Investment

Exxon Mobil on Friday posted its biggest quarterly profit in more than a year that also topped analysts' estimates as demand for oil, gas and chemicals rebounded, quelling some investor concerns over its recent weak performance.

Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors for losses incurred since the company listed in the U.S. in late June, according to people familiar with the matter.

Tesla CEO Elon Musk prepared investors during the company's second quarter earnings call not to expect him to show up for such conversations in the future.

Investors around the globe are pouring money into U.S. financial assets, a sign of confidence that the world’s largest economy remains poised to pull through the Covid-19 pandemic better than many others.

Younger investors are becoming increasingly interested in bitcoin, new polling shows.

Goldman Sachs is considering whether to raise salaries for junior investment bankers to compete with rivals on Wall Street, as younger staffers have complained of experiencing burnout from long hours worked during the pandemic, when financial markets were exceptionally busy.

Republican Sens. Pat Toomey and Ron Johnson wrote a letter to the Federal Retirement Thrift Investment Board’s acting chairman expressing concerns that investment giants BlackRock and State Street Global Advisors are not prioritizing the financial security of retired federal employees.

U.S. Special Envoy on Climate John Kerry predicted this week that to address climate change, the world would undergo an enormous economic transformation on the scale of the industrial revolution.

Bitcoin 2021 Miami, which has been described as the largest Bitcoin event in history, kicks off at a time when financial advisers say more of their clients are showing interest in digital currencies.

Missouri might be no match for Napa Valley yet, but its trajectory of growth is putting it on course to be.

Bank of America chairman and CEO Brian Moynihan, in an exclusive interview with FOX Business' Maria Bartiromo, said "shareholders ought to benefit" from the bank's profitability.

Fox Business Network anchor Stuart Varney discussed what fellow FBN host Larry Kudlow called President Biden's "confiscatory" tax plan, remarking that the oppressive taxation coming down the pike in his tax plan has essentially awarded the Democratic Party's socialist wing the true control of American government.

President Biden is expected to lay out another spending plan next week, which may include a serious hike in capital gains tax rate for the wealthy.

Dogecoin's valuation temporarily surged to $54.95 billion after cryptocurrency enthusiasts and even major brands drummed up commotion around what's been dubbed "DogeDay."

Cryptocurrencies are finding their way into the hands of home buyers.

The "Doge4Amazon - Accept Dogecoin as a payment method" petition, posted to Change.org, claims that Amazon is "alienating many people who do not have a traditional bank account" by not offering Dogecoin.

Kelyn Spadoni, 33, was taken into custody Wednesday on charges of theft valued over $25,000, bank fraud and illegal transmission of monetary funds.