admin_58962758

CarMax (KMX) Q1 earnings

A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed…

Read More

Strait of Hormuz to reopen, U.S. to lift Iran sanctions under 14-point deal seeking to end Iran war

The U.S. is expected to lift sanctions on Iran and unfreeze funds and assets linked to the country’s regime, under a 14-point memorandum of understanding provided to NBC News by a senior U.S. official. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The interim agreement declares an intent…

Read More

What it means for your money

Chairman of the Federal Reserve Kevin Warsh delivers remarks after being sworn in during a swearing-in ceremony in the East Room of the White House on May 22, 2026 in Washington, DC. Roberto Schmidt | Getty Images The Federal Reserve held interest rates steady Wednesday, concluding the first meeting helmed by new Fed Chairman Kevin Warsh….

Read More