Deira Trading Company

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Strong earnings keep stock-market bulls in charge. What could bring the rally to a halt?

U.S. stocks have mounted a strong comeback, but lurking behind the optimism is one of the market’s old, expensive problems: stocks are pricey once again.
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Stock futures fall after Moody’s strips U.S. of its top credit rating

Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys.
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Prices are probably going up at Walmart. Watch for Target and other retailers to detail the tariff impact this week.

President Trump tells Walmart to ‘eat’ higher costs brought on by his trade approach as terms like ‘tariffs,’ ‘uncertainty’ and ‘recession’ are coming up more frequently in company earnings calls
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‘They will drown you too’: My co-worker found out I inherited money — and harassed me to give him a loan

“When I didn’t give him money, this co-worker became so enraged that he went on a whispering campaign.”
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I’m 57 and ready to retire next year on $7,500 a month, but my wife says no. Who’s right?

“I also have $300,000 in a 401(k). My wife has a 403(b) that currently sits at $650,000.”
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NBC taps Michael Jordan as NBA contributor

Michael Jordan, NBA Hall of Famer and co-owner of 23XI Racing, walks the grid prior to the NASCAR Cup Series Straight Talk Wireless 400 at Homestead-Miami Speedway in Homestead, Florida,…
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‘We’re not wealthy’: My niece is marrying out of state and she has a honeymoon fund. Is that cheeky?

“We are making plans to attend just to show support. The invitation states that our presence is a gift in itself.”
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Toyota redesigns bZ4x, its only U.S. EV, as 2026 bZ

Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities.The new name…
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Wealthy taxpayers get new breaks under House bill and hidden hike

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,…
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Ravens QB Lamar Jackson uses horse racing to build up Baltimore

Lamar Jackson with the winners of the 2025 NTL Kickoff Race.Courtesy: National Thoroughbred LeagueBaltimore Ravens quarterback Lamar Jackson has a singular goal both on the football field and as owner…
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U.S. loses final triple-A credit rating. Market reaction uncertain but ‘it’s not good news.’

Rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
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Company would avoid prosecution in DOJ deal

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesThe Justice Department and Boeing are close to a deal that would allow…
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What to make of the stock market’s recovery

Weekend Reads: Putting a number on how much in Social Security might be garnished to repay student loans; coverage of the bond market; and whether or not gold could rise…
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How much a 100% ‘Made in the USA’ vehicle might cost

A 2025 Ford Expedition with bronze trim at the automaker's Kentucky Truck Plant, April 30, 2025.Michael Wayland | CNBCLOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior…
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Cable companies Charter and Cox to merge

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and…
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Ozempic maker Novo Nordisk boots CEO over stock-price fall

Lars Fruergaard Jorgensen, the chief executive of once-highflying Danish drugmaker Novo Nordisk, is stepping down after eight years in the role, the maker of Ozempic and Wegovy drugs announced on…
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Why Bill Gates’ pledge to donate his money is harder than it seems

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,…
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How unaffordable the housing market is and where it’s getting worse

Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices.Prices…
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The stock market’s momentum swings both ways. Don’t get hit.

Why you should give up any ‘FOMO’ you might have after the market’s meteoric rise.
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Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion

Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the…
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Cava (CAVA) Q1 2025 earnings

A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersCava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the…
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Michael Burry’s Scion bets against Nvidia, turns bearish on Chinese stocks

Michael Burry’s Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the SEC released on Thursday.
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Walmart to increase some prices due to Trump tariffs

People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesPrice increases are coming soon to a Walmart near you.On…
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Walmart’s CEO says Americans should brace for higher prices

Walmart is set to mark up prices in the current quarter, as the magnitude of U.S. tariffs on imported goods — even amid pauses and reductions by the Trump White…
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Bombas taps Jason LaRose as new CEO

Bombas Socks in store.Courtesy: BombasBombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots.Bombas President…
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The retail buy-the-dip move paid off. What that crowd of investors is doing now, according to JPMorgan.

JPMorgan said retail investors did well with a buy-the-dip strategy last month, but that crowd of investors is getting weary.
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Video podcasts are the next big pitch

Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast.Courtesy: WonderyAmazon's second-ever Upfronts pitch to advertisers this week featured an appearance by NFL champion brothers Jason and Travis…
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Walmart (WMT) Q1 2026 earnings

People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings before the bell on Thursday, as…
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Barclays revises forecast for closely watched junk-bond measure after trade war cools

The junk-bond market is showing signs of calmer times after positive developments in U.S. trade negotiations.
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Netflix ad tier has 94 million monthly active users

Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November.The company…
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This sector is a great place for investors to avoid tariff impact, analyst says

The future is bright for space companies Intuitive Machines and Rocket Lab, according to Cantor Fitzgerald, and it’s not just about moon landings.
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Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women

Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit…
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New York AG James sues Capital One after Trump’s CFPB drops claims

The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023.Win Mcnamee | Getty Images News | Getty ImagesNew…
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Newly issued eToro shares jump in Nasdaq debut. It’s a bullish sign for IPOs.

The trading platform’s stock is on a run in its first day of trading, elevating hopes for other stock-market debuts.
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HBO Max is coming back

HBO became HBO Max, and then it became Max. Now, it will be HBO Max once more.Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a…
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Wall Street’s biggest bull held his nerve throughout this year’s selloff. What he’s saying now.

Christopher Harvey has faith that the S&P 500 can make it to 7,007 this year, with a consumer holding up and Fed cuts to come.
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UnitedHealth Group CEO Andrew Witty steps down

Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled "Hacking America's Health Care: Assessing the Change Healthcare Cyber Attack and What's Next," in the Dirksen…
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GM unveils new EV battery tech, aims to be first to market

General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General…
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Spirit Airlines introduces extra legroom seats in push for premium

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines announced on Tuesday…
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Airbnb is betting on ‘the world’s most interesting people’ to cure travel malaise, hotel competition

Amid signs of slowing travel demand, Airbnb unveiled new efforts to recast itself as more than a vacation-rental platform — announcing new services like in-home meals from chefs, tours from…
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Hertz shares plummet after weak Q1, $250 million stock offering

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering.Hertz shares were off more than…
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American Eagle withdraws 2025 guidance, says Q1 worse than expected

A customer enters an American Eagle store in Miami, Florida on April 4, 2025.Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it is writing off $75 million in spring…
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YouTube will stream NFL Week 1 game in Brazil for free

Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025…
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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