Deira Trading Company

Banks keep high rates inspired by now-dead CFPB rule

The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images Last year, banks quickly raised interest rates to record levels and added new monthly fees on credit cards when a Consumer Financial Protection Bureau rule threatened a […]

Why U.S. air traffic control is under strain

An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]

SandboxAQ fundraise stands out in drab April for family office deals

Jack Hidary, CEO of SandboxAQ Courtesy of SandboxAQ A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-rich, rattled by President Donald Trump’s tariffs, continued […]

Krispy Kreme stock plunges after McDonald’s rollout pause

Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the […]

Bill Gates doubles giving to $200 billion, ‘virtually all’ his wealth

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In […]

Restaurant Brands International (QSR) Q1 2025 earnings

A Burger King restaurant is seen on October 25, 2024 in New York City.  Michael M. Santiago | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and Tim Hortons declined. But the restaurant company is seeing sales turn around already. “As we […]

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