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today's top stories

  • Does Inaudible Infrasound Create Ghostly Experiences? April 28, 2026 14:30 ET

    Researchers suggested in the Frontiers in Behavioral Neuroscience journal that infrasound, low-frequency sound waves below the range of human hearing, may help explain why certain places feel unusually eerie or unsettling. "Consider visiting a supposedly haunted building. Your mood shifts, you feel...

  • CDC Warns Of Rising Emergency Room Visits For Tick Bites Across US April 28, 2026 13:53 ET

    Data from the Centers for Disease Control and Prevention shows that emergency room visits for tick bites are higher than usual across much of the United States, prompting a warning from health officials as peak tick season begins. According to the CDC's Tick Bite Tracker, weekly ER visit rates for...

  • Did Amgen's Subsidiary Manipulate Data To Secure Tavneos Approval? April 28, 2026 11:19 ET

    It takes 10-15 years and billions of dollars for a pharma company to bring a drug to the market. Now imagine that after years of effort, time, and investment, a company is forced to pull the drug from the market because the data used to secure approval was manipulated. That is the situation unfolding with ChemoCentryx's Tavneos, which received FDA approval in October 2021.

  • U.S. Stocks Move Mostly Lower On Report OpenAI Missed Key Targets April 28, 2026 11:07 ET

    Following the lackluster performance seen in the previous session, stocks have moved mostly lower during trading on Tuesday. The tech-heavy Nasdaq has shown a notable move to the downside, pulling back off yesterday's record closing high.

  • U.S. Consumer Confidence Index Unexpectedly Inches Higher In April April 28, 2026 10:18 ET

    Despite spiking gasoline prices, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of April. The Conference Board said its consumer confidence index crept up to 92.8 in April from an upwardly revised 92.2 in March.

  • GM Q1 Results Down, Cuts FY26 Reported Earnings View, Lifts Adj. EPS Outlook April 28, 2026 09:34 ET

    Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.

  • Tech Stocks May Lead Early Slump On Wall Street April 28, 2026 08:57 ET

    After ending yesterday's choppy session narrowly mixed, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent. Technology stocks are likely to lead the way...

  • Futures Point To Broadly Lower Open For Wall Street April 28, 2026 08:09 ET

    Reports suggest that President Donald Trump might not be accepting the latest proposal from Iran to open the Strait of Hormuz. Energy supply continues to be in threat. Early trends from the U.S. Futures Index suggest that Wall Street might open mostly lower on Tuesday. In the Asian trading session,...

  • Oil Price Surge Drives Up Plastics Costs: UNCTAD April 28, 2026 08:01 ET

    Rising oil prices linked to the Middle East crisis are driving up the cost of plastics, with impacts spreading across global supply chains. According to UN trade and development body, UNCTAD, the price of key materials such as polyethylene has surged sharply in recent weeks, reflecting the steep rise in crude oil prices. When oil prices surge, the impact goes far beyond fuel. It runs through glo

  • Biotech Stocks Facing FDA Decision In May 2026 April 28, 2026 08:01 ET

    The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.

  • Number Of Nuclear Warheads On The Rise, UN Chief Warns April 28, 2026 07:58 ET

    With top diplomats gathered at UN Headquarters to review the 1970 Treaty on the Non-Proliferation of Nuclear Weapons, the UN Secretary-General warned that it must evolve to survive the age of AI and other new technologies. For the first time in decades, the number of nuclear warheads is on the rise. Nuclear testing is back on the table and global military spending jumped to $2.7 trillion in 2025.

  • WHO Reports Significant Drop In Hepatitis B Infections April 28, 2026 07:57 ET

    Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...

  • US Navy Commissions Submarine USS Idaho April 28, 2026 07:55 ET

    The U.S. Navy has commissioned the submarine USS Idaho, bringing cutting-edge war-fighting capability to the nation's undersea forces after a multiyear construction process. The 26th Virginia-class submarine and the eighth of the advanced Block IV configuration, Idaho was commissioned in a traditional...

  • Electric Air Taxis Kick Off Demo Flights For New York Airport Trips April 28, 2026 07:25 ET

    New York City has witnessed first-ever point-to-point electricvertical takeoff and landing (eVTOL) air taxi demonstration flights, which aims to connect heliports in Manhattan to JFK International Airport in less than 10 minutes. Once approved and fully become operational, it will save travelers significant amount of time, far less than the current one-to two-hour drive. Joby Aviation, Inc. (JO

  • UPS Q1 Results Down, Confirms FY26 View; Stock Drops April 28, 2026 07:00 ET

    Shares of United Parcel Service Inc. were losing around 3 percent in the pre-market activity on the NYSE after the firm on Tuesday reported lower profit in its first quarter as revenues were hurt by weak performance in U.S. Domestic Segment and Supply Chain Solutions. Further, the company reaffirmed fiscal 2026 guidance.

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.