Market News Today — AI-Curated Stock & Crypto Headlines

Kohl’s stock sinks as sales keep falling, dashing hopes that a recovery has taken hold

The disappointing earnings report comes just one quarter after the stock had enjoyed a record rally after upbeat results.

Trump reiterates threat of a 'friendly takeover' of Cuba as fuel crisis deepens

The comments come less than a week after Trump suggested that his administration would turn its sights on Havana.

Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit

Spirit Airlines is reversing course on pilot furloughs after aviators left in high numbers for rival airlines.

Identity theft can cost you during tax season: It's 'a terrible reverse lottery,' one victim says

Employment-related identity theft is on the rise. Victims may not find out until tax season.

Bill Ackman tries again with plan for IPO of Pershing Square and a new fund

Hedge fund manager Bill Ackman is again trying to take his fund management company public alongside the launch of a …

Scientists behind COVID-19 vaccine will depart BioNTech

The company’s co-founders said they are leaving to start a new mRNA-based company.

Olaplex stock has plunged since its IPO. Here’s how the hair care brand is trying to turn itself around

Olaplex, a prestige hair care brand, has seen its sales and stock price plummet after a lawsuit. Now, the company …

Return to the 2022 stock-market playbook as Iran conflict drags on, say these strategists

Barclays says the chasm between winning and losing stocks in 2022 when Russia invaded Ukraine was huge. Here are their …

Saudi Aramco promises full production can be restored within days if Strait of Hormuz is reopened

Aramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were …

Bill Ackman's Pershing Square files for IPO on the NYSE

The planned listing would give public investors a stake in Ackman's investment platform, which oversees a concentrated portfolio of large-cap …

Oracle earnings will show whether its expensive AI bet is starting to pay off

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and …

Social Security is already the best antipoverty program we have — don’t make this radical change

Changing Social Security to a flat benefit for all would put both workers and the poor at risk.