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Finance

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1,598 articles

Finance

BlackBerry Stock Surges 21% Amid AI Race

BlackBerry's stock has surged 21% in a year, outperforming rivals, as its CEO calls AI a "once in a generation" event. The company's focus on safety-critical systems in automotive and government sectors provides a buffer against AI-driven market disruptions. Strong financial results and high-level certifications underpin its resilience.

1 week ago
Finance

Mayor’s First 100 Days: Radical Promises Spark Tax Hikes

Mayor Zohran Mamdani's first 100 days are marked by radical promises, particularly a push for significant tax hikes on the wealthy and middle class. Critics question his leadership and alleged anti-American stance, citing controversies like the scaled-back Times Square anniversary event.

1 week ago
Finance

US Energy Exports Undermine Foes, Boost Jobs

U.S. energy exports are a potent geopolitical tool, bolstering allies and undermining adversaries like Russia, according to House Majority Leader Steve Scalise. Increased domestic production, particularly from the Gulf of Mexico, is creating jobs and attracting billions in private investment.

1 week ago
Finance

Virgin Galactic Stock Plummets 99% Amid Bankruptcy Fears

Virgin Galactic's stock has plummeted by nearly 99% since 2019, pushing the space tourism company towards potential bankruptcy. Despite raising ticket prices to $750,000, the company faces significant financial hurdles, including massive operating losses and a struggling new spacecraft development timeline.

1 week ago
Finance

NYC Mayor Faces Tax Hikes Amid Budget Crisis

New York City Mayor Eric Adams is facing a budget crisis that may lead to significant tax increases, including a proposed 51% rise in the top marginal tax rate. Critics point to campaign promises clashing with the city's fiscal reality, potentially impacting middle-class residents and businesses.

1 week ago
Finance

Artemis II Crew Relives Launch; Moon Landing Eyed by 2028

The Artemis II crew reflected on their mission, with launch being a standout moment they'd relive. As the Orion capsule prepares for splashdown, discussions turn to the future, with hopes of lunar landings by 2028 and significant technological and commercial advancements.

1 week ago
Finance

NATO Allies Urged to Step Up Support for US

Retired Navy SEAL Mike Cirelli urges NATO allies to increase their support for U.S. international efforts, citing delays in crucial operations. NATO's chief acknowledges past slow responses, while Cirelli emphasizes the need for allies to take greater responsibility for global security, especially concerning energy supplies.

1 week ago