Surge

• Nifty Microcap 250 index jumped 16.2% in April 2026, leading midcaps at 10.7% and smallcaps at 13.4% gains. • Nifty 50 advanced 5.8% and Nifty 100 rose 7%, driven by price momentum despite macro risks and FII outflows. • Rally decoupled from fundamentals, with stable earnings but persistent currency weakness and global pressures.

• The United States national debt has reached $38,967,833,861,543 as of May 1, 2026, driven by continued spending by the White House and Congress. • The debt is on track to double over the next three decades amid fiscal pressures and ongoing government expenditures. • This trajectory reflects a critical macroeconomic challenge as American taxpayers face increasing obligations tied to the nation's long-term fiscal sustainability.

• Anthropic's valuation skyrocketed from $61B to $900B in approximately 14 months, reflecting unprecedented investor interest in the AI company's capabilities and growth trajectory. • The valuation surge is driven by strong revenue performance and investor confidence in Anthropic's AI models and research, positioning it as a formidable competitor to OpenAI in the generative AI market. • The rapid ascent demonstrates the intensifying capital competition in frontier AI development, with major investors backing multiple AI startups to hedge bets on the technology's transformative potential.

Advertised prices for new rental listings rising at fastest pace since October 2024. Follow updates Get our breaking news email, free app or daily news podcastAustralia’s housing market is at its slowest for almost 18 months as buyers stick to cheaper properties and abandon interest in the top end of the market.Figures today from the data firm Cotality show Melbourne and Sydney house prices fell 0.6% in April. Melbourne’s home values have now fallen 1.9% since November, with Sydney’s down 1%. Continue reading...

• The US life sciences industry gained momentum in 2026 despite NIH cuts and trade threats, fueled by AI advancements and major pharma deals. • Karius's AI genomic tests for immunocompromised patients detect 50% more pathogens in one day, analyzing millions of DNA reads after testing over 100,000 cases. • Biotech winter ended, shifting focus to preventive health via AI, data, and precise therapeutics amid administration priorities.

US president said he was instead nominating radiologist and Fox News contributor Dr Nicole Saphier for the postSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump on Thursday pulled his nominee to become the US surgeon general, Casey Means, and replaced her.The US president said that Means will continue to fight for the so-called Make America Healthy Again (Maha) movement spearheaded by health secretary Robert F Kennedy Jr. He stated this was despite opposition from Bill Cassidy, the Republican US senator of Louisiana, to Means’s nomination. Continue reading...

People with meniscus tears who underwent surgery had poorer knee function and worse osteoarthritis after 10 years than those who did notA common knee surgery for cartilage damage does not benefit patients and may lead to worse outcomes, a 10-year trial suggests.The study tracked outcomes for patients treated for a meniscus tear, who were given a partial meniscectomy, one of the most common orthopaedic surgeries. Their trajectories were compared with patients who had randomly been assigned to receive “sham surgery”, in which no procedure was carried out. Continue reading...

• Backers introduced over three dozen bills in statehouses to expand raw milk access, despite public health warnings and at least five outbreaks in the past year. • Current E. coli outbreak linked to raw milk cheddar cheese from California-based Raw Farm has sickened nine people, half children under 5, with one developing lifelong kidney complications. • Public health officials warn unpasteurized milk harbors risky germs, alarming experts as more states legalize sales.

Four years after president’s pledge, his would-be successors are divided on how to tackle rising guerrilla attacksThe landmark 2016 peace deal between the Colombian government and the largest insurgent army in Latin America succeeded in some ways: the Revolutionary Armed Forces of Colombia (Farc) agreed to lay down their weapons, and the violence that had racked the country was substantially reduced.But the deal alone could not end the decades-long armed conflict for good. Subsequent administrations slow-walked the implementation of the settlement, which was rejected by Farc dissidents and other rebel factions. Continue reading...

Blockade threat in vital strait and Trump’s stance lift crude, pushing pump prices to highest level since 2022Sign up for the Breaking News US email to get newsletter alerts in your inboxAverage US gas prices have hit a new high at $4.23 per gallon, their highest since 2022 and a record since the start of the war with Iran, according to the motor club AAA.The price of Brent crude, the benchmark that influences the price of US gasoline prices, now stands at $114.60 a barrel, up nearly 25% from the recent low since mid-April. US gas prices a year ago averaged $3.16. Continue reading...

Rising oil prices are cutting into incomes for more than 2 million people across the country’s fishing sector, as costs climb and catches fall.

Oil prices surged after negotiators remained gridlocked over reopening of strait of Hormuz, sending prices $1 higher than last yearUS gas prices rose to their highest level in four years on Thursday, reaching an average $4.18 a gallon at the pump as US-Israeli peace talks with Iran remain at a standstill.The last time average US gas prices breached $4.15 a gallon was in April 2022, when oil prices soared shortly after Russia invaded Ukraine. Average gas prices are now $1 higher than just a year ago, when they were closer to $3.15 a gallon. Continue reading...

Pirates appear to be taking advantage of international naval strength being diverted elsewhere in regionThree vessels have been hijacked off the coast of Somalia in the past week, raising fears of a resurgence in piracy around the Horn of Africa – and adding to the woes of the global shipping industry.The merchant vessel Sward was taken over on 26 April, a day after a dhow was seized. These followed the 21 April hijacking of Honour 25, a motor tanker carrying 18,000 barrels of oil, according to the Maritime Security Centre Indian Ocean (MSCIO), the tracking service of the EU’s naval force. Continue reading...

Coordinated attack by JNIM and the Tuareg minority inflicted significant casualties on government forces and Russian auxiliariesWhen al-Qaida-affiliated Islamic militants launched a series of attacks on military bases and raids into major towns in Mali and neighbouring Burkina Faso last summer, observers suggested they had been inspired by their counterparts in Syria, who had overthrown the regime of Bashar al-Assad and taken power six months or so earlier.Despite the tactical successes that earned them the fearful title of the “Ghost Army”, seizing swathes of territory and denying cities and the military of fuel and other essentials, the chances of Jama’at Nusrat ul-Islam wa al-Muslimin (JNIM) definitively defeating Mali’s military regime and the thousand or so Russian mercenaries hired to defend it looked poor. Continue reading...

Military intelligence chief reportedly also killed in sweeping attacks by jihadists and separatist rebelsMali has been left reeling from sweeping attacks by jihadists and separatist rebels who seized several towns and military bases and killed the defence minister and military intelligence chief.The weekend assault on the west African state’s security architecture was coordinated by al-Qaida-affiliated Jama’at Nusrat al-Islam wal-Muslimin (JNIM) and the separatist Tuareg-led movement Azawad Liberation Front (FLA) – former foes with distinct agendas. Continue reading...

• Delta Air Lines reported first-quarter net income of $1.8 billion, up 22% year-over-year, benefiting from strong leisure and business travel demand with average fares rising 8% despite lower capacity growth across the industry. • CEO Ed Bastian stated that forward bookings through summer 2026 indicate "resilient demand," with premium cabin bookings up 15%, offsetting concerns about potential economic slowdown and suggesting corporate travel spending remains solid. • The strong results bolstered airline sector sentiment, lifting Southwest Airlines and United Airlines stocks by 2.4% and 1.9% respectively on optimism about sustained pricing power and margin expansion through peak summer travel season.

• U.S. stock futures fell late Sunday with Dow Jones Industrial Average futures down 130 points or 0.3%, S&P 500 futures and Nasdaq-100 futures also declining after record highs on Friday. • West Texas Intermediate crude futures rose 2% above $96 per barrel following collapsed U.S.-Iran talks announced Saturday. • The Federal Reserve's interest-rate committee meets Tuesday-Wednesday, with Chair Jerome Powell's likely final press conference anticipated amid market highs.

Car bomb kills Sadio Camara at home during coordinated assaults by rebel groups including West African al-Qaida affiliateMali’s defence minister was killed in an attack on his residence, the government said on Sunday, a high-profile fatality during coordinated assaults staged the previous day by insurgents including the West African affiliate of al-Qaida.A car laden with explosives driven by a suicide attacker drove into Sadio Camara’s residence in the town of Kati, the spokesperson, Issa Ousmane Coulibaly, said in a statement read out on state television. A firefight ensued, and Camara sustained injuries from which he later died in a hospital, Coulibaly said, adding that Mali would observe two days of mourning. Continue reading...

• US stock indexes rose on April 22, 2026, with the S&P 500 up 0.9% nearing its all-time high, Dow Jones Industrial Average gaining 317 points or 0.7%, and Nasdaq composite jumping 1.3%. • Brent crude oil surged 3.6% to $102.04 per barrel due to uncertainty over the US-Iran war impacting Persian Gulf petroleum flows. • Corporate earnings boosted shares: GE Vernova soared 12.1% after exceeding first-quarter profit expectations, Boston Scientific rallied 8.6%, Boeing climbed 5.7%, and Philip Morris rose 6.9%.

CSIRO researcher says there are reports of up to 4,000 mouse burrows per hectare in parts of Western AustraliaGet our breaking news email, free app or daily news podcastGrain growers are on high alert as mouse numbers in Western Australia reach plague proportions and numbers surge in South Australia.Steve Henry, who researches mice and their impact on the grain industry at CSIRO, says more than 800 mice per hectare is considered a plague. Continue reading...

• U.S. stock futures fell 0.46% Monday morning as Iran declined to engage in peace talks with the Trump administration, escalating geopolitical tensions. • Oil prices climbed to $95 per barrel, up from $86 three days prior, reflecting market concerns over potential supply disruptions from the Iran conflict. • Despite the geopolitical headwinds, markets have shown resilience with strong corporate earnings growth at 17% annually offsetting valuation pressures.

• US stocks demonstrated resilience amid Iran geopolitical tensions and high energy prices, with the S&P 500 up nearly 2% year-to-date by April 14, just 1% below its January 27 all-time high. • The index's maximum drawdown stayed under 10%, cushioned by forward earnings estimates growing at a 17% annual rate despite a 20% drop in P/E ratios. • S&P 500 profit margins hit new highs around 15% in early April, driven by broad fundamentals including AI and the One Big Beautiful Bill Act effects, not just energy sector gains.

• Fraud incidents continue climbing at US banks even with substantial spending on advanced detection tools and analytics. • The gap highlights limitations in current tech defenses against evolving fraudster tactics. • This trend matters as it pressures financial institutions to innovate faster, amid rising economic impacts from cyber fraud.

• Brazil's environmental ministry unveiled a $2 billion five-year initiative on April 18 to combat illegal logging and deforestation in the Amazon, deploying 5,000 additional environmental enforcement officers. • Satellite data from March 2026 showed a 22% increase in forest loss compared to the same month last year, driven by cattle ranching expansion and illegal mining operations, according to the Amazon Surveillance System. • The plan includes indigenous land rights recognition and community-based conservation incentives, representing a significant shift from previous policies that had weakened protections.

• Stocks surged following the reopening of the Strait of Hormuz amid a 10-day Israel-Lebanon ceasefire and President Donald Trump's blockade measures, signaling reduced energy supply constraints. • The market reaction reflects investor optimism over improved shipping lanes and normalized energy flows, with financial commentators attributing the gains to Trump's diplomatic efforts. • The reopening of this critical global shipping chokepoint addresses a major source of market volatility tied to Middle East tensions.

• Brent crude oil settled 4.7% higher at $99.39 per barrel on April 16 amid caution over Iran war. • Prices have risen from $70 pre-war to peaks near $119 due to Strait of Hormuz disruptions. • The climb tempers market optimism, highlighting persistent energy supply risks.

Schwartz was deputy surgeon general under Trump’s first administration and is a rear admiral in the US Coast GuardDonald Trump announced Thursday that he has selected Erica Schwartz to lead the Centers for Disease Control and Prevention (CDC), bringing to an end a months-long search for a permanent head of the troubled public health agency.Trump revealed his choice on Truth Social, saying: “I am pleased to announce the new leadership of the Centers for Disease Control and Prevention (CDC). It is my Honor to nominate the incredibly talented Dr Erica Schwartz, MD, JD, MPH, as my Director of the CDC,” he wrote. “She is a STAR!” Continue reading...