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today's top stories

  • U.S. Stocks Seeing Considerable Volatility But Dow Surging April 30, 2026 11:28 ET

    After moving to the upside at the start of trading, stocks have seen considerable volatility over the course of the session on Thursday. While the Dow has climbed more firmly into positive territory, the Nasdaq and the S&P 500 have swung back and forth across the unchanged line. Currently, the major averages are all in positive territory.

  • U.S. Leading Economic Index Pulls Back Sharply In March April 30, 2026 10:37 ET

    The Conference Board released a report on Thursday showing a pullback by its reading on leading U.S. economic indicators in the month of March. The report said the leading economic index slid by 0.6 percent in March, more than reversing the 0.3 percent increase in February.

  • Chicago Business Barometer Unexpectedly Indicates Contraction In April April 30, 2026 10:27 ET

    MNI Indicators released a report on Thursday showing is reading on Chicago-area business activity unexpectedly slid into contractionary territory in the month of April. The report said the Chicago business barometer fell to 49.2 in April from 52.8 in March, with a reading below 50 indicating contraction. Economists had expected the business barometer to rise to 55.3.

  • U.S. Consumer Prices Increase In Line With Estimates In March April 30, 2026 10:06 ET

    Consumer prices in the U.S. increased in line with economist estimates in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.7 percent in March after rising by 0.4 in February. Economists had expected prices to increase by 0.7 percent.

  • U.S. Economic Growth Accelerates Slightly Less Than Expected In Q1 April 30, 2026 10:01 ET

    A report released by the Commerce Department on Thursday showed U.S. economic growth reaccelerated in the first quarter of 2026 but came in slightly below economist estimates. The Commerce Department said gross domestic product shot up by 2.0 percent in the first quarter after climbing by 0.5 percent in the fourth quarter of 2025. Economists had expected GDP to jump by 2.1 percent.

  • ECB Leaves Rates Unchanged Amid Rising Concerns Over Iran War Impact April 30, 2026 09:58 ET

    The European Central Bank left its interest rates unchanged on Thursday, as expected, even as policymakers expressed increasing concern over the impact of the surging energy prices and the intensifying war in the Middle East.

  • Weekly Buzz: FDA Okays Saphnelo Pen, EC Clears Acromegaly Drug, SNGX Slumps, LGND Snaps Up XOMA April 30, 2026 09:47 ET

    This week's biotech landscape witnessed regulatory approvals in the US and Europe, acquisitions, and a few trial halts, alongside positive data readouts spanning multiple therapeutic areas, including Type 1 Diabetes, Male Pattern Hair Loss, and Hereditary angioedema. Let's unpack the specifics. FDA...

  • U.S. Weekly Jobless Claims Slump To Lowest Level Since 1969 April 30, 2026 09:36 ET

    The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended April 25th. The report said initial jobless claims slid to 189,000, a decrease of 26,000 from the previous week's revised level of 215,000.

  • UK Households Embracing Solar Power In The Wake Of Middle East War April 30, 2026 09:06 ET

    Households across the UK are embracing solar power as the government accelerates its clean power mission to reduce the country's exposure to volatile fossil fuel markets following the outbreak of the Middle East war. New government data published Thursday shows that more than 27,000 solar installations...

  • Europe Warming Twice As Fast As Global Average April 30, 2026 09:05 ET

    A joint report by the UN World Meteorological Organization and Copernicus Climate Change Service spotlights key changes across Europe, which is the world's fastest warming continent with temperatures increasing twice as fast as the global average. Key results from the study show that at least 95 per cent of Europe experienced above-average annual temperatures in 2025. There was also a record th

  • US Commits $100 Mln For G7 Effort To Restore Chernobyl Nuclear Safety Systems April 30, 2026 09:02 ET

    The Department of State has announced it will provide up to $100 million in foreign assistance funding toward coordinated G7 efforts to ensure the continued containment of fissile nuclear material at the Chernobyl nuclear power plant in Ukraine. For three decades, the United States and G7 partners have led efforts to secure nuclear material at the Chernobyl plant, with the United States providi

  • Bank Of England Leaves Rate Unchanged April 30, 2026 09:01 ET

    The Bank of England left its key interest rate unchanged on Thursday but cautioned that there is a risk of material second-round effects from the energy price shock, caused by the war in the Middle East, which could lead to future rate hikes. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 8-1 to hold the bank rate at 3.75 percent.

  • Upbeat Earnings News May Lead To Initial Strength On Wall Street April 30, 2026 08:56 ET

    After ending yesterday's choppy session little changed, stocks may move to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be generated amid a positive reaction...

  • Most Products Meet High Safety Standard In FDA Testing Of Infant Formula April 30, 2026 08:33 ET

    The U.S. Food and Drug Administration has announced results from the largest and most rigorous examination ever conducted focused on chemical contaminants in infant formula available in the U.S. market. "We tested more infant formula than ever before, and the results are clear: most products meet...

  • Wall Street Aims To Open Positive April 30, 2026 08:13 ET

    Initial cues from the U.S. Futures Suggest that Wall Street might open in positive territory on Thursday. The Middle East conflict still overshadows investor sentiments. In the Asian trading session, oil prices were up, gold jumped more than 1 percent to trade above $4,600 an ounce. The dollar...

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.