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Market-moving news across stocks, bonds, currencies, private credit, capital markets, and investor sentiment.

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Markets

May 12, 2026

Jerome Powell to Remain on Fed Board After Chairmanship, Vows Not to Be ‘Shadow Chair’

Federal Reserve Chair Jerome Powell announced Wednesday that he will continue to serve as a member of the Fed's Board of Governors following the...

Markets

May 12, 2026

New Residential Sales Data Released by Census Bureau

Census Bureau has released its latest report on New Residential Sales, providing crucial data for understanding the housing market.

Markets

May 12, 2026

FanDuel CEO Amy Howe Departs After Five Years Leading Sportsbook

Amy Howe has been removed from her position as CEO of FanDuel, according to individuals with knowledge of the situation who spoke to CNBC.

Markets

May 12, 2026

Novo Nordisk CEO: Drugmaker Actively Pursuing Deals to Broaden Pipeline

Novo Nordisk, the company behind the widely recognized GLP-1 weight-loss medications Ozempic and Wegovy, is actively seeking acquisition and business development opportunities, according to...

Markets

May 12, 2026

Family Office Dealmaking Recovers in April, Driven by Healthcare Investments

Investment activities by family offices experienced a notable resurgence in April, following a subdued March that was influenced by geopolitical tensions surrounding the Iran...

Markets

May 11, 2026

Capital One Auto President Downplays Concerns Over ‘Forever Loans’ and Vehicle Affordability

Sanjiv Yajnik, the head of Capital One Auto, one of the nation's largest auto finance lenders, has expressed a measured view on the growing...

Markets

May 11, 2026

From Scientist to Silk Farmer: India’s Silk Industry Renewal

Jolapuram Umamaheswari transitioned from a career as a scientist in Singapore to pursue entrepreneurship in India.

Markets

May 11, 2026

Climate Change Poses Existential Threat to Pacific Islands’ Economic Lifeline

The vast Pacific Ocean, a critical source of global tuna supply, is facing unprecedented challenges due to climate change, directly threatening the economic stability...

Markets

May 11, 2026

Kelp Producer Seeks to Get Americans Eating Seaweed

Suzie Flores, armed with an English degree and a former career in academic publishing in Manhattan, has traded her city commute for the rugged...

Markets

May 11, 2026

How Sir David Attenborough Forged Bristol’s ‘Green Hollywood’

Sir David Attenborough, the celebrated naturalist, is credited with a significant, yet often overlooked, achievement: the establishment of a thriving wildlife film industry centered...