New home sales in the U.S pulled back sharply in the month of July, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales plummeted by 10.5 percent to an annual rate of 607,000 in July after spiking by 7.6 percent to an upwardly revised rate of 678,000 in June.
The Australian Recording Industry Association, or ARIA, has announced that music recordings developed using generative artificial intelligence have been banned from Australia's music charts.On Tuesday, ARIA confirmed how the global principles on recordings developed using AI set out by IFPI will apply to the ARIA Charts. Wholly AI-generated tracks will not be eligible for the ARIA Charts. Howev
FDA approval is an important milestone, but it is patient adoption that ultimately determines a therapy's commercial success. The company we are profiling today has shown strong early market traction, securing a leading position in the menin inhibitor class within just its second full quarter after launching its acute myeloid leukemia (AML).
Stocks are likely to move to the upside in early trading on Tuesday, regaining ground after ending the previous session mostly lower. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. Early buying interest may be generated...
The U.S. is planning to widen economic sanctions against Iran, while China, the biggest buyer of Iranian oil, said the sanctions are illegal and it would take measures to protect its right. Trump administration is planning to increase application fee for H1-B visa issued to foreign professionals seeking...
The U.S. Department of Justice has launched the National Fraud Detection Center, a prosecutor-led, multi-agency team designed to investigate the most harmful actors defrauding federal government programs, including illicit actors overseas and those operating fraud schemes across federal programs. The...
The European Union has sent urgent support to Serbia through its Civil Protection Mechanism as severe wildfires continue to affect the Deliblato Sands Special Nature Reserve, where more than 3,500 hectares have already been impacted. In response to the worsening situation, Serbia activated the Civil...
German business confidence rose to the highest level in a year in August, indicating the resilience of the economy despite ongoing tensions in the Middle East, low water levels in the main transportation waterways and higher energy prices, survey results from the ifo Institute showed Tuesday. The business climate index rose to 88.8 in August from 86.7 in the previous month.
An eight-month-long global operation targeting West African organized crime groups has led to the arrest of 58 criminals and the identification of 263 suspects. Operation Jackal IV was launched in November 2025 to disrupt money laundering, identify high-value targets, seize assets, and support arrests...
The United Kingdom and Ukraine have signed a landmark AI deal as the two countries join forces to develop new military capabilities and the technology of the future. Bringing together Britain's world-leading AI ecosystem with Ukraine's operational experience, engineering talent and technological...
The United States has imposed a tough round of sanctions on Iran, alongside a naval blockade of Iranian ports. The Office of Foreign Assets Control sanctioned nearly 60 entities, individuals, and vessels in multiple jurisdictions that enable the Iranian regime's nuclear and missile technology procurement, cyber operations, and oil-revenue generation networks. Announcing the sanctions, US Treasur
European stocks were modestly higher on Tuesday as U.S. Treasury yields eased from recent highs following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. Investors also took comfort in a softer-than-feared U.S. sanctions...
Around 39 different biotech companies reached a 52-week high in share price on Monday. We explore the reasons behind this ascent and discuss the companies' pioneering research to improve heart health and patient outcomes.
Germany's economy expanded more than estimated in the second quarter as exports remained strong despite geopolitical tensions, official data revealed on Tuesday. Gross domestic product posted a quarterly growth of 0.3 percent, which was revised up from 0.2 percent estimated initially, revised data showed. This followed an expansion of 0.4 percent in the first quarter.
European stocks are seen opening broadly higher on Tuesday as U.S. Treasury yields moved lower following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. U.S. stock futures ticked higher ahead of key earnings and U.S....
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.