Intel Corp. (INTC) saw a big jump in its shares on Thursday after President Donald Trump announced that the semiconductor giant had struck a deal with Apple Inc. (AAPL) to design and produce chips right here in the U.S.
California stands to gain a significant increase in tax revenue from the recent SpaceX initial public offering, along with the upcoming public listings of AI companies OpenAI and Anthropic.
A new study, published in JAMA Network Open, suggests that women who are actively taking combined contraceptive pills may be more likely to experience binge eating. The study, led by researchers from Michigan State University, followed 422 women in the United States and Canada over 49 days across...
People who live in the same home share many of the same bacteria in their mouths and guts, according to a new study published in Cell Press Blue. "Who we decide to share our homes with can have a huge influence on our microbiomes, which has potential consequences for our health," commented first author...
FirstGroup plc (FGP.L) said on Thursday it has launched a new £100 million share buyback program, which is set to begin on June 19 and is expected to run through June 17, 2027. The transportation operator said the buyback will be conducted in four tranches of up to £25 million each. RBC Europe Ltd....
Rheinmetall AG (RNMBF.PK) on Thursday said it has signed a memorandum of understanding with Vantor to create satellite-based military intelligence capabilities for Germany and other European countries. The companies plan to form a joint venture in Germany to provide a platform that combines images...
Tesco Plc (TSCDY.PK) on Thursday reported higher first-quarter sales, mainly supported by growth in its UK and Ireland businesses. Group sales excluding VAT and fuel increased 2.3% to £16.826 billion in the 13 weeks ended May 30, 2026. On a like-for-like basis, sales increased 1%. Sales in Tesco's...
The Bank of England left its key interest rate unchanged on Thursday as inflation slowed unexpectedly and unemployment declined, and the US-Iran peace deal lowered the upside risks to inflation. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to hold the bank rate at 3.75 percent, which is the lowest rate since June 2023.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth.
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists had expected jobless claims to edge down to 225,000.
On Tuesday, the UK has annuonced a major sanctions package aimed at choking off Russia's war effort across multiple fronts. The latest round of punitive action by the UK includes 70 new sanctions targeting Russia's illicit shadow fleet, military procurement supply chains, and illicit finance networks used to circumvent Wedtern sanctions. The sanctions further crack down on Russia's decrepit
French President Emmanuel Macron has announced that the G7 summit in France will discuss the long-term reopening of the Strait of Hormuz as part of the US-Iran deal, set for signing later this week. "The aim will be to see the consequences of this agreement, support for Lebanon, the lasting reopening of Hormuz and of course the concluding of an accord on nuclear and ballistic activities in Iran,"
The U.S. Supreme Court has denied the state of Alabama's appeal to execute death row inmate Jeffery Lee by nitrogen hypoxia. The Supreme Court issued an order Thursday refusing to overturn a federal court's ruling that nitrogen suffocation is unconstitutional, which means the convicted murderer's execution will be delayed. The State of Alabama appealed the ruling by two lower courts previously
After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performance throughout the day. The rebound on Wall Street partly reflected a positive reaction to news the U.S. and Iran have officially signed a preliminary agreement to end the Middle East war.
European stocks closed broadly lower on Thursday as concerns about interest rates following the Federal Reserve's hawkish tone rendered the mood bearish. News about U.S. and Iran signing an interim peace plan help limit markets' downside to some extent.
Asian stocks ended mixed on Thursday, with Japanese and South Korean markets reaching fresh records on signs of easing geopolitical tensions and investor enthusiasm for artificial intelligence. A cautious undertone prevailed elsewhere across the region after the U.S. Federal Reserve hinted at a possible...
Butterfly Network, Inc. (BFLY) shares surged 33.36 percent, gaining $1.90 to $7.61 on Thursday, after the company highlighted its role in the newly unveiled Midjourney Medical imaging platform.
Canadian stocks edged lower on Thursday amid by a decrease in crude oil prices due to the reopening of the Strait of Hormuz and a plunge in gold prices due to the possibility of higher U.S. interest rates, both of which weighed on the energy and metal-linked materials sectors, respectively, and pulled down the market.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Sentiment in global markets remains mixed as an easing in geopolitical tensions attributed to the peace deal signed between the U.S. and Iran as well as renewed worries about interest rates going up, both impacted market sentiment.
The Justice Department has announced charges against five men who were arrested for an alleged plot to carry out an attack at a White House event at the weekend. According to FBI, the accused were planning to kill government officials and others attending the Ultimate Fighting Championship Freedom 250 event held at the White House on Sunday. The FBI launched an investigation into the plot and
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
The Swiss National Bank left its policy rate unchanged on Thursday as inflation continues to remain well within the target. The central bank left its policy rate at zero percent, in line with market expectations. The SNB had lowered the key rate by 175 basis points since March 2024.
The Philippine central bank lifted its key interest rates by 25 basis points on Thursday to control inflation expectations and mitigate the risk of second-round effects. The Monetary Board of the Bangko Sentral ng Pilipinas decided to lift the reverse repurchase rate by 25 basis points to 4.75 percent. The interest rates on the overnight deposit and lending facilities were adjusted.
The Bank of England and Swiss National Bank announce monetary policy decisions on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 5.0 percent in the three months to April.
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. 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.
The U.S. Food and Drug Administration has approved the first generic of Xofluza (baloxavir marboxil) tablets, the first single-dose treatment for acute uncomplicated influenza and prophylaxis in patients 5 years of age and older. This approval is to increase the availability of generic drugs in time...
Women are more likely than men to say they sleep poorly, even though sleep tests show they often sleep better, according to a new study from Karolinska Institutet. "It's a paradox, but we have found a possible explanation for why sleep quality is perceived so differently by men and women," commented...
Alphabet's (GOOG) self-driving unit Waymo is recalling 3,871 fifth-generation automated driving systems (ADS) in the U.S. after a software issue was found that could allow vehicles to enter closed freeway construction zones and continue driving through active work areas. According to a recall notice...
Verizon Communications (VZ) has announced a significant revamp aimed at its customers, which includes getting rid of activation and device upgrade fees, launching a new loyalty program for everyone, and simplifying their wireless and bundled service options.
Uber Technologies (UBER), Nuro, and Lucid Group have revealed that Houston will be the second city to host their robotaxi service, with plans to kick off commercial operations around mid-2027.
Novo Nordisk B A/S (NVO), the Danish pharmaceutical firm, has announced it's looking into claims made by the cyber extortion group FulcrumSec, which alleges that over a terabyte of company data was stolen after Novo Nordisk supposedly refused to pay a $25 million ransom.