Europe might run low on jet fuel in about "six weeks or so" if the disruptions in the Strait of Hormuz continue, warns Fatih Birol from the International Energy Agency. This could lead to flight cancellations and broader economic repercussions.
Dario Amodei, the CEO of Anthropic, is on his way to meet with Susie Wiles, the White House Chief of Staff. This meeting comes as the tension rises between Anthropic and the Trump administration regarding the use of its AI technologies.
Extending the strong upward move seen over the past several sessions, stocks moved sharply higher during trading on Friday. The Nasdaq and the S&P 500 once again reached new record closing highs, while the Dow reached its best closing level in almost two months. The major averages ended the day off their highs of the session but still posted strong gains.
Stocks have moved sharply higher during trading on Friday, extending the strong upward move seen over the past several sessions. The major averages have all shown significant moves to the upside, with the Nasdaq and the S&P 500 once again reaching new record intraday highs. Currently, the major averages are just off their highs of the session.
This week's biotech landscape witnessed regulatory approvals across the U.S., Taiwan, and Europe, alongside FDA rejections, collaborations, acquisitions, and positive data readouts spanning multiple therapeutic areas, including Colorectal Cancer, Obesity and Fatty Liver Disease. Let's unpack the specifics. FDA...
Stocks are likely to move to the upside in early trading on Friday, extending the upward trend seen over the past several sessions. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. The markets may continue to benefit from...
President Donald Trump expressed optimism about a permanent truce, the Wall Street is moving to a positive zone on Friday. Early trends from the U.S. Futures Index suggest that Wall Street might open higher. As of 7.55 am ET, the Dow futures were gaining 246.00 points, the S&P 500 futures were adding...
UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg
U.S. Transportation Secretary Sean P. Duffy and the Federal Aviation Administration have announced a new action to prevent widespread flight delays this summer at Chicago O'Hare International Airport, or ORD. The FAA's action - known as a scheduling reduction - limits daily operations to 2,708 flights...
The United States and the Philippines have announced plans to establish a 4,000-acre industrial hub to secure inputs vital to American and global supply chains. The site is located in the Luzon Economic Corridor of the Philippines. The site — the first of its kind — is being designated by the Philippines...
A pause in fighting between Israel and Iran-backed Hezbollah in Lebanon, and President Donald Trump's statement that the US and Iran are "very close" to making a deal to end the weeks-old Middle East war has sent oil prices down on Friday. Brent crude oil price decreased by more than 3 percent to $96.33 a barrel, while the US-traded WTI fell by nearly 4 percent to $91.10. Oil has been trading b
President Donald Trump has expressed confidence that a deal with Iran is on the cards, and a second round of negotiations to end the Middle East war could resume next weekend. Speaking at a campaign event in Las Vegas Thursday to promote his administration's economic policies and tax cuts, Trump said, "The war in Iran is going along swimmingly. It should be ending pretty soon." Earlier, Trump to
A 10-day ceasefire between Israel and Lebanon came into effect at midnight in Beirut, offering a pause in Middle East war after weeks of fighting. The ceasefire is set to last for 10 days initially, that could be extended, according to Washington. Israeli Prime Minister Benjamin Netanyahu said it will pave the way for a "historic peace agreement" with Lebanon. He said Israeli Defense Forces wil
European stocks were mixed on Friday ahead of potential weekend negotiations between the United States and Iran. U.S. President Donald Trump has indicated that a second round of talks could take place this weekend, warning that fighting may resume if no deal is finalized. The pan-European STOXX...
European stocks are seen opening broadly lower on Friday as investors react to mixed results from Netflix and await clarity on U.S.-Iran peace talks. Netflix shares fell sharply after the U.S. closing bell as the streaming giant beat profit estimates for the first quarter but missed with its outlook...
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.