TODAY'S TOP STORIES

Spain will elect a new parliament in July as Prime Minister Pedro Sanchez has announced snap polls. The surprise move follows major setbacks for the ruling Socialist party in regional and local elections. In an address to the nation, Sanchez said he had recommended to King Felipe VI that the elections may be held on July 23. His decision is subject to approval by the an extraordinary cabinet m

Recep Tayyip Erdogan has been re-elected Turkey's President in the run-off. In the second round of voting held on Sunday, Erdogan secured 52. 14 percent of the votes. His main rival, Kemal Kilicdaroglu of the Republican People's Party, could win only 47.86 percent of votes, according to Turkey's Supreme Election Council. Turkey's presidential election headed to a runoff as neither of the main c

European shares rose on Monday after U.S. lawmakers reached a tentative debt limit deal to avert a fast-approaching default in early June. Trading volumes were light, with the U.S., U.K. and several European markets closed for holidays. The pan European STOXX 600 was marginally higher at 461.85...

Chipmaker Nvidia (NVDA) has been making headlines with its extensive new lineup of AI product launches and services. At the Computex conference in Taipei, NVIDIA founder and CEO Jensen Huang unveiled a range of cutting-edge equipment, software, and services. Huang launched DGX GH200, a large-memory...

European stocks are likely to open higher on Monday after U.S. lawmakers reached a deal to raise the nation's debt limit and avert a potential default, following weeks of intense talks. The bipartisan deal, a compromise between the Democratic and Republican leaders, now heads to Congress, which...

President Joe Biden and House Speaker Kevin McCarthy, R-Calif., have reached an agreement in principle to raise the debt ceiling and avoid a potentially disastrous default by the U.S. government. Biden called the deal an "an important step forward that reduces spending while protecting critical programs for working people and growing the economy for everyone."

As we step into the third month of the second quarter, let's take a quick look at the regulatory news that made headlines in May and offer you a sneak peek into the anticipated FDA decisions coming up in June.

Stocks moved sharply higher over the course of the trading day on Friday, extending the rebound seen during Thursday's session. With the continued upward move, the Nasdaq and the S&P 500 reached their best closing levels in nine months.

Vietnamese electric vehicle maker VinFast is reportedly recalling all of the first batch of vehicles it shipped to the US last year to fix a software issue. According to the National Highway Traffic Safety Administration (NHTSA), 999 of VinFast's VF 8 vehicles suffered a software error in the dashboard...

After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on Friday. The tech-heavy Nasdaq is adding to the substantial gain posted in the previous session, reaching a nine-month intraday high.

Stocks have moved sharply higher in morning trading on Friday, extending the rebound seen in the previous session. The major averages have all shown strong moves to the upside, with the tech-heavy Nasdaq reaching a new nine-month intraday high.

South Carolina Governor Henry McMaster has signed a bill into law that will ban abortion after about six weeks of pregnancy. South Carolina is the latest among a number of Republican-led states like Florida and North Carolina that have significantly curtail abortion rights in the past year.

Consumer sentiment in the U.S. deteriorated less than previously estimates in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was upwardly revised to 59.2 from the preliminary estimate of 57.7. Economists had expected the index to be unrevised.

President Joe Biden has vetoed a Republican-led congressional disapproval resolution that would have nullified crucial police reforms enacted in the District of Columbia. Biden used his veto power on House Resolution 42, a measure passed by both chambers of the U.S. Congress, that would have repealed the Comprehensive Policing And Justice Reform Amendment Act, which the D.C. Council passed in 202

Consumer price growth in the U.S. reaccelerated in the month of April, according to a report released by the Commerce Department on Friday. The report said the annual rate of consumer price growth accelerated to 4.4 percent in April after slowing to 4.2 percent in March.