AI safety and research company Anthropic has recently launched Claude Fable 5 for public use and Claude Mythos 5 for a limited group of cybersecurity experts and infrastructure providers. According to Anthropic, Fable 5 is the most powerful AI model it has released to the public so far. It delivers...
After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Wednesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the previous session. Currently, the major averages are off their worst levels of the day but still firmly negative.
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May. The Labor Department said its consumer price index rose by 0.5 percent in May after climbing by 0.6 percent in April. The price growth matched expectations.
After ending yesterday's volatile session mostly lower, stocks may see further downside in early trading on Wednesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent. Concerns about a re-escalation of the conflict in the...
The U.S. Futures is trending lower on Wednesday after Iran launched retaliatory strikes on the U.S. bases in Kuwait, Behran and Jordan. This is in response to the US claim that it had carried out a series of strikes on Tehran's military sites for downing a helicopter. Asian shares finished mostly...
The European Commission has added Air Express Algeria to its EU Air Safety List, and banned the airliner from operating in the European Union skies. The European Commission said this decision is based on serious safety concerns identified during assessments conducted by EU aviation safety experts,...
The U.S. Food and Drug Administration has added bemotrizinol to the list of permitted sunscreen active ingredients, marking a significant milestone in the agency's efforts to advance sunscreen innovation. Bemotrizinol is the first new active ingredient added to the over-the-counter sunscreen monograph...
The U.S. House of Representatives has passed by a narrow majority the Secure America Act, locking in a roughly $70 billion package to fund Immigration and Customs Enforcement and Customs and Border Patrol for the full remainder of the Trump administration's term. Every Democrat in the House and Rep. Kevin Kiley, an independent who caucuses with the Republicans, voted against the bill, but it pas
The U.S. Central Command has carried out a series of attacks on Iranian military and surveillance targets in retaliation to the downing of its Army helicopter in the Gulf of Oman. Iran's Islamic Revolutionary Guard Corps said it hit back with strikes on 21 targets at U.S. military bases in the Middle East, including in Bahrain, Kuwait and Jordan, in the early hours of Wednesday. The U.S. allies
Taking another step toward one of the most complex human spaceflight missions in recent history, NASA has announced the four prime crew members and a backup for the upcoming Artemis III test flight to prepare for its next major Moon mission next year. The four-member crew consists of three American astronauts and a European astronaut. NASA's Randy Bresnik will be the mission commander. European
European stocks were subdued on Wednesday as tensions between Washington and Tehran escalated and investor attention shifted to upcoming U.S. inflation data. Iran launched attacks on U.S. bases in Jordan and Bahrain after the United States carried out its own attacks on the Islamic Republic in response...
European stocks are seen opening on a tepid note Wednesday as investors weigh U.S.-Iran tensions and await key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. Analysts estimate that the U.S. inflation...
Tuesday's top biotech gainers include Regentis, which provided an update on its single-step knee repair implant; Eloxx, after getting uplisted to the Nasdaq; Alignment Healthcare, following recent corporate disclosures, including restricted stock unit (RSU) grants to executives; and Cartesian, which inked a strategic licensing deal with WestGene, among others.
Following the sell-off seen last Friday and the subsequent rebound on Monday, stocks went on another roller coaster ride over the course of the trading session on Tuesday. The major averages moved to the upside early in the session before pulling sharply only to regain ground in afternoon trading.
Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.