Deira Trading Company

Back-to-school spending persists, PwC survey says

A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the upcoming school year. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey. […]

Home price hikes are slowing more than expected

A Compass Realty sign is posted in front of a home for sale on June 23, 2025 in Greenbrae, California. Justin Sullivan | Getty Images News | Getty Images Rising supply and slowing demand in the housing market are finally causing prices to cool off, and the weakness is accelerating. Home prices nationally rose just […]

FedEx (FDX) Q4 2025 earnings

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year. The company achieved its “structural cost reduction target, in the face of ongoing headwinds,” CEO Raj Subramaniam said in a media release. […]

Carnival (CCL) Q2 2025 earnings

Carnival shares climbed roughly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance. According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analysts’ estimates of 24 cents, according to LSEG. Adjusted revenue came in at a record $6.3 […]

McDonald’s and Krispy Kreme end doughnut partnership

Glazed Krispy Kreme doughnuts. Joe Raedle | Getty Images News | Getty Images Krispy Kreme and McDonald’s are ending their partnership for good. The chain will stop selling its doughnuts at McDonald’s restaurants on July 2, the companies said in a press release Tuesday. McDonald’s USA’s Chief Marketing and Customer Experience Officer Alyssa Buetikofer said […]

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