German consumer sentiment is set to improve in June driven by rising income expectations and willingness to buy but the war in the Middle East continues to cloud the outlook, latest results of the NIM Consumer Climate powered by GfK showed Friday. The consumer confidence index rose unexpectedly to -29.8 points in June from -33.1 points in May. The score was expected to fall to -33.7.
Quarterly national accounts, business and consumer sentiment survey results from Germany and retail sales and public finance from the UK are the top economic news due on Friday. At 2.00 am ET, Destatis releases Germany's GDP data for the first quarter. The preliminary estimate showed that the largest euro area economy expanded 0.3 percent after rising 0.2 percent in the fourth quarter.
European stocks are seen opening higher on Friday amid renewed optimism about U.S.-Iran talks. As peace talks continue with Pakistan's mediation, both sides are still at odds over Tehran's uranium stockpile and future control of the Strait of Hormuz. As Iranian officials review Washinton's latest...
Women's nutritional needs shift across life stages, including adolescence, the reproductive years, pregnancy, and menopause, each of which places different demands on the body. Despite this variation, research consistently shows that a balanced, nutrient-dense dietary pattern rather than reliance on...
Today's gainers include CODX, which rallied for the third straight day; Akari, on breakthrough clinical data in pancreatic cancer; Sunshine, following regulatory approval for its generic Amoxicillin; GOVX, amid Ebola concerns; and RGNX, on upcoming clinical trial milestones, among others.
Google Gemini under Alphabet Inc. (GOOG) is joining forces with CapCut to incorporate video and image editing features right into Google's AI assistant platform, further enhancing Gemini's suite of creative AI tools.
ABC Trading Inc. is pulling back around 84,700 kids' toys because of a danger related to button batteries, as stated in a notice from the U.S. Consumer Product Safety Commission.
The Orb Factory has pulled around 121,340 Orb Funkee squeeze toys from the U.S. market because they may contain asbestos in the sand filling, according to a notice from the U.S. Consumer Product Safety Commission.
Spotify has teamed up with Universal Music Group to let users make AI-generated covers and remixes from songs by artists involved in the program.
Following the rally seen in the previous session, stocks moved back to the downside in early trading on Thursday before regaining ground over the course of the day. The major averages saw considerable volatility in the latter part of the session but finished in positive territory, with the Dow reaching a new record closing high.
A new study published in the European Heart Journal suggests that eating foods containing common preservatives may raise the risk of high blood pressure and heart disease. The study, led by researchers from INSERM (the French National Institute for Health and Medical Research) and universities in...
Cases of bacterial sexually transmitted infections (STIs) have increased sharply across Europe, according to the European Centre for Disease Prevention and Control (ECDC). The EU health agency, based in Solna, said reported cases of gonorrhoea and syphilis reached their highest levels in more than...
Stocks have moved mostly lower during trading on Thursday, giving back ground following the rally seen in the previous session. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are off their lows of the session but still in the red.
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction.
New residential construction in the U.S. pulled back sharply in April but still came in well above economist estimates, according to a report released by the Commerce Department on Thursday. The Commerce Department said housing starts slumped by 2.8 percent to an annual rate of 1.465 million in April after soaring by 12 percent to an upwardly revised rate of 1.507 million in March.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.