The U.S. Food and Drug Administration has announced results from the largest and most rigorous examination ever conducted focused on chemical contaminants in infant formula available in the U.S. market. "We tested more infant formula than ever before, and the results are clear: most products meet...
In a co-ordinated crackdown involving the FBI, Dubai Police Department and Chinese Ministry of Public Security, 276 people were arrested and at least nine scam centers used for cryptocurrency investment fraud schemes were dismantled. These centers targeted Americans who have suffered millions of dollars...
Oil prices have jumped to the highest level since 2022 amid report of a U.S. plan to launch a fresh wave of attacks on Iran and President Donald Trump's decision to extend the U.S. naval blockade of Iranian ports. Brent crude soared to a four-year high of above $126 per barrel at one stage Thursday, increasing by more than 12 percent, before losing some gains. Simultaneously, the US-traded WTI
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.