Texas-based Intuitive Machines recently embarked on its historic moon mission, which could potentially lead to the first U.S. lunar landing in over five decades. The company’s Nova-C lander, named “Odysseus” after the legendary Greek hero, was launched aboard SpaceX’s Falcon 9 rocket, marking the beginning of the IM-1 mission. This momentous occasion has been described
Stellantis, the global auto giant, has recently released its financial report for the second half of 2023, revealing a 10% decline in profit compared to the previous year. This decrease can be attributed to a series of strikes that took place in the “Detroit Three” automakers and caused significant disruptions to production in Stellantis’ North
The U.K. economy experienced a setback as it slipped into a technical recession in the final quarter of last year, according to initial figures released by the Office for National Statistics (ONS). The U.K.’s gross domestic product (GDP) shrank by 0.3%, marking the second consecutive quarterly decline. While there is no official definition of a
The BRICS countries, composed of Brazil, Russia, India, China, and South Africa, are poised to witness a significant increase in their millionaire population over the next ten years. A recent report by Henley & Partners, in collaboration with global intelligence firm New World Wealth, highlights that the number of millionaires in the BRICS bloc is
Homeownership is a dream that seems out of reach for many Americans, and unfortunately, it is even more elusive for Black Americans. A recent report from LendingTree reveals that in the largest metropolitan areas of the United States, Black individuals own a disproportionately small share of homes compared to their population size. This stark disparity
Phoenix Suns owner Mat Ishbia is taking a bold step in the world of sports, entertainment, and real estate investments. In a move that seeks to unite his ventures under a single brand, Ishbia has announced the formation of the Player 15 Group. This groundbreaking investment and holding company will serve as the umbrella organization
The baby boom generation is rapidly approaching retirement age, with the first wave of individuals set to reach “peak 65” in 2024. However, many may be surprised to learn that 65 is no longer the full retirement age for Social Security benefits. Changes implemented in 1983 have gradually increased the full retirement age from 65
TUI, the German travel giant, has become the latest company to abandon its share listing in London. In a decisive vote, shareholders overwhelmingly opted for the company to list solely in Frankfurt, Germany’s financial hub. The move is expected to take place on June 24, and it signifies a significant shift in TUI’s listing preference.
When Lyft released its earnings for the quarter, the initial reaction from investors was one of excitement. The company’s stock soared by more than 60%, causing a major buzz in the market. However, the excitement quickly turned to disappointment as Lyft’s Chief Financial Officer, Erin Brewer, revealed a major error in the press release. Lyft’s
In a startling turn of events, Wall Street experienced a significant decline on Tuesday as the release of higher-than-anticipated consumer inflation data sent shockwaves through the market. The unexpected surge in inflation led to a sell-off in bonds, causing the 10-year Treasury yield to surpass 4.30% and driving equity prices sharply lower. This decline in