ExxonMobil capped 2025 with its highest annual oil and gas output in over four decades while returning historic cash to shareholders, setting the stage for a pivotal year as it balances traditional strength with energy transition investments.
For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
The death of a spouse brings profound emotional and financial changes. This guide outlines key steps to reassess benefits, taxes, and income strategies to secure long-term stability during a difficult transition.
A dominant institutional ownership of Nanosonics Limited brings both stability risks and concentrated power dynamics, as analysts weigh the stock's future trajectory in the infection prevention market.
For the second year running, a Chicago financial institution has become the nation's first bank failure. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC facilitated a swift takeover by Detroit's First Independence Bank, ensuring depositors are protected.
Columbia Financial (NASDAQ: CLBK) reported fourth-quarter revenue that significantly exceeded Wall Street expectations, driven by a 247% year-over-year surge. The community bank's performance highlights strengthening net interest income and an accelerating tangible book value.
The Internal Revenue Service's free online tracker is now active for taxpayers who have filed their 2025 returns, providing daily updates on refund status and estimated deposit dates for 2026.
Amidst crypto market turbulence, Tether (USDT) maintains its dominance as the leading stablecoin, offering investors a potential harbor and sparking debate over its role in modern finance.
German Chancellor Friedrich Merz has called for urgent action to dismantle barriers and create a truly integrated European capital market, arguing it is essential for the bloc's economic competitiveness and to keep innovative firms from listing abroad.
While a seven-figure nest egg is a common retirement goal, financial experts caution that its sufficiency hinges on withdrawal strategies, lifestyle expectations, and supplemental income.
A sharp post-holiday inventory drawdown is reshaping freight dynamics, with falling ocean container rates foreshadowing tighter truck capacity, higher rejection rates, and rising costs for shippers in the months ahead.
A high-earning Orlando software engineer faces a stark choice: pursue a lifelong dream in federal law enforcement at a major pay cut and a significant real estate loss, or stay put in a lucrative tech career. His story highlights the personal costs behind shifting housing markets and career pivots.
Former President Donald Trump's recent comments advocating for higher housing prices have ignited debate, as experts warn such a stance could deepen the affordability crisis for younger generations and renters.
UPS's ambitious free cash flow target for 2026 appears to secure its hefty dividend, but a closer look reveals reliance on asset sales, deep cost cuts, and reduced capital investment—a strategy that may be mortgaging its long-term expansion.
Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding scheduled to begin after Labor Day. The deal reshapes Michigan's banking landscape and creates the nation's ninth-largest bank.
As inflation persists, Baby Boomers are leveraging decades of financial experience to cut costs strategically. We examine the key spending categories they avoid and the generational mindset behind their money choices.
CNBC's Jim Cramer positions Alphabet as the potential 'only winner in AI,' suggesting its upcoming earnings may show it generating more revenue from AI than rival Meta Platforms.
Amid subscription fatigue and market fragmentation, the proposed union of Netflix and Warner Bros. Discovery is framed not as a threat to competition, but as a necessary consolidation to compete with tech giants and refocus value on consumers.
A soon-to-be father's anxiety over an $8,000 car loan led him to consider a costly 401(k) withdrawal. Financial experts Dave Ramsey and John Delony strongly advised against it, highlighting the severe penalties and long-term consequences of mixing emotional decisions with retirement planning.
