AI’s housing impact is strong — but highly localized
The next residential development slated for the Long Island City waterfront will feature nearly 70 percent affordable units, in HPD’s first deployment of the Adams-era mixed-income financing push. Slate Property Group, the Hudson Companies and Volunteers of America Greater New York announced a nearly 1,000-unit waterfront development on city-owned land in Hunters Point South. The…
Earnings season hits full stride next week, with several of the market’s biggest companies set to report. Investors will be watching not only the headline numbers, but also management commentary on AI spending, consumer demand, tariffs, and the outlook for the second half of the year. Monday Before the Open AstraZeneca (AZN) Baker Hughes (BKR)…
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.26%. September E-mini S&P futures (ESU26) rose +0.82%, and September E-mini Nasdaq futures (NQU26) rose +1.35%. Stock indexes settled higher on Monday, with the S&P 500 posting a 2.5-week…
Key Points Wall Street’s median target price values Meta Platforms at $815 per share, implying 36% upside from its current share price. Meta stock is down 24% from its high despite strong first-quarter results, as investors worry about capital expenditures. Meta’s second-quarter financial report is due on July 29, and investors will be looking for…
Reaza Ali (pictured top), national business development manager at Heartwood Financial Group, emphasized in a recent interview with Canadian Mortgage Professional that focusing too strongly on the national figures might not be the right approach for mortgage professionals in regional markets. “There are segments in the Canadian lending landscape and the Canadian real estate market…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 31, 2026 Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations For release at 10:00 a.m. EDT The Federal Reserve Board…