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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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Uber makes a $1B move for global delivery expansion

In its fourth-quarter earnings report, the ride-hailing giant Uber announced its intention to rapidly grow through the adoption of autonomous vehicles and expansion into other countries.  And within a few days, it has announced at least three major partnerships, establishing a global footprint, while back home in the US, it continues to grapple with a

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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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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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113-year-old grocery chain quietly closes stores in 2026

Whether due to pricing, proximity, or habit, many consumers become attached to a certain grocery store, making it their primary shopping destination. Over time, navigating the aisles becomes second nature, favorite brands are easy to spot, and weekly routines are built. That sense of trust is broken when a neighborhood grocery store closes, especially as

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American Airlines pilots share serious warning

Mainstream airlines have generally fared much better than low-cost ones in the current economy. Still, American Airlines has had a particularly challenging last year. At the end of January, the Dallas-based airline posted 2025 earnings of just $111 million or 16 cents per share in a report that missed analyst expectations of 34 to 38

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Stock Market Today, Feb: 10: Stocks are flat after retail sales are unchanged in December

This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Tuesday. This is TheStreet’s Stock Market Today for Feb. 10, 2025. You can follow the latest updates on the market here in our daily live blog. Update: 9:30 a.m. ET Opening Bell The

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ConocoPhillips CEO sends strong message on Venezuela oil future

With 30 years of Wall Street experience, Co-Editor-in-Chief Todd Campbell explains why ConocoPhillips stance on Venezuela’s oil ramp is a reality check for the energy sector. Energy companies have felt significant pressure over the past year as OPEC production has ramped up, driving West Texas Crude prices down to $62 per barrel, below Permian Basin

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Country to ban all U.S. airlines from refueling stops

Following the U.S. operation that led to the removal of Venezuelan leader Nicolás Maduro at the start of January, Donald Trump has made repeated threats on the Caribbean island nation of Cuba. After calling the country an “an unusual and extraordinary threat” over to U.S. national security, the Trump administration has blocked all Cuban oil supplies

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Recession-proof Dividend King offers safe 2.2% yield

Johnson & Johnson reported impressive fourth-quarter results that beat expectations while outlining an aggressive growth strategy.  And here’s something investors might find appealing: Johnson & Johnson (JNJ) is a Dividend King with 63 consecutive years of dividend increases, making it one of the most reliable income stocks in the market.  As a stalwart member of

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