Deira Trading Company

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‘I think we’ve been lied to’: Who exactly is considered rich in America? 

A middle-class person in America would be considered rich beyond most people’s wildest dreams in many parts of the world.
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Why Nov. 1 is a make-or-break day for millions of Americans’ finances

If the government shutdown stretches beyond October, experts warn that Nov. 1 could mark a grim cutoff for low- and middle-income families.

Lululemon is partnering with the NFL to release apparel for all 32 teams

Lululemon is launching a new collection around the NFL, marking the first time it will have products featuring all 32 teams.
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Big Tech is spending on power for AI — whether Washington functions or not

Charlie Garcia responds to readers about AI doubters, nuclear reactors — and why Blackstone fixes what City Hall won’t.

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U.S., China say trade-deal groundwork has been laid ahead of Trump-Xi meeting

Top negotiators for the U.S. and China expressed optimism Sunday that a new trade deal is in reach, ahead of a meeting later this week between President Donald Trump and…

Single-family rent growth just hit the lowest level in 15 years, new report finds

Rents for both single- and multifamily homes are coming down, as more supply hits the market and demand weakens.
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Target might be cutting jobs, but its ‘kitchen sink’ moment hasn’t hit yet

Wall Street analysts suggested the worst was still yet to come for Target. Molson, Amazon, Meta and GM are also trimming staff.

American Airlines is arriving late to the luxury travel boom. Can it catch up?

American Airlines has fallen behind large rivals Delta and United in seeking out luxury customers, bringing in profit and more.
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Why I’m buying more gold 

The problems and concerns supporting higher gold prices aren’t going away.

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Beyond Meat is on a wild ride. Why you should think twice before taking a bite.

Retail investors have taken a shine to shares of the struggling meat-substitute purveyor. Their enthusiasm could prove fleeting.

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I received an inheritance from my father’s estate, but the executor wants me to give it back. What should I do?

“The attorney for my late father stated that all beneficiaries needed to wait 10 months before disbursements from the sale of the home could be released.”

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GM lays off more than 200 salaried workers in latest round of job cuts

General Motors laid off more than 200 salaried employees, as the automaker continues to reevaluate its businesses and cut costs to boost profits.
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The blistering AMD stock rally just culminated in a milestone

Advanced Micro Devices shares have more than doubled this year, and the company joined the $400 billion market-cap club at Friday’s close.

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

Deckers Brands shares fell about 15% after fiscal Q2 results with softer outlook and fears HOKA’s rapid growth is slowing amid cautious consumers and tariff pressures.

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Why 10-year Treasury yield may hit 6% in next year or two on problematic inflation

U.S. stocks jumped Friday after September’s consumer-price index came in below expectations, helping to support the case for Federal Reserve interest-rate cuts next week and in December. Yet there are…

Taco Bell tries to woo younger customers with Live Más Café's flashy beverages

By the end of the year, Taco Bell is projecting that it will have 30 Live Más Cafés in its portfolio, across Southern California, Dallas and Houston.

Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

PG CEO Jon Moeller noted a "challenging consumer and geopolitical environment" as the company warned of the cost of tariffs.

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Trump says he’s ending trade talks with Canada, cites antitariff ad featuring Reagan

U.S. President Donald Trump said late Thursday that he was terminating “all trade negotiations” with Canada — citing a Canadian advertising campaign targeting the White House’s tariffs that featured former…

Ford beats on earnings but lowers 2025 guidance after supplier fire

Ford investors also will be looking for updates on company's cost-cutting efforts, quality improvements, tariff impact and a supplier fire.
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These stocks are the real deal for investors in AI — Wall Street is just chasing bubbles

The stock market has mispriced the AI boom. The big moneymakers are providing the electrical power and infrastructure.

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Intel’s stock is climbing as earnings show a turnaround slowly taking hold

The company topped revenue expectations and said it’s “having a difficult time meeting all the demand that’s out there” because of supply constraints.

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Rivian plans to lay off more than 600 workers

Rivian and other EV manufacturers are facing a more challenging market than they did in recent years amid changing regulations under the Trump administration.
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Mortgage rates drop to the lowest level in a year, opening ‘an important window’ for buyers

Mortgage rates fell over the last week due to the 10-year Treasury dropping as investors grew uncertain about the future of the U.S. economy.
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Goldman trader on the one big reason why the so-called dumb money has beaten the pros this year

A Goldman Sachs trader has taken on one of the big questions in markets this year: why retail investors, who typically capture trends too late, have been beating the pros.

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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