German factory orders grew at a faster pace in March as manufacturers rushed to secure raw materials ahead of potential future price increases and supply shortages. Factory orders increased 5.0 percent in March compared to February's revised growth of 1.4 percent, Destatis reported Thursday. The monthly increase significantly outpaced the 1.0 percent forecast.
European stocks are seen opening mixed on Thursday after posting strong gains in the previous session on optimism over a potential U.S.-Iran peace deal and easing concerns about inflationary pressures. U.S. President Donald Trump said he has had "very good talks" with Iran over the past 24 hours and...
Stocks moved sharply higher early in the session on Wednesday and saw further upside as the day progressed. The major averages added to the gains posted during Tuesday's session, with the Nasdaq and S&P 500 reaching new record closing highs. The major averages ended the day just off their highs of the session.
James Murdoch is currently in talks to buy assets from Vox Media, which includes New York magazine and its podcast division. This deal could total more than $300 million, according to some insiders.
High Tide Inc. (HITI) has announced that its German subsidiary, Remexian Pharma GmbH, reached record distribution levels this quarter, showcasing continued growth in Europe's largest medical cannabis market.
A new study from Rice University suggests that public reactions to the weight-loss medications go beyond simple admiration or acceptance. In some cases, people who use them may face more criticism than those who do not lose weight at all. The research, led by Erin Standen, an assistant professor of...
Stocks have moved sharply higher over the course of the trading day on Wednesday, adding to the gains posted in the previous session. With the continued advance, the Nasdaq and the S&P 500 have reached new record intraday highs. Currently, the major averages are just off their highs of the session.
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. jumped by more than expected in the month of April. The report said private sector employment shot up by 109,000 jobs in April after climbing by a downwardly revised 61,000 jobs in March. Economists had expected private sector employment to grow by 85,000 jobs.
Stocks are likely to move to the upside in early trading on Wednesday, extending the advance seen over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Optimism about an end to the conflict...
Financial contributions from migrants remain substantial, and remittances are projected to reach $905 billion, including $685 billion to low and middle-income countries, says the new World Migration Report. Restricting migration does not stop people from moving. It often pushes them into more dangerous...
A hantavirus-hit Dutch cruise ship is reportedly sailing to Spain's Canary Islands to medically evacuate two crew members to make sure that they receive urgent medical care. A third person who had contact with the diseased German passenger will also be evacuated, media reports say. Hantavirus victims...
A U.S.-led resolution to defend freedom of navigation in the Strait of Hormuz is set to be introduced for voting in UN Security Councilin the coming days. Secretary of State Marco Rubio said on Tuesday that at President Donald Trump's direction, the United States, alongside its Gulf partners Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar, drafted the resolution. The draft res
European stock markets are trading on an emphatically positive note amidst growing optimism about a potential peace deal between the U.S. and Iran.
Investor sentiment is trending positive after U.S. President Donald Trump, in a social media post, said that U.S. is pausing its operations in the Middle East for a short period of time to guide stranded ships through the Strait of Hormuz. However, U.S. will continue with blockade of Iran's ports. Oil...
Walt Disney Co. reported Wednesday lower net profit in its second quarter, while segment operating income increased with higher revenues. Further, the media and entertainment major updated its fiscal 2026 outlook, and maintained fiscal 2027 earnings growth view. The company also said it is targeting at least $8 billion in share repurchases in fiscal 2026.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.