Deira Trading Company

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Taking care of your family shouldn’t wreck your retirement

Unpaid family work is costing caregivers $1,000 a month. Here is how Congress wants to help them catch up.
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The S&P 500 climbs for a 9th straight day — but the ‘breadth paradox’ is sending a rare warning

The S&P 500’s latest string of records has come with a catch: Fewer stocks are participating in the rally.

Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook

Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company's strategy.
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Dollar General says customers are buying less food because driving is too expensive

“This pressure has been more pronounced on customers in rural communities as they work to minimize trip distance,” the discount retailer’s CEO said.

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Alphabet’s relentless AI spending is giving new shine to Broadcom’s stock

The company’s “aggressive” cadence and performance improvements for its switching chips will also keep it ahead of competitors, an analyst said.

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HPE’s stock soars toward record gain as earnings show a networking bonanza

The artificial-intelligence buildout is driving intense demand for networking and servers, and Hewlett Packard Enterprise is reaping the rewards.

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Job seekers are using ‘AI role-play’ to negotiate salary. Here’s how to do it.

These AI prompts can help make you a master salary negotiator at your next job interview.

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McDonald's unveils new global growth strategy to win over diners as competition rises

McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.

Barry Diller's People offers to buy casino giant MGM Resorts for $48.30 per share

Barry Diller's People Inc. extended an offer for MGM Resorts at $48.30 per share.

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.
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Doctors stood up and cheered mid-presentation for this historic pancreatic cancer treatment

The announcement of a successful late-stage treatment that nearly doubles the survival for patients with deadly pancreatic cancer brought an audience of doctors and other global oncology professions to their…
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Jerome Powell warns that politicizing Fed will erode its credibility

Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from…
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Oil rises, U.S. stock futures flat as Wall Street looks to extend its winning streak

U.S. stock-index futures were little changed on Sunday, as Wall Street looks to stretch the market’s record-setting rally into June.

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My golf buddy dropped me when I didn’t ask him to be my financial adviser. Was I naive?

“Friendliness alone is not a sufficient reason to trust someone with your finances.”

Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push

Disney is selling ads for the Super Bowl, Oscars and Grammys in 2027, all major advertising revenue drivers. Global ad president Rita Ferro is leading the charge.
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As Big Tech’s power demand surges, data centers bring utilities a huge new profit center

The market hasn’t fully priced the next logical step for the AI buildout: Big Tech acquiring regulated utilities outright.
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The stock index you invest in isn’t always the most important decision. Here’s what matters even more.

Time in the stock market is more important than index selection — and the Dow’s 130-year history proves it.

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What would cause the Fed to hike rates this year? The answer might surprise you.

Later this month, the Kevin Warsh-led central bank will start preparing a possible pivot to tighter policy.

Will Gen Z be the generation to revive moviegoing?

Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters.
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Gap and American Eagle shares both get crushed — and neither retailer is blaming the economy

Despite earnings that underwhelmed investors, executives at both Gap and American Eagle Outfitters said nothing is wrong with the economy.

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A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.

Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.

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Dell’s stunning 33% stock rally gave a big boost to shares of other server makers

Dell’s blowout earnings report is highlighting how the AI buildout is also driving demand for old-school computing.

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'Our flavors are on the shelf': The evolution of Asian grocery beyond the 'ethnic aisle'

As interest in Asian flavors rises, mainstream grocery stores are incorporating more Asian groceries to work toward being a one-stop shop for all consumers.
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Bank of America strategists see a different historical parallel for the AI rally — and it isn’t the dot-com boom

Bank of America strategists are negative on European equities as they weigh the boom-and-bust dynamics of the AI build-out

Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance

Gap issued mixed results as sales at its largest brand, Old Navy, fell short of estimates.
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I’m setting up brokerage accounts for my grandkids in my daughter’s name. Is that wise — or am I asking for trouble?

“The contributions are invested in mutual funds tracking the S&P 500, small-cap stocks and international equities.”

American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads

American Eagle beat Wall Street's expectations but sales at its namesake banner fell short of estimates after its latest Sydney Sweeney campaign.
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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