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today's top stories

  • Blue Origin's New Glenn Rocket Grounded After Failed Satellite Launch April 20, 2026 18:20 ET

    Blue Origin has put a hold on its New Glenn rocket after the Federal Aviation Administration requested an investigation into a failed satellite launch, dealing a blow to the company's aspirations in space.

  • Jersey Mike's Confidentially Files For IPO After Blackstone Deal April 20, 2026 18:19 ET

    Jersey Mike has quietly filed for an IPO, the company announced on Monday. This is a significant move towards going public, more than a year after Blackstone took a majority stake in a deal that valued the chain at around $8 billion.

  • Deloitte Cuts PTO, Parental Leave And IVF Benefits For Select Employees April 20, 2026 18:18 ET

    Deloitte is rolling back certain employee benefits for a specific group of its workforce, showing a wider trend where companies are cutting back on perks during these uncertain economic times.

  • Tornado Damages Rivian Illinois Plant, No Injuries Reported April 20, 2026 18:16 ET

    Over the weekend, a tornado hit part of Rivian Automotive's manufacturing facility in Normal, Illinois, causing damage to a building used for storing parts and logistics for its upcoming R2 vehicle, according to CEO RJ Scaringe.

  • U.S. Stocks Move Modestly Lower Following Last Week's Surge April 20, 2026 16:10 ET

    Following the substantial rally seen last week, stocks saw a modest pullback during trading on Monday. The major averages all moved to the downside, although selling pressure was relatively subdued. The major averages finished the day well off their lows of the session but still in the red.

  • U.S. Stocks Seeing Modest Weakness Following Last Week's Spike April 20, 2026 10:35 ET

    Stocks are seeing modest weakness during trading on Monday, giving back ground following the substantial rally seen in the previous week. The major averages have all moved to the downside, although selling pressure appears relatively subdued. The modest weakness on Wall Street comes amid concerns about the re-escalation of tensions between the U.S. and Iran.

  • U.S. Stocks May Give Back Ground Amid Re-Escalation Of U.S.-Iran Tensions April 20, 2026 08:55 ET

    Following the substantial rally seen last week, stocks are likely to give back ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent. Concerns about the re-escalation of tensions between the U.S....

  • Wall Street Poised To Slide Again At Open April 20, 2026 08:22 ET

    Next round of talks to settle the Middle East crisis is on hold after the U.S. forcibly seized an Iranian-flagged cargo ship. Tehran said it has no plans for the next round of talks. Early signs from the U.S. Futures point to significantly lower open for Wall Street on Monday. In view of persisting...

  • New NASA Force To Support US Air And Space Program April 20, 2026 07:49 ET

    NASA and the U.S. Office of Personnel Management have launched the NASA Force website, opening applications for roles aimed at recruiting the United States' top engineers and technologists to support the nation's air and space program. NASA Force, a new hiring initiative developed in partnership...

  • Trump Order To Accelerate Treatments For Serious Mental Illness April 20, 2026 07:34 ET

    President Donald Trump has signed an Executive Order that will accelerate access to treatments for patients with serious mental illness, reaffirming his commitment to advancing solutions that provide hope to Americans with devastating, complex, and treatment-resistant conditions. The Order directs the Food and Drug Administration Commissioner to provide Commissioner's National Priority Vouchers t

  • Tsunami Warning Issued After Powerful Earthquake Off Japan's North-east Coast April 20, 2026 07:04 ET

    A 7.5 magnitude earthquake struck off the north-east coast of Japan Monday, prompting authorities to issue a 9.8-foot tsunami warning. The Japan Meteorological Agency warned that waves as tall as 3 meters can be expected in the Iwate prefecture and parts of Hokkaido and Aomori, while tsunami warnings...

  • Asia-Pacific Forum Highlights Global Ripple Effects Of Middle East War April 20, 2026 06:54 ET

    At the UN's regional forum in Bangkok, senior UN officials and national delegates have warned that the impact of the Middle East war is being felt far beyond the region, with growing consequences for economies and vulnerable populations across Asia and the Pacific. Addressing the UN Economic and Social Commission for Asia and the Pacific's 82nd session in Bangkok, Deputy Secretary-General Amina M

  • Iran Vows To Retaliate After US Seizes Iran-flagged Ship April 20, 2026 06:16 ET

    Iran's military has vowed retaliation following the seizure of an Iranian cargo ship in the Gulf of Oman by U.S. forces, leaving the potential bilateral talks to end the Middle East war in jeopardy. The Trump administration had announced that the second round of US-Iran talks will commence Monday in Pakistan's capital, which is under tight security. But Iranian foreign ministry said there are n

  • European Shares Decline As US-Iran Tensions Intensify April 20, 2026 05:06 ET

    European stocks were sharply lower on Monday amid renewed tensons between the United States and Iran. Tensions between the countries entered a new phase after the U.S. seized an Iranian vessel and Iran said it would not send a negotiating delegation for peace talks. The Strait of Hormuz remains...

  • European Shares Seen Lower At Open As Hormuz Tensions Explode April 20, 2026 01:39 ET

    European stocks look set to drift lower at open on Monday as Middle East tensions escalated over the weekend and the Strait of Hormuz remained closed, leading to a rebound in crude oil prices. Iran has rejected participation in a second round of peace talks under U.S. pressure, insisting on Hormuz...

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.