Deira Trading Company

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Private equity in your 401(k): Who is the big winner? Probably not you.

If somebody has discovered the holy grail, why would they cut in schmucks like you and me?
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U.S. stock futures flat ahead of this week’s big Fed meeting

U.S. stock-market futures were little changed Sunday, as investors await what is expected to be the Fed’s first interest-rate cut in nine months later this week.
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Why the Fed’s first rate cut in 9 months could derail the stock-market rally — and how investors can prepare

Investors are watching whether the Federal Reserve’s interest-rate decision — and its economic projections — will keep the stock rally alive or send the market into a tailspin.
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Starbucks CEO Brian Niccol Starbucks turnaround plan one year

After two decades going to Starbucks every day at 4:30 a.m., longtime customer Tony Dennis abandoned the company last year."I was frustrated," he told CNBC.The customer experience he used to…
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espn everpass media streaming bars restaurants

EverPass Media has inked a deal with Disney's ESPN to distribute live games and other content from its ESPN+ streaming service to bars, restaurants and other commercial establishments in the…
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Wells Fargo CEO Charles Scharf sees downside to U.S. economy

Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat.The bank's data shows that "companies are in…
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How uber-rich families invest in sports, from major leagues to clubs

SEATTLE, WA - SEPTEMBER 07: George Kittle #85 of the San Francisco 49ers celebrates with fans and teammates after scoring a touchdown against the Seattle Seahawks during the game at…
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TikTok calls her ‘32 pizzas mom.’ What her videos can teach us about how we spend money.

A $500 grocery-haul video has gone viral for sparking a conversation about when stocking up on groceries might go too far
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Fintech firm Lendbuzz files for IPO

Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSELendbuzz, an auto finance fintech company, filed an IPO prospectus Friday.The Boston-based company is targeting a valuation of…
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The AI trade will make or break your stock portfolio. Here’s how to win in 2025.

With AI stocks driving the market, investors are missing out if they aren’t playing the trend. This is the playbook that experts are following to get an edge.
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Obesity pills from Eli Lilly, Novo Nordisk near US launch

Eli Lilly and Novo Nordisk are preparing to take their rivalry to the next frontier of weight-loss medications: pills.Both companies expect to launch oral obesity drugs in the U.S. next…
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Convenience stores are eating fast-food chains’ breakfast

A Wawa store is seen on May 29, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFast-food restaurants are losing breakfast customers to convenience stores.Morning meal traffic to fast-food chains…
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My boyfriend, 69, moved in. He refuses to pay more than $1,300 in rent and won’t do yard work. What should I do?

“It’s clear that he seems to think that if I die, that he should inherit the house. That is NOT my plan.”
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RH (RH) Q2 2025 earnings

Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook.The chain said Thursday…
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Striking defense workers reject Boeing contract offer

The Boeing Company at Paris Air Show 2025 in Le Bourget Airport.Nicolas Economou | Nurphoto | Getty ImagesStriking Boeing defense workers in Missouri voted Friday against the company's latest offer…
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Massachusetts sues Kalshi alleging illegal sports gambling

The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesMassachusetts filed a lawsuit in state court Friday…
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As Fed nears highly anticipated rate cut, the market ‘really hinges’ on 10-year Treasury yield

As anticipation builds around the Federal Reserve’s likely interest-rate cut next week, J.P. Morgan Asset Management’s Phil Camporeale is keeping his eye on the behavior of a particular Treasury bond…
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Ram cancels plans for all-electric pickup truck

Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan.…
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Winklevoss twins score $3 billion payday as crypto-trading company Gemini’s stock soars

The cryptocurrency exchange founded by billionaires Tyler and Cameron Winklevoss saw its stock jump more than 20% in a strong public debut.
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Pfizer, Moderna shares fall on Trump child Covid shot report

Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021.Dado Ruvic | ReutersShares of Pfizer and Moderna fell on Friday…
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How multifamily offices are playing commercial real estate

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals…
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Elon Musk fortune now comes mostly from private companies

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on Jan. 20, 2025 in Washington, DC. Chip Somodevilla…
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CPI report health care inflation rises

Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth-care inflation is fueling higher coverage costs, setting the stage for what could be the largest increase in health-care spending by large…
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Kodak launches vintage-style toy camera with strong sales

Kodak Charmera Keychain Digital CameraSource: KodakEastman Kodak's latest product launch — a line of 1980s-inspired digital toy cameras called the "Kodak Charmera" — seems to have struck a nostalgic chord…
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Paramount Skydance-Warner Bros. Discovery bid would combine big content houses

Paramount+ signage in the Times Square neighborhood of New York, US, on Thursday, Dec. 21, 2023. Gabby Jones | Bloomberg | Getty ImagesDavid Ellison looks to be buying up a…
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Paramount Skydance is preparing a bid for Warner Bros. Discovery, sources say

Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter.Warner Bros. Discovery had yet to receive…
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I spend hundreds on martial arts and STEM classes for one kid — and $0 on the other. Am I a bad mom?

If you want both of your kids to feel prioritized, focus more on the energy you’re funneling toward each of them, rather than the money.
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Solomon, Dimon, Pick weigh in on the state of the economy

Some of America's top financial services executives are starting to issue warnings about the economy.Saying they're seeing signs of "softening" or "weakening," a slew of CEOs have been weighing in…
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Another Kroger earnings beat shows the eat-at-home trend is set to continue

Kroger’s stock was rallying Thursday after another earnings beat and a raised outlook.
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Family offices double down on stocks and dial back on private equity

07 July 2025, USA, New York: A street sign reading "Wall Street" hangs on a post in front of the New York Stock Exchange in Manhattan's financial district. Photo: Sven…
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Uber Eats partners with Pipe to offer capital to restaurants

Fintech company Pipe is partnering with Uber in a new effort to help small businesses acquire capital with fewer barriers to access, CNBC has learned.Pipe is teaming up with Uber…
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Why Broadcom’s stock led the chip sector’s rally on Wednesday

Broadcom CEO Hock Tan has the potential for a big payday if he can hit “challenging” new targets for AI revenue.
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Potbelly acquired by RaceTrac for $566 million

Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky.Raymond BoydSandwich shop chain Potbelly will be acquired by convenience store operator RaceTrac in a $566 million all-cash deal, Potbelly announced…
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Investors are chasing bond yields ahead of the Fed’s rate decision. Here’s the opportunity.

Investors want to lock in income with stocks near all-time highs, but inflation still remains a concern.
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Boeing reaches tentative labor deal with striking defense workers

Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty ImagesThe union that represents striking…
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Air India CEO says carrier embracing ‘new normal’ after deadly crash

An Air India Boeing 787-8 Dreamliner.Sopa Images | Lightrocket | Getty ImagesLONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a "new normal" and a…
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Oxford Industries says new Lilly Pulitzer offerings are winning over shoppers, but its Tommy Bahama line is lagging

Resort-style clothing maker Oxford Industries Inc. on Wednesday offered up mixed second-quarter results and third-quarter expectations, and said that while new Lilly Pulitzer offerings were attracting shoppers, its Tommy Bahama…
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Marc Lasry discusses Steve Ballmer Kawhi Leonard payment

Former Milwaukee Bucks co-owner Marc Lasry said he doesn't believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA's salary cap by working with a third-party company to surreptitiously…
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What investors are looking for in the August CPI data coming out tomorrow

Investors are looking ahead to an August consumer-price index report on Thursday that has the potential to curb the Federal Reserve’s enthusiasm for interest-rate cuts beyond September.
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Avelo Airlines to buy 50 E2 jets from Brazil plane maker Embraer

An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg |…
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Doing business in China? Factor in deflation

A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | ReutersWhile U.S. companies battle inflation, those in China are up…
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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