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today's top stories

  • Top Biotech Gainers: TTRX Turns Heads, LIXT Shifts To AI Energy, CNXU Update, QTRX, TRAX On Watch June 01, 2026 23:07 ET

    Monday's top gainers include Turn Therapeutics following its interim analysis findings from an atopic dermatitis study; Conexeu Science on progress in its B.R.E.A.S.T. bioprinting program; LIXTE Biotechnology and its strategic transformation; and Quanterix amid insider transactions, among others.

  • United Flight To Spain Returns To Newark After Bluetooth Device Name Raises Alarm June 01, 2026 17:55 ET

    A United Airlines Holdings, Inc (UAL) flight headed for Palma de Mallorca had to turn back to Newark Liberty International Airport on Saturday evening after a passenger allegedly renamed a Bluetooth device, making it sound like there was a bomb threat, which led to a security response.

  • Florida Takes Legal Action Against OpenAI And Sam Altman Over ChatGPT Safety Issues June 01, 2026 17:24 ET

    Florida is suing OpenAI and its CEO, Sam Altman, claiming they knowingly released an unsafe AI product and didn't do enough to protect users, especially kids.

  • Anthropic Gets Ready For An IPO, Eyes AI Market Debut June 01, 2026 17:24 ET

    Anthropic has quietly submitted a registration statement to the U.S. Securities and Exchange Commission for a potential initial public offering, gearing up for what could be one of the most anticipated market entries in a while.

  • U.S. Stocks Finish Another Choppy Trading Day Mostly Higher June 01, 2026 16:20 ET

    Following the relatively lackluster performance seen during last Friday's sessions, stocks continued to show a lack of conviction during trading on Monday but once again managed to end the day mostly higher. The major averages ended the day off their best levels but still at new record closing highs.

  • Brazilian Health Authorities Investigate Possible Ebola Infections In Two Cities June 01, 2026 14:52 ET

    Health officials in Brazil are closely monitoring two people for possible Ebola infection in the country's largest cities, São Paulo and Rio de Janeiro. In São Paulo, a 37-year-old man from the Democratic Republic of the Congo (DR Congo), where the current Ebola outbreak is centered, developed symptoms...

  • Google Plans To Release 32 Million Mosquitoes In California And Florida To Fight Disease Spread June 01, 2026 13:48 ET

    Google is moving ahead with plans to release up to 32 million specially treated male mosquitoes in California and Florida to help reduce the spread of mosquito-borne diseases. According to reports from USA Today, Google submitted an application to the U.S. Environmental Protection Agency (EPA) last...

  • Lilly Continues Its Acquisition Spree, Inks Two Asia Partnerships Today June 01, 2026 12:21 ET

    Eli Lilly and Company (LLY) continued its deal-making momentum on June 1, 2026, announcing two new licensing agreements in Asia while also highlighting three infectious-disease acquisitions completed last week.

  • U.S. Stocks Lack Direction As Trade Weigh AI Optimism Against Oil Price Spike June 01, 2026 11:46 ET

    Following the relatively lackluster performance seen during last Friday's session, stocks have continued to show a lack of direction over the course of the trading day on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance.

  • U.S. Construction Spending Increases From Downwardly Revised Level In April June 01, 2026 10:44 ET

    A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.

  • U.S. Manufacturing Index Rises To Four-Year High In May June 01, 2026 10:41 ET

    Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.

  • Switzerland GDP Expands Less Than Estimated In Q1 June 01, 2026 09:45 ET

    The Swiss economy expanded less than estimated in the first quarter on subdued domestic demand, data from the State Secretariat for Economic Affairs, or SECO, showed Monday. Gross domestic product grew 0.4 percent in the first quarter, which was revised down from the initial estimate of 0.5 percent.

  • X-59 To Fly Supersonic For First Time In Test Flights In June June 01, 2026 09:00 ET

    NASA's X-59 quiet supersonic research aircraft is preparing for some of its most significant flights yet. The X-plane is about to begin a new block of test flights that will include its first time flying faster than the speed of sound and other mission-critical objectives. "What comes next is the first time this one-of-a-kind aircraft will fly supersonic," said Cathy Bahm, project manager for NAS

  • U.S. Stocks May See Initial Strength After Nvidia Unveils New PC Chip June 01, 2026 08:56 ET

    After ending last Friday's choppy session mostly higher, stocks may see further upside in early trading on Monday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent. Optimism about the AI trade may contribute to initial...

  • 'No Fly Zones' Over World Cup Stadiums In US June 01, 2026 08:43 ET

    Temporary flight restrictions will be in place over stadiums hosting FIFA World Cup football matches and related fan events across the United States to help protect participants and spectators. The temporary flight restrictions will be established by Federal Aviation Administration, in coordination with the Department of Homeland Security and the Department of Justice. During match days, all air

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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