Euro area inflation accelerated to the highest since 2023 in May as the Middle East conflict continue to push energy prices higher and the rising price pressures strengthened the chances of an interest rate hike from the European Central Bank next week. Inflation rose to 3.2 percent in May from 3.0 percent in April, flash data from Eurostat showed Tuesday.
President Donald Trump has signed a Proclamation reducing import duty to 10% on steel, aluminum, and copper for foreign companies that heavily utilize American metals. Under the new U.S. trade policy, foreign products qualify for this reduced, preferential tariff rate if they contain at least 85 percent U.S.-melted/poured steel or smelted/cast aluminum and copper by weight. This preferential 10
After weeks of intense negotiations, Denmark's acting prime minister Mette Frederiksen has announced that her Social Democratic Party has reached a consensus on forming a center-left coalition government. Frederiksen told reporters after meeting King Frederik X that she would present the new cabinet on Wednesday under her third term as prime minister. Frederiksen had resigned after the ruling So
European stocks traded higher on Tuesday and oil prices fell more than 1 percent as U.S. President Donald Trump confirmed ongoing U.S.-Iran talks and said he had persuaded Israel and Hezbollah to dial back fighting. Meanwhile, a European Parliament committee has approved removing most EU duties on...
Fueled by unusually warm ocean waters in the tropical Pacific, El Niño conditions are developing and are set to influence global temperature and rainfall patterns, increasing the risk of extreme weather over the coming months, according to the World Meteorological Organization. A new El Niño/La Niña Update by WMO indicates an 80 percent likelihood of a new phase of the natural El Niño weather pat
The U.S. Food and Drug Administration (FDA) has issued a warning to consumers about over-the-counter skin lightening products found to contain mercury and hydroquinone substances linked to serious health risks when absorbed through repeated use.
Amazon's Prime Day Event, its major deal event, is returning kicking off summer, with millions of exclusive and early deals for Prime Members from June 23 to 26. The offers include Amazon's best deals, from the season's biggest fashion trends and K-beauty favorites to summer of soccer essentials, patio furniture, and outdoor entertaining many at 50 percent off or more.
European stocks look set to open a tad higher on Tuesday despite renewed uncertainty over U.S.-Iran peace negotiations. After Iran suspended indirect negotiations with the United States and insisted there can be no peace that doesn't include Lebanon, the Lebanese government announced that a limited...
Flash inflation from the euro area and mortgage approvals from the UK are the top economic news due on Tuesday. At 3.00 am ET, Spain's labor agency is scheduled to publish unemployment data for May. Unemployment is forecast to decline 56,800 compared to a drop of 62,700 in April.
Monday's top gainers include Turn Therapeutics following its interim analysis findings from an atopic dermatitis study; Conexeu Science on progress in its B.R.E.A.S.T. bioprinting program; LIXTE Biotechnology and its strategic transformation; and Quanterix amid insider transactions, among others.
A United Airlines Holdings, Inc (UAL) flight headed for Palma de Mallorca had to turn back to Newark Liberty International Airport on Saturday evening after a passenger allegedly renamed a Bluetooth device, making it sound like there was a bomb threat, which led to a security response.
Florida is suing OpenAI and its CEO, Sam Altman, claiming they knowingly released an unsafe AI product and didn't do enough to protect users, especially kids.
Anthropic has quietly submitted a registration statement to the U.S. Securities and Exchange Commission for a potential initial public offering, gearing up for what could be one of the most anticipated market entries in a while.
Following the relatively lackluster performance seen during last Friday's sessions, stocks continued to show a lack of conviction during trading on Monday but once again managed to end the day mostly higher. The major averages ended the day off their best levels but still at new record closing highs.
Health officials in Brazil are closely monitoring two people for possible Ebola infection in the country's largest cities, São Paulo and Rio de Janeiro. In São Paulo, a 37-year-old man from the Democratic Republic of the Congo (DR Congo), where the current Ebola outbreak is centered, developed symptoms...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.