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today's top stories

  • Tech Stocks May Lead Early Slump On Wall Street April 28, 2026 08:57 ET

    After ending yesterday's choppy session narrowly mixed, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent. Technology stocks are likely to lead the way...

  • Futures Point To Broadly Lower Open For Wall Street April 28, 2026 08:09 ET

    Reports suggest that President Donald Trump might not be accepting the latest proposal from Iran to open the Strait of Hormuz. Energy supply continues to be in threat. Early trends from the U.S. Futures Index suggest that Wall Street might open mostly lower on Tuesday. In the Asian trading session,...

  • Oil Price Surge Drives Up Plastics Costs: UNCTAD April 28, 2026 08:01 ET

    Rising oil prices linked to the Middle East crisis are driving up the cost of plastics, with impacts spreading across global supply chains. According to UN trade and development body, UNCTAD, the price of key materials such as polyethylene has surged sharply in recent weeks, reflecting the steep rise in crude oil prices. When oil prices surge, the impact goes far beyond fuel. It runs through glo

  • Biotech Stocks Facing FDA Decision In May 2026 April 28, 2026 08:01 ET

    The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.

  • Number Of Nuclear Warheads On The Rise, UN Chief Warns April 28, 2026 07:58 ET

    With top diplomats gathered at UN Headquarters to review the 1970 Treaty on the Non-Proliferation of Nuclear Weapons, the UN Secretary-General warned that it must evolve to survive the age of AI and other new technologies. For the first time in decades, the number of nuclear warheads is on the rise. Nuclear testing is back on the table and global military spending jumped to $2.7 trillion in 2025.

  • WHO Reports Significant Drop In Hepatitis B Infections April 28, 2026 07:57 ET

    Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...

  • US Navy Commissions Submarine USS Idaho April 28, 2026 07:55 ET

    The U.S. Navy has commissioned the submarine USS Idaho, bringing cutting-edge war-fighting capability to the nation's undersea forces after a multiyear construction process. The 26th Virginia-class submarine and the eighth of the advanced Block IV configuration, Idaho was commissioned in a traditional...

  • Electric Air Taxis Kick Off Demo Flights For New York Airport Trips April 28, 2026 07:25 ET

    New York City has witnessed first-ever point-to-point electricvertical takeoff and landing (eVTOL) air taxi demonstration flights, which aims to connect heliports in Manhattan to JFK International Airport in less than 10 minutes. Once approved and fully become operational, it will save travelers significant amount of time, far less than the current one-to two-hour drive. Joby Aviation, Inc. (JO

  • UPS Q1 Results Down, Confirms FY26 View; Stock Drops April 28, 2026 07:00 ET

    Shares of United Parcel Service Inc. were losing around 3 percent in the pre-market activity on the NYSE after the firm on Tuesday reported lower profit in its first quarter as revenues were hurt by weak performance in U.S. Domestic Segment and Supply Chain Solutions. Further, the company reaffirmed fiscal 2026 guidance.

  • Washington Dinner Shooting Suspect Charged With Assassination Attempt April 28, 2026 06:23 ET

    Cole Tomas Allen of Torrance, California, has been charged with attempting to assassinate President Donald Trump at the White House Correspondents' Association Dinner at the weekend. The Department of Justice announced that 31-year-old Allen was charged with one count of attempt to assassinate the President, transportation of a firearm and ammunition in interstate commerce with intent to commit a

  • BP Stock Gains On Higher Q1 Results, Despite Production Warning April 28, 2026 06:00 ET

    Shares of bp plc were gaining more than 3 percent in the pre-market activity on the NYSE, as well as in London after the British Oil and gas major reported Tuesday higher replacement cost or RC profit in its first quarter. Sales were higher with increased upstream production. Meanwhile, the firm warned on sequentially lower production in second quarter, and weak upstream production in fiscal 2026.

  • European Shares Edge Higher In Cautious Trade April 28, 2026 05:13 ET

    European stocks were slightly higher in cautious trade on Tuesday as investors braced for big tech earnings and the upcoming Federal Reserve decision. On the geopolitical front, the Trump administration seemed unlikely to accept Iran's proposal to reopen the Strait of Hormuz and end the war, while...

  • European Shares Seen Tad Higher At Open April 28, 2026 01:42 ET

    European stocks are seen opening higher on Tuesday, though the upside may remain capped somewhat after reports suggested that U.S. President Donald Trump and his national security team are skeptical of Iran's offer of a deal to reopen the Strait of Hormuz and end the two-month war, while setting aside...

  • Claire's Closes All 154 UK And Ireland Stores April 27, 2026 18:11 ET

    The closure of Claire's standalone stores in the UK and Ireland marks a significant decline for a brand that was once a staple on the high street.

  • EU Tells Google To Open Gemini, Android Features To AI Rivals Under DMA April 27, 2026 17:23 ET

    Google, which is part of Alphabet, has received new instructions from European regulators about how to make its ecosystem more accessible to competing AI services as scrutiny around EU tech regulations heats up.

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.