOG) is joining forces with CapCut to incorporate video and image editing features right into Google's AI assistant platform, further enhancing Gemini's suite of creative AI tools.
ABC Trading Inc. is pulling back around 84,700 kids' toys because of a danger related to button batteries, as stated in a notice from the U.S. Consumer Product Safety Commission.
The Orb Factory has pulled around 121,340 Orb Funkee squeeze toys from the U.S. market because they may contain asbestos in the sand filling, according to a notice from the U.S. Consumer Product Safety Commission.
Spotify has teamed up with Universal Music Group to let users make AI-generated covers and remixes from songs by artists involved in the program.
Following the rally seen in the previous session, stocks moved back to the downside in early trading on Thursday before regaining ground over the course of the day. The major averages saw considerable volatility in the latter part of the session but finished in positive territory, with the Dow reaching a new record closing high.
A new study published in the European Heart Journal suggests that eating foods containing common preservatives may raise the risk of high blood pressure and heart disease. The study, led by researchers from INSERM (the French National Institute for Health and Medical Research) and universities in...
Cases of bacterial sexually transmitted infections (STIs) have increased sharply across Europe, according to the European Centre for Disease Prevention and Control (ECDC). The EU health agency, based in Solna, said reported cases of gonorrhoea and syphilis reached their highest levels in more than...
Stocks have moved mostly lower during trading on Thursday, giving back ground following the rally seen in the previous session. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are off their lows of the session but still in the red.
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction.
New residential construction in the U.S. pulled back sharply in April but still came in well above economist estimates, according to a report released by the Commerce Department on Thursday. The Commerce Department said housing starts slumped by 2.8 percent to an annual rate of 1.465 million in April after soaring by 12 percent to an upwardly revised rate of 1.507 million in March.
The Labor Department released a report on Thursday showing first time-claims for U.S. unemployment benefits unexpectedly edged lower in the week ended May 16th. The report said initial jobless claims dipped to 209,000, a decrease of 3,000 from the previous week's revised level of 212,000. Economists had expected jobless claims to inch up to 213,000.
Parker-Hannifin Corp. (PH) Thursday announced an agreement to acquire the commercial and defense aerospace business of Circor International, Inc. for $2.55 billion. The purchase price, net of expected tax benefits, represents 22.7x Circor Aerospace's calendar year 2026 estimated adjusted EBITDA. Parker...
The European Commission downgraded its growth outlook for the euro area economy citing the unprecedented disruption to global energy markets due to the conflict in the Middle East. In the Spring Economic Forecast, the commission said the currency bloc is set to grow 0.9 percent this year, slower than the 1.2 percent projected earlier. The forecast for next year was trimmed to 1.2 percent from 1.
UN General Assembly has adopted a resolution welcoming the advisory opinion of the International Court of Justice on the obligations of States in respect of climate change. The resolution calls on all UN Member States to take all possible steps to avoid causing significant damage to the climate and...
Following the rally seen in the previous session, stocks may move back to the downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent. The downward momentum on Wall Street comes amid a sharp...
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.