The connected fitness pioneer is reducing its workforce as part of a broader $100 million cost-saving initiative, responding to persistent revenue declines and a shrinking subscriber base since its pandemic-era peak.
Darden Restaurants is winding down its Bahama Breeze brand, closing 14 locations and converting another 14 to other concepts within its portfolio, as the casual dining sector continues to face significant headwinds.
The U.S. Treasury Department is finalizing a general license that would permit companies to resume pumping oil in Venezuela, a significant step in the administration's strategy to revive the country's crippled energy sector following the ouster of Nicolás Maduro.
Private mortgage insurer MGIC Investment Corporation (MTG) reported robust fourth-quarter and full-year 2025 results, driven by disciplined risk management and a fortified capital position. While forecasting a flat insurance-in-force market for 2026, the company highlighted strategic reinsurance moves and significant capital returns to shareholders.
Amid market turmoil following Kevin Warsh's nomination to lead the Federal Reserve, seasoned investor George Noble argues traders have misjudged the nominee as a hawk. He contends Warsh's dovish leanings will instead accelerate the monetary trends that have powered gold and silver to record highs.
With Social Security's trust fund projected to face insolvency by 2032, personal finance author Ramit Sethi argues that eliminating the wage cap on payroll taxes is an essential starting point for shoring up the vital program, which provides over half the income for nearly half of senior women.
As 2026 contribution limits are set, we analyze the potential ten-year outcome of a single year's maximum 401(k) investment, illustrating the power of compound growth for retirement savers.
A Senate investigation has revealed that Credit Suisse held hundreds of accounts linked to the Nazi regime, a finding brought to light following its acquisition by UBS. The discovery prompts a deeper congressional examination of Swiss banks' historical ties.
The National Rifle Association is urging Congress to pass concealed carry reciprocity legislation following sharp criticism from U.S. Attorney Jeanine Pirro, who vowed to prosecute anyone bringing firearms into Washington, D.C., regardless of permits.
While Health Savings Accounts offer a powerful triple tax advantage, a common withdrawal habit is undermining their long-term potential for millions of savers.
As Bob Iger prepares to step down, the Disney CEO used an earnings call to outline a clear vision for his successor: evolution is non-negotiable. With the board nearing a decision, the media giant stands at a pivotal crossroads.
The German federal government has acquired a 25.1% stake in transmission system operator TenneT Germany for €3.3 billion, marking a significant step in securing funding for the massive grid expansion required by the nation's shift to renewable energy.
The Walt Disney Company has named Josh D’Amaro, the architect behind its lucrative parks and experiences division, as its next chief executive, concluding a closely watched succession saga and signaling a strategic focus on its core profit engine.
Panasonic Energy announced its De Soto facility is scaling up to 50% operational capacity within months, with construction on a major second wing now underway, signaling robust growth amid a shifting EV policy landscape.
UK-based trading giant IG Group has completed its acquisition of Australian cryptocurrency exchange Independent Reserve, a move that significantly expands its regulated digital asset footprint across the Asia-Pacific region and the Middle East.
Pilgrim Partners Asia significantly reduced its holding in the iShares Ethereum Trust ETF as Ether's price struggles, highlighting institutional risk management in volatile digital asset markets.
A surge in early Social Security filings has many retirees questioning their choice. For those who change their minds, the SSA offers a limited-time escape hatch—but the rules and repercussions are critical to understand.
Danish energy giant Ørsted has agreed to sell its entire European onshore renewables business to Copenhagen Infrastructure Partners for $1.7 billion, marking a decisive pivot to concentrate its resources on large-scale offshore wind development across core European markets.
The Walt Disney Company has appointed longtime executive Josh D'Amaro as its next Chief Executive Officer, succeeding Bob Iger in a planned transition. D'Amaro, who currently leads Disney's theme parks division, will assume the role in March with a compensation package valued at approximately $38 million.
First Majestic Silver's $970 million acquisition of Gatos Silver, finalized last year, has dramatically boosted production and profits just as silver prices soared, positioning the company as a top performer in the precious metals sector.
