The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...
This story was originally published by CalMatters. Sign up for their newsletters. California will face a nearly $18 billion budget deficit in the new fiscal year due to higher than expected spending, ...
Meta stock fell 6% after its earnings report came out. Investors seem to balk at plans to notably increase capex spending next year. The company also took a one-time, non-cash charge of $15.9 billion ...
The City of Buffalo’s annual budget is in the red by tens of millions of dollars. And while its leaders look for ways to balance the books, the to-do list for the city is getting longer all the time: ...
Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what is behind ...
Many now see America’s oldest subway system as a model for repairing the country’s crumbling transportation infrastructure – ...
Poland signed two separate deals with Palantir Technologies Inc. and Anduril Industries Inc. on Monday as the country steps up to upgrade its army amid record military spending. Poland’s Defense ...
Meta Platforms reported record revenue in the third quarter but the company warned of accelerating capital expenditures around artificial intelligence, sending its stock down 8% in after-hours trading ...
Shares of Google parent Alphabet Inc (NASDAQ:GOOGL) are up 4.2% to trade at $286.05 at last glance, after the company reported record revenue of $100 billion for the third quarter, surpassing analysts ...
Happy numbers galore. Net income rose 33% to nearly $35 billion, while earnings per share jumped 35% to $2.87. Alphabet crossed the $100 billion quarterly revenue threshold for the first time ever, ...