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.
Japan will on Friday release March figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. In February, overall inflation was down 0.2 percent on month and up 1.3 percent on year, while core CPI rose an annual 1.6 percent. Producer prices are expected...
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 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
The Department of War has released President Donald Trump's massive Defense Budget, which proposes to raise total defense-related spending to $1.5 trillion for Fiscal Year 2027. The largest request in the post-WWII era, the budget aims to strengthen U.S. military readiness against threats from Iran, China and Russia. The Defense Budget for FY27 marks a 42 percent increase over current funding l
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
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...
European shares are seen opening lower on Friday as investors fret about rising inflationary pressures and the outlook for growth. Oil prices continued to surge as the Strait of Hormuz remained effectively closed and peace negotiations dragged on. U.S. President Donald Trump said the United States...
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as hopes for a speedy resolution to the Middle East war faded after Tehran vowed to keep the Strait of Hormuz closed until the port blockades by the US remain, raising concerns of surging crude oil prices and long-term inflation. Asian markets ended mostly lower on Thursday.
Anxiety around the Strait of Hormuz eclipsed the euphoria surrounding the announcement of an extended ceasefire, dampening market sentiment and dragging down stock prices. However, resilient corporate earnings despite war-led headwinds limited losses.
In a significant leap forward for American battlefield technology, U.S. Army infantry drone operators have successfully tested a drone-mounted new warhead with bunker-busting capacity. The live-fire demonstration of the bunker rupture and kinetic explosive round, which took place at Redstone Arsenal,...
Oklo Inc. (OKLO) rose 9.12 percent to $79.01, gaining $6.60 on Thursday, after announcing a strategic collaboration with NVIDIA and Los Alamos National Laboratory to advance nuclear energy and AI-driven research.
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.
Cryptocurrencies declined close to 2 percent in the past 24 hours as geopolitical tensions in the Middle East as well as disruptions in the Strait of Hormuz weighed on overall market sentiment.
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.
The euro area private sector contracted in April as geopolitical tensions in the Middle East deepened the economic woes, flash survey results from S&P Global revealed Thursday. The composite output index fell to a 17-month low of 48.6 in April from 50.7 in March. The index fell below the 50.0 no change mark for the first time in 16 months in April.
Europe's new car registrations logged strong growth in March driven by the surge in demand for battery electric vehicles, the European Automobile Manufacturers' Association, or ACEA, said Thursday. Car sales increased 12.5 percent from a year ago to 1.158 million units in March, with electric and hybrid vehicles accounting for the majority of growth.
A report released by the Commerce Department on Tuesday showed business inventories in the U.S. increased by more than expected in the month of February. The Commerce Department said business inventories climbed by 0.4 percent in February following a revised unchanged reading in January.
Pending home sales in the U.S. increased by much more than expected in the month of March, according to a report released by the National Association of Realtors on Tuesday. NAR said its pending home sales index jumped by 1.5 percent to 73.7 in March after surging by 2.5 percent to an upwardly revised 72.6 in February.
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 large study looked at ancient DNA from about 16,000 people who lived over the past 10,000 years in West Eurasia, and found that natural selection has influenced human genes much more than scientists once believed. By comparing DNA from ancient remains and over 6,000 people today, researchers found...
Health officials in San Francisco have confirmed the city's first case of a type of mpox called clade I, which is predicted to cause more serious illness than the type seen in the 2022 outbreak. The infected person is an unvaccinated adult who was hospitalized but is now getting better. Officials...
Exercising at a time that matches your body clock may help lower the risk of heart disease, especially in people who are already at risk, according to a recent study published in the open-access journal Open Heart. Researchers studied 150 people aged 40 to 60. They identified whether each person was...
Amazon is stepping up its game in the booming weight-loss market by rolling out a new GLP-1 management program through Amazon One Medical. With the goal to make it easier for people to access obesity treatments and weave them into regular healthcare routines.
The UK government is planning to enforce a new legal rule that limits smartphone use in schools throughout England. This move aims to strengthen classroom discipline policies significantly.
Indian shares opened lower on Friday, extending losses for a third straight session as oil prices extended their surge on rising U.S.-Iran tensions and Infosys issued a weak revenue forecast. Brent crude prices climbed toward $106 barrel, extending gains for a fifth consecutive session amid signs...