LOGO
LOGO

today's top stories

  • Wall Street Aims To Open Positive April 17, 2026 08:17 ET

    President Donald Trump expressed optimism about a permanent truce, the Wall Street is moving to a positive zone on Friday. Early trends from the U.S. Futures Index suggest that Wall Street might open higher. As of 7.55 am ET, the Dow futures were gaining 246.00 points, the S&P 500 futures were adding...

  • UN Rights Experts Demand Probe Into Epstein Files Allegations April 17, 2026 08:02 ET

    UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg

  • FAA To Cut Schedules To Prevent Delays, Cancellations At Chicago O'Hare Airport April 17, 2026 07:54 ET

    U.S. Transportation Secretary Sean P. Duffy and the Federal Aviation Administration have announced a new action to prevent widespread flight delays this summer at Chicago O'Hare International Airport, or ORD. The FAA's action - known as a scheduling reduction - limits daily operations to 2,708 flights...

  • US, Philippines To Set Up Joint Economic Security Zone To Strengthen Supply Chains April 17, 2026 06:59 ET

    The United States and the Philippines have announced plans to establish a 4,000-acre industrial hub to secure inputs vital to American and global supply chains. The site is located in the Luzon Economic Corridor of the Philippines. The site — the first of its kind — is being designated by the Philippines...

  • Oil Falls Further Over Hopes Of Ease In Middle East Tensions April 17, 2026 06:26 ET

    A pause in fighting between Israel and Iran-backed Hezbollah in Lebanon, and President Donald Trump's statement that the US and Iran are "very close" to making a deal to end the weeks-old Middle East war has sent oil prices down on Friday. Brent crude oil price decreased by more than 3 percent to $96.33 a barrel, while the US-traded WTI fell by nearly 4 percent to $91.10. Oil has been trading b

  • US-Iran Deal 'very Close': Trump April 17, 2026 06:06 ET

    President Donald Trump has expressed confidence that a deal with Iran is on the cards, and a second round of negotiations to end the Middle East war could resume next weekend. Speaking at a campaign event in Las Vegas Thursday to promote his administration's economic policies and tax cuts, Trump said, "The war in Iran is going along swimmingly. It should be ending pretty soon." Earlier, Trump to

  • Israel-Lebanon 10-day Ceasefire Takes Effect April 17, 2026 05:33 ET

    A 10-day ceasefire between Israel and Lebanon came into effect at midnight in Beirut, offering a pause in Middle East war after weeks of fighting. The ceasefire is set to last for 10 days initially, that could be extended, according to Washington. Israeli Prime Minister Benjamin Netanyahu said it will pave the way for a "historic peace agreement" with Lebanon. He said Israeli Defense Forces wil

  • European Shares Mixed In Cautious Trade April 17, 2026 05:07 ET

    European stocks were mixed on Friday ahead of potential weekend negotiations between the United States and Iran. U.S. President Donald Trump has indicated that a second round of talks could take place this weekend, warning that fighting may resume if no deal is finalized. The pan-European STOXX...

  • European Shares Seen Broadly Lower As Netflix Q2 Outlook Misses Views April 17, 2026 01:31 ET

    European stocks are seen opening broadly lower on Friday as investors react to mixed results from Netflix and await clarity on U.S.-Iran peace talks. Netflix shares fell sharply after the U.S. closing bell as the streaming giant beat profit estimates for the first quarter but missed with its outlook...

  • Microsoft Halts Carbon Removal Purchases, Hitting Emerging Industry Hard April 16, 2026 18:09 ET

    Microsoft is pulling back from the carbon removal market that it helped establish, putting a hold on new purchases of carbon removal credits, as sources close to the situation have indicated.

  • Netgear To Get FCC Exemption From U.S. Ban April 16, 2026 18:09 ET

    Netgear has made a significant move by becoming the first major consumer router maker to get an exemption from the U.S. government's new rules on foreign-made networking devices.

  • Painted Tree Boutiques Closes All Locations After Just Two Years April 16, 2026 17:00 ET

    Painted Tree Boutiques has shut down all its store locations, including the one at Jefferson Pointe, just two years after they first opened.

  • U.S. Stocks Finish Lackluster Session Moderately Higher April 16, 2026 16:12 ET

    Stocks fluctuated over the course of the trading session on Thursday but largely maintained a positive bias before ending the day moderately higher. The Nasdaq and the S&P 500 added to the strong gains posted over the few days, reaching new record closing highs. The major averages all finished the day in positive territory.

  • Nasdaq, S&P 500 Rise To New Record Intraday Highs April 16, 2026 11:51 ET

    After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Thursday. The major averages have all moved to the upside, with the Nasdaq and the S&P 500 reaching new record intraday highs. Currently, the major averages are posting modest gains.

  • U.S. Industrial Production Unexpectedly Falls 0.5% In March April 16, 2026 10:53 ET

    Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.

Global Economics Weekly Update -April 05 – April 10, 2026

April 10, 2026 16:21 ET
Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.