U.S. sanctions Iran's Hormuz Strait authority, warns Oman not to allow tolls
The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November's midterm elect...
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...
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.
The key metric investors are most focused on when Costco reports earnings
The retail stock's run this year and premium valuation leave little wiggle room for error.
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.
Opportunities shrinking for too many young people, says major report on 'lost generation'
A report warns the number of 16 to 24-year-olds out of work, education or training is set to rise to 1.25 million by 2031.
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.
This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why
Dutch cloud provider Nebius rose after an ex-OpenAI employee's fund took a sizeable stake in the firm.
Oil prices fall after report of breakthrough in US-Iran talks
A report of a extended ceasefire, subject to Donald Trump's approval, has led to global oil prices to fall on Thursday.
CVS to restore coverage of Zepbound, add Eli Lilly's obesity pill to drug plans
CVS will add Zepbound coverage on Oct. 1, and start covering Lilly's newly approved Foundayo pill on June 1.
Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
Israel-based web development company Wix is cutting about 20% of its workforce, CEO Avishai Abrahami said.
U.S. sanctions Iran's Hormuz Strait authority, condemns ballistic missile launch at Kuwait
The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November's midterm elect...
Oil prices jump 2% after Iran says it targeted U.S. air base following fresh American strikes
Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.
Snowflake surges 35% 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.
Work opportunities for young people are 'shrinking', review warns
A report warns the UK is "at risk of a lost generation" with number of 16 to 24-year-olds out of work, education or training set to rise to 1.25 milli...
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 chil...
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.
Best Buy beats on top and bottom lines 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.
Ferrari CEO defends $640,000 price tag for its first fully electric car
Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation.