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today's top stories

  • US Sanctions Persian Gulf Strait Authority Extorting Toll In Strait Of Hormuz May 28, 2026 07:40 ET

    The U.S. Government has imposed sanctions on Persian Gulf Strait Authority, an Iranian government agency responsible for the authorization and regulation of maritime transit through Iranian waters. It was launched on May 5 as the U.S. warships entered the Strait of Hormuz to enforce blockade of Iranian ports. After the U.S. attacked Iran, Iran declared that vessels would be required to pay for s

  • Iran Says It Targeted US Air Base In Reply To Fresh Strikes May 28, 2026 06:46 ET

    US forces launched air raids in Iran for the second time in three days, evoking retaliation by the Islamic Revolutionary Guard Corps. The most powerful branch of the Iranian military IRGC said it has targeted an American air base in the region, alleging that the US strikes on Iranian targets hours before originated from there. Kuwait, where the United States has a military base, said it had int

  • Eurozone Economic Confidence Rises Unexpectedly May 28, 2026 06:18 ET

    Eurozone economic confidence improved unexpectedly in May on rising sentiment among consumers and service providers, survey results from the European Commission showed Thursday. The economic sentiment index rose to 93.5 in May from 93.2 in the previous month. The score was expected to fall to 92.8.

  • European Shares Edge Lower As US-Iran Tensions Escalate May 28, 2026 05:30 ET

    European stocks edged lower on Thursday after the U.S. conducted fresh self-defense strikes in southern Iran and Tehran also targeted strikes on a U.S. air base, driving up global oil prices and reviving inflation concerns. The pan-European STOXX 600 fell 0.7 percent to 623.91 after ending marginally...

  • Top Biotech Gainers: QTTB Has A Good Hair Day, GH Wins ACS Recommendation, Ebola Lifts SNGX, NNVX May 28, 2026 04:11 ET

    Today's Top Gainers list features Q32 Bio, which announced a $55 million private placement financing; Soligenix, which is exploring the suitability of its ThermoVax platform to fight the Bundibugyo strain of Ebola virus; P3 Health Partners, which recently reported strong quarterly results; and Editas Medicine, which is advancing its pipeline.

  • European Shares Poised For Lower Open After New US Strikes On Iran May 28, 2026 01:38 ET

    European stocks are seen opening lower on Thursday as investors weigh renewed U.S.-Iran tensions and await the release of the Fed's favorite inflation gauge, the core PCE price index, later in the day for fresh clues on the monetary policy path forward under new chair Kevin Warsh. Amid elevated energy...

  • Google Unveils New Controls For Search History And Personalization May 27, 2026 17:20 ET

    Alphabet Inc. (GOOG) is rolling out a couple of fresh settings for Search that aim to help users take charge of their saved activity and tailor their recommendations across different services.

  • Google Details Fixes And Improvements Coming To Google Health After User Backlash May 27, 2026 17:02 ET

    Alphabet Inc. (GOOG) has shared a roadmap detailing the fixes and feature enhancements coming to its revamped Google Health app, following a wave of criticism from former Fitbit users after the major redesign was rolled out.

  • U.S. Stocks Finish Choppy Trading Day Modestly Higher May 27, 2026 16:14 ET

    Stocks turned in a relatively lackluster performance during trading on Wednesday but managed to end the day modestly higher. The Dow led the way higher, reaching a new record closing high along with the Nasdaq and S&P 500. The major averages all ended the day in positive territory.

  • New Wearable Ultrasound Patch For Monitoring Babies In The Womb May 27, 2026 15:53 ET

    A team of researchers from Stanford University and the University of Oxford has created a wearable ultrasound patch that continuously monitors babies during pregnancy. They believe this could help catch complications sooner and lower the risk of stillbirths.

  • Canada Tightens Border Controls Amid Rising Ebola Cases In Africa May 27, 2026 13:54 ET

    The Canadian government is introducing new border rules to stop Ebola from spreading into the country as cases continue to increase in the Democratic Republic of the Congo, Uganda, and South Sudan. Starting this week, travelers coming from the affected regions will be required to self-isolate for...

  • Cruise Ship Hantavirus Outbreak Grows To 13 Cases As Spain Confirms Another Infected Passenger May 27, 2026 12:52 ET

    The World Health Organization (WHO) said on Wednesday that the number of Hantavirus cases linked to an outbreak on a cruise ship has risen to 13 after Spain reported one more case. The new patient is a Spanish passenger who has been in quarantine at Madrid's Gómez Ulla Central Defense Hospital since...

  • U.S. Stocks Showing A Lack Of Direction Following Recent Strength May 27, 2026 11:20 ET

    Stocks have shown a lack of direction over the course of the trading session, with the major averages bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance. The choppy trading on Wall Street comes as traders express some uncertainty about the near-term outlook for the markets following recent strength.

  • DICK'S Sporting Cuts FY26 Earnings View, Backs Adj. EPS, Sales Forecast After Q1 Growth; Stock Down May 27, 2026 09:46 ET

    Shares of of DICK'S Sporting Goods Inc. were losing around 3 percent in the early morning trading on the NYSE after the sports retailer on Wednesday lowered fiscal 2026 outlook for earnings, despite higher first-quarter results. Further, the firm maintained forecast for annual adjusted earnings per share and net sales, and raised the expectations for comparable sales growth for the segments.

  • Futures Pointing To Continued Strength On Wall Street May 27, 2026 08:48 ET

    After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Technology stocks may help lead the way higher once again, as reflected...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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