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today's top stories

  • chicago 30092025 lg Chicago Business Barometer Rebounds Much More Than Expected In December December 30, 2025 10:14 ET

    A report released by MNI Indicators on Tuesday showed a significant rebound by its reading on Chicago-area business activity in the month of December. MNI Indicators said its Chicago business barometer jumped to 43.5 in December after plunging to 36.3 in November. Economists had expected the index to rise to 39.5.

  • capitaltablet 19092025 lg U.S. Stocks May Lack Direction Ahead Of Fed Minutes December 30, 2025 08:50 ET

    Following the weakness seen in the previous session, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may be reluctant to...

  • U.S. Futures Signal Lower Open For Wall Street December 30, 2025 07:38 ET

    The minutes of the Federal Reserve's monetary policy meeting scheduled on Tuesday afternoon might get special attention on Tuesday. The geopolitical developments, especially conflicts in the Middle East as well as Russia-Ukraine also are closely monitored by investors. Early trends from the U.S....

  • space1 30122025 lg US Astronauts Set For Spacewalks At Space Station In January December 30, 2025 07:17 ET

    Two American astronauts will conduct a pair of spacewalks in January outside of the International Space Station to prepare for the installation of a roll-out solar array and complete other tasks. NASA said that on January 8, Mike Fincke and Zena Cardman will exit the station's Quest airlock to prepare the 2A power channel for future installation of International Space Station Roll-Out Solar Arra

  • drug 30122025 lg Philadelphia CBP Seizes Dangerous Ketamine Smuggled From Europe December 30, 2025 06:57 ET

    U.S. Customs and Border Protection has announced that its officers have intercepted six separate ketamine smuggling attempts in Philadelphia. Each of the six shipments, which arrived between September 23 through December 11, were shipped from Europe to addresses in the United States. Four shipments...

  • isrel2 30122025 lg Israel's Recognition Of Somaliland Triggers Sharp Divides Among Nations December 30, 2025 06:35 ET

    Israel's recognition of Somaliland has triggered sharp divides between nations, as speakers at the UN Security Council warned that the move will threatens stability in Horn of Africa. The Security Council met on Monday to hear a briefing on developments in Somaliland by Khaled Khiari, Assistant Secretary-General for the Middle East, Asia and the Pacific, Departments of Political and Peacebuildin

  • FDA Finds Insufficient Data To Determine Safety Of PFAS In Cosmetics December 30, 2025 06:00 ET

    The U.S. Food and Drug Administration has released a congressionally mandated report under the Modernization of Cosmetics Regulation Act of 2022, evaluating the use of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in cosmetic products. While the report reviews available scientific evidence on...

  • US Commits $2 Bln Humanitarian Funding For 17 Crisis-hit Countries December 30, 2025 05:49 ET

    The United States has signed an agreement with the United Nations committing $2 billion in humanitarian assistance for global relief programs. The UN's top relief official hailed the move, targeting 17 crisis-hit countries, as a landmark commitment to saving lives amid escalating humanitarian needs...

  • 2 Men Killed In US Strike On Suspected Drug Vessel In Pacific December 30, 2025 05:16 ET

    Two men were killed in U.S. military strike targeting a boat suspected of carrying drugs in international waters in the eastern Pacific Ocean. U.S. Southern Command said that the attack, "on a vessel operated by Designated Terrorist Organizations", was carried out by Joint Task Force Southern Spear at the direction of Secretary of Defense Pete Hegseth, on Monday. Intelligence confirmed the vess

  • calender1 30122025 lg Biotech Stocks Facing FDA Decision In January 2026 December 30, 2025 03:21 ET

    The regulatory landscape saw several historic firsts in terms of FDA approval in December. Among them are the approval of the first CAR T-cell therapy for marginal zone lymphoma and the introduction of TEMPO, a first-of-its-kind digital health pilot, to name a few. Let's take a look at the key regulatory decisions and anticipated approvals slated for January 2026.

  • world 11122025 lg European Markets Seen Opening On A Weak Note December 30, 2025 01:05 ET

    Cautious sentiment is expected to prevail in stock markets in Europe on Tuesday morning as traders await the release of the FOMC minutes.

  • wendysv1 29122025 lg Wendy's Offers 1-Cent Jr. Bacon Cheeseburgers To Celebrate National Bacon Day December 29, 2025 17:21 ET

    Wendy's is giving customers a chance to score an ultra-cheap meal this week as part of its National Bacon Day celebration.

  • openai 29122025 lg OpenAI Seeks New Executive To Address Emerging AI Safety Risks December 29, 2025 17:14 ET

    OpenAI is on the hunt for a senior executive to spearhead efforts in understanding and managing new risks tied to advanced AI, which range from cybersecurity threats to mental health issues.

  • bugati 29122025 lg HOF Capital, BlueFive In Talks To Acquire Porsche Stake In Bugatti Rimac: Reports December 29, 2025 16:37 ET

    According to a Bloomberg report, HOF Capital and BlueFive Capital are currently in talks to buy Porsche AG's stake in Bugatti Rimac.

  • stockmarket 19092025 lg Profit Taking Contributes To Pullback On Wall Street December 29, 2025 16:09 ET

    After turning in a strong performance last week, stocks moved mostly lower during trading on Monday. The major averages all moved to the downside, although selling pressure was somewhat subdued. The major averages ended the day well off their worst levels but still in negative territory. The Dow fell...

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.