For the second consecutive day, the US military attacked Iran's military surveillance capabilities, communication systems, and air defense sites in the south, calling them "self-defense strikes." Iran responded with strikes targeting US military bases in Bahrain, Kuwait and Jordan. Iran's state media quoted the Islamic Revolutionary Guard Corps as saying that it attacked a US command center in J
The Indian government has summoned the deputy head of the U.S. mission in capital New Delhi in protest against the fatal U.S. attack on an Iran-linked oil tanker in the Gulf of Oman earlier this week. Indian media reported that Nagaraj Naidu, Additional Secretary in India's Foreign Ministry, summoned U.S. Charg d'Affaires Jason Meeks on Wednesday, a day after the Palau-flagged MT Settebello came
European stocks edged higher on Thursday as investors kept a close eye on escalating Middle East tensions and awaited the European Central Bank's (ECB) rate decision for direction. To address rising inflationary pressures, the ECB is likely to raise its deposit facility rate by 25 bps to 2.25 percent...
Tech major Oracle Corp. issued first-quarter outlook expecting higher results, and raised fiscal 2027 earnings view, after reporting significant growth in fourth-quarter results driven by Cloud Infrastructure & Cloud Applications. Meanwhile, the shares were losing around 10 percent in the pre-market activity on the NYSE, after the firm said it expects to raise around $20 billion more...
UK house prices continued to decline and sales activity indicators remained negative as challenging macroeconomic conditions weighed on demand but some measures showed signs of stabilization in the property market, the Residential Market Survey results from the Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance posted -35 percent in May.
The monetary policy announcement from the European Central Bank is the top economic news due on Thursday. At 2.00 am ET, Statistics Sweden publishes inflation data for May. Economists forecast consumer prices to grow 0.8 percent on a yearly basis, in contrast to the 0.1 percent fall in April.
Today's top biotech gainers include Parabilis, following a strong debut on its first day of trading; Shoulder Innovations, which recently issued a rosy outlook for the year; and Clover Health, which won a legal victory in its dispute with the U.S. Department of Health and Human Services, among others.
A U.S. district judge has given the green light for a proposed $38 billion settlement tied to Visa Inc. (V) and Mastercard Incorporated( MA), stemming from a long-standing antitrust lawsuit filed by over 12 million merchants concerning credit card processing fees.
Honda Motor Co Ltd. (HMC) is recalling more than 880,000 SUVs and pickup trucks in the U.S. due to a rear suspension problem that could raise the risk of a crash.
General Motors Company (GM) is ramping up its battery and energy storage plans to tap into the increasing demand for electricity, particularly fueled by artificial intelligence and the rise of data centers.
Senator Elizabeth Warren has reached out to the U.S. Securities and Exchange Commission (SEC), urging them to hold off on SpaceX's upcoming initial public offering (IPO).
Stocks showed a lack of direction early in the session on Wednesday but came under considerable selling pressure over the course of the trading day. The major averages all showed significant moves to the downside. The major averages ended the day just off their lows of the session.
A major new review published in Critical Reviews in Food Science and Nutrition has looked at common beliefs about how much protein people need and the health benefits it provides. The study, titled Examining Widely Held Propositions on Human Dietary Protein Needs and Benefits, was based on an international...
AI safety and research company Anthropic has recently launched Claude Fable 5 for public use and Claude Mythos 5 for a limited group of cybersecurity experts and infrastructure providers. According to Anthropic, Fable 5 is the most powerful AI model it has released to the public so far. It delivers...
After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Wednesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the previous session. Currently, the major averages are off their worst levels of the day but still firmly negative.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.