Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. The job cuts will be accompanied by increases in staffing in “selected areas” such as in international locations, resulting in a broadly constant global headcount of
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In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s
People walk by a sign for Freddie Mac headquarters on July 14, 2008 in McLean, Virginia. AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP via Getty Images) Paul J. Richards | Afp | Getty Images Fannie Mae and Freddie Mac — the two giant mortgage finance firms controlled by the federal government
Sony PlayStation games are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Sony on Thursday raised revenue and profit forecasts for the full year after reporting a significant jump in gaming sales for the fiscal third quarter. Here’s how Sony did in the December
In this article BARC-GB Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images Shares of British bank Barclays sank in early Thursday trade, after the lender eked out a full-year pre-tax profit beat and issued 2025 guidance in line with expectations. Pretax profit rose by 24% to £8.108 billion in 2024,
For those of you that have been affected by the Windfall Elimination Provision or the Government Pension Offset, this may be the most important article you read. The Social Security Agency at this point does not have a specific timeframe as to when benefits will be adjusted. The WEP reduces your own Social Security benefit.
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell
Elon Musk speaks next to President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters Staffers from Elon Musk‘s secretive government slashing effort, DOGE, have pushed the highest-ranking officials at the Department of Education — even those recently appointed by President Donald
In this article APP Follow your favorite stocksCREATE FREE ACCOUNT Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The
My husband and I enjoy the show on Netflix with Ted Danson titled “Man on the Inside.” Charles (Danson) is a retired professor of engineering who has recently lost his wife. Since his adult daughter is worried he is depressed, lonely, and bored, she encourages him to get a job that will get him out
Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.” Yet the popular television host said it’s the campaigning and being a politician that turns him off. “I’m not one of those dudes that’s great
In many ways, workers are still reeling from the pandemic. After a tumultuous few years, worrying about what will come next is causing more employees to suffer from so-called layoff anxiety. According to Clarify Capital’s 2025 survey of 1,000 Americans, 1 in 3 adults have layoff anxiety. It’s especially impacting younger workers: among Generation Z,
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Lyft shares shed about 6% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenues of $1.55 billion, versus the $1.56 billion expected by
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank’s retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024,
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59. Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl. The National Football League’s championship game
Sen. Elizabeth Warren, D-Mass. Tom Williams | Cq-roll Call, Inc. | Getty Images Sen. Elizabeth Warren is urging the Federal Deposit Insurance Corp. to reevaluate the decision to rescind more than 200 job offers to bank examiners in the wake of President Donald Trump‘s federal hiring freeze. The FDIC is already severely understaffed, which “threatens
In this article FIS Follow your favorite stocksCREATE FREE ACCOUNT Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon
Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as
Some parents do a fine or at least adequate job. Some do not. For those adult children who did not have adequate parenting, there may come a time for a challenging decision: should you care for an aging parent who was emotionally absent, abusive, or neglectful during your childhood? Do you owe it to them?
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