Health insurer Humana, Inc., while reporting weak first-quarter profit despite revenue growth, on Wednesday trimmed fiscal 2026 reported earnings view, but maintained adjusted earnings and revenue forecast. In pre-market activity, the shares were losing around 4.5 percent.
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.
Shares of bp plc were gaining more than 3 percent in the pre-market activity on the NYSE, as well as in London after the British Oil and gas major reported Tuesday higher replacement cost or RC profit in its first quarter. Sales were higher with increased upstream production. Meanwhile, the firm warned on sequentially lower production in second quarter, and weak upstream production in fiscal 2026.
A report released by the Commerce Department on Thursday showed U.S. economic growth reaccelerated in the first quarter of 2026 but came in slightly below economist estimates. The Commerce Department said gross domestic product shot up by 2.0 percent in the first quarter after climbing by 0.5 percent in the fourth quarter of 2025. Economists had expected GDP to jump by 2.1 percent.
The European Central Bank left its interest rates unchanged on Thursday, as expected, even as policymakers expressed increasing concern over the impact of the surging energy prices and the intensifying war in the Middle East.
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended April 25th. The report said initial jobless claims slid to 189,000, a decrease of 26,000 from the previous week's revised level of 215,000.
The Department of State has announced it will provide up to $100 million in foreign assistance funding toward coordinated G7 efforts to ensure the continued containment of fissile nuclear material at the Chernobyl nuclear power plant in Ukraine. For three decades, the United States and G7 partners have led efforts to secure nuclear material at the Chernobyl plant, with the United States providi
The U.S. government has imposed sanctions on 35 entities and individuals that oversee Iran's shadow banking architecture, facilitating the movement of the equivalent of tens of billions of dollars tied to sanctions evasion and Iran's sponsorship of terrorism. These networks allow Iran's armed forces—including the Islamic Revolutionary Guard Corps (IRGC)—to access the international financial syst
European Institutions have agreed on a Roadmap to achieve "One Europe, one Market" by the end of 2027. Cyprus President Nikos Christodoulides, as the rotating Presidency of the Council of the European Union, European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen signed the "One Europe, One Market Roadmap On the sidelines of the Informal meeting of Hea
After seeing considerable volatility early in the session, stocks moved sharply higher over the course of the trading day on Thursday. The major averages all showed strong moves to the upside, with the Nasdaq and the S&P 500 reaching new record closing highs.
European stocks closed higher on Thursday with investors reacting to a slew of earnings announcements and economic data from the region and digested the monetary policy decisions of the European Central Bank and the Bank of England. Concerns about U.S.-Iran tensions continued to weigh, limiting markets' upside.
Asian stocks ended mostly lower on Thursday as a sharp rise in oil prices on fears of a prolonged conflict in the Middle East overshadowed stronger-than-expected earnings from U.S. tech giants. Sentiment was also shaped by the U.S. Federal Reserve's hawkish hold, as was widely expected, in the most...
Households across the UK are embracing solar power as the government accelerates its clean power mission to reduce the country's exposure to volatile fossil fuel markets following the outbreak of the Middle East war. New government data published Thursday shows that more than 27,000 solar installations...
A joint report by the UN World Meteorological Organization and Copernicus Climate Change Service spotlights key changes across Europe, which is the world's fastest warming continent with temperatures increasing twice as fast as the global average. Key results from the study show that at least 95 per cent of Europe experienced above-average annual temperatures in 2025. There was also a record th
Option Care Health, Inc. (OPCH) shares fell 29.56 percent to $18.93, dropping $7.94 on Thursday, even as the company reported relatively stable first-quarter results.
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.
Global market sentiment rebounded after swaying sharply in response to the hawkish tilt in the Fed's decision to hold rates steady.
A federal grand jury in the Eastern District of North Carolina has returned an indictment charging former FBI director James Comey with making threats to the life of President Donald Trump. The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial. The Indictment includes two counts. According to the Department of Justice, the fi
Cole Tomas Allen of Torrance, California, has been charged with attempting to assassinate President Donald Trump at the White House Correspondents' Association Dinner at the weekend. The Department of Justice announced that 31-year-old Allen was charged with one count of attempt to assassinate the President, transportation of a firearm and ammunition in interstate commerce with intent to commit a
President Donald Trump has announced an MFN pricing deal with Regeneron to lower prescription drug prices that Americans pay for some of the world's most innovative drugs, in line with the lowest prices paid by other developed nations, known as the most-favored-nation, or MFN, price. The agreement will provide every State Medicaid program in the country access to MFN drug prices on new Regeneron
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.
The Bank of England left its key interest rate unchanged on Thursday but cautioned that there is a risk of material second-round effects from the energy price shock, caused by the war in the Middle East, which could lead to future rate hikes. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 8-1 to hold the bank rate at 3.75 percent.
The German economy logged an unexpected faster growth in the first quarter, despite challenges posed by the war in the Middle East. Gross domestic product grew 0.3 percent sequentially in the first quarter, slightly faster than the revised 0.2 percent expansion seen in the fourth quarter of 2025, preliminary estimate from Destatis revealed Thursday.
France's economy remained flat in the first quarter due to sluggish domestic demand and weaker exports and consumer price inflation hit the highest since mid-2024, driven by surging energy prices, official data showed Thursday. Gross domestic product stalled in the first quarter after expanding 0.2 percent in the fourth quarter, according to the first estimate from the statistical office INSEE.
For the third consecutive meeting, the Federal Reserve on Wednesday announced its widely expected decision to leave rates unchanged, although the vote was unusually divided. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
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...
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...
A new study shows that as more people use electric bikes and scooters, serious head and spine injuries are increasing among both riders and pedestrians in cities. The lead researcher, Hannah Weiss, a neurosurgery doctor in training, said she was shocked by how many patients were coming in with these...
Families of the victims from a tragic school shooting in Tumbler Ridge have taken legal action against OpenAI, claiming negligence and asserting that its chatbot technology played a role in the incident.
International Business Machines Corp. (IBM) has just announced that it is planning to expand its quantum and microelectronics campus in Chicago, Illinois, with a fresh investment that's set to create 750 jobs over the coming five years.
The United Arab Emirates has decided to exit OPEC and the larger OPEC+ group next month, marking the end of a nearly sixty-year membership and signaling a significant change in the global energy landscape.
After trending lower over the past few sessions, Canadian stocks showed a strong move back to the upside during trading on Thursday. The benchmark S&P/TSX Composite Index moved higher early in the session and climbed more firmly into positive territory as the day progressed. The index shot up 645.94...