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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.
CFTC bid to vacate order against Winklevoss’ crypto exchange ‘very unusual,’ ex-agency chief says
The Commodity Futures Trading Commission is looking to undo a $5 million civil penalty against the Gemini, which was founded by the Winklevoss twins.
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.
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.
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.
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.”
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.
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 elections.
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.
Warren: State Department didn’t seek TRANSCOM aid in evacuating Americans from Middle East
Democrats have been critical of the Trump administration’s handling of Americans stuck in the region after the start of the Iran war.