Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
PayPal's stock climbed roughly 4% Wednesday afternoon after reports said the company will separate Venmo into its own standalone business unit as part of a larger corporate reorganization. The change will establish three operating segments - Venmo on its own, a PayPal-branded merchant-and-consumer arm, and a payment services division encompassing B…
Summary: Russia's economy contracted by 0.3% in the first quarter, the first quarterly decline since early 2023, according to preliminary Economy Ministry data. Officials and analysts attributed the drop to a mix of tight monetary conditions, higher taxes, adverse weather for construction, labour shortages and a strong rouble. The performance promp…
Phillips 66 reported an adjusted profit for the first quarter after stronger refining margins, higher utilization and commercial upside helped the company move from a large refining loss a year earlier to a profitable quarter, despite significant mark-to-market losses on hedges caused by rising commodity prices.
Traders continued to price in no interest-rate cuts this year and likely not until well into the next year after the Federal Reserve kept its policy rate unchanged at the April policy meeting. The decision included three public dissents opposing the central bank's signaling of an 'easing bias,' while market-implied odds of cuts were largely erased …
A draft of SpaceX’s initial public offering prospectus indicates Starlink’s average revenue per subscriber dropped 18% to $81 per month from 2023 to 2025 even as its consumer subscriber base increased fourfold. The company attributes the decline to lower-priced plans and geographic expansion outside North America and expects ARPU to keep falling in…
On April 29 the Federal Reserve elected to keep its policy rate at 3.50%-3.75% in an 8-4 vote. The statement shifted its language to note that inflation is elevated in part because of higher global energy prices and flagged heightened uncertainty stemming from developments in the Middle East. Three regional presidents opposed inclusion of an easing…
The Federal Reserve left its policy rate at 3.50%-3.75% for the third consecutive meeting. The decision featured four dissenting votes - the most since September 1992 - as officials wrestled with higher headline inflation linked to surging oil prices and a labor market described as 'low hire, low fire.' Attention now turns to Chair Jerome Powell's …
U.S. Transportation Secretary Sean Duffy suggested that a small passenger fee might provide a reliable mechanism to fund ongoing modernization of the Federal Aviation Administration's air traffic control system. Speaking at an event hosted by American Airlines, Duffy said such a fee would offer an alternative funding pathway when congressional acti…
John B. Williams, a member of the Board of Directors at Associated Banc-Corp (NASDAQ:ASB), has completed a sale of company stock totaling $112,700. The transaction took place on April 28, 2026, marking a notable movement in insider holdings for one of the firm's directors.The sale consisted of 4,000 shares of common stock, which were transacted at …
Stocks moved unevenly on Wednesday as company-specific news and quarterly updates drove sharp gains in some names and steep declines in others. Mega-cap technology and payments firms such as Intel and Visa led the advances, while several large- and mid-cap companies, including Teradyne and GE Healthcare units, weighed on indices. The day’s action p…
Traders face a dense schedule of U.S. economic releases on Thursday, April 30, 2026, led by the advance Gross Domestic Product report, Initial Jobless Claims and the Core Personal Consumption Expenditures Price Index. The suite of data arriving at 8:30 AM ET will illuminate growth, employment and inflation trends, while later releases including the…
NorthEast Community Bancorp, Inc. reported net income of $10.0 million for Q1 2026, slightly down from $10.6 million a year earlier. The company highlighted strong growth in construction loans within key regional markets, with construction loan commitments increasing 37.8% over the prior year. Asset quality remains excellent with no non-performing …
United Airlines CEO Scott Kirby said on Tuesday that pursuing a merger with a smaller carrier may not justify the effort involved, while restating his ambition for a potential combination with American Airlines. Kirby emphasized the operational and management strain of integrating a small airline, declined to comment on speculation about JetBlue, a…
The Kremlin said Russia will continue participating in OPEC+ after the United Arab Emirates announced it would leave the grouping, expressing hope the producer alliance can continue functioning despite heightened tensions in energy markets. Russian officials cautioned that uncoordinated policy following the UAE’s departure could lead to increased p…
The aircraft carrier USS Gerald R. Ford is set to leave the Middle East in the coming days to return to the United States, ending a roughly 10-month deployment that involved about 4,500 sailors. Its exit will reduce the U.S. carrier force in the region while two other carriers continue operations, including enforcement of a blockade aimed at vessel…
The United Arab Emirates’ decision to leave OPEC and OPEC+ exposes a widening strategic and personal rupture with Saudi Arabia, driven by disputes over output quotas, differing regional policies and heightened security concerns following recent conflict involving Iran. UAE officials frame the move as a recalibration of national interests and capaci…
EU regulators have issued preliminary charges under the Digital Services Act against Meta Platforms, saying Facebook and Instagram failed to sufficiently prevent children under 13 from accessing the services. The move follows a two-year probe by the European Commission. Meta disputes the findings and says it will respond and announce further measur…
OPEC+ ministers are expected to sign off on a modest oil production quota rise of around 188,000 barrels per day at a meeting on Sunday, according to multiple anonymous sources. The proposed increase mirrors last month’s adjustment less the share of the United Arab Emirates, which is leaving the group on May 1. The decision would come as Gulf expor…
Bill Ackman’s Pershing Square USA closed-end fund began trading on the New York Stock Exchange, offering retail investors entry to a hedge-fund-style, stock-picking strategy at $50 per share. The offering raised roughly $5 billion and expands Pershing Square’s assets to about $25 billion. Ackman also listed his management company on the NYSE. The l…
Universal Music Group said it will divest half of its holding in Spotify and raise its total share repurchase program to €1 billion, adding a second €500 million buyback once an existing program completes. The announcement arrives amid an activist approach from Pershing Square that has proposed acquiring the company and highlighted concerns about t…
Peter Magyar, Hungary’s incoming prime minister, said he will sign a political agreement at the end of May intended to free roughly €10 billion in European Union recovery money. Magyar described discussions with European Commission President Ursula von der Leyen as "extremely productive and successful," and von der Leyen said the commission stands …
President Donald Trump met with U.S. oil company executives to discuss measures to extend a potential months-long naval blockade of Iran’s ports and to mitigate its effects on American consumers. The talks came as oil prices jumped, Iran threatened unprecedented military action in response to continued blockading of ships linked to Tehran, and Tehr…
Regeneron Pharmaceuticals shares declined about 5.24% after the company reported a 10% year-over-year decrease in first-quarter sales of its flagship eye drug Eylea, with Eylea sales of $941 million and headwinds concentrated in the higher-dose Eylea HD. Analysts and the market cited regulatory timing for a second contract manufacturer and a clinic…
A foiled armed attack near the White House Correspondents' Association Dinner has sharpened scrutiny of the century-old gala, reviving long-standing ethical concerns about journalists socializing with officials and raising new questions about security for high-profile media events. Organizers say they will review the incident as officials and comme…
Russian President Vladimir Putin and U.S. President Trump held a phone conversation on Wednesday that lasted more than 1.5 hours, according to Kremlin aide Yuri Ushakov. The aide characterized the exchange as friendly and businesslike and said the leaders discussed Iran's nuclear program, a proposed Ukraine ceasefire and potential economic and ener…
