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today's top stories

  • US, India Sign Critical Minerals Framework May 26, 2026 09:12 ET

    The United States and India have signed a bilateral framework on securing the supply, mining and processing of critical minerals and rare-earths. The concerned documents were signed by visiting Secretary of State Marco Rubio and Indian External Affairs Minister Subrahmanyam Jaishankar at the Hyderabad...

  • Heavy Rain, Thunderstorms To Continue Across Southern US May 26, 2026 08:25 ET

    National Weather Service has predicted that heavy rain and thunderstorms will continue across much of the Southern U.S. through midweek, raising flash flooding and severe weather concerns. Showers and thunderstorms are expected from Texas to the Northeast through Tuesday. Heavy rain will create mainly...

  • Wall Street Targets To Open Higher May 26, 2026 08:17 ET

    Iran has threatened to retaliate after U.S. forces targeted Iranian missile sites in the country's southern region and boats trying to place mines. The U.S. has described the strikes as a matter of self-defense. Oil prices rose sharply on Tuesday. Gold prices fell toward $4,500 an ounce. Spot gold...

  • Russia Warns Foreigners, Diplomats To Leave Kyiv As It Prepares For New Attacks May 26, 2026 08:05 ET

    Russia has warned foreign nationals and diplomats to leave Kyiv "as soon as possible" ahead of an imminent attack on the Ukrainian capital. In a statement issued on Tuesday, Russia's foreign ministry said the new round of "systematic strikes" will target "decision-making centres and command posts", alongside drone manufacturing facilities in the city. Kyiv residents have been warned against stay

  • US Attacks Iran Missile Launch Sites And Boats May 26, 2026 07:13 ET

    The U.S. forces have launched fresh attacks targeting Iranian missile sites in southern Iran and boats suspected of preparing to lay mines in the Strait of Hormuz. The U.S. Central Command described the latest round of strikes as defensive actions. "US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces," Centcom spokesperson Ca

  • European Shares Decline On Rate Hike Worries May 26, 2026 05:09 ET

    European stocks were subdued on Tuesday as new U.S. military action against Iranian targets clouded the outlook for an imminent peace deal. The European Central Bank should raise interest rates in June even if there's a quick resolution to the Middle East conflict, ECB Executive Board member Isabel...

  • Top Biotech Gainers: AKTX Rallies; GOVX Up On Ebola Concerns; SLGL Awaits Catalysts; CMMB On Watch May 26, 2026 03:50 ET

    Biotech stocks witnessed strong momentum on Friday, with Akari Therapeutics leading the pack, driven by encouraging preclinical pancreatic cancer data for AKTX-101. MetaVia, GeoVax, Polyrizon, and Sol-Gel were also some of the companies that captured Wall Street's attention on Friday.

  • European Shares Seen Opening Mixed In Cautious Trade May 26, 2026 01:38 ET

    European shares are seen opening mixed on Tuesday as negotiations to end the war in Iran continue, with Qatar acting as the most immediate mediator. Talks are going on and it's a lot of talking back and forth going on about specific language in the initial document, U.S. Secretary of State Marco...

  • Ebola Fears Push US To Tighten Entry Rules For Green Cardholders From DRC, Uganda And South Sudan May 25, 2026 16:04 ET

    The United States has temporarily stopped green-card holders from entering the country if they have traveled to the Democratic Republic of the Congo, Uganda or South Sudan in the past 21 days. The order was issued on Friday as part of efforts to stop Ebola from spreading into the US. Earlier travel...

  • Bangladesh Measles Outbreak Turns Deadly As More Than 500 Children Die May 25, 2026 14:04 ET

    A major measles outbreak in Bangladesh has killed more than 500 children, making it the country's deadliest outbreak in decades. According to the health department, 13 children died in the last 24 hours alone, taking the total death toll to 512 since March 15. Since the outbreak began in mid-March,...

  • European Shares Rally On US-Iran Deal Hopes; Banks Lead Gains May 25, 2026 05:03 ET

    European stocks surged to hit multi-week highs on Monday amid continued optimism around the trajectory of talks to end the Iran war. Oil prices fell nearly 6 percent, helping ease inflationary concerns after reports emerged that the U.S. is close to reaching a deal with Iran that would end the three-month-old...

  • European Shares Set For Strong Start Amid Iran Deal Optimism May 25, 2026 01:40 ET

    European stocks are seen opening sharply higher on Monday as expectations rise that the U.S. and Iran are closing in on a deal to end the three-month-old war. That said, trading volumes are likely to remain thin due to a holiday in the United States for Memorial Day. Media reports suggest that the...

  • Activision Blizzard Shareholders Reach Settlement Over Microsoft Deal May 22, 2026 18:03 ET

    Activision Blizzard shareholders have secured a $250 million settlement tied to claims that Microsoft and some former Activision executives shortchanged investors during Microsoft's 2023 acquisition of the video game publisher.

  • Shein To Acquire Everlane, Major Shift For Sustainable Fashion Industry May 22, 2026 17:40 ET

    Shein, the chinese ultra-fast fashion giant, has struck a deal to take a majority stake in Everlane, which is quite a change for a brand known for its commitment to ethical production and "radical transparency."

  • TSA Says Medical Cannabis Air Travel Policy Remains Unchanged Despite Confusion May 22, 2026 17:36 ET

    The Transportation Security Administration of the United States of America wants to make it clear that its rules about bringing medical cannabis on flights haven't changed, despite some recent reports suggesting otherwise.

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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