TODAY'S TOP STORIES

The U.S. President and First Lady, and the Vice President and the Second Gentleman have released their 2023 federal income tax return. After restoring the bipartisan tradition of sharing presidential tax returns with the public, President Joe Biden has now shared a total of 26 years of tax returns with the country. Once again demonstrating his commitment to being transparent with the American peo

The housing starts and industrial production reports might be important on Tuesday. Fed Chair Jerome Powell and other Fed speeches scheduled today are closely watched by investors. In the Asian session, Gold dipped in Asian trading. Oil ticked higher. Early cues from the U.S. Futures Index suggest...

The Federal Aviation Administration plans to install new airfield surveillance systems in US airports to will reduce the risk of runway incursions by improving air traffic controllers' situational awareness. The Surface Awareness Initiative (SAI) system will be initially implemented in four airports by July. Austin-Bergstrom, Indianapolis, Nashville and Dallas Love Field will be the first airpo

The European Commission has adopted a proposal for providing financial assistance linked to the Ukraine Plan, Ukraine's comprehensive reform and investment strategy for the next four years. This paves way for regular financial support to Ukraine under the European Union's Ukraine Facility. Financing under the EUR50 billion Facility will help Ukraine to keep its administration running, pay salari

British MPs will vote Tuesday on a landmark legislation that aims to create a smoke-free generation, protecting children turning 15 this year or younger from harms of smoking. The Tobacco and Vapes Bill would make it an offence to sell tobacco products to anyone born after 2009 January 1. Smoking itself would not be criminalized and anyone who can legally buy tobacco today will never be prevented

President Joe Biden has pledged U.S. support for Iraq's progress towards energy self-sufficiency. The pledge came when he hosted Iraqi Prime Minister Mohammed Shiaa Al-Sudani at the White House Monday. The two leaders discussed the Iraqi government's interest in future opportunities for cooperation to ensure Iraq becomes energy self-sufficient by 2030, with help from U.S. companies. President

Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.

Shares of LM Ericsson were gaining more than 6 percent in the morning trading in Stockholm as well as around 8 percent in pre-market activity on the Nasdaq after the Swedish telecom major reported Tuesday significantly higher profit in its first quarter. Meanwhile, net sales were weak hit mainly by lower Networks sales. Further, the company said it expects sales to stabilize during the second half

European stocks were sharply lower on Tuesday amid signs of escalating tensions in the Middle East and uncertainty over the Fed's rate trajectory. Israel is weighing possible response actions to Iran's aggression, but it is not clear if a decision has been made. In economic releases, German wholesale...

The U.S. government has offered up to $6.4 billion funding to Samsung Electronics Co Ltd. to build semiconductor manufacturing and research and development facilities in Texas. This will add to South Korean tech major's proposed investment of over $40 billion in the state to build a cluster of semiconductor factories in the coming years aiming to meet the expected surge in demand from U.S...

European stocks are likely to open on a sluggish note Tuesday as investors ponder over a wider Middle East conflict and the outlook for U.S. interest rates. Israel is weighing possible response actions to Iran's aggression, but it is not clear if a decision has been made. Diplomatic options are...

Tech major Microsoft Corp. is investing $1.5 billion in UAE-based artificial intelligence or AI technology holding company G42 as part of its initiatives to accelerate AI development and global expansion. The investment would enhance the UAE's position as a global AI hub. With the collaboration, the companies expect to share the benefits of secure AI technologies and cloud capabilities with growi

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment and average earnings data for February. The jobless rate is forecast to rise to 4.0 percent in three months to February from 3.9 percent in the preceding period.

People aged 18 years and over, who have used e-cigarettes at any point in their life, are 19 percent more likely to experience heart failure compared to those who haven't used them, according to a study presented at the American College of Cardiology. "More and more studies are linking e-cigarettes...

Sleep is essential for a person's mental and physical well-being, yet a CDC report found that one in three adults in the U.S. doesn't get enough sleep. Another report by the American Medical Association revealed that approximately 30 million Americans live with insomnia. A recent study to be presented...