Honeywell International Inc., while reporting weak profit but higher net sales for its first quarter, on Thursday reaffirmed its fiscal 2026 outlook amid the uncertainty stemming from the Middle East conflict. Further, the firm announced that it has agreed to sell its Warehouse and Workflow Solutions or WWS business in an all-cash transaction to American Industrial Partners.
Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.
GE Aerospace (GE) reported Tuesday a strong first-quarter performance with orders growing 87 percent and revenue rising 29 percent supporting double-digit growth in earnings. The company said its young and diverse fleet coupled with a $170 billion commercial services backlog positions it well to navigate the current operating environment. The company also maintained its fiscal 2026 outlook.
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low. The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.
Russia's central bank reduced its benchmark rate for the eighth consecutive time to contain rising inflation. The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 14.50 percent. The bank said it will assess the need for further key rate cuts at its upcoming meetings depending on sustainability of inflation slowdown.
UK retail sales grew unexpectedly in March largely due to a rise in fuel sales as motorists stocked up on fuel amid the war in the Middle East, the Office for National Statistics reported Friday. Retail sales increased 0.7 percent on a monthly basis in March, reversing a 0.6 percent fall in February. The increase also exceeded economists' expectations of flat growth.
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
The U.S. Government has imposed sanctions on a Cambodian senator who controls scam compounds throughout the country, as well as 28 individuals and entities in his network, for defrauding Americans. The U.S. Department of the Treasury said Southeast Asian scam operators within this network have stolen...
The Justice Department has announced $300 million in funding to prevent and prosecute fraud and other crimes nationwide. The new Special Attorneys Program notice of funding opportunity will support state, local, Tribal, and territorial prosecuting agencies in designating qualified prosecutors to serve as Special Attorneys within the Department's National Fraud Enforcement Division or Criminal Di
After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.
European stocks moved mostly lower over the course of the trading session on Friday amid signs that the U.S. and Iran have made little progress toward de-escalating the Middle East conflict. The Strait of Hormuz remained effectively closed, keeping oil prices elevated and raising concerns that tensions...
Asian stocks turned in a mixed performance on Friday as U.S.-Iran tensions persisted over the control of the Strait of Hormuz. Brent crude prices remained elevated above $105 a barrel, fueling worries about inflation, interest rates and economic growth. Chipmaker Intel's strong earnings results...
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
After ending the previous session mostly lower, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. A spike by shares of Intel (INTC) may generate early buying interest,...
A study published recently in the Frontiers in Psychiatry journal by Kehuang Li et al linked the occurrence of dyslipidemia with early onset schizophrenia in children and adolescents. Early-onset schizophrenia (EOS) is a rare psychological disease that manifests before adulthood, or 18 years of age....
HCA Healthcare, Inc. (HCA) declined 7.95 percent to $436.37, down $37.67 on Friday, even as the company reported higher first-quarter earnings and revenue, suggesting investor concerns around outlook or margins.
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.
Cryptocurrencies are trading higher from the flatline even as the Middle East standoff impacted market sentiment across asset classes and regions.
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
President Donald Trump's promise to bring manufacturing back to the United States is delivering the largest re-shoring wave in American history as companies invest trillions to build and expand at home, the White House says. In a press release published on Wednesday, it said after years of career politicians selling out American workers for cheap foreign labor, the American manufacturing comeback
President Donald Trump has said the ceasefire with Iran will be extended until bi-lateral talks to end the Middle East war have progressed. In a social media post on Tuesday, Trump said the goodwill gesture is made at the request of Pakistan, that is mediated the first round of talks in its capital. At the same time, Trump said the blockade of Iranian ports will also continue until Tehran presen
President Donald Trump has signed an Executive Order that will accelerate access to treatments for patients with serious mental illness, reaffirming his commitment to advancing solutions that provide hope to Americans with devastating, complex, and treatment-resistant conditions. The Order directs the Food and Drug Administration Commissioner to provide Commissioner's National Priority Vouchers t
While the geopolitical environment has become markedly more complex, especially with sustained U.S. and Israeli strikes and Iranian counterattacks through March, the regulatory landscape is also evolving, with several notable developments and a couple of first-of-their-kind measures emerging. Now let's take a look at the biotech stocks facing FDA decisions in April 2026.
German business confidence declined to its lowest level in nearly six years in April, driven by the supply chain disruptions and energy shocks caused by the war in the Middle East, survey data from the ifo Institute revealed Friday. The business climate index dropped to 84.4 in April from 86.3 in March. The reading hit the lowest since May 2020 but remained above economists' forecast of 85.7.
First-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended April 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 214,000, an increase of 6,000 from the previous week's revised level of 208,000.
The UK private sector economy gained momentum in April after posting the weakest growth in six months in March, supported by moderate upturns in both manufacturing production and service sector output, survey data from S&P Global showed Thursday. The composite output index posted 52.0 in April, up from 50.3 in March. A score above 50.0 indicates expansion.
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...
A 2023 review explored whether the length of time poop stays in the body before being passed affects the gut bacteria. They looked at earlier studies involving thousands of people, including both healthy individuals and those with conditions like irritable bowel syndrome, constipation, and liver disease....
The White House Office of Science and Technology Policy is sounding the alarm about foreign entities, mainly from China, carrying out large-scale operations aimed at stealing capabilities from advanced American AI systems.
The European Union is ramping up its scrutiny of Google, which is part of Alphabet, by urging the tech giant to let competing AI assistants have more access to its Android operating system.
Microsoft is rolling out voluntary buyouts for some of its U.S. employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence.
Canadian stocks changed a little on Friday as investors the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the index. However, supply disruption concerns due to the closure of Hormuz strait restricted the gains.