After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 6.2 percent to an...
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd. The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the previous week's revised level of 210,000. Economists had expected jobless claims to rise to 213,000.
Super Micro Computer (SMCI) issued a statement regarding recent collaboration with the Taiwanese authorities to prevent illicit diversion of server technology. Supermicro said it has worked closely with Taiwanese authorities on the recent event, helping to prevent the illicit diversion of its systems...
Thursday, Koninklijke Philips N.V. (PHG) and The Walt Disney Company (DIS) announced their decision to incorporate beloved Disney animated characters and stories directly into Philips Ambient Experience for MRI at medical facilities in 87 countries worldwide to support children undergoing imaging procedures. The...
CDC has issued a new food safety alert in the wake of two separate Salmonella outbreaks linked to moringa leaf products. Eighteen people across 14 states have fallen sick with the same strain of Salmonella. Out of them, seven people have been hospitalized, while no deaths were reported. Information...
The Office of the United States Trade Representative has announced that the United States and Mexico will hold a series of bilateral negotiating rounds related to the first Joint Review of the United States-Mexico-Canada Agreement, or USMCA. On May 28-29, Deputy US Trade Representative Ambassador...
Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026. The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported...
Thursday, EQT Corporation (EQT) along with Alphabet Inc.'s (GOOG) Google Cloud a new partnership poised to accelerate AI transformations among the former's global portfolio companies. Under this partnership, EQT will provide its portfolio companies with streamlined access to technology and expertise...
Auto parts supplier Strattec Security Corp. (STRT) said on Thursday its board authorized a new share repurchase program of upto $40 million and terminated a buyback plan that had been in place since 1996. The program has no expiration date and does not obligate Strattec to buy any specific amount...
RenovoRx, Inc. (RNXT), a life sciences company, announced Thursday that the U.S. Food and Drug Administration (FDA) recently granted Orphan Drug Designation (ODD) for oxaliplatin for the treatment of pancreatic cancer. Oxaliplatin is an approved and commonly used chemotherapy. This is RenovoRx's second...
After ending yesterday's choppy trading session modestly higher, stocks may move back to the downside in early trading on Thursday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. A rebound by the price of crude...
A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April. The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly revised 1.3 percent...
The Commerce Department released a report on Thursday showing consumer prices in the U.S. increased by slightly less than expected in the month of April. The report said the personal consumption expenditures (PCE) price index rose by 0.4 percent in April after climbing by 0.7 percent in March. Economists...
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd. The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the previous week's revised level...
Burlington Stores, Inc. (BURL) said on Thursday that it expects a rise in earnings and revenue for the second quarter of fiscal 2026. In addition, the company has revised up annual guidance, citing strong first quarter financial performance. For the second quarter of fiscal 2026, the company anticipates...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.