Oil prices turn lower as U.S.-Iran ceasefire extension awaits Trump approval
Oil prices pulled back Thursday, erasing earlier gains, on a report that U.S. and Iranian negotiators reached an agreement to extend the ceasefire.
Airlines, hotels warn against Trump admin threat to international flights to 'sanctuary cities'
Homeland Security Secretary Markwayne Mullin said the Trump administration is considering pulling international flight processing in "sanctuary cities."
New York passes Mamdani's pied-a-terre tax. Here's who pays and how much
Citadel CEO Ken Griffin became the face of the tax after New York City Mayor Zohran Mamdani posted a video in front of Griffin's penthouse apartment.
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Traders' hopes fade for U.S.-Iran nuclear deal this year despite report on potential ceasefire agreement
Chances of a nuclear deal between the U.S. and Iran this year haven't moved much on prediction markets after Axios reported that the two agreed to a ceasefire.
Mythos was the critical trigger for IBM's open-source cybersecurity push, Krishna says
IBM has signed Goldman Sachs, Morgan Stanley, JP Morgan and Bank of America onto its open-source cybersecurity effort called Project Lightwell.
CFTC bid to vacate order against Winklevoss' crypto exchange 'very unusual': ex-agency chief
The Commodity Futures Trading Commission is looking to undo a $5 million civil penalty against the Gemini, which was founded by the Winklevoss twins.
Ro Khanna is taking his economic message on the road. Will it lead to the White House?
Rep. Ro Khanna wasn't in the Rust Belt to campaign. But he could be soon.
Americans’ savings rate falls to lowest level since 2022 as inflation outpaces paychecks
As inflation starts outpacing wages again, Americans have less money to put aside for emergencies and other savings goals.
More workers are raiding their 401(k)s as average balances fall, Fidelity says
Retirement account balances sank at the start of 2026 amid market swings, according to Fidelity. At the same time, more savers tapped their accounts for cash.
Reality star's long shot L.A. mayoral candidacy becomes surprise test for Democrats
Spencer Pratt is polling around 22%, just behind Democratic Mayor Karen Bass, in the Los Angeles mayoral primary, raising the odds of a November runoff.
Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
Alphabet's Waymo is adding new vehicles to its fleet of public robotaxis and is opening up its roomier Ojai vehicles to some riders.
Trump Accounts app launches — here's how to get started
Families can now download a Trump Accounts app to track the new investment accounts, which offer a $1,000 pilot program contribution for eligible children.
Mike Khouw: I was wrong about Zscaler. Here's how I'm managing the trade
Khouw's thesis this week for a bearish-to-bullish reversal rested on the idea that ZS had been unfairly punished.
Unusual Machines and other drone stocks surge on report Pentagon considering stakes in the industry
Drone stocks surged Thursday on a report the Trump administration is in talks to fund several firms, including one in which Donald Trump Jr. is a shareholder.
Starbucks says afternoon traffic is rising as turnaround starts to take hold
Starbucks says afternoon traffic is surging, led by menu innovation, as CEO Brian Niccol pushes to turn the chain into an all-day destination.
Red-hot Arm Holdings soars to another all-time high. What's fueling the move this time?
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Snowflake surges 37% toward best day ever on AI frenzy, fueling software rally
The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.
Best Buy stock climbs 15% on earnings beat as retailer aims to reinvigorate sales
Best Buy reported better-than-expected earnings on Thursday as the company works toward turning around its sales slump.
Gaming association says states have lost $1 billion in tax revenue due to prediction markets
Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to "backdoor sports betting."
AI part of another tech layoff as Wix CEO announces 20% workforce cut
Israel-based web development company Wix is cutting about 20% of its workforce, CEO Avishai Abrahami said.
More monthly auto loan payments are above $1,000, and most are not for luxury models
The top five models for the $1,000-plus payments were popular pickup trucks including the Ford F-150, Chevrolet Silverado 1500 and Ram 1500.
Kohl's stock spikes 20% as slumping retailer says sales trends are improving
Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline.
Oura is launching its smallest smart ring yet, shrinking wearable design by 40%
Oura, the smart ring maker, is set to launch what it says will be the smallest smart ring available in the growing wearables market.