The US consumer sentiment declined to 82.9 in May from 88.3 in April, a report published by the University of Michigan shows.
The China Securities Regulatory Commission approved initial public offerings of five technology companies on the Shanghai Stock Exchange.
The Greek economy is expected to expand 4.8% in 2022, the Bank of Greece Governor Yannis Stournaras says.
Pfizer plans to generate $15B in revenue from sales of its COVID-19 vaccine developed together with the German partner BioNTech.
The US electric-truck producer Rivian Automotive Inc stated on Friday that it would aim for $70B valuation at its possible initial public offering.
The US President Joe Biden stated on Friday that government spending on education and infrastructure must be increased while the cost of borrowing remained cheap.
Colonial Pipeline stated on Friday that it had fully solved all problems with network disruptions.
On Friday, 3M Co won a trial, thus proving that it did not cover up defects of design in its military's earplugs.
According to a Chinese think-tank, Washington and Beijing might agree to increase tariff exclusions in order to ease tensions.
The US Treasury Secretary Janet Yellen expects higher inflation later this year as the US economy continues to recover from the COVID-19 pandemic.
The economy of Brazil performed better than forecasted in the first three months of 2021, data published by the Central Bank of Brazil show.
The unemployment rate in Brazil increased to a record level of 14.7%, or around 14.8M people, in the first three months of 2021, the Institute of Geography and Statistics reports.
The unemployment rate in Japan rose to 2.8% in April for the first time in six months, data published by the Ministry of Internal Affairs and Communications show.
The economy of France contracted 0.1% in the first quarter of 2021, compared to the last three months of 2020, the National Institute of Statistics and Economic Studies reports.
The US economy expanded 6.4% in the first three months of 2021, compared to the same period in 2020, a statement published by the US Commerce Department shows.
Germany plans to spend more than €8B on 62 large hydrogen projects as the country moves towards climate neutrality, the Ministry for Economic Affairs and Energy reports.
According to the US Commerce Department, consumer spending, which accounts for more than two-thirds of the US economic activity, surged by 0.50% in April.
As reported by the US Commerce Department on Friday, US inflation edged higher by 0.70% last month.
AMC Entertainment's shares rose by 17.3% to $31.11 in the US premarket trading on Friday, while stocks of video game retailer GameStop soared by 2%.
On Friday, futures for the Canadian S&P/TSX composite index edged higher by 0.34% at 7:00 a.m. ET.
The FAA has confirmed on Friday that Boeing had temporarily suspended its 787 Dreamliner deliveries on the agency's request for additional data to determine whether its planned inspection method complied with federal requirements.
On Friday, the Swedish company Klarna reported the value of transactions using the company's platform in Q1 nearly doubled, driven mainly by the US growth.
India's Tata Sons bought the majority stake in BigBasket, the online grocery seller, joining the e-commerce race with Walmart's Flipkart, Amazon.com and Reliance Industries.
On Friday, Bitcoin plunged 8% to its lowest level this week, tumbled by a rising Chinese crackdown as well as environmental concerns to nearly 40% so far in May.