Deira Trading Company

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Canada announces retaliatory tariffs on U.S. goods after trade talks break down

Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollar-for-dollar” tariffs on U.S. goods — a retaliatory measure after trade talks between the two nations broke down.

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Tesla’s stock jumps as the company gets cleared for a Las Vegas robotaxi launch

The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada.
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Soon you can buy Medicare Advantage plans at Costco. What you need to know.

The warehouse club becomes the latest consumer brand to offer health insurance.

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You can now Venmo your kid’s college tuition. But should you?

Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options.

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5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO

The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years.

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When it comes to stock buybacks, anything SK Hynix can do, Samsung can do bigger

As demand far outstrips supply in the memory-chip market, SK Hynix and Samsung Electronics are generating outsize profits and throwing off huge free cash flow. Now both companies plan to…

Why some of America's biggest brands are losing ground in China

Nike, Starbucks and GM have lost ground in China as domestic rivals, geopolitics and changing consumer preferences reshape the market.
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Our 4-year-old son has $100,000 in his 529 account. Is a bull market a bad time to buy him stocks instead?

“I’d love for our son to be able to attend college without needing to take out student loans.”

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‘Ghost offices’ and long wait times: Social Security workers demand $3 billion and 20,000 hires

“The public is going to have a harder and harder time accessing these benefits,” union official said.

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Walmart shares slide as U.S. sales hit by falling drug prices

The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over five years.

Hyundai's new flagship vehicle is a large luxury Genesis EV

The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S.

Walmart will report second-quarter earnings before the bell. Here's what to expect

Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
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The national debt just hit $40 trillion. Here’s how it can hurt Americans.

A research group looked at the consequences for a student financing college, a family buying a home and a Social Security recipient.
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My son does not work, yet pays $500 for Affordable Care Act health insurance. Is that fair?

“I see people who have a lot of money but little or no taxable income who still qualify for ACA Marketplace subsidies.”
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Target’s grocery overhaul is helping it win back customers

The retailer has added more snacks and changed up its presentation as it tries to become a destination for food purchases.

Lowe's gives muted outlook as it sees 'pressure' in home improvement spending

Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending.

Target is set to report earnings before the bell. Here's what to expect

Target is expected to report its fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress.
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Trump holds off on new 50% tariffs for Canadian goods

Here’s what’s going on with the Trump administration’s plan for new tariffs for some Canadian goods.

Home Depot reaffirms guidance amid 'frozen housing market conditions'

Home Depot reported second fiscal quarter results that beat Wall Street expectations on the top and bottom lines.
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Cerebras’s stock has been a post-IPO bust. Its comeback hinges on this new chip.

Cerebras is betting that its specialized chips will outpace traditional graphics processing units as AI agents become more widespread.

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U.S. investors have been buying stocks all month and are now sitting on profits. Here’s what might make them sell.

Given that investors are sitting on unrealized gains and there few short positions remain open, the markets are more vulnerable to a downturn in economic news flow.

American Airlines to add seatback screens, bigger first class in race to catch up to Delta and United

American is trying to add more premium seating and passenger perks after falling behind rivals Delta and United.

Credit card issuer Synchrony announces partnership with OpenAI

The collaboration, which is in its early stages, is a step toward enabling Synchrony customers to have smoother online shopping experiences.

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount agreed to delay its proposed acquisition of WBD to as late as June 2027 while the state AGs' case heads to trial.
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Why this popular Treasury-bond ETF is trading at its lowest since 2004

One of the most heavily-traded ETFs tracking performance in the U.S. Treasury market has just fallen to its lowest level in over 20 years.

Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner

Jeanie Buss's lawyer says she has not agreed to sell the team and that any vote suggesting the Buss family is selling "would be and is void."

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Here’s how Amazon’s stock could nearly double by the end of next year, according to Morgan Stanley

Amazon is very far from its goal of achieving $1 trillion in cloud revenue, but it could deliver handsome returns for investors as it pursues that target, an analyst notes.

Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping

Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integrated into ChatGPT.
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The AI productivity payoff is coming. Here are 20 stocks primed to capture the gains as adoption spreads.

So far investors have been focused on artificial-intelligence infrastructure plays rather than productivity beneficiaries, says Goldman Sachs.
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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