Deira Trading Company

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The cost of Germany’s long and painful nuclear regret

An energy analysis published by JPMorgan has put some numbers on the extent of that error that German Chancellor Friedrich Merz has admitted from its decision to shutter nuclear production…
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U.S. stock futures sink after oil surges above $100 a barrel as Iran conflict rages

U.S. stock-market futures fell on Sunday as crude futures surged above $100 a barrel for the first time since 2022 amid growing fears about the economic effects of the conflict…
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We have $13.5 million and 3 kids, but one is an addict. How do we fairly divide our estate?

“We are the first generation on either side of our families to experience this level of success.”

Family offices double down on AI investments as startup fundraising breaks record in February

AI bubble fears haven't stopped investment firms of billionaires like Laurene Powell Jobs from betting on high-flying startups

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Spike in oil prices triggers talk of an economic doomsday scenario

Another week of record gains could lift oil prices close to their all-time highs — levels that invite talk of an economic doomsday.

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That viral Big Arch burger video could be worth at least $18 million to McDonald’s in free publicity

Rivals like Burger King and Wendy’s have also been biting off that McDonald’s CEO video — and industry experts say it’s good for business for everybody.

The wealthy once rushed to Dubai. Now they're scrambling to leave

Since the start of the U.S.-Iran war, Dubai's status as a haven for the global elite has been shattered.

Used vehicle prices jump ahead of spring selling season optimism

A closely watched barometer for used vehicle pricing jumped last month as dealers sped to increase inventories amid optimism of a robust spring selling season.

FDA vaccine head will step down in April after string of controversial decisions

Vinay Prasad is leaving his post as director of the Center for Biologics Evaluation and Research.
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These stocks in the S&P 500 have dropped the most since the U.S. and Israel attacked Iran

A disappointing Friday employment report helped send stocks down further, with cruise operators hammered

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United CEO Scott Kirby says higher airfare could be ahead after fuel price spike

United CEO Scott Kirby said demand remains high but that fuel prices will hit first-quarter results.

Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low

Frustrated sellers who pulled homes off the market last fall are now relisting them at a quick pace, thanks to lower mortgage rates, but supply is still low.
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Anthropic has ‘no choice’ but to fight Pentagon’s ‘supply-chain risk’ designation in court, CEO says

Anthropic CEO Dario Amodei said Thursday that the AI company has “no choice” but to legally challenge the Pentagon’s move to declare it a supply-chain risk.

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Costco’s stock chart sees first bullish ‘golden cross’ in 3 years as earnings are released

A bullish “golden cross” pattern appears in Costco’s stock chart for the first time in nearly three years, on the same day the latest quarterly report is slated to be…

Historic winter storms weigh on Gap, Old Navy performance after 800 temporary store closures

Gap has been on a steady upswing of growth but saw worse than expected results during its holiday quarter after historic winter storms led to store closures.
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Trump has a plan to open the Strait of Hormuz. Here are the obstacles it faces.

“Too small for the risk”: The plan to have the U.S. government provide an insurance solution for ships trapped in the Persian Gulf may be impractical, analysts said.

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Victoria’s Secret posts longest sales growth streak in four years as shoppers return to Pink brand

Victoria's Secret has been working to regain relevancy and win back shoppers under CEO Hillary Super.
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U.S. oil prices pass a 1-year high as Iran reportedly attacks an oil tanker in the Persian Gulf

Oil rallied Thursday, with U.S. prices touching their highest in more than a year, following a report that Iran attacked a U.S. oil tanker in the Persian Gulf.

Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire

Travelers who are far from falling missiles, drone attacks and other geopolitical flashpoints aren't immune to ripple effects.
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The ‘dean of valuation’ pours cold water on the Citrini AI doomsday scenario

Damodaran sees value in the Citrini paper but does not agree with its vision of the future
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The most expensive state for in-home caregiving may surprise you — and it costs almost $9,000 a month there

The cost of care for an aging parent, whether in their own home or in a nursing facility, varies greatly depending on where they live.

Big investors have been fleeing for-sale housing market, even before Trump ordered ban

President Donald Trump wants to ban big investors from buying single-family rental homes, but investors have already been selling due to high home prices.
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Tesla’s self-driving effort could be worth more than double its EV division

Tesla has made autonomous vehicles a priority, investing heavily in robotaxis and driving-assistance software.

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U.S. economy gets off to choppy start in 2026, the Fed finds. Here’s the good and bad news.

The U.S. grew at a slight to moderate clip early in the new year, the Federal Reserve said, but “uncertainty,” higher prices and severe winter weather held the economy back.

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Trump sides with crypto firms in trillion-dollar battle with banks over stablecoin yield

The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.
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ADP says U.S. businesses added 63,000 jobs in February. Labor market is sluggish even though hiring picked up.

ADP said businesses created 63,000 new jobs in February — the biggest increase in seven months — in another sign that a sluggish U.S. labor market might be slightly perking…
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Why one of the year’s surprising hot trades has quickly gone off the rails

Investors are habituated to buying into weakness caused by geopolitical tumult but JPMorgan warns it may be a bit early to jump back on board Europe.

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Best Buy’s holiday sales disappoint, but retailer shows progress in growing profits

Best Buy beat fourth-quarter earnings expectations but missed Wall Street's revenue estimates.
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Here are the U.S. airlines most vulnerable to rising fuel prices

Citi draws out a surprisingly eclectic list of U.S. airlines more at risk from dramatic jet-fuel increases

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.
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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.   Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
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ApeMax and Dogecoin: Battle of the Meme Coins

  In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
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Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?

Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
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Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
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FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
Source: CurrencyRate