Stock market news for May 12, 2026
Traders work at the New York Stock Exchange on May 7, 2026. NYSE The S&P 500 slipped on…
Traders believe inflation could near 5% this year
A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon…
CPI inflation April 2026: Prices rose 3.8% annually
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in…
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen,…
Retailers hire big, defying consumer warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in…
Pension funds are ramping up private credit bets despite risks
Pension funds are sticking with private credit, and in some cases doubling down on allocations even as concerns…
Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant’s market capitalization past the $1…
Kalshi traders see April jobs report coming in better than economists’ estimates
A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the…
PayPal makes Venmo a standalone business unit as potential buyers circle
Enrique Lores, then-CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan.…
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned the U.S. economy has slipped into a stagflationary environment and said it would…
OpenAI partners with Customers Bank in push to automate finance
Sam Sidhu, CEO of Customers Bank. Courtesy: Customers Bank Nearly half an hour into a conference call on…
Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays
There’s a lot of market buzz on the emerging crop of companies known as neoclouds, but these stocks…