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…

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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…

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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….

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Scottish proverb of the day: “Choose your wife on Saturday, not on…” – proverb offers a timeless lesson about love, trust and first impressions |

Scottish proverb of the day (Image generated via Google Gemini) Think about how different a person can look on two different days. On a big day, they are dressed up, smiling, polite and on their very best behaviour. On a normal day, they might be tired, a little grumpy, wearing old clothes and saying exactly…

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