Business

Business
Business

Iconic car maker raises dividend by 20% after record profit

Valued at a market cap of $73 billion, General Motors is among the largest automobile companies in the world.  The Detroit automaker recently announced a 20% dividend bump alongside a fresh $6 billion buyback program after beating Wall Street’s fourth-quarter earnings forecasts. GM stock surged on the news and is now up close to 70%

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Business

Another troubled theme park files for Chapter 11 bankruptcy

With consumer economic sentiment ebbing throughout 2025, many Americans have spent the last year watching their discretionary spending more carefully — ultimately leading to fewer dollars spent at venues like amusement parks. In some cases, park bankruptcies followed. After posting a loss of more than $1.2 billion last December, Six Flags revealed it will close

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Business

Why the Fed’s balance sheet could move mortgage rates sooner

Mortgage rates could move sooner than many homebuyers expect but not because of interest-rate cuts — rather because of how the Federal Reserve manages itsbalance sheet. Federal Reserve Governor Stephen Miran said Feb. 10 that the central bank’s $6.6 trillion balance sheet needs to be smaller to reduce its footprint in financial markets and give

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Business

Morgan Stanley drops ‘run it hot’ roadmap

The S&P 500 has been a tale of two tapes since September, as investors locked in years of eye-popping gains in big-cap tech and rotated into under-owned baskets like energy. The broadening beyond technology is an important shift that’s buoyed by a government and Federal Reserve bent on accelerating economic growth. Morgan Stanley’s Chief U.S.

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