Financial Institutions Inc. (FISI) reported solid Q4 and full-year 2025 results, with net income reaching $73.4 million. The community bank, leveraging its deep roots in Upstate New York, is positioning for further growth in 2026, buoyed by major local investments like Micron's semiconductor project.
Financial Institutions (FISI) reported solid Q4 and full-year 2025 results, beating guidance on key profitability metrics. Management highlighted disciplined loan growth, a strengthened capital position, and strategic shifts, while pointing to long-term opportunities from major industrial investments in its Upstate New York footprint.
While homeownership is a common goal, the investment strategies of the affluent reveal a more nuanced picture. Analysis of wealth tiers shows real estate plays a varying, and often shrinking, role as net worth climbs into the millions.
The Islamic State group has claimed a surprise attack on the international airport in Niger's capital, Niamey, causing material damage and wounding soldiers, according to a monitoring group. The assault marks the latest in a series of high-profile strikes by the jihadist network in the Sahel nation.
A new analysis reveals significant geographic disparities in Social Security benefits, highlighting how state-level policies and living costs determine the real value of monthly checks for millions of retirees.
The abduction of nearly 200 residents from Kurmin Wali has shattered community life, triggering a wave of departures as survivors lose faith in state protection and face an uncertain future.
Seven Wisconsin employers filed WARN notices in January, yet the state's unemployment rate held steady at a low 3.1%. Economists point to a cooling but stable labor market, with significant workforce changes driven by retirements and sectoral shifts.
Initial unemployment filings in Missouri fell by nearly 25% last week, outpacing a modest national decline and contrasting with volatile swings in other states.
Initial unemployment filings in Missouri fell by nearly 25% last week, a significant improvement that contrasts with mixed results seen in other states across the nation.
Weekly unemployment filings in New York state rose last week, contrasting with a slight national decline and highlighting regional economic disparities.
New unemployment filings in Wisconsin edged higher last week, diverging from a slight national decline and highlighting ongoing labor market fluctuations across states.
New unemployment filings in Maryland fell significantly last week, offering a spot of positive news for the state's labor market as national claims also edged lower.
Initial unemployment filings in Pennsylvania fell last week, contributing to a stable national picture, though sharp swings in other states highlight ongoing regional volatility.
Initial unemployment filings in Oregon fell last week, reflecting a slight easing in layoffs, while national figures held steady and other states experienced sharp swings.
While tech stocks dominate AI headlines, Welltower Inc. is leveraging artificial intelligence and demographic shifts to redefine senior living and create a powerful growth engine, positioning itself as a unique beneficiary of long-term healthcare trends.
A second woman has come forward alleging the late financier Jeffrey Epstein arranged for her to have a sexual encounter with Prince Andrew in 2010, according to a BBC report. The claim surfaces amid renewed scrutiny following a major document release by U.S. authorities.
A coordinated two-week operation between ICE and multiple West Virginia law enforcement agencies has resulted in the arrest of more than 650 individuals for immigration violations, including some with criminal histories.
Terreno Realty Corporation has completed a key industrial facility in Hialeah, Florida, part of a larger strategy to redevelop a former landfill into a premium logistics hub. The move highlights the firm's focus on coastal infill markets and raises questions about execution risks and valuation as the project scales up.
A Memphis couple's financial foundation is shaken after the husband secretly buys a high-value investment property, sparking a fierce debate on trust, communication, and 'financial infidelity' in marriage.
Economist Peter Schiff, famed for foreseeing the 2008 collapse, now predicts a severe market correction driven by high mortgage rates and unsustainable prices, potentially triggering widespread defaults. While today's market fundamentals differ, his warning underscores deep-seated affordability concerns.
