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today's top stories

  • U.S. Stocks Turning In Lackluster Performance Ahead Of Fed Decision, Tech Earnings April 29, 2026 11:42 ET

    Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the pullback seen in the previous session. Currently, the major averages are turning in a mixed performance.

  • FDA Moves To Modernize Drug Development With Real-Time Clinical Trials April 29, 2026 11:07 ET

    In a move the agency calls a "bold modernization of clinical research," the U.S FDA has taken two major step toward implementing real-time clinical trials- an approach that could allow regulators to view safety signals and key endpoints as they happen.

  • U.S. Durable Goods Orders Rebound 0.8% In March, More Than Expected April 29, 2026 09:32 ET

    New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in February.

  • U.S. Stocks May Lack Direction Of Fed Decision, Tech Earnings April 29, 2026 08:56 ET

    Following the pullback seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may be reluctant to...

  • U.S. Housing Starts Soar In March But Building Permits Plunge April 29, 2026 08:42 ET

    A report released by the Commerce Department on Wednesday showed a sharp increase in new residential construction in the U.S. in the month of March but a steep drop in building permits. The Commerce Department said housing starts soared by 10.8 percent to an annual rate of 1.502 million in March after tumbling by 3.0 percent to a rate of 1.356 million in February.

  • Former FBI Director James Comey Indicted For 'Threats To Harm Trump' April 29, 2026 08:20 ET

    A federal grand jury in the Eastern District of North Carolina has returned an indictment charging former FBI director James Comey with making threats to the life of President Donald Trump. The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial. The Indictment includes two counts. According to the Department of Justice, the fi

  • Energy Supply Crisis Continues To Influence Investor Sentiment April 29, 2026 08:06 ET

    Rising oil prices and inflation worries continue to influence the investor sentiments on Wednesday. Jerome Powell's final FOMC meeting and press conference will be closely monitored today. Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up. Reports suggest...

  • Treasury Warns Of Sanctions Risks Linked To China-Based 'Teapot' Oil Refineries April 29, 2026 08:01 ET

    The U.S. Government has alerted financial institutions to the sanctions risks associated with independent "teapot" oil refineries in China, primarily in Shandong Province, given their continued role in importing and refining Iranian crude oil. China purchases approximately 90 percent of Iran's oil...

  • What's Powering Viemed's Next Chapter? April 29, 2026 07:57 ET

    Shares of Viemed Healthcare Inc. (VMD), a provider of home medical equipment and post-acute healthcare services in the United States, touched a new 52-week high of $10.10 during intraday trading yesterday. The company's sustained financial performance, combined with multiple growth engines, makes it a compelling long-term stock to watch.

  • US Sanctions Iran Shadow Banking Facilitators April 29, 2026 07:51 ET

    The U.S. government has imposed sanctions on 35 entities and individuals that oversee Iran's shadow banking architecture, facilitating the movement of the equivalent of tens of billions of dollars tied to sanctions evasion and Iran's sponsorship of terrorism. These networks allow Iran's armed forces—including the Islamic Revolutionary Guard Corps (IRGC)—to access the international financial syst

  • Eurozone Economic Confidence Weakest Since 2020 April 29, 2026 07:49 ET

    Euro area economic confidence deteriorated to the lowest level since November 2020, underscoring the rising concern about the strength of economic activity amid the intensifying price pressures and supply chain disruptions. The economic sentiment index dropped more-than-expected to 93.0 in April from 96.2 in the prior month, results of a monthly survey by the European Commission showed on Wednes

  • Vegetarian Diet And Cancer Risk: What Does A 1.8 Mln People Study Reveal April 29, 2026 07:29 ET

    A major study published in Nature (British Journal of Cancer, 2026) examined whether vegetarian and plant-based diets are linked to cancer risk. The research pooled data from over 1.8 million people across nine large population studies in the UK, US, India, and Taiwan, making it one of the most comprehensive...

  • Humana Cuts FY26 EPS View, Backs Adj. Earnings Forecast After Weak Q1 Profit; Stock Drops April 29, 2026 06:37 ET

    Health insurer Humana, Inc., while reporting weak first-quarter profit despite revenue growth, on Wednesday trimmed fiscal 2026 reported earnings view, but maintained adjusted earnings and revenue forecast. In pre-market activity, the shares were losing around 4.5 percent.

  • Over 20 Ships Under US Blockade In Iran's Chah Bahar Port: CENTCOM April 29, 2026 06:03 ET

    The U.S. Central Command said that more than 20 vessels remain in the Iranian port of Chah Bahar under the U.S. blockade on Iran. "Prior to the U.S. blockade on Iran, 5 ships were moored or anchored in the Iranian port of Chah Bahar on an average day. Today, more than 20 vessels remain in Chah Bahar as U.S. forces cut off economic trade going into and coming out of Iran during the ongoing blockad

  • European Shares Drift Lower As Brent Crude Prices Jump Toward $115 April 29, 2026 05:21 ET

    European stocks traded lower on Wednesday, extending losses from the previous session after the Wall Street Journal reported that U.S. President Donald Trump was unhappy with Tehran's latest proposal to end the war and has instructed aides to prepare for an extended blockade of Iranian ports. Fears...

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.