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today's top stories

  • spotify 28042025 lg Spotify Pays Over $100 Mln To Podcasters In Bid To Challenge YouTube's Dominance April 28, 2025 17:04 ET

    Spotify has paid podcast creators and publishers more than $100 million since January 2025, the company revealed ahead of its first-quarter earnings report.

  • temu 28042025 lg Temu Passes Trump's Tariffs To U.S. Shoppers, Doubling Prices And Eroding Appeal April 28, 2025 16:58 ET

    Chinese online retailer Temu is hitting American consumers with steep import charges, after former President Donald Trump's sweeping 145% tariffs on Chinese goods took effect. The added fees have, in many cases, more than doubled the final cost of popular low-priced items, undermining Temu's core value proposition.

  • wallstreet sep4 20jun23 lg U.S. Stocks Close Little Changed Following Another Volatile Session April 28, 2025 16:07 ET

    Stocks fluctuated over the course of the trading day on Monday, extending the volatility seen during last Friday's session. After showing a lack of direction early in the session, stocks came under pressure in late morning and early afternoon trading before rebounding going into the end of the day. The major averages eventually ended the day narrowly mixed.

  • chicken 28042025 lg What Are The Hidden Risks Of Eating Too Much Chicken? April 28, 2025 14:14 ET

    A new study by Italian scientists found that poultry consumption may carry health risks, challenging the common belief that white meat is always a safer choice. The research, published in the journal Nutrients, tracked the diets of nearly 5,000 people over two decades, from 2006 to 2024. The study...

  • foods 28042025 lg Global Study Reveals Deadly Impact Of Ultra-Processed Foods On Public Health April 28, 2025 13:50 ET

    A new study has linked more than 124,000 preventable, premature deaths in the United States over two years to the adverse health effects of consuming ultra-processed foods (UPFs). The study, led by Brazilian researchers, analyzed data on UPF consumption from several countries, including the United...

  • wallst 032918 07jun23 lg U.S. Stocks Turning In Lackluster Performance After Last Week's Rally April 28, 2025 10:56 ET

    After turning in a strong performance last week, stocks have shown a lack of direction over the course of the trading session on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are narrowly mixed.

  • russiasuspends 28042025 lg Russia To Suspend Ukraine Attacks For 3 Days From May 8 April 28, 2025 10:06 ET

    Russian President Vladimir Putin has declared a unilateral three-day ceasefire in Ukraine, beginning on May 8. The Kremlin said in a statement Monday that the ceasefire was announced to coincide with World War II Victory Day commemorations, and "based on humanitarian considerations". At the same time, the Kremlin warns that if Ukraine violates the ceasefire, the Russian forces will give "an adeq

  • houthiskilleds 28042025 lg Hundreds Of Houthis Killed, Armament Destroyed In US Strikes April 28, 2025 10:05 ET

    The U.S. Central Command has announced that hundreds of Houthi fighters and many of its leaders, including senior Houthi missile and UAV officials, were killed in air strikes launched at more than 800 targets in Yemen since March 15. The strikes have destroyed multiple command-and-control facilities,...

  • wyomingairport 28042025 lg FAA Grants $8.25 Mln To Modernize Wyoming Airport April 28, 2025 09:56 ET

    The U.S. Department of Transportation's Federal Aviation Administration has announced $8.25 million for Southwest Wyoming Regional Airport in Rock Springs to modernize the airport terminal and upgrade the heating and cooling system. Money from these grants will be used to continue the ongoing terminal...

  • wallstreet sept13 21jun23 lg Futures Pointing To Roughly Flat Open On Wall Street April 28, 2025 08:51 ET

    Following the strong upward move seen last week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may be reluctant to make...

  • dominospizza 28042025 lg Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops April 28, 2025 08:42 ET

    Domino's Pizza Inc. announced Monday higher earnings in its first quarter, above market estimates, amid revenue growth. Meanwhile, the largest pizza company in the world recorded weak income from operations and U.S. same store sales, and its top line missed the Street view. In pre-market activity on the Nasdaq, Domino's Pizza shares were losing around 2.6 percent.

  • Wall Street Poised To Open Moderately Down April 28, 2025 08:41 ET

    Early signs from the U.S. Futures Index suggest that Wall Street might open moderately lower. Asian shares finished mixed, while European shares are gaining. The monthly jobs report and other Fed preferred inflation readings might be important this week. Major corporates such as Apple (AAPL),...

  • twoinvestors 28042025 lg AnaptysBio Gears Up For Key Trial Readouts In Rheumatoid Arthritis And Lung Cancer April 28, 2025 06:10 ET

    Shares of AnaptysBio Inc. (ANAB) are down over 50% from their 52-week high of $41.31, recorded last August, with the stock now hovering around the $20 level.

  • European Shares Edge Higher In Cautious Trade April 28, 2025 05:00 ET

    European stocks traded higher on Monday as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results. Heavyweights such as Visa, Coca-Cola, Eli Lilly...

  • European Shares Seen Opening Up In Cautious Trade April 28, 2025 01:36 ET

    European stocks are likely to open on a steady note Monday after U.S. stocks posted their longest advance in three months on Friday amid signs of easing trade tensions and bets the Federal Reserve will cut interest rates as early as June, as the American economy softens. U.S. stock futures ticked...

Global Economics Weekly Update - April 14-18, 2025

April 18, 2025 13:26 ET
Some key data were released this week amid the escalating tariff war between the U.S. and other countries. Retail sales data from the U.S. revealed that consumers have started to prepare for a future increase in prices and factory activity has started to get hurt due to a fall in export demand. In Europe, the European Central Bank rate decision and inflation data from the U.K. were the highlights. News flow in Asia this week was dominated by the first quarter economic growth data from China.