U.S. PCE price index rises 0.7% in March, matching analyst expectations. The core PCE index, excluding volatile food and energy costs, increased 0.3% for the month and 3.2% year-over-year.

Allegiant Air completes acquisition of Sun Country Airlines. The merger combines two low-cost carriers as the budget airline industry faces significant market turbulence following the recent collapse of Spirit Airlines.

Allegiant Air has finalized its acquisition of Sun Country Airlines, merging two low-cost carriers amid ongoing instability in the budget airline sector.

Honda reports its first operating loss in nearly 70 years, posting a 414.3 billion yen deficit for the 2026 fiscal year following a major revision to its electric vehicle strategy and significant asset write-downs.

Honda reported an operating loss of 414.3 billion yen ($2.6 billion) for the fiscal year ending March 31, 2026, marking its first such loss in nearly 70 years due to significant write-downs related to its electric vehicle strategy.

Britain's economy grows unexpectedly in March, capping a strong first quarter despite Iran war concerns. Economists note seasonal distortions may be flattering the figures.

Britain's economy saw unexpected growth in March, concluding a strong first quarter, suggesting better economic health despite escalating Iran war concerns, though economists note seasonal distortions may be flattering the figures.

India's wholesale inflation accelerates to 8.30% in April, surpassing market expectations of 5.50% and the previous month's 3.88% reading.

India's wholesale price index rose by 8.30% year-on-year in April, significantly exceeding the 5.50% estimate and the previous month's 3.88% figure.