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today's top stories

  • Families Sue OpenAI Over Alleged Role Of ChatGPT In Canada School Shooting April 29, 2026 17:36 ET

    Families of the victims from a tragic school shooting in Tumbler Ridge have taken legal action against OpenAI, claiming negligence and asserting that its chatbot technology played a role in the incident.

  • IBM To Expand Illinois Tech Hub, Add 750 Jobs Over Five Years April 29, 2026 17:35 ET

    International Business Machines Corp. (IBM) has just announced that it is planning to expand its quantum and microelectronics campus in Chicago, Illinois, with a fresh investment that's set to create 750 jobs over the coming five years.

  • U.S. Stocks Close Little Changed Ahead Of Key Tech Earnings April 29, 2026 16:11 ET

    Following the pullback seen in the previous session, stocks showed a lack of direction over the course of the trading day on Wednesday. The Nasdaq and the S&P 500 spent the day bouncing back and forth across the unchanged line before eventually closing narrowly mixed.

  • Fed Leaves Interest Rates Unchanged In Unusually Divided Vote April 29, 2026 14:26 ET

    For the third consecutive meeting, the Federal Reserve on Wednesday announced its widely expected decision to leave rates unchanged, although the vote was unusually divided. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.

  • Ultra-Processed Foods May Cause Lower Attention, Study Says April 29, 2026 13:59 ET

    A large study from Australia found that eating even a bit more ultra-processed food might affect how well people can focus and could be linked to a higher risk of dementia, no matter how healthy the rest of their diet is. The research, led by scientist Barbara Cardoso, looked at 2,192 people, consisting...

  • 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

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.