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today's top stories

  • U.S. Retail Sales Jump 1.7% In March, More Than Expected April 21, 2026 09:54 ET

    The Commerce Department released a report on Tuesday showing retail sales in the U.S. surged by more than expected in the month of March. The report said retail sales shot up by 1.7 percent in March after climbing by an upwardly revised 0.7 percent in February.

  • GE Aerospace Q1 Adj. Profit Rises; Backs FY26 Outlook April 21, 2026 09:43 ET

    GE Aerospace (GE) reported Tuesday a strong first-quarter performance with orders growing 87 percent and revenue rising 29 percent supporting double-digit growth in earnings. The company said its young and diverse fleet coupled with a $170 billion commercial services backlog positions it well to navigate the current operating environment. The company also maintained its fiscal 2026 outlook.

  • U.S. Stocks May Move Back To The Upside In Early Trading April 21, 2026 08:51 ET

    After ending the previous session modestly lower, stocks are likely to move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. A positive reaction to some of the latest earnings...

  • Initiative To Eliminate Traffic Bottlenecks Across US Launched April 21, 2026 08:02 ET

    U.S. Transportation Secretary Sean P. Duffy and the Federal Highway Administration have jointly launched the 'Freedom to Drive initiative', an opportunity for states to collaborate with the Department of Transportation on tackling increasing congestion corridors across the United States. This national...

  • FDA Achieves Goals In Reducing Animal Testing In Drug Development April 21, 2026 08:00 ET

    The U.S. Food and Drug Administration has announced that vit achieved its key first-year goals in the implementation of its April 2025 Roadmap to Reducing Animal Testing in Preclinical Safety Studies, marking one year of transformative action to modernize drug development through innovative, human-relevant...

  • Futures Suggest Wall Street To Open Positive April 21, 2026 07:50 ET

    Initial cues from the U.S. Futures Index suggest that Wall Street might open positive on Tuesday. Though Tehran has not revealed its willingness to participate in the second round of talks, the U.S. Vice President JD Vance and US Special envoy Steve Witkoff are set to be in Pakistan for the talks....

  • Amtrak's Northeast Rail Corridor To Be Revitalized With $5 Bln Funding April 21, 2026 07:48 ET

    U.S. Transportation Department Secretary Sean P. Duffy has announced a $4.7 billion investment into rail projects on Amtrak's Northeast Corridor to help revitalize the nation's iconic rail hubs, including New York Penn Station and Washington Union Station. Throughout the Northeast Corridor, the investment...

  • US Reports Progress In Combating HIV Epidemic Globally April 21, 2026 06:21 ET

    The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...

  • NASA's Quiet Supersonic Aircraft Makes Highest And Fastest Flight April 21, 2026 06:18 ET

    NASA's X-59 quiet supersonic experimental aircraft has made its highest and fastest flights so far, expanding its operational range and making progress toward supersonic flight. The U.S. space agency said in a pair of test flights earlier this month, the aircraft reached new altitudes and speeds, reaching 43,000 feet and 528 to 627 mph, respectively, (approximately Mach 0.8 to 0.95 in those condi

  • Iran Warns Of 'new Cards On Battlefield' If Ceasefire Doesn't Extend April 21, 2026 06:11 ET

    As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes. "In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.While U

  • European Shares Edge Higher In Cautious Trade April 21, 2026 05:19 ET

    European stocks were slightly higher on Tuesday, even as contradicting signals cast doubts over the state of possible fresh peace talks between the U.S. and Iran. The British pound dipped after data showed the U.K. unemployment rate dropped and wage growth eased in the three months to February. The...

  • European Shares Seen Tad Higher At Open April 21, 2026 01:37 ET

    European stocks are likely to open higher on Tuesday amid lingering hopes for a deal to end the U.S.-Iran war and reopen the Strait of Hormuz. With a two-week ceasefire expiring in hours, a senior Iranian official reportedly said the country would attend peace talks with the United States in Pakistan. U.S....

  • Blue Origin's New Glenn Rocket Grounded After Failed Satellite Launch April 20, 2026 18:20 ET

    Blue Origin has put a hold on its New Glenn rocket after the Federal Aviation Administration requested an investigation into a failed satellite launch, dealing a blow to the company's aspirations in space.

  • Jersey Mike's Confidentially Files For IPO After Blackstone Deal April 20, 2026 18:19 ET

    Jersey Mike has quietly filed for an IPO, the company announced on Monday. This is a significant move towards going public, more than a year after Blackstone took a majority stake in a deal that valued the chain at around $8 billion.

  • Deloitte Cuts PTO, Parental Leave And IVF Benefits For Select Employees April 20, 2026 18:18 ET

    Deloitte is rolling back certain employee benefits for a specific group of its workforce, showing a wider trend where companies are cutting back on perks during these uncertain economic times.

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.