Consumers, AI spending likely supported US economic growth in the second quarter

Consumers, AI spending likely supported US economic growth in the second quarter

Consumers, AI spending likely supported US economic growth in the second quarter
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We’ve all had awkward moments. Disagreements at work. Faux pas in formal settings. The odd harmless fib that spins out of control. In the commercial real estate trade right now, the most awkward moments might be coming via a new trend that we covered this past week: owners such as RXR, SL Green, Ares Management…
This article was written by Follow James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro,…
As the market shifts, speed and precision matter. During the “Working Smarter, Not Harder” panel at the 2026 Velocity conference in New Orleans, panelists dove into how new tech and AI-powered services are helping agents and lenders uncover qualified leads faster, automate repetitive workflows, and reduce both onboarding time and days on market. Attendees learned how predictive analytics, automated outreach, and intelligent data tools…
Merritt Point Wealth Advisors, an Old Greenwich, Conn.-based independent wealth management practice affiliated with Wells Fargo Advisors Financial Network, added a seven-person advisory team from Truist Wealth Management that oversees more than $1 billion in client assets, the firms announced. The Palm Beach, Fla.-based team includes partners Mark Elliot, Scott Friedman, Darren Dawson and John…
Echodyne, a radar-platform company, has opened a new $40 million manufacturing facility designed to meet growing demand for its drone-detection and airspace-monitoring systems. Headquartered in Kirkland, Echodyne established the 86,350-square-foot manufacturing and operations hub in nearby Woodinville, Washington. The facility will eventually be able to produce more than 2,500 radars per month — roughly 30,000…