Deira Trading Company

IRS staff cuts mean fewer audits of the wealthy

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, straight to your inbox. Wesley Stanovsek was a dream hire for the IRS in 2024. With $80 billion in new funding from Congress, the IRS […]

(CHA) starts trading on the Nasdaq

People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023. Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on the […]

Target CEO Brian Cornell meets with Al Sharpton after DEI rollback

People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States.  Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer faces calls for a boycott and a slowdown in foot traffic that […]

Netflix maintained its 2025 guidance. There’s a catch

Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted […]

Netflix (NFLX) earnings Q1 2025

LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charley Gallay/Getty Images for Netflix) Charley Gallay | Getty Images Entertainment | Getty Images Netflix posted a major earnings beat on Thursday, as […]

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