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today's top stories

  • Honeywell Q1 Profit Down, Confirms FY26 View, To Sell WWS Business; Stock Drops April 23, 2026 06:31 ET

    Honeywell International Inc., while reporting weak profit but higher net sales for its first quarter, on Thursday reaffirmed its fiscal 2026 outlook amid the uncertainty stemming from the Middle East conflict. Further, the firm announced that it has agreed to sell its Warehouse and Workflow Solutions or WWS business in an all-cash transaction to American Industrial Partners.

  • Oil Crosses $100 Again As Iran Vows Not To Reopen Strait Of Hormuz April 23, 2026 06:27 ET

    With no progress in sight in easing tensions in the Middle East crisis, and the Strait of Hormuz continues to remain blocked, oil prices again crossed the $100 mark, rising for the fourth consecutive session. Brent crude is inching towards $104 per barrel on Thursday, increasing by 1.87 percent, while the US-traded WTI rose above $94. Even as President Donald Trump announced that he would extend

  • European Shares Mostly Lower Amid Earnings Deluge April 23, 2026 05:31 ET

    European stocks were broadly lower on Thursday as investors digested a slew of earnings and watched the latest developments in the Middle East war, with a senior Iranian parliament official saying that Tehran has deposited the first revenue from tolls on the strategic Strait of Hormuz into the Central...

  • Europe Car Sales Rebound In March April 23, 2026 04:05 ET

    Europe's new car registrations logged strong growth in March driven by the surge in demand for battery electric vehicles, the European Automobile Manufacturers' Association, or ACEA, said Thursday. Car sales increased 12.5 percent from a year ago to 1.158 million units in March, with electric and hybrid vehicles accounting for the majority of growth.

  • Ashwagandha And Menopause: A New Evidence For Women's Hormonal Health April 23, 2026 03:59 ET

    Menopause marks a significant biological transition in a woman's life, often accompanied by symptoms such as hot flashes, mood swings, sleep disturbances, and hormonal imbalance. While hormone replacement therapy (HRT) remains a standard treatment, growing interest in non-hormonal, plant-based interventions...

  • European Shares Poised To Open Lower As Investors Weigh Energy Risks April 23, 2026 01:40 ET

    European stocks are set for a lower opening on Thursday as inflation and growth concerns mount. Iran fired on three ships in the Strait of Hormuz and seized two of them for "maritime violations", escalating tensions in the region. The incident underscored the fragility of the ceasefire and pushed...

  • Nasdaq, S&P 500 Reach New Record Closing Highs As U.S.-Iran Ceasefire Extended April 22, 2026 16:12 ET

    Stocks showed a strong move to the upside during trading on Wednesday, more than offsetting the pullback seen over the two previous sessions. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs.

  • Existing Drugs Show Promise In Treating Fatty Liver Disease, Study Says April 22, 2026 15:18 ET

    A new study from the University of Barcelona suggests a promising way to treat fatty liver disease using medicines that already exist. Researchers found that two drugs, pemafibrate and telmisartan, can greatly reduce fat in the liver in animal studies. When used together, they not only improved liver...

  • When Is The Best Time Of The Day To Eat Fiber? April 22, 2026 14:17 ET

    A new study in the British Journal of Nutrition examined how fiber intake affects weight loss and the best time to consume it. Fiber is very important when trying to lose weight because it helps you feel full and may reduce how much you eat. It's a type of carbohydrate that the body doesn't fully...

  • U.S. Stocks Showing Strong Move Back To The Upside, Nasdaq Reaches New Record High April 22, 2026 11:01 ET

    Following the weakness seen over the two previous sessions, stocks have shown a strong move back to the upside during trading on Wednesday. The tech-heavy Nasdaq has led the way higher, more than offsetting the two-day pullback to reach a new record intraday high. Currently, the major averages are off their highs of the session but still firmly positive.

  • UNESCO Sites Remain Nature's Last Strongholds: Report April 22, 2026 08:59 ET

    In a world where concerns of environmental loss is growing louder, a new landmark report from UNESCO has revealed a rare glimmer of hope. While global wildlife has plummeted by a staggering 73 per cent since the 1970s, life within the UN science and culture agency's protected territories is holding its...

  • U.S. Stocks May Regain Ground As Trump Extends Ceasefire April 22, 2026 08:54 ET

    Stocks are likely to move to the upside in early trading on Wednesday, regaining ground following the pullback seen over the two previous sessions. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent. Early buying interest is...

  • Boeing Q1 Net Loss Narrows On Higher Deliveries April 22, 2026 08:51 ET

    Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.

  • US Defense Budget Proposes Massive $1.5 Tln Spending For FY27 April 22, 2026 08:20 ET

    The Department of War has released President Donald Trump's massive Defense Budget, which proposes to raise total defense-related spending to $1.5 trillion for Fiscal Year 2027. The largest request in the post-WWII era, the budget aims to strengthen U.S. military readiness against threats from Iran, China and Russia. The Defense Budget for FY27 marks a 42 percent increase over current funding l

  • US Sanctions Iranian Missile And Drone Procurement Networks April 22, 2026 08:13 ET

    The U.S. government has imposed sanctions on eight individuals and four entities that operate multiple procurement networks supporting Iran's UAV and ballistic missile programs. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is also targeting Mahan Air, which has previously...

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.