Novo Nordisk B A/S (NVO), the Danish pharmaceutical firm, has announced it's looking into claims made by the cyber extortion group FulcrumSec, which alleges that over a terabyte of company data was stolen after Novo Nordisk supposedly refused to pay a $25 million ransom.
Stocks saw significant volatility immediately following the Federal Reserve's monetary policy announcement on Wednesday but came under considerable selling pressure in the latter part of the trading session. The major averages all showed significant moves to the downside, closing firmly in negative territory.
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
Women are more likely than men to say they sleep poorly, even though sleep tests show they often sleep better, according to a new study from Karolinska Institutet. "It's a paradox, but we have found a possible explanation for why sleep quality is perceived so differently by men and women," commented...
A study from Rutgers University examined whether GLP-1 drugs such as Ozempic and Wegovy influence impulsive tendencies and violent behavior in adults. To answer this question, researchers analyzed data from a 2025 survey of 7,521 adults in the United States. Their main focus was on 821 participants...
Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday. The Commerce Department business inventories climbed by 0.5 percent in April after jumping by an upwardly revised 1.0 percent in March.
Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the mixed performance seen in the previous session. Currently, the major averages are narrowly mixed.
A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.8 percent to 76.8 in May after rising by 0.3 percent to a downwardly revised 74.0 in April. Economists had expected pending home sales to advance by 0.9 percent.
The U.S. Food and Drug Administration has approved another over-the-counter (OTC) intranasal naloxone product for the emergency treatment of opioid overdose. Consumers may directly purchase Rextovy, a 4 milligram naloxone hydrochloride nasal spray, without a prescription in places such as pharmacies,...
The United States has announced more than $1 billion in humanitarian and disaster response assistance to UNICEF and the World Food Program through new global macro awards, which cover life-saving support in more than 40 countries. This announcement builds directly on the success of the Trump Administration's...
In an effort to combat global drug and precursor chemical trafficking, the G7 summit has decided to create "7+ Ports Network to Combat Drug Trafficking'. The new initiative aims to reinforce cooperation between G7 members and their partners' main maritime ports in coordination with the European Ports...
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had expected retail sales to climb by 0.5 percent.
Following the mixed performance seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by just 0.1 percent. Traders may be reluctant to make...
Subdued futures point to a flat to slightly negative start on Wall Street Wednesday morning. The focus will be on the Federal Reserve's monetary policy announcement due later in the day.
The Justice Department has announced charges against five men who were arrested for an alleged plot to carry out an attack at a White House event at the weekend. According to FBI, the accused were planning to kill government officials and others attending the Ultimate Fighting Championship Freedom 250 event held at the White House on Sunday. The FBI launched an investigation into the plot and
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.