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today's top stories

  • U.S. Moves To Reschedule Marijuana To Schedule III, Expands Research Pathways April 24, 2026 17:47 ET

    Acting Attorney General Todd Blanche recently shared that the Justice Department is moving to change the classification of some types of marijuana under federal law, which marks a notable shift in how the U.S. views drug policy.

  • FDA Moves To Fast-Track Psychedelic Therapies For Mental Health April 24, 2026 17:45 ET

    The U.S. Food and Drug Administration has rolled out a plan to speed up the development of psychedelic treatments for serious mental health issues, marking a significant change in U.S. healthcare policy.

  • Google Plans Up To $40 Bln Investment In Anthropic Amid AI Race April 24, 2026 17:24 ET

    Google is setting its sights on a huge investment, potentially reaching $40 billion, in Anthropic, which shows just how fierce the competition for computing power in AI is becoming.

  • Intel Helps Lead Nasdaq, S&P 500 To New Record Closing Highs April 24, 2026 16:17 ET

    After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.

  • Bahamas Eliminates Mother-To-Child HIV Transmission, WHO Says April 24, 2026 14:04 ET

    In a major public health milestone, the World Health Organization has congratulated The Bahamas for eliminating the spread of HIV from mothers to their babies. "I congratulate The Bahamas on this outstanding achievement, which solidifies years of political commitment and the dedication of health workers,"...

  • Global Mental Health Crisis: Rising Toll On Youth And Society April 24, 2026 13:52 ET

    Mental health conditions now affect more than a billion people worldwide, yet the public health response has not kept pace with the growing need. Experts warn that depression and anxiety are rising sharply among young people, with one in seven adolescents impacted.

  • Late-Night Snacking May Worsen Stress Effects On Gut Health, Study Finds April 24, 2026 13:15 ET

    New research presented at Digestive Disease Week 2026 suggests that eating late at night may intensify the effects of stress on digestive health, with potential consequences for the gut microbiome. "It's not just what you eat, but when you eat it," said lead author Harika Dadigiri, resident physician...

  • Nasdaq Rebounds To New Record Intraday High As Intel Soars April 24, 2026 11:03 ET

    Stocks have moved mostly higher during trading on Friday, largely offsetting the weakness seen in the previous session. With the rebound on the day, the tech-heavy Nasdaq has reached a new record intraday high. Currently, the Nasdaq and the S&P 500 are just off their highs of the session.

  • U.S. Consumer Sentiment Index Upwardly Revised But Remains At Record Low In April April 24, 2026 10:48 ET

    Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low. The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.

  • Weekly Buzz: SNY, REGN Get FDA Nod; It's A No For ABBV, GRCE; LLY Acquires Kelonia April 24, 2026 10:34 ET

    This week's biotech landscape witnessed regulatory approvals across the U.S. and Europe, alongside FDA rejections, acquisitions, and positive data readouts spanning multiple therapeutic areas, including Wilson's Disease, Ovarian cancer and stiff person syndrome. Let's unpack the specifics. FDA...

  • ISS Crew Conduct Research On Space On Advanced Cancer And Heart Treatments April 24, 2026 09:46 ET

    Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic

  • U.S. Stocks May Move Back To The Upside As Intel Soars April 24, 2026 08:50 ET

    After ending the previous session mostly lower, stocks may move back to the upside in early trading on Friday. 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. A spike by shares of Intel (INTC) may generate early buying interest,...

  • Russia Central Bank Cuts Rate By 50 Bps April 24, 2026 08:36 ET

    Russia's central bank reduced its benchmark rate for the eighth consecutive time to contain rising inflation. The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 14.50 percent. The bank said it will assess the need for further key rate cuts at its upcoming meetings depending on sustainability of inflation slowdown.

  • Study Links Dyslipidemia And Early Onset Schizophrenia In Children And Adolescents April 24, 2026 08:27 ET

    A study published recently in the Frontiers in Psychiatry journal by Kehuang Li et al linked the occurrence of dyslipidemia with early onset schizophrenia in children and adolescents. Early-onset schizophrenia (EOS) is a rare psychological disease that manifests before adulthood, or 18 years of age....

  • Wall Street Aims To Open Broadly Up April 24, 2026 08:15 ET

    President Donald Trump asked not to "rush" to resolve the Iran war, as tensions persisted over the control of the Strait of Hormuz. Reports said that Irani deligation will be reaching Pakistani for a second round of talks. Early signs from the U.S. Futures Index suggest that Wall Street might open...

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.