- 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.
- 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."
- 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."
- 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.
- Oil prices pull back on report U.S.-Iran agreement to extend ceasefire 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 ceasefire.
- 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.
- 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.
- 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.
- Bitcoin bids farewell to CME futures gaps with $67K still on the radar
Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000.
- BlackRock Bitcoin ETF sees near-record outflows as BTC dips below $75K
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.
- Mystery Bitcoin burn destroys 107 BTC worth about $8.5M
An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.
- BIS Project Agorá shows tokenized payments can settle in seconds
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.
- Crypto liquidations hit $935M as Bitcoin price dips to $72.6K
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.
- Crypto markets shed $80B after fresh US strikes on Iran
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks.
- Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
- US charges Google employee with insider trading bets on Polymarket
The Justice Department and the CFTC allege that Google software engineer Michele Spagnuolo profited $1.2 million on Polymarket after accessing non-public information at work.
- Kraken rolls out Bitcoin vault product for holders to earn yield
Within the first 10 hours of launch, the Kraken Earn BTC Vault raked in $30 million worth of Bitcoin deposits from 4,000 unique wallets.
- Bitcoin falls further as BTC miners pivot to AI, pro-crypto legislation stalls
Bitcoin’s underperformance of stocks deepened as BTC miners pivoted to AI and pro-crypto regulation in the United States stalled.
- IOC chief Coventry stirs social media storm over athlete payment comments
Olympians slam the IOC chief and Zimbabwe's former medallist for saying athletes should not be paid at the Games.
- Yemen’s former leader Abd-Rabbu Mansour Hadi dies in exile at 80
Hadi was the internationally recognised president of Yemen who led a fractured government mostly from exile.
- Poisonous invasion: What is the ‘devil’s trumpet’ harming crops in Iraq?
The spread of datura is forcing the Iraqi Interior Ministry to urge farmers and citizens to report if spotted.
- US attacks Bandar Abbas again: Why is the port so important for Iran?
Bandar Abbas, which the US has targeted multiple times, occupies a strategically sensitive position in Strait of Hormuz.
- Sinner shocked in French Open exit as Cerundolo recovers from two-sets down
World number one Jannick Sinner beaten by 56th-ranked Argentinian opponent Juan Manuel Cerundolo at Roland Garros.
- Teenager Kouame beats Vallejo at French Open to match 23-year Nadal record
French teenager Moise Kouame, who became youngest Grand Slam match winner in first round, defeats Adolfo Daniel Vallejo.
- Anti-Immigrant anger grows in South Africa as migrants forced onto streets
Foreign nationals in Durban say they’ve been forced from their homes and businesses.
- South African president to face impeachment probe over ‘Farmgate’ scandal
Impeachment committee to hold first meeting next week as President Cyril Ramaphosa challenges findings in court.
- Gold Rush: Did CIA agent steal $40m in gold bars via work expenses?
FBI says ex-CIA official David Rush repeatedly lied about his credentials in US government job applications.
- Italy seizes $232m in Mafia assets tied to Cosa Nostra
Probe uncovers luxury resorts and offshore wealth as government crackdown targets Mafia networks.