The Bank of Russia reduced its benchmark interest rate by a quarter basis points on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Directors decided to cut the key rate to 14.25 percent from 14.50 percent, the Russian central bank said. Markets had anticipated a 50 basis-point reduction.
European stocks were a tad higher on Friday, even as the abrupt cancellation of U.S.-Iran peace talks added to uncertainty over efforts to secure a lasting truce in the Middle East conflict. After Israel and Lebanese Hezbollah traded blows overnight, French Foreign Minister Jean-Noel Barrot said that...
UK retail sales rebounded in May as promotions and the hot weather drove consumer spending data, from the Office for National Statistics showed Friday. Retail sales grew by more-than-expected 1.2 percent on a monthly basis in May, in contrast to April's 1.0 percent fall. Sales were forecast to climb 0.5 percent. Excluding auto fuel sales, retail sales moved up 1.2 percent.
Thursday's top gainers include Butterfly Network, whose partner unveiled plans to introduce a full-body ultrasound scanner in spa settings; Kardigan, which debuted on the Nasdaq; and Outset Medical, which amended its purchasing agreement for the Tablo Hemodialysis System, among others.
Retail sales and public sector finances from the UK and monetary policy decision from Russia are due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector net borrowing figures.
European stocks look set to open on a sluggish note on Friday, with trading volumes likely to remain thin amid a holiday in the United States in observance of Juneteenth. Technology stocks may come under selling pressure after Accenture slashed its annual revenue growth forecast, citing a challenging...
It looks like the new iPhone 18 Pro and iPhone 18 Pro Max will keep the same general size as the previous models, but they might have a noticeably larger camera module, which could make the back of the phones a bit thicker.
Grand Theft Auto VI developer Rockstar Games has announced that pre-orders for the highly anticipated title will begin on June 25, ahead of its scheduled release on November 19 for the PlayStation 5 and Xbox Series X/S.
Intel Corp. (INTC) saw a big jump in its shares on Thursday after President Donald Trump announced that the semiconductor giant had struck a deal with Apple Inc. (AAPL) to design and produce chips right here in the U.S.
After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performance throughout the day. The rebound on Wall Street partly reflected a positive reaction to news the U.S. and Iran have officially signed a preliminary agreement to end the Middle East war.
California stands to gain a significant increase in tax revenue from the recent SpaceX initial public offering, along with the upcoming public listings of AI companies OpenAI and Anthropic.
A new study, published in JAMA Network Open, suggests that women who are actively taking combined contraceptive pills may be more likely to experience binge eating. The study, led by researchers from Michigan State University, followed 422 women in the United States and Canada over 49 days across...
People who live in the same home share many of the same bacteria in their mouths and guts, according to a new study published in Cell Press Blue. "Who we decide to share our homes with can have a huge influence on our microbiomes, which has potential consequences for our health," commented first author...
Alphabet's (GOOG) self-driving unit Waymo is recalling 3,871 fifth-generation automated driving systems (ADS) in the U.S. after a software issue was found that could allow vehicles to enter closed freeway construction zones and continue driving through active work areas. According to a recall notice...
Stocks have moved sharply higher during trading on Thursday, largely offsetting the weakness seen late in the previous session. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the major averages are off their highs of the session but still firmly positive.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.