Deira Trading Company

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Oil price charts produced a pattern not seen in 36 years. What happened last time?

Brent crude futures charts produced a technical pattern that hasn’t been seen in 36 years, and what that could mean for oil prices.

GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs

General Motors is laying off hundreds of salaried employees in its information technology operations.

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A ‘race against time.’ Hormuz closure could push Brent to $150 a barrel by summer, warns Morgan Stanley.

Oil is climbing to start the week as Morgan Stanley is warning that crude prices are being held at bay from much higher losses. But that could change.
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U.S. stock futures fall, oil surges as Trump calls Iran’s latest offer to end war ‘totally unacceptable’

U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”

Target is trying to win back busy families from Walmart, starting with the baby aisle

Target is refreshing its baby category as part of a broader effort to offer better products and more convenience to compete with Walmart and Amazon.
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‘Fibermaxxing’ has spurred the launch of fiber sodas and gummies. Is the craze going too far?

Companies are rushing to cash in on “functional snacking,” but experts warn that the health benefits of fiber treats might not be all they’re cracked up to be.

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The most prestigious role in AI has no job description

Everyone from Anthropic to tiny startups is hiring for the “member of technical staff” — but does anyone know what it means?
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Just graduated? Here’s your financial cheat sheet for building real wealth.

Financial experts say building intentional saving and spending habits early can go a long way toward long-term financial success.

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My mother regrets paying Social Security. She says she should have invested her contributions. I disagree. Who’s right?

“There’s no way my dad and my mom paid enough into Medicare to cover my dad’s six months in long-term critical care.”

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Wearable patches: How Barrière is trying to disrupt the supplement industry

Supplement patch company Barrière is launching the first-ever lactose intolerance patch in 1,700 Walmart stores, the company told CNBC exclusively.
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Lumentum’s fiery stock rally earns it a spot in this hot index

Lumentum’s stock performance ranks sixth in the S&P 500 this year. Now the optical company is set to join the Nasdaq-100.

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States crack down on tax break for wealthy investors

The One Big Beautiful Bill Act turbocharged the tax break on QSBS, but states including New York and Oregon have taken aim at the incentive.

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How nearly half of women are cheating themselves out of free money

This is almost a guaranteed way to end up with too little money in retirement.

Trump's $1 million 'Gold Card' fails to catch on among the world's wealthy

President Donald Trump's "Gold Card," which promised U.S. residency in "record time," has been dogged by delays and legal questions.

Fitness wearable Whoop to offer on-demand clinician access to U.S. users

Whoop is introducing on-demand clinician access and AI-powered health guidance, largely included in the price of membership.
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These popular retirement communities have years-long waiting lists — but here’s what they’re not telling you

What to keep in mind before paying $400,000 to $1 million in entry fees to move into a continuing-care retirement community.

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The AI marathon’s biggest threat suggests the finish line is nowhere in sight

Returns on investment are still attractive enough to suck capital into the AI infrastructure buildout, but many of the benefits are accruing to companies in Asia rather than the U.S.

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Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs

Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down…

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Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.

The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.”

Peloton stock rises as higher subscription prices help company drive a profitable quarter

Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
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EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt

The GameStop chief, who proposed acquiring eBay for $55.5 billion Monday, was selling GameStop-related merchandise through his account.

Used car prices fall for the first time this year and EV interest rises as gas prices spike

Cox Automotive reports affordability remains a key concern for buyers and that's driving increased demand for older vehicles as well as all-electric vehicles.

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Arm puts a big number on its newest venture, but its stock falls

The chip designer said it has more than $2 billion in customer demand for its first-ever data-center CPU

McDonald's is about to report earnings. Here's what to expect

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.
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Hantavirus outbreaks rarely happen. This Andes strain is ‘a complicated public-health situation.’

At least two people departed the MV Hondius cruise ship in late April and one has tested positive for the Andes strain, a type of hantavirus.

FanDuel CEO Amy Howe is out after five years at the sportsbook

Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.

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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