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today's top stories

  • Brazilian Health Authorities Investigate Possible Ebola Infections In Two Cities June 01, 2026 14:52 ET

    Health officials in Brazil are closely monitoring two people for possible Ebola infection in the country's largest cities, São Paulo and Rio de Janeiro. In São Paulo, a 37-year-old man from the Democratic Republic of the Congo (DR Congo), where the current Ebola outbreak is centered, developed symptoms...

  • Google Plans To Release 32 Million Mosquitoes In California And Florida To Fight Disease Spread June 01, 2026 13:48 ET

    Google is moving ahead with plans to release up to 32 million specially treated male mosquitoes in California and Florida to help reduce the spread of mosquito-borne diseases. According to reports from USA Today, Google submitted an application to the U.S. Environmental Protection Agency (EPA) last...

  • Lilly Continues Its Acquisition Spree, Inks Two Asia Partnerships Today June 01, 2026 12:21 ET

    Eli Lilly and Company (LLY) continued its deal-making momentum on June 1, 2026, announcing two new licensing agreements in Asia while also highlighting three infectious-disease acquisitions completed last week.

  • U.S. Stocks Lack Direction As Trade Weigh AI Optimism Against Oil Price Spike June 01, 2026 11:46 ET

    Following the relatively lackluster performance seen during last Friday's session, stocks have continued to show a lack of direction over the course of the trading day on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance.

  • U.S. Construction Spending Increases From Downwardly Revised Level In April June 01, 2026 10:44 ET

    A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.

  • U.S. Manufacturing Index Rises To Four-Year High In May June 01, 2026 10:41 ET

    Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.

  • Switzerland GDP Expands Less Than Estimated In Q1 June 01, 2026 09:45 ET

    The Swiss economy expanded less than estimated in the first quarter on subdued domestic demand, data from the State Secretariat for Economic Affairs, or SECO, showed Monday. Gross domestic product grew 0.4 percent in the first quarter, which was revised down from the initial estimate of 0.5 percent.

  • X-59 To Fly Supersonic For First Time In Test Flights In June June 01, 2026 09:00 ET

    NASA's X-59 quiet supersonic research aircraft is preparing for some of its most significant flights yet. The X-plane is about to begin a new block of test flights that will include its first time flying faster than the speed of sound and other mission-critical objectives. "What comes next is the first time this one-of-a-kind aircraft will fly supersonic," said Cathy Bahm, project manager for NAS

  • U.S. Stocks May See Initial Strength After Nvidia Unveils New PC Chip June 01, 2026 08:56 ET

    After ending last Friday's choppy session mostly higher, stocks may see further upside in early trading on Monday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent. Optimism about the AI trade may contribute to initial...

  • 'No Fly Zones' Over World Cup Stadiums In US June 01, 2026 08:43 ET

    Temporary flight restrictions will be in place over stadiums hosting FIFA World Cup football matches and related fan events across the United States to help protect participants and spectators. The temporary flight restrictions will be established by Federal Aviation Administration, in coordination with the Department of Homeland Security and the Department of Justice. During match days, all air

  • Eurozone Manufacturing Activity Growth Slows June 01, 2026 08:36 ET

    The upturn in the euro area manufacturing sector lost momentum in May amid rising prices and supply disruptions due to the war in the Middle East, final survey results from S&P Global showed Monday. The manufacturing Purchasing Managers' Index fell to 51.6 in May from a near four-year high of 52.2 in the prior month. The flash score was 51.4.

  • Research Reveals Shift In US Landscapes June 01, 2026 08:32 ET

    For most of the past four decades, observations from the Landsat satellite record show that humans have dominated changes to the U.S. landscape. Recent research revealed a shift in that trend, suggesting that disasters might be catching up. In a NASA-funded study published in Nature Geoscience, scientists analyzed nearly 35 years of data from NASA/USGS Landsat satellites to better understand what

  • Wall Street Aims To Open In Positive Territory June 01, 2026 08:22 ET

    Early signs from the U.S. Futures Index suggest that Wall Street might open on a positive note on Monday. Geopolitical situations continue to impact the investor sentiments. Oil prices were sharply higher. Brent crude futures for August delivery jumped 3.3 percent to $94.15 a barrel while WTI crude...

  • Colombia's Presidential Election Extends To Runoff June 01, 2026 07:20 ET

    Colombia's presidential election is heading to a runoff after Sunday's vote failed to produce a clear winner. The right-wing candidate Abelardo de la Espriella, a close ally of President Donald Trump, received the most votes - 43.7 percent - while the left-wing senator Iván Cepeda, an ally of the outgoing president Gustavo Petro, came second with 40.9 percent. As none of the 13 candidates in th

  • Thunderstorms Forecast Across Northern Rockies, Into The Plains June 01, 2026 06:25 ET

    The National Weather Service has warned that showers and thunderstorms will be possible from the northern Plains to the Gulf Coast on Monday. Thunderstorms with large hail and severe wind gusts are expected Monday afternoon and evening across parts of the central Plains. On Monday, a lingering upper-level...

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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