The European Commission has rolled out a wide-ranging set of proposals aimed at boosting Europe's tech independence. This move is all about ramping up local semiconductor production, AI capabilities, and cloud computing infrastructure, especially since there's increasing reliance on U.S. and Chinese tech.
Stocks moved mostly lower over the course of the trading session on Wednesday, giving back ground after trending higher over the past several sessions. The major averages all moved to the downside, with the Dow showing a notable slump.
A new study by researchers at the Institute for Health Metrics and Evaluation (IHME) at the University of Washington has provided one of the most detailed analyzes so far on how alcohol affects health. The researchers reviewed data from 843 studies published up to 2023 and used a special method that...
A recent study suggests that the effects of a major surgery may go beyond pain and mobility issues, potentially causing a decline in memory and thinking abilities. Researchers followed 560 adults aged over 70 who showed no signs of dementia before undergoing major surgeries such as hip replacements...
Bangladeshi Foreign Minister Khalilur Rahman has been elected as the President of the UN General Assembly's 81st session. He defeated Andreas Kakouris of Cyprus in a closely contested vote on Tuesday, positioning himself to steer the world body through a pivotal year marked by intensifying global crises, UN reform efforts and major leadership transitions. In a secret-ballot election, Rahman secur
After trending higher over the past several sessions, stocks are giving back some ground during trading on Wednesday. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are off their lows of the session but still in the red.
A report released by the Commerce Department on Wednesday showed a substantial increase in new orders for U.S. manufactured goods in the month of April. The Commerce Department said factory orders soared by 4.8 percent in April after jumping by an upwardly revised 1.8 percent in March. Economists...
The Institute for Supply Management released a report on Wednesday showing its reading on U.S. service sector activity increased by more than expected in the month of May. The ISM said its services PMI rose to 54.5 in May from 53.6 in April, with a reading above 50 indicating growth. Economists had expected the index to tick up to 53.7.
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May. ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April.
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.
After inching higher over the past few sessions, stocks may give back some ground in early trading on Wednesday. The major index futures are currently pointing to a modestly lower open for the markets, with the S&P 500 futures down by 0.2 percent. Uncertainty about the situation in the Middle East...
A study published in CDC's Emerging Infectious Diseases journal Tuesday highlights a growing concern for adverse outcomes from patients who have traveled abroad to undergo cosmetic procedures. The findings underscore the need for patients considering medical procedures abroad to fully understand the...
Latest developments show that there are no signs of ending the ongoing Middle East conflict as expected. The war is felt across the globe with price escalations and delay in supply chains. In the Asian trading hours, oil prices extended gains for a third consecutive session. Brent crude futures for...
Through the April tax filing deadline, American families and Workers have claimed $82 billion in individual relief directly from the Working Families Tax Cuts, the Department of the Treasury's new analysis of this past tax filing season confirms. 97 percent of filers received a tax cut this past filing...
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
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.