Citi's Chief Financial Officer (CFO), Mark Mason, has announced his departure from the role, marking a significant shift within the company. Mason, who has been with Citi for over two decades, will step down in early March. He will take on a new position as executive vice chairman and senior executi
The UK housing market is showing small signs of improvement. This is after a long period of uncertainty. Surveyors are now feeling more positive about the future. This is due to a few key factors. First, the finance minister's tax plans are now clearer. There was a lot of worry about possible tax i
Investors might want to consider a shift in their portfolio strategy for 2026. A 40/60 split between stocks and bonds could offer better returns with less risk. This approach is based on predictions that stock market gains will slow down. Over the past decade, stocks have seen an average annual retu
Venezuela holds a massive amount of oil. It's the biggest reserve in the world. But getting it out is a big challenge. The country's oil fields are old and not very efficient. Plus, the oil they have is dirty and costly to clean. Some people think the U. S. wants this oil. They say it's why they wa
The stock market has been on a roll, and experts are wondering how long this winning streak can last. The S&P 500, a key indicator of the market's health, hit a whopping 39 record highs last year, adding to the 57 it reached the year before. That's a lot of highs! Overall, the market grew by 16. 4 p
In December, Britain's manufacturing sector showed some signs of improvement, but the overall outlook remains uncertain. The S&P Global Purchasing Managers' Index (PMI) for manufacturing rose to 50. 6, up from 50. 2 in November. However, this was lower than the initial estimate of 51. 2. This increa
The crypto market is in a slump. Bitcoin and Ethereum are both headed for their first losing year since 2022. But experts are not too worried. They think this might just be a temporary setback. Right now, things look tough. There are worries about Bitcoin's cycle and the economy is not doing well.
In 2025, crypto became the talk of the town. Big names, like President Donald Trump and his family, jumped in. This made crypto super popular, but also super crowded. Too many people wanted a piece of the pie. Soon, major cryptos like Bitcoin hit record highs. But then, things took a turn. Prices d
North Texas is set to see a big jump in jobs over the next few years. With the population growing fast, there's a push to get people ready for the jobs that will be in demand. But there are hurdles to overcome, like getting the right training and credentials. The jobs that will see the most opening
The finance world is buzzing about private credit. It's not just a side option anymore. It's becoming a main player in the game. Big names like Ares Management are seeing a bright future for this market, even as others worry about interest rates and jobs. Banks are stepping back from certain loans.
