logo
Top Stories
56
45
cpscrecall apr 26 lg

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including earmuffs, racer car toys, log splitters and cylinder kits, hampshire cribs, and air rifles, citing various reasons. 3M Co. has recalled Peltor X4 Series Earmuffs citing...

uspersonalconsumptionexpenditurespriceindex 26042024 lg

Closely watched readings on inflation released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of March. The Commerce Department said its consumer price index rose by 0.3...

chipproduction apr 26 lg

President Joe Biden announced that the Department of Commerce has reached a preliminary agreement with Micron Technology, Inc. to provide $6. 14 billion in direct funding under the CHIPS and Science Act. Using the federal funding, paired with its investment...

wallstreet aug27 07jun23 lg

Stocks moved sharply higher during trading on Friday, largely offsetting the weakness seen during Thursday's session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The major averages pulled back...

asianmixed jun27 21apr24 Asian stock markets are trading mostly higher on Monday, following the mixed cues from global markets on Friday, as easing geopolitical tensions in the Middle East lifted market sentiment. Some traders also picked up stocks at a bargain after the sell-off last week. However, interest rate concerns linger after another US Fed official signaled a longer timeline for interest rate cuts.
European stocks are likely to open on a steady note Monday as geopolitical tensions in the Middle East eased, given Iran's tamed response to Israel's apparently small strike against the country. Asian markets rebounded while gold and the safe-haven...
chinacentralbank jul20 22apr24 China maintained its benchmark lending rates unchanged as expected after the economy showed signs of improvement at the start of the year. At a monthly fixing on Monday, the People's Bank of China kept the one-year loan prime rate at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.95 percent.
Asian stocks rebounded on Monday, while the dollar, oil and gold all pulled back from their recent highs as fears of a wider conflict in the Middle East ebbed. Investors gravitated back towards riskier assets after Iran played down Israel's reported...
Read More
kamalaharris apr 26 Vice President Kamala Harris has announced that she will embark on a nationwide Economic Opportunity Tour with a series of events focused on investing in communities, building wealth, and ensuring every American has the freedom to thrive. The Vice President's tour will take her back to several states across the country as she highlights how the Biden Administration has built economic opportunity
Read More
New evidence from the World Health Organization shows the extensive overuse of antibiotics during Covid-19 pandemic worldwide, which may have exacerbated silent spread of antimicrobial resistance (AMR). While only 8 percent of hospitalized patients with Covid-19 had bacterial co-infections requiring antibiotics, some 75 percent of patients have been treated with antibiotics 'just in case' they he
Read More
cpscrecall apr 26
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including earmuffs, racer car toys, log splitters and cylinder kits, hampshire cribs, and air rifles, citing various reasons. 3M Co. has recalled Peltor X4 Series Earmuffs citing risk of overexposure to loud noise and sound, while Santa Monica, California -based JAKKS Pacific Inc. has called back children's Mario Kart...
Read More
Economic Calendar
DateIndicatorPeriodCountry
04/26/24 13:0Baker Hughes - Rig CountAPR 25 United States
04/26/24 10:0Univ. of Mich. Consumer Confidence IndexAPR United States
04/26/24 8:30Core PCE Deflator (Y-o-Y)MAR United States
04/26/24 8:30Core PCE Deflator (M-o-M)MAR United States
04/26/24 8:30PCE Deflator (Y-o-Y)MAR United States
04/26/24 8:30PCE Deflator (M-o-M)MAR United States
View All

A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

View More Videos
Cryptocurrencies traded firm above the flatline despite the much-awaited PCE-based inflation readings throwing negative surprises. Read More
World Health Day, observed annually on April 7th, provides an opportunity to focus on key public health issues. This date also commemorates the founding anniversary of the World Health Organization (WHO) in 1948. The theme for World Health Day 2024 is 'My health, my right', which underscores the significance of individual health empowerment. Read More
Gilead Sciences, Inc. (GILD) announced Friday the U.S. Food and Drug Administration (FDA) approved an updated label with additional data reinforcing the safety and efficacy profile of Biktarvy (bictegravir 50 mg/emtricitabine 200 mg/tenofovir alafenamide... Read More
Follow RTT