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Mon, Aug 10, 2026 03:57 AM All times are UTC

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U.S. ISM non-manufacturing index falls in April

May 03, 2019 19:51 pm UTC| Commentary

The U.S. ISMs non-manufacturing composite dropped 0.6 points to 55.5 in April, as compared with consensus expectations of 57. With the April reading, the index seems to be tracking the low end of the wide range of readings...

U.S. trade deficit widens in March, wholesale inventories remain stable

May 03, 2019 18:33 pm UTC| Commentary

The advance estimates of U.S. trade data show that the goods trade deficit widened to USD 71.4 billion in March from USD 70.9 billion in the prior month. The March estimate was slightly below the widening expected by the...

U.S. service sector business activity rises slowly in April, PMI index falls to 53

May 03, 2019 17:12 pm UTC| Commentary

The U.S. service sector business activity rose slowly in April, showed the IHS Markit data. The seasonally adjusted headline index dropped to 53 from Marchs 55.3. The latest growth was widely consistent with the earlier...

U.S. labor market continues to be strong in April, jobless rate falls to lowest in nearly 50 years

May 03, 2019 14:19 pm UTC| Commentary

The U.S. economy added 263k new jobs in April, much above analysts expectations of a rise of 190k. The jobless rate dropped to 3.6 percent, the lowest in nearly 50 years. Strength was fairly widespread, with hiring...

U.K. services PMI index rises in April

May 03, 2019 13:45 pm UTC| Commentary

The U.K. services PMI rose in the month of April. The headline PMI index rose to 50.4, as compared with consensus expectations of 50.3 and Marchs print of 48.9. Still, the services PMI, around these levels, continues to be...

Euro area core inflation accelerates above expectation in April

May 03, 2019 12:47 pm UTC| Commentary

Euro area core inflation accelerated temporarily in April, coming above market expectations. On a year-on-year basis, core inflation accelerated to 1.2 percent from prior months 0.8 percent. Consensus expectations were a...

Digital Currency Revolution Series: Surge in Bitcoin OTC Volumes as Bulls Extend Rallies

May 03, 2019 12:12 pm UTC| Digital Currency Research & Analysis Insights & Views Commentary

Despite the fact that the crypto industrys bullish momentum seems to have shrunk away last week amid the speculationsproliferated concerning thedisputable stable-coin Tether and relevant cryptocurrency exchange Bitfinex,...

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Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...