European shares were sharply lower on Friday, with inflation concerns and disappointment over U.S.-China trade talks keeping investors on edge. After wrapping up his three-day visit to China, U.S. President Donald Trump said he will not be much more patient with Tehran. Hormuz concerns persist...
European stocks are seen opening lower on Friday as investors fret about rising inflation and the outlook for interest rates. ECB Governing Council member Martins Kazaks said in an interview with broadcaster LTV on Thursday that the central bank will be forced to raise interest rates if rising oil...
World Bright International Limited is recalling around 18,500 Agio Menlo Woven Patio Swings after receiving reports that the seat can come loose from the frame while in use, posing a risk of serious injury or even death.
ZWILLING J.A. Henckels is recalling approximately 113,440 ENFINIGY electric kettles in the U.S. because the handles can loosen and detach, which could lead to hot water spilling and serious burns.
Instagram run by Meta Platforms Inc. (META) has introduced a new feature called Instants, which lets you share photos that disappear after being sent to selected contacts right after you take them.
After ending the previous session modestly lower, the Dow showed a strong move back to the upside during trading on Thursday, closing above 50,000 for the first time in three months. The Nasdaq and the S&P 500 also moved higher, adding to Wednesday's gains and once again reaching new record closing highs.
Oklahoma is set to require manufacturers and distributors of medical cannabis to get registered with the U.S. Drug Enforcement Administration if they want to keep their state permits, starting in 2027.
A new study published in Nature Mental Health found that people who use both cannabis and tobacco may face a higher risk of developing serious mental health conditions such as schizophrenia, especially if they are already considered at risk for psychosis. Researchers from Vanderbilt Health studied...
A new review published in The Lancet found that thousands of references used in biomedical research papers may be fake. "When those fake references are making it into the literature, they will end up in those guidelines, and that's how doctors decide how to provide care for you," lead author Maxim...
Stocks have moved mostly higher over the course of the trading day on Thursday, with the Nasdaq and S&P 500 reaching new record intraday highs. The Dow has also moved to the upside after yesterday's dip, climbing back above 50,000. Currently, the major averages are just off their highs of the session.
Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March. The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by 0.8 percent.
The Labor Department released a report on Thursday showing a substantial increase in import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to jump by 1.0 percent.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March.
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists had expected jobless claims to rise to 205,000.
The European Commission has proposed new rules to make seamless travel across Europe a reality. The three proposals adopted Wednesday simplify planning and booking for regional, long-distance and cross-border travel, particularly for rail journeys involving multiple operators, and ensure better protection...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.